Real Estate News

Economical Updates, Real Estate News

On The Brink

Last week we reported that the rate of homeownership remains stagnant. This week we learned of a new survey from the Gallup people that seems to show that could be on the brink of change–maybe even massive change. The survey, conducted among both homeowners and non-homeowners, indicates that more than half of the latter don’t […]
Economical Updates, Real Estate News

Blizzard of Good News

Good housing and economic news fell almost as thick and fast as snow on the East Coast this week. Hard to know where to start digging out. Proceeding chronologically, the first up was another very good Labor Department report announcing the creation of 235,000 new jobs in February. Below the headline number was some especially […]
Economical Updates, Real Estate News

Tough Sledding

Despite taking a dip in December, existing home sales still closed out 2016 as their best year since 2006. The National Association of Realtors (NAR) said that over the 12 months an estimated 5.45 million single-family houses, townhomes, condos, and cooperative apartments changed hands. This was 200,000 more units than sold in all of 2015 […]
Real Estate Activity, Real Estate News

JUST SOLD! 18724 Caminito Pasadero, San Diego 92128

Just Sold this gorgeous 3 bedroom model with loft office/study. Ideal location with privacy & garden views. Open kitchen with granite counter center island off family room with fireplace & lots of kitchen cabinets. Spacious living room with dining adjacent to it. Spacious master suite with walk-in closet, dual vanity & views. Sought after gated […]

Economical Updates On The Brink Last week we reported that the rate of homeownership remains stagnant. This week we learned of a new survey from the Gallup people that seems to show that could be on the brink of change–maybe even massive change. The survey, conducted among both homeowners and non-homeowners, indicates that more than half of the latter don’t […]

Economical Updates Blizzard of Good News Good housing and economic news fell almost as thick and fast as snow on the East Coast this week. Hard to know where to start digging out. Proceeding chronologically, the first up was another very good Labor Department report announcing the creation of 235,000 new jobs in February. Below the headline number was some especially […]

Economical Updates Tough Sledding Despite taking a dip in December, existing home sales still closed out 2016 as their best year since 2006. The National Association of Realtors (NAR) said that over the 12 months an estimated 5.45 million single-family houses, townhomes, condos, and cooperative apartments changed hands. This was 200,000 more units than sold in all of 2015 […]

Real Estate Activity JUST SOLD! 18724 Caminito Pasadero, San Diego 92128 Just Sold this gorgeous 3 bedroom model with loft office/study. Ideal location with privacy & garden views. Open kitchen with granite counter center island off family room with fireplace & lots of kitchen cabinets. Spacious living room with dining adjacent to it. Spacious master suite with walk-in closet, dual vanity & views. Sought after gated […]

Economical Updates Getting a Jump Housing news this week was dominated by construction reports. Well, maybe dominated is too strong a word–there wasn’t much competition. A burst of enthusiasm on the part of homebuilders last month had carried the National Association of Homebuilders (NAHB) Housing Market Index to a 12-year high. NAHB said builder confidence moderated a bit this month; […]

Economical Updates More Than Half-Full Two pieces of news dominated an otherwise slow week. Taking them in order of appearance, last Friday brought a very encouraging Employment Situation Report. Job creation in December was good, if not spectacular at 156,000 new non-farm jobs. There were also revisions to the October and November reports that added a total of 19,000 jobs […]

Real Estate Activity SOLD IN 7 DAYS! 8228 Station Village Ln 1512, San Diego 92108 Gorgeous 3rd floor corner unit with views. Freshly painted interior including baseboards & crown molding. New upgraded carpeting throughout. Private patio balcony off living room. Stainless steel appliances, breakfast nook, granite counters throughout kitchen & plenty of cabinets. Interior laundry room & open living room. Spacious master bedroom & 2nd bedroom. Two full baths with tubs. One […]

Economical Updates Demand for Higher Loan Limits The Employment Situation report for October was a solid one again, with 161,000 new jobs, less than analysts’ consensus of 178, but in the mid-range of their estimates. The unemployment rate fell 0.1% to 4.9%, which Econoday says some consider full employment. Probably the sweetest data nugget however was average hourly earnings. They rose “an outsized” 0.4% […]

