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September 2008 - Posts

Rents Climb In Vacancy Squeeze Tied To Foreclosures…
Apartment rents in San Diego County increased 2.49 percent in the last six months while vacancies decreased 1.38 percentage points as homeowners lost their properties to foreclosures and renters found themselves unable to buy. MarketPointe Realty Advisors Read More...
30-Year Mortgage Rates Rise The Week Ending 09/26…
30-Year Rates at 6.09% Freddie Mac's Primary Mortgage Market Survey, shows the 30-year fixed-rate mortgage rose to an average of 6.09 percent this week, with an average 0.7 point. Rates are up from last week when they averaged 5.78 percent, but are Read More...
University Heights Community Plan Update Meeting Reminder…
This meeting will focus on discussion surrounding the topic of the redevelopment of the Washington Street promenade! This project will cover Washington Street from approximately 8th Street up to Normal Street. The Washington Street Promenade project will Read More...
August 2008 Real Estate Sales Infomation For San Diego County...
Total Number of Sales Closed in August 2008 Ø August 08 had 2,469 closed sales or 82 closings per day Ø July 08 had 2,625 closed sales or 88 closings per day Ø August 08 sales were down in comparison to July 08 sales Detached Properties/Single Read More...
Tips To Help Boost Your Credit Score…
It is a three-digit score that can shape your financial future. It can impact your plan to buy a new car or qualify for a reasonable mortgage loan to buy the home of your dreams. Your credit score is a determining factor in whether you obtain financing Read More...
Proposed Treasury Authority to Purchase Troubled Assets…
The Treasury Department has submitted legislation to the Congress requesting authority to purchase troubled assets from financial institutions in order to promote market stability and help protect American families and the US economy. This program is Read More...
30-Year Mortgage Rates Reach 7-Month Low...
For the week ending September 19 th (last week) Freddie Mac reported a decline in the 30-year fixed mortgage rate to 5.78 percent. This rate is down from 5.93 percent the prior week, marking the lowest level in seven months. During the same period, the Read More...
California Home Sales Surge As Prices Plummet…
Home sales in California surged 13.6 percent in August as a flood of foreclosures tugged down prices. Recent figures released by MDA DataQuick showed 37,988 new and preowned homes were sold statewide last month, up 13.6 percent from August 2007 but down Read More...
Scripps Miramar Zip Code Named One Of The Fastest Selling ZIP Codes In The Nation…
Altos Research, which tracks real estate data all over the country, identified the below ZIP codes in which homes for sale spent the fewest days on the market. In cases where communities of relatively fast-selling real estate were clustered, the best Read More...
Mortgage Rates Take Dramatic Dive Below 6%!
For the first time since early spring, mortgage rates have fallen below the 6-percent threshold! Listed below are rates as of Monday, September 15 th : CONFORMING LOAN INTEREST RATES FOR LOANS UP TO $417,000 1 year ago 30 FIXED 5.5 6.52 15 FIXED 5.375 Read More...
Spectacular Spanish On Desirable Panorama Dr! Open House - Public Welcome..
September 2008 Su Mo Tu We Th Fr Sa 31 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 Public Welcome! Brokers's Open House Tues, Sept 16th btwn 10a.m. - 1 p.m. 4751 Panorama Drive is located Read More...
Consumer Reports Posts Mixed Reviews About Tankless Water Heaters…
Heating water accounts for up to 30 percent of the average home's energy budget. Some makers of gas-fired tankless water heaters claim their products can cut your energy costs up to half over regular storage heaters. According to a recent Consumer Read More...
Large Population Boom Will Continue To Drive Need For Housing...
When the Census Bureau released population projections last month, more attention was paid to the country's changing racial composition than to the massive scope of the increase. What's clear is that the latest numbers will inevitably continue Read More...
Historic “Log Cabin House” in University Heights To Get Facelift…
Things are looking up for University Heights residents concerned about the condition of a 100-year-old residence located in North Avenue, dubbed the “Log Cabin House” because of its distinctive exterior. Los Angeles resident Dan Ramirez bought Read More...