SAN DIEGO IS THE SECOND-HOTTEST HOUSING MARKET According to a new report released by Christie’s International Real Estate, San Diego is the second-hottest primary housing market in the world! After a year of tepid growth in 2016, sales of
After a year of tepid growth in 2016, sales of international luxury homes bounced back in 2017, posting the best annual growth rate in three years at 11 percent. San Diego was the second-hottest primary market in 2017, according to
Lawmakers in the House and Senate passed tax reform legislation today, paving the way for the bill to go to President Donald Trump for his signature. The President has said he intends to sign the bill by Christmas. NAR
The typical San Diego County home seller made $125,000 on the sale of their home last year. But the payout, during a time of increasing prices throughout the nation, was a lower percentage than more than a dozen major
• Home prices forecast to rise 4.7 percent over the next year. • Prices in 27 states have risen above the pre-crisis peaks. • Adjusting for inflation, home prices are still 19.3 percent below their peak. National home prices
Low mortgage rates, job growth, and an improving consumer optimism have all supported the recovery in home sales during the last few years. Both sales of newly built as well as previously owned homes are up, with the growth
About 10-13 Percent of Appraisals are Below Pre-Closing Contract Price According to newly released 2015 Home Mortgage Disclosure Act (HMDA) data, collateral was the third most-frequently cited reason for denials of mortgage loan applications, or 13.7 percent on first-lien
Home prices forecast to rise 5.2 percent over the next year. The highest appreciation was in the West, with Oregon and Washington growing by double digits in September. After adjusting for inflation, home prices are still 19.1 percent below
Volatility has roiled the U.S. and global financial markets for some time. June’s Brexit vote, for example, was the most volatile day in the history of foreign exchange markets. Likewise, the huge influx of foreign capital drove longer-dated Treasury
When demand is high and supply is low, home-bidding wars can break out and push home sale prices above their listing prices. In some of the hottest housing markets buyers are bidding against each other to pay more for