San Diego Housing Market Update – February 2015
San Diego Houses in 2015 The new year started out rather slow in the San Diego real estate market, but is quickly picking up pace. The number of closed sales of detached houses was up 1.3% in February from a year ago. The number of condominiums that closed escrow in February actually dropped 10.3% from […]
$8,000 Tax Credit. Only 49 Days Left!
Time is running out for your chance to grab a federal tax credit for buying a home in San Diego. Buyers receive $8,000 when they buy a home. To qualify, you may not have owned a home at any time during the past three years. A tax credit of $6,500 is available to home buyers […]
FHA Condo Rules Change (Again)
The clock has been ticking for condo buyers who plan to use an FHA loan to fund their condo purchases. Effective December 7, all condominium complexes will lose FHA approval. New applications for FHA approval must be submitted. Until new approvals are granted by the Federal Housing Administration, no new FHA loans will be available […]
Loans Delay San Diego Home Buying
Don’t miss the $8,000 home buyer tax credit expiring November 30! This has been a hectic couple of weeks in San Diego. First-time home buyers are scrambling to take advantage of the first-time home buyer tax credit that is scheduled to expire on November 30, 2009. But time is getting tight. For all practical purposes, […]
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 […]
$8000 San Diego Home Buyer Credit
On May 29 the Obama administration announced final guidelines to provide first-time home buyers with an $8,000 cash advance that can be used to pay closing costs and part of the down payment for home purchases completed by November 30, 2009. The money is available to qualified buyers who obtain their home mortgage through the […]