Rising home prices increases your homeowner equity

by arnielevine | Sep 10, 2016 | Real Estate news, San Diego Real Estate

Rising home prices cause homebuyers to cringe, however, for current homeowners, it’s another story. In fact, these rising home prices are pulling many homes out from underwater as the values increase to more than homeowners owe. Home Equity Report from ATTOM...

Fed holds off interest-rate hike

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

Just as many predicted, the Federal Open Market Committee,the group that sets the benchmark interest rate for bank lending, elected this week to hold steady and not increase federal funds rate. The current rate is set at between 0.25% and 0.5%, and will remain so,...

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...