Buyers could use rental income without a

Buyers could use rental income without a rental agreement to get approved. Click to find out how… http://ow.ly/gt8s30f8FbQ

Look Who’s Back! Recent data shows retu

Look Who’s Back! Recent data shows return of female #homebuyer. 15% of #buyers were single #females in 2016. #homes http://ow.ly/i/ijPCq

Top 10 Common Home Repair Cost Estimates

Top 10 Common Home Repair Cost Estimates. Can you afford them? http://ow.ly/KyDu1

5 Mistakes of First Time Buyers (And How

5 Mistakes of First Time Buyers (And How to Avoid Them) http://ow.ly/KrZPG #homebuyers #tips

Open House this Weekend! – Mira Mesa

Visit Open House this weekend! November 23rd from 2:00 to 5:00

8530 Calle Morelos, San Diego, CA 92126 (click on address to view detailed flyer) – map it here 

$499,000 – $519,0008530 Calle Morelos28530 Calle Morelos

  •  4 BR 
  •  2 BA
  • 1,320 sq.ft
  • Built in 19718530 Calle Morelos18530 Calle Morelos3
  • HOA $190/year
  • Single-Family Home
REMODELED! Kitchen has new cabinets with granite countertops and full tile backsplash.

Refinancing your home.

Should You Refinance? Make Sure the Timing is Right

Deciding whether or not you should refinance depends on your personal financial situation. If interest rates are lower today than they were when you first took out your mortgage, refinancing makes sense. Or, if you bought your home with an adjustable rate mortgage (ARM) and are now afraid that any movement in interest rates may cause your mortgage cost to go up, you should consider a refinance.

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Rent or Buy?

SHOULD YOU BUY OR RENT?

Homes-for-rent-in-Spring-TexasThe first step is to understand the arguments in favor of buying and renting. To calculate whether buying or renting makes more sense financially, you need to have a sense of your monthly costs in each case, including rent, mortgage payments, taxes, insurance and other related expenses that may apply to each option—as well as whether you would be more likely to spend or invest any savings from renting.

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Open House this Sun, Oct 26 – Sorrento Valley

Open House! Sunday, October 26th from 2:00 to 5:30 pm at:

10915 Jasmine Crest Lane, San Diego, CA 92121 (click on address to view detailed flyer) – map it here 

$829,000 – $849,000

  • 140054996-7 140054996140054996-10140054996-184 BR (1 optional)
  • 3 BA
  • 2,893 sq.ft
  • Built in 1998
  • HOA $40/mo
  • Single-Family Home
This home has been lovingly maintained and upgraded by the original owners and features many unique details. Continue reading

Renters Unaware Rental Payments Regularly Reported to Credit Bureaus

Survey: Only Half of U.S. Consumers Realize Rental Payments Can Be Regularly Reported to Credit Bureaus

Renters Are Confused About What Payments Impact Their Credit Standing

rentingNearly half (48 percent) of renters mistakenly believe rental payments are automatically reported to credit bureaus. The survey findings reveal widespread confusion about which payments are included in a consumer’s credit history. A majority wrongly believe payments for cable and internet fees (53 percent), utility fees (54 percent) and cell phone bills (52 percent) are regularly reported to credit bureaus. At the same time, less than a third (29 percent) correctly identified mortgage payments as data that is regularly reported to credit bureaus.

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5 Things Summer Sellers Need

5 Things Summer Sellers Need to Hear Before Listing Their House

In the hot summer months, when home inventory is low and demand is soaring, your sellers may think that their home will move in mere minutes—and at a price that defies even the loftiest expectations. Let’s face it. These dreams of big prices and warp speed sales can spell disaster—and major disappointment—for you and your clients.

Don’t worry! You’re not doomed to this fate. With a few smart, premeditated steps—and the help of a savvy agent—it’s easy to head-off seller miseducation and common misconceptions. Here are five simple must-know facts and tips that your sellers need to know before their home hits the market this summer.

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Real Estate Consumer Q & A

8 ways to tick off your real-estate agent

Being a thorn in your agent’s side could undermine your house hunt. If you want a friendly relationship with your agent, here’s what you shouldn’t do

Your real-estate agent may stand to make a nice commission off you, but that’s no reason to take him for granted. After all, the agent is working for you ­— as in, on your behalf. If inspired, he can think creatively and act quickly — for you. He can negotiate wisely and fiercely — for you.

