San Diego Real Estate Tag

Putting a 20% mortgage downpayment is all but dead. For first time buyers, most put down far less than 20% down when purchasing a home. Most buyers make down payments lower than 20% “It’s been my experience that about half of my clients know that there...

California’s housing market’s sales and price have increased in 2016 and 2017. It is forecasted that there will be a slight increase of .8% in existing home sales next year reaching 419,600 units. While the median home price for 2017 has risen to $525,000. ...

The United State Department of Veterans affairs guarantee a type of loan called VA loans. The VA Home Loan Guaranty program protects mortgage lenders against loss, which allows banks to offer reduced rates. There are many reasons why using a VA loan could be beneficial....

First-time homebuyers have a recorded tendency to overpay on their home purchase. A report by the Federal Housing Finance Agency (FHFA) identifies three reasons for overpayment by first-time homebuyers: first-time homebuyers are more eager to purchase than repeat homebuyers; they are less likely to identify mistakes in an appraiser’s report;...