Stephanie Nisan - Realtor Maureen and I were actually introduced through a mutual friend over our love of dog rescue. I run a non-profit call The Animal Pad and an all breed animal dog rescue and Maureen became our volunteer director. Professionally, I am not a big fan of lenders and I decided, okay, I’ll give Maureen a shot and took one … [Read more...]
Lunch N Learn Radio Interview
Eran Sinai: Happy Wednesday everyone! Eran Sinai here; Consumer Guardian Law, Lunch N Learn Radio. You can listen to us. You should be listening to us, especially today. ESPN 1700 a.m. or watch us live, and you do wanna watch us today. I’m telling you, lunchNlearnradio.com. I have here two great people, good old friend, I mean she is … [Read more...]
Pending Home Sales on the Rise
This just in: pending home sales rose in February, according to the Pending Home Sales Index (PHSI), a forward-looking indicator of housing market activity based on contract signings. Pending home sales rose 3.5% to 109.1 in February from a downwardly revised 105.4 in January, and is now 0.7% above February 2015 (108.3). Although the index has now … [Read more...]
Consumer Preference: Single-Family Suburban Homes
Recent survey findings call to attention the glaring need for more supply of single-family homes. Eighty-five percent of current homeowners and 75 percent of renters said they would purchase a single-family home, while only 15 percent of homeowners and 21 percent of renters said that would buy in an urban area. Location matters “The American Dream … [Read more...]
Millennials and the Housing Market
A lot has been said about the millennial generation and the housing market. CoreLogic recently finished a two-part series in which they looked into younger buyers and first time homebuyers and their habits. In addition, the National Association of Realtors recently published their results for Home Buyer and Seller Generational Trends survey. Their … [Read more...]
The Drop of Housing
We are well into February and starting to see a seasonal housing drop. We’re experiencing the lowest levels in three months, shedding light on the limit of gains possible within residential real estate in early 2016. Housing saw a drop of 3.8% (1.1 million), down from 1.14 million the month prior. Like most things in real estate, there are many … [Read more...]
San Diego Interest Rates
On Thursday the National Association of Realtors said the share of first-time buyers is at the second lowest level in over 30 years. The 2015 Profile of Home Buyers and Sellers reveals a home buying market driven by repeat buyers within two income households. Historically, first-time buyers constitute nearly 40 percent share of primary home … [Read more...]
Housing Market Improvement
Positive Growth of Home Prices in August The steadily rising pace of home prices in August since the same time last year is a sure sign that the housing market is improving, in spite of an overall slowdown in our economy. The Standard & Poor’s/Case-Shiller 20-city home price index rose 5.1% in the 12 months ending in August, according to … [Read more...]
San Diego Refinancing Options
Application Volume Up, Down, Up, Down... The results are in: the Mortgage Bankers Association said today that applications during the week of October 23rd decreased by roughly 3.5% – adjusting seasonally from the previous week. Granted the accounted for data increased 7% on an unadjusted basis, taking into account for Columbus Day. While this … [Read more...]
Increase in Construction May Mean More Inventory for Buyers in San Diego
The impact that public and private sector construction spending has on moving the lending needle is obvious, but the strength of what has been and what will be is even more relevant in times like now. With that being said, construction spending posted a modest increase in July rising 0.7% from the revised June estimate of $1,075.9 billion to a … [Read more...]
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