Keep your Eye on the Market

The national average number of years someone should stay in their home to make financial sense over renting is 1 year and 11 months as of the end of 2016. This is 1 month longer than in 2015 and continues to lengthen. In California, this...

See below for a mortgage rate update as of 5/8/17. Please contact me for a custom rate, as rates change often and vary from person to person. ...

While flipping increased nationally, the number of homes and condominiums flipped in California decreased in 2015. A recent report on 2016 housing trends now suggests home flipping may be gaining traction again in California.  The nation saw a 3.1% increase in flipped residences. These flipped residences are defined as a property...

San Diego Homes Price Per Sq. Foot The price per sq. foot in San Diego has steadily been on the rise over the last year. San Diego home values have gone up 5.6% over the past year. The median list price per square foot in San Diego...

In San Diego North County Coastal, the Average Days on Market trend is falling, while the Sold/Original List Price has remained steady. March 2017 is a Seller's market, which means less than 3 months of inventory based on closed sales. Homes for sale have risen 6.2%...

As the 2008 recession hit the housing market hard, San Diego County is continuing a steady recovery. Per capita income is expected to rise with increases in job numbers. This brings hope to the county’s housing market, as a complete jobs recovery will bring strength...

Homebuyers should be advised that a large enough down-payment can reduce monthly costs by avoiding mortgage insurance coverage. Mortgage insurance premiums (MIPs) and private mortgage insurance (PMIs) are exceeding 80% on loan-to-value ratios. Check out the article below for some useful information on this topic. Default...

California’s population grew at a rate of 0.7% in 2016.  It is still moving in a positive direction, but this continues a downward trend in growth rate from the year prior. The annual rate of population growth tends to be closer to 1%. Steady population growth...