MIA San Diego Foreclosure Properties
Last week the San Diego Association of Realtors hosted their annual regional real estate summit, where National Association of Realtors economist Lawrence Yun was the keynote speaker. Mr. Yun’s address sent mixed signals. He began by saying on the one hand that he thought that the media has overstated the extent of the positive news […]
SanDiego Homes 21.2% Undervalued
Today a San Diego Union Tribune article entitled “Housing Called Undervalued” reported that the median price of all San Diego homes sold in the first quarter of 2009 was $327,300, which is 21.2 percent below historic norms. These statistics were compiled in a recent forecast by Global Insight, a financial analysis firm that has been […]
San Diego Property Tax Reductions
Important Deadline For Lowering Your San Diego Property Taxes Last day to apply for reassessment from the San Diego County Tax Assessor is May 30, 2009 By California Law, owners of San Diego homes and investment properties are entitled to annual reassessment of their property tax values. California Proposition 8 requires the Assessor’s Office to temporarily lower the […]
Overbidding On Houses
It’s hard for many people to believe that in this “down market” there is so much upward pressure on prices. This is not to say that home prices have not come down in the past few years. Nor am I suggesting that there aren’t some incredible bargains available today. But many prospective home buyers call and ask me whether it […]