SAN DIEGO REALTY SPECIALISTS

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Mortgage Rate Drop

Friday, 10 June 2011 16:28 |

Freddie Mac Reports Mortgage Rate Drop!

Weaker than expected job growth in May pushed both fixed- and adjustable-rate mortgages to new lows for the year, Freddie Mac reported Thursday.

San Diego May RE Report

Tuesday, 07 June 2011 00:51 |

Credit Suis May Real Estate Report for...

San Diego, CA

Housing Bottom Indicator

Monday, 06 June 2011 16:30 |

Housing Price Bottom Indicator.

“If you want a real measure of when housing bottoms, rather than watching for rapid job growth, watch the banks,” Radar Logic says.

San Diego County Short Sales

Wednesday, 01 June 2011 08:00 |

San Diego County Short Sales

In the last 12 months approximately 57% of all attached home sales and 39% of all detached home sales were either Bank Owned (REO) or Short Sales.

Home Sales

Wednesday, 29 July 2009 23:01 |

Home Sales

It's the beginning of Summer 2011 and the Real Estate Market in San Diego County is very active. Activity however does not mean that the "Bottom" is near. Real Estate prices are expected to continue downward for some time. However the mortgage rate is expected to increase during this time. Looking at monthly payments, now may be the best time to purchase. An increase of one percentage point in interest is equivalent to about 17 percent reduction in price to keep the same payment. The best deals are often in the Summer months when inventory increases. Conventional, FHA, and VA mortgages are available to buyers with good credit.