by arnielevine | Aug 31, 2021 | Current Affairs, Finance, San Diego Real Estate
Nearly two-thirds of home offers written by Redfin agents faced competition in July, down from a revised rate of 66.5% in June and a pandemic peak of 74.1% in April. While July’s bidding-war rate was the lowest since January, it was still higher than the 57.9%...
by arnielevine | Aug 31, 2021 | Current Affairs, San Diego Foreclosure news, San Diego Investment Properties, San Diego Real Estate
Property owners must still comply with state and local eviction ordinances for now. State law still allows landlords selling a single-family home to evict a tenant if the buyer will occupy the property. Some local laws are more restrictive.The U.S. Supreme Court ruled...
by arnielevine | Aug 31, 2021 | Current Affairs, Finance, Home buying, San Diego Real Estate
1. There are fewer homeowners in trouble this time After the last housing crash, about 9.3 million households lost their home to a foreclosure, short sale, or because they simply gave it back to the bank. As stay-at-home orders were issued early last year,...
by arnielevine | Aug 31, 2021 | Current Affairs, Finance, San Diego Real Estate, Senior housing information
Keep your original Prop 13 tax base when moving to a home of equal or lesser valueanywhere in California Transfer your original taxbase to a new home up to three times If you’re a senior, retiree or older homeowner who feels trapped in a homethat no longer fits...
by arnielevine | Aug 31, 2021 | Covid, Current Affairs, San Diego Real Estate
Even as the pandemic persists and economic uncertainty rises, the housing market, although normalizing, isremaining remarkably resilient with little evidence of an impending foreclosure crisis. Home sales have fallen from15-year highs and the number of new mortgage...
by arnielevine | Aug 18, 2021 | Current Affairs, Finance, San Diego Investment Properties, San Diego Real Estate
“A bubble is something that’s going to pop. I look at it as a phase. The market is cyclical, and there may be some slight correction, but it won’t be nearly as bad as what we saw in 2008″”What’s different today from what we saw in...
