Recent Posts

Great Urban Race – Downtown San Diego

Don’t Miss Jolt’n Joe’s GREAT Urban Race, Downtown San Diego’s Gaslmap District WHEN: February 1, 2014…ALL DAY, but if you want to win I suggest showing up early and you’ll need a team of at least two to participate! 379 4th Avenue San Diego,CA 92101

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Housing starts surge in November — sign of housing pickup?

Source: La Times The U.S. Commerce Department reported this week that housing starts in November increased by nearly 23 percent from the previous month. Clearly, the housing market recovery is picking up pace heading into next year. The number of homes that builders started last month was well above October estimates. Read the full story: […]

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Home price indices show home values rising more than 10 Percent

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Just Leased – Metropolitan Downtown San Diego above the Omni Hotel

Don’t let your investment go unrented… We handle Tenant Procurement, Advertise your Vacancy, Negotiate Rates and Rental Terms, all at an affordable rate. Get it rented today! We’ll handle the details of filling your unit with the best possible tenant, at the best possible rate and fast!… If this is an investment property purchase, we’ll […]

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Luxury Housing Boom in U.S. is Still Playing Out

 Source – LA Times The U.S. luxury home market is being driven to new heights by relatively low prices, low interest rates and a more stable economy than in many countries, experts say. POST MLS – Email or Call to be added to the Premere Preview – Not currently added to the MLS!!! Rare 2 […]

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Housing Market Heats UP! Low Inventory is creating lots of competition for buyers.

What You Should Know…  Home prices continued to post strong annual gains, and home sales recorded the first annual increase in six months, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 443,520 units in July, according to […]

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FHA Trims Waiting Period for Borrowers Who Experienced Foreclosure

Borrowers who went through a bankruptcy, foreclosure, deed-in-lieu, or short sale can now reenter the market in as little as 12 months under a new guideline established by the Federal Housing Administration. The more lenient approval process does have some eligibility requirements, such as documentation of “certain credit impairments” and economic hardship. Call me to […]

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Home Buyers May Face Delayed or Canceled Loans from Pre-Closing

Source: The New York Times   Home buyers may face an unexpected delay or cancellation of their loan if subsequent financial activity raises any red flags for lenders, especially since Fannie Mae now requires a borrower’s credit to be rechecked right before closing a mortgage.   Borrowers are advised to keep their credit picture in […]

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Weekly Economic Update

    June 19, 2013 Last Week in Review  Bank of America Economic Outlook   Table Source: Mortgage Success Source There was some good news for the labor sector as Weekly Initial Claims fell in the latest week to 334,000. This was below expectations and the lowest level since early May. The 4-week moving average, which evens out […]

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Why you Missed the Boat on Record-low Mortgage Rates

Source: CNNMoney/AOL Real Estate Borrowers who didn’t take advantage of the historically low interest rates likely have missed the opportunity to purchase or refinance using an ultra-low mortgage rate. In the past month, rates have been on the rise and are expected to continue to climb. Fannie Mae’s chief economist doesn’t believe mortgage rates will […]

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