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Archives: Real Estate News

La Jolla Real Estate Market Update

La Jolla real estate is booming! The month of April saw a median list price of $3,000,406 for a single family home. Total inventory for the area of La Jolla was 156 homes, with the average home size being 3,664 square feet. The average list price for a home in La Jolla was $4,269,746 and […]

Linda Daniels

San Diego is America’s Top Choice for Relocating!

It’s official. San Diego is America’s favorite city! A new survey issued this week by the American Planning Association says that the city of San Diego is the top choice for people looking to relocate. 1,040 adults, aged 21-65 were polled and asked which top three metro areas would interest them the most as a […]

Linda Daniels

San Diego Homeowners: Could Your Home Sell in Two Months?

What are the chances that your San Diego home would sell in two months or less if you put it on the market today? A new study done by the real estate website Trulia suggests that the chances are high that you would sell your home within 60 days. Homes in San Diego are the […]

Linda Daniels

Luxury Real Estate Market Booming in California

Sales of California luxury homes, those sold for a million dollars or more, rose last year to the highest level in six years. Rising home prices, an improving economy, rising demand and sharp price appreciation were among many factors that contributed to this increase. The high end real estate market saw the strongest gains, with […]

Linda Daniels

San Diego Housing Prices Heat Up

The S&P/Case-Shiller index reveals that housing prices in January posted their biggest gains since 2004. Coming off an autumn lull, San Diego County’s housing market is seeing increased price appreciation. The price index increased 0.6% in January from December, compared to a downslope of 0.1% the previous month. Based on seasonally adjusted figures, January was the […]

Linda Daniels

Real Estate Housing Market Trends for Spring

Despite the fact that the economy in the United States is off to a slightly rocky start in 2014, homebuyers might actually benefit from this. The ever-changing economy has allowed home mortgage rates to hit yearly lows and we are seeing these lows as recently as the first week in March. But just as the […]

Linda Daniels

Buying a Home is 38% Less Expensive Than Renting!

Trulia recently released their Rent vs. Buy Index. In their report, Trulia explains that homeownership is still 38% cheaper than renting in ALL of the 100 largest metro areas! Now that the 30-year fixed interest rate is at 4.5%, buying a home has become 38% less expensive than renting nationally, versus being 44% cheaper a […]

Linda Daniels

Foreclosure and Delinquency Rates at Lowest Level in Six Years

At the end of the fourth quarter of 2013, delinquency rates for home mortgage loans on 1-4 unit properties were at a six-year low. The seasonally adjusted rate of 6.39% of all home mortgage loans outstanding was at the lowest level since 2008, decreasing 2 basis points from the previous quarter and 70 points from […]

Linda Daniels

Metro Area Home Prices and Affordibility

Some leading housing and economic experts are questioning whether the housing momentum we experienced in 2013 began to slow later in the year. Other real estate market experts have claimed the housing market is still trying to find its footing, blaming the housing market slowdown on rising interest rates. The National Association of Realtors (NAR) just […]

Linda Daniels

Home Buying Confidence on the Rise

Home prices are projected to increase in 2014. Although it is expected at a slower pace that last year, consumers seem to be gaining confidence in their ability to buy a home. Fannie Mae’s monthly national consumer survey report provides indicators into the opinions of Americans across the county and let’s us gain insight into consumers’ […]

Linda Daniels