by countyproperties | Jan 13, 2013 | Real Estate news, San Diego Investment Properties, San Diego Real Estate
After hitting a low of $6.45 trillion in the final quarter of 2011, Americans’ combined home equity jumped 20% during the next nine months to $7.71 trillion. With all the nail biting over fiscal policy and the economy in the closing weeks of 2012, you might have...
by countyproperties | Dec 9, 2012 | San Diego Investment Properties, San Diego Real Estate
Although real estate is local, in general, there are at least five significant contributors to rising prices: Housing affordability, increasing housing formation, rising rents, low inventory, and limited supply of distressed sales. Housing affordability is attractive...
by countyproperties | Dec 9, 2012 | San Diego Real Estate
The CoreLogic Home Price Index (HPI) showed that home prices nationwide, including distressed sales, increased on a year-over-year basis by 6.3 percent in October 2012 compared to October 2011. This change represents the biggest increase since June 2006 and the eighth...
by countyproperties | Nov 2, 2012 | Government Owned Properties, Latest News, San Diego Foreclosure news, San Diego Investment Properties, San Diego Real Estate
HomePath Mortgage allows a borrower to purchase a Fannie Mae-owned property with a low 3% down payment, flexible mortgage terms, no lender-requested appraisal and no mortgage insurance. Expanded seller contributions to closing costs are allowed. A good deal for San...
by countyproperties | Oct 13, 2012 | Latest News, San Diego Foreclosure news, San Diego Real Estate
Foreclosure activity reached a 5-year low in September with only 180,427 filings made on distressed properties, RealtyTrac said Thursday. The filings surveyed include default notices, scheduled foreclosure auctions and bank repossessions. Overall, September’s...
by countyproperties | Oct 13, 2012 | Finance, Latest News, Real Estate news, San Diego Real Estate
Thelatest housing scorecard reflects an improving market, with rising home values taking homeowner equity to its highest level since the third quarter of 2008. Homeowner equity jumped $406 billion, or 5.9%, to $7,275 billion in the second quarter. The number of...