Economical Updates The Trump effect. How will it impact the US economy and housing? The American people have spoken and they have elected Donald J. Trump as the 45th president of the United States. Change was clearly demanded, and change is what we will have. The election was a shock for many, especially on the West Coast where we have not been overly affected by the long-term loss in US […]

Real Estate News JUST SOLD! 17738 Villamoura Drive, Poway 92064 Just SOLD this Stoneridge Chateau unit with an open floor plan on the golf course. Single story unit on ground floor. Study room off the living room. Breakfast nook,pantry, interior laundry closet & pass through to dining area. Tiled fireplace with raised hearth in living room, large master bedroom with dual closets & views of golf […]

Real Estate News LISTED AND SOLD IN 1 DAY! 13816 Paseo Cevera, San Diego 92129 Just listed and sold this great home in San Diego! Enjoy the panoramic westerly view toward ocean, watch hot air balloons, from your private backyard with large covered patio. Home is light and bright with flowing floorplan. Kitchen overlooking the backyard, opens to family room with fireplace. Tile floors in kitchen, entry, and family room. […]

Real Estate News JUST LISTED! 1769 Larkhaven Gln, Escondido 92026 Just listed this gorgeous 2 bedroom, 2 bathroom, single story home with upgrades galore. Remodeled kitchen with stainless steel appliances, granite counter tops, reverse osmosis, and tons of storage. Beautiful hardwood floors and plantation shutters in all rooms. The 3rd bedroom has been converted into a media room. Built in storage in extra large garage. Bathrooms […]

Real Estate News JUST CLOSED! 1060 Sunset Heights Escondido, CA 92026 Just closed escorw on this gorgeous house located in a quiet and well maintained neighborhood. The eat-in kitchen has gas range, lots of storage, and opens into the family room, which includes a fireplace. Mountain views from living room. Multiple patios for outdoor entertaining. Extra large 3 car garage with workbench. This house has been well maintained by the […]

Economical Updates Off And Running The spring market, which had pretty much staggered out of the gate, suddenly seems to have hit its stride. The three major sales indexes, existing homes, new homes, and pending sales, were all released this week and while all were strong, new home sales and pending sales were pretty spectacular. New home sales, which had disappointed in […]

Real Estate Activity JUST CLOSED! 1031 Santa Queta Solana Beach, CA 92075 Greg Timms Fine Home and Estates Just closed on this beautiful 3 bedroom with option for a 4th bedrooms, 3 bathroom, 1,608 square foot single story home in Solana Beach that is light and bright! This home features beautiful in-laid hard wood flooring of unstained white oak in the French Parquet pattern. Crown molding, and designer casing throughout. […]

Economical Updates Ball’s Back in Fed’s Court The big news in a week that didn’t have much of it was the Department of Labor’s Employment Situation Report, the latest of a recent flurry of data showing growing softness in the economy. There were 160,000 new jobs created in April (analysts were expecting 200,000), compared to 208,000 in March. Further, the participation rate, […]

Economical Updates The T & I of PITI Dealing with apples and oranges might be easier but CoreLogic still recently attempted to compare property tax rates across the U.S. The variations might be more numerous than states with multiple taxing authorities, different assessment formulas and exemptions for elderly, disabled, veterans, and so forth, but the company has come up with estimates for median […]

Economical Updates Seasonally Strange It’s been a weird spring. The weather has been decent in much of the country (except Texas, of course) yet builders are not taking advantage of it and the usually hot spring market so far is sort of tepid. Inventories are being blamed and that may be true for existing/resale houses. We aren’t sure what […]

Real Estate News JUST SOLD! 12211 San Tomas Place, San Diego 92128 Just SOLD this 2 bedroom, 2 bathroom home in a 55+ community that's beautifully maintained and updated and located on a quite street. This home was completely move in ready! Great curb appeal with inviting porch swing. Open floor plan, neutral paint colors. Pop corn ceilings removed and a new roof put on in 2015. The kitchen has granite […]

Economical Updates Buyer’s Must-Haves The National Association of Home Builders released their new survey of homebuyer preferences. The focus was on baby boomers but they reported that a lot of choices held true across all generations. The younger generations – Millennials and Gen Xers were more likely to want larger homes overall and prefer four bedrooms to three. But they as […]