What goes up sometimes comes down …
The Case-Shiller data for San Diego real estate price changes makes for an interesting chart. We think the data is more reliable than from the National Association of Realtors - it excludes the effects of remodeling and new construction, taking into account only sales on properties that sold before in essentially the same condition.
If you [...]

Woman chains herself to her house to prevent eviction …
This lady appeared on several news channels last night hoping that the Sherrif did not turn up to evict her.
Unfortunately there is a lot more to this story than meets the eye – watch the video and then click over to our local NBC website and be [...]

A great way to research San Diego real estate markets!
PolicyMap is a fantastic resource which allows users to explore geographic information, visually via maps, charts and tables. The site collects real estate and mortgage information which can be drilled down to mortgage types – such as sub-prime lending and sub type such as "piggy back" loans, 100% [...]

Is there is any chance you can actually qualify for a home loan to purchase a home in San Diego …
… is there actually a bank out there that has the funding.
The answer is YES there is plenty of money for home loans and YES you can qualify.
How so? For the time being our mortgage market has basically [...]

Are you "Locked In" ??
The new reality of the San Diego real estate market has created a whole new meaning to the term “Locked In!”
With the waves of foreclosures and short sales sales hitting many local San Diego neighborhoods, homeowners are faced with negative home equity. They may be able to make thier payments but are literally “locked in” to their home [...]

How Banks and Lenders are devaluing neighborhoods ..
San Diego foreclosures (there were 1,979 in August alone in San Diego County) are a feature of the landscape and usually not very pretty – I’m refering to the "brown lawn" syndrome.
Some Lenders are responsible and proactive, but the photo to the right of a foreclosure in San [...]

Mortgage resets ~
Many San Diego homeowners were put into loans that reset to higher interest rate – typically 2 to 5 years from the date the homeowner bought the house. The rational from the Mortgage Broker was that the borrower could refinance at a later date at a better rate.
Well guess what – in many [...]

This very disturbing video covers Southern California Inland Empire’s “foreclosure alley”. Homes abandoned with furniture and personal belongings – even huge TV’s and features a team that is sent in to “trash out” all the stuff left behind.
A code enforcement officials sums up the problem in a single sentence – “You know you’re in trouble when [...]

What to do if you are unable to pay your mortgage?
David Cabot, Executive Vice President of Prudential California Realty based here in San Diego, was interviewed on KUSI-TV’s Good Morning San Diego about the current housing situation.
He advised listeners to start by getting an expert negotiator on their side if you need to sell a [...]