Articles Archive for Year 2008
Its that time again, here are this week’s Bad San Diego MLS photos…
Recently updated kitchen "in need of a little TLC"…
Things that make you go hmmmm… notice the garden hose???
The exit sign telling you which way to run is priceless…
Until next time….
Local government representatives for the San Diego region have a $7.4 billion dollar wish list for 2009. The proposal calls for more than 1,000 projects that will not only improve the San Diego areas infrastructures but also bring along with it almost 96,000 jobs for …
In 37 years Freddie Mac’s 30-year fixed rate mortgage has not been as low as it is now, period. How’d it happen? When the Fed’s cut the federal funds rate down to zero it simultaneously led Freddie Mac’s rate to plunge to 5.17%. Just a …
San Diego homeowners are you struggling making your current mortgage payments? If so the following may be good news to your ears….
The Federal Housing Finance Agency (FHFA) along with Hope Now, Fannie Mae and Freddie Mac have launched together a formal plan of attack for mortgage …
The stats are out and this past November 2008 Southern Californian median home prices dropped 35 percent! MDA DataQuick announced that the median home price for both condos and homes dropped to $285,000! That’s a $150,000 reduction from the median price for November 2007. Can …
With all the talk about San Diego’s housing “meltdown” the signs that may point towards a future “cool down” may be easily missed. Below are a few points that have been made recently that provide some hope that a potential “cool down” may be arriving …
The description for the photo below read:
"Large kitchen, perfect for entertaining"
One problem… the listing agent didn’t think to clean up the current tenants "entertaining" remnants prior to snapping a photo to post in the property listing. Perhaps they thought the keg cup, empty cans and bottles gave it an …
If you are a San Diego homebuyer that is interested in buying a home that real estate agents may call a “fixer”, “contractor’s delight”, or “in need of TLC” then FHA’s 203(k) loan program may be just right for you.
This little publicized program has a …
Ever wished you could make your San Diego home Solar Powered but the cost kept you away? Well San Diego homeowners are getting closer to having their “green” wishes granted. Mayor Jerry Sanders has proposed the outline for one of the nation’s most progressive solar …
Government officials are being pushed to produce a plan to tackle the growing number of foreclosures and declining prices of homes across the nation. Using Fannie Mae and Freddie Mac, the Treasury hopes to encourage banks to begin lending at rates that are as low …
Most of you are familiar with our main San Diego Home Search website, but you may not know about our latest addition to our San Diego Home Search websites www.Foreclosed-SanDiego.com.
Many wanted to know where they could find out more information on San Diego Foreclosures and …
The government’s latest attempt to assist the nation’s struggling financial system is their bail out of Citigroup, one of the world’s largest banks. So what’s the price tag on this newest bail out? To start $306 billion in loan guarantees as well as an added …
Just “in time for the holidays”… Fannie Mae and Freddie Mac serviced loans on the verge of foreclosures or evictions will be suspended starting November 26th, 2008 through January 9th, 2009. The six week halt is to allow the servicers additional time to create more …
Prices in San Diego County continued to drop through October making the affordability rate for homes in San Diego the best seen since 1991! San Diego home prices are now at a median of $325,500, it was 2002 when we last saw numbers like that. …
This week the government announced their latest attempt to assist homeowners who are on the brink of sinking into foreclosure. The new plan has already been adopted by Fannie Mae and Freddie Mac, while Citibank, J.P. Morgan Chase, and Bank of America are expected to …
