San Diego Real Estate Professionals at eXp Realty

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Short Sales Home Mortgage Defaults

The rate of real estate mortgage defaults has dropped in San Diego County, and nationwide, in April 2010.  Short sales of San Diego homes, successful loan modifications, and an improved outlook for the San Diego real estate market are all contributing factors.  San Diego foreclosures rose slightly during the month, but the number of San […]

San Diego Luxury Home Foreclosures

REO’s and Short Sales In Del Mar, Carmel Valley, La Jolla, Rancho Santa Fe There have been a lot of recent reports that the numbers of foreclosures are rising in the top tiers of the real estate market. This seems to be true in San Diego, where the number of San Diego luxury homes for […]

Advice For Buying San Diego Homes

What You Need to Know to Buy a Home in San Diego CA Now – August 2009 If you are an entry-level or first-time home buyer, it is both a terrific time and a difficult time to purchase a home in San Diego. Here are some tips to help you land a home in the […]

Luxury Homes In Rancho Santa Fe

My recent blog posts have discussed the resurgence of demand and the stabilization of prices of entry-level and mid-level homes in San Diego, CA. This post discusses the market conditions for upper-end San Diego luxury homes and estates. The upper end homes in San Diego are staying on the market longer, and sellers are finding […]

Loan Mods Slow as Foreclosures Rise

With the hundreds of billions of taxpayer dollars that have been poured into the banks in recent months, it seems reasonable to ask whether the money is being used for the intended purposes. One of the big objectives of the Obama Administration has been to encourage the banks to modify loans for homeowners in financial […]

San Diego Pros Discuss Foreclosures

In a recent blog article entitled “It’s the Housing Sector Stupid”, super talented real estate webmaster SEOMack gives editorial analysis of the problems which led to the foreclosure crisis, along with proposed solutions for moving forward into a housing recovery. While I agree with the hypothetical solutions, the root causes of the foreclosure problem were […]

HUGE Demand for San Diego Homes

The competition among San Diego home buyers has become even fiercer in recent weeks. The shortage of homes for sale in San Diego CA is causing major frustration to would-be purchasers of San Diego homes and investment properties. The average time on market for non-short sale properties has effectively dropped to a matter of hours, […]

California Foreclosure Moratorium?

The California Foreclosure Prevention Act went into law on June 15, imposing a partial, temporary, 90-day moratorium on home foreclosures in California. The bill was passed in February, but just took effect this week. The law is intended to encourage lenders to provide mortgage workouts to financially distressed home owners, and was also intended to […]

Distress Over REO’s and Short Sales

San Diego home buyers are sick and tired of the run-around that they are getting from the banks with foreclosure sales and short-sales. The buyer sentiment about these “distress sales”, combined with a low level of inventory of homes for sale in San Diego, has given rise to new hope among prospective home sellers. Bank-owned […]

Rancho Penasquitos Homes Selling

It seems like all we hear in the news is how depressed the real estate market is and how nothing is selling.  I sifted through all of the 68 active listings today in the 92129 Rancho Penasquitos zip code and found just a wee bit over half are distressed sales.  Distressed sales = REOs/Bank owned […]