Existing home sales growing in San diego is at the highest pace in the past decade

by arnielevine | Jul 5, 2016 | Finance, Real Estate news, San Diego Investment Properties, San Diego Real Estate

Existing home sales jumped in May to their highest increase in almost 10 years, according to a recent report by the National Association of Realtors. While existing home sales may have jumped, the high demand and lagging home prices caused the median sales prices to...

25 cities with the biggest rent hikes is it time to buy

by arnielevine | Jun 13, 2016 | Current Affairs, Real Estate news, San Diego Investment Properties, San Diego Real Estate

Single family investors keep winning, in more ways than one The rental market is ripe for single-family rental investors, even on the secondary side, with the top markets on the list showing rents increasing by above 10% in the first quarter. RentRange, a provider of...

Rental housing stock not nearly enough to handle coming wave

by countyproperties | Jun 12, 2015 | Finance, Real Estate news, San Diego Real Estate

Urban Institute: Rental surge to drop homeownership rate to 61.3% by 2030 The Urban Institute’s Housing Finance Policy Center just releaseda major new longitudinal study of expected household formation and homeownership ratesfrom 2010 to 2030. The paper predicts...

Home prices have climbed in 85% of U.S. metropolitan home markets

by countyproperties | Jun 12, 2015 | Latest News, Real Estate news, San Diego Real Estate

According to NAR Home prices have climbed in 85% of U.S. metropolitan home markets as low mortgage rates and the strongest labor market in almost 7 years spurred demand. The median price of an existing single-family home rose from a year earlier in 148 of the 174...

U.S. home market closer to normality

by countyproperties | Aug 28, 2014 | Real Estate news, San Diego Real Estate

U.S. home prices are slowing down, with easing annual growth in 20 major cities bringing the market closer to normality, according to data released Tuesday. For a fourth consecutive monthly gain, U.S. home prices rose 1% in June, pushing annual price growth to 8.1%,...

California home prices reach highest level in 6 years, no slowing in home sales

by countyproperties | May 7, 2014 | Latest News, San Diego Real Estate

While the price of a California home rose to a level not seen in six years, it didn’t drive buyers out of the market. In March, the median price for a home rose to $366,000, which was up $16,000 from February and marks the highest price since March 2008. Despite...