Or not. Your choice.

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The Importance of Asset Titling in Estate Planning

Asset titling is one of the most important — and often overlooked aspects of an estate plan. The manner in which an asset is titled determines how it can be disposed of during your lifetime and who receives it upon your death. 

Why is asset titling so important?

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Invest Like a Woman

Who is better at investing – men or women? Power struggle

The data may surprise you. Academic studies show that women tend to trade, or buy or sell investments, less frequently than men, and as a result generate better investment returns. Continue reading

Realtor.com® Survey: 13% of Consumers Ready to Buy a Luxury Home

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In a new survey, realtor.com® uncovered the priorities, buying motivations and expectations of transaction-ready luxury homebuyers. According to the survey, 13% of respondents said they’re ready to buy a luxury home and another 26% are considering a high-end home purchase.  

Percentages of surveyed consumers currently considering a luxury home purchase:

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5 Awesomely Easy Landscaping Projects

5 Awesomely Easy Landscaping Projects http://ow.ly/wVA6w

Your Home: 7 Landscaping Mistakes

Your Home: 7 Landscaping Mistakes That Wreck Curb Appeal http://ow.ly/wSR2y

Coming Soon: 728 Castro St

Coming soon! 728 Castro St, Solana Beach, CA 92075

Call for private showings 858-633-7050

Fron SideDrawingWash room

  • Single Family: 2,900 sq ft
  • Year Built: 2006
  • Heating Type: Forced air
  • Last Sold: Feb 2006 for $1,250,000
  • Fron SideWash roomDrawing DiningLot: 6,534 sqft

Beautiful, contemporary home located on a quiet street west of I-5.  rchitect designed and newly built 2006. Professional landscape and hards cape. Conveniently located-walk to shopping, school & library, restaurants, Del Mar Race Track and beach. Area is being developed by new & remodeled homes. Bright, 2 story with 1BR/BA on entry level. Quality finishes throughout, see supplement.

Features
  • Ceiling Fan
  • Fenced Yard
  • Garden
  • Patio
  • Pond
  • Porch
  • Security System
  • Sprinkler System
  • Vaulted Ceiling

Happy Thanksgiving Day!

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Happy Thanksgiving

October Newsletter

In August the seasonally adjusted annual rate of home sales jumped to the highest pace since February 2007, as many buyers made the effort to lock in rates before they rise any further. While rates have ticked down due to the Federal Reserve’s announcement that it would not taper its unconventional asset purchases in September, rates are still likely to slowly rise through the end of the year. Prospective buyers should take advantage of what is still a historically high level of affordability in the housing market before it diminishes. With inventory remaining tight in markets across the country, potential home sellers are still well- positioned to take advantage of the many buyers looking for opportunities and 18 months of year-over-year price increases.

Interest Rates 

interest ratesInterest rates have moderated thanks to the Federal Reserve’s decision to continue its quantitative easing policies. 30-year fixed-rate mortgages are currently 4.32% with 15-year rates at 3.37% and 5-year adjustable rates at 2.63%. While the Fed’s policy announcement has helped rates in the near term, we should expect them to continue to increase as the overall economy improves.

Home Sales

home salesExisting home sales were up 1.7% from July , hitting the highest mark since February 2007. The current annual pace of 5.48 million home sales represents a 13.2% increase over the same month last year and represents the twenty-sixth consecutive month of year-over-year increases. The recent spike in the rate of home sales is likely tied to the rise in interest rates in previous months, which caused buyers concerned about rising rates to get off the sidelines and lock in.

Home Price home price

In August the median existing home price dipped slightly from the previous month to $212,100. Median price was down only 0.7% from July but was up 14.7% from last August. Home prices typically dip later in the year, so the current month- to- month trend is not concerning. However, the year-over-year rises in home prices bode well and will continue to help boost more homeowners out of negative equity positions.

Inventory

inventoryThe number of homes available for sale in August increased slightly but was not enough to keep up with the jump in buyer activity. This brought months’ supply of inventory, which takes into account inventory levels and sales rates, down 3.9% from last month to a current supply of 4.9 months of inventory.