This week, Bank of America and GMAC Mortgage partially lifted their nationwide freeze on foreclosures suggesting that the mortgage issues may be letting-up. Bank of America said it would resume foreclosures in 23 states on October 25th, while GMAC said it would resume foreclosure action on an unspecified number of cases...

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The end of summer also marks the end of the peak real estate season. As we head into the fourth quarter, I look back on a rocky year for San Diego real estate and am hopeful that we have already seen the worst. Recently SDAR held its annual Regional Real Estate Summit and the National Association of REALTORS® Chief Economist Lawrence Yun gave his forecast for the future of real estate, which validated my own...

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Here are a few tips on staging your San Diego home to make it more appealing, and most importantly tips on what will ensure your home is viewed by 90% of Buyers...

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Most trends started in the beginning of the year have continued throughout the year. Strong sales numbers, lower inventory, steady low rates, and an extreme differentiation between markets in different price points. So, as you review the numbers as a whole below, please bear in mind that the entry level market has further differentiated itself from the luxury market right now. The status of each particular market segment depends greatly on the price of homes in that segment...

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What we discovered is that many of the trends we are seeing countywide hold true for East County. For median pricing, this is certainly the case. The current median price for East County is $308,000, up more than $70,000 from the year-to-date median of $236,500. In fact, the improvement in East County’s median is much greater than in the county as a whole...

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Have you been wondering what's been going on in the San Diego real estate market? Sales Numbers Slightly Down: The number of detached homes put into escrow each month has decreased a bit over the high number of sales in March and April. This slowing in July is in accordance with previous seasonal variation and may also be due to...

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A lot of San Diego home buyers and sellers consider title insurance a necessary evil in purchasing property. But, in addition to your health, auto, life, pet, dental, vision, boat, cell phone and motorcycle insurance,it is another policy that you must have. A title insurance policy protects a home owner or property owner from liability due to problems with the owner’s title...

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Last week, I lobbied for some important legislative changes that will affect the real estate market in the years to come. I made a trip to Washington DC, alongside other top SDAR executives, to meet with the California representatives from Congress. The issues we discussed affect not only our REALTOR® members, but anyone looking to buy or sell a home in San Diego...

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Have you been wondering what's been going on in the San Diego real estate market? I've heard a lot of bogus stats, hype and anecdotes. I’d like to present you with the statistics so that you can make your own decisions, rather than depend on the media/herd for advice. The number of detached homes put into escrow each month has been consistently increasing all year...

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As usual, we have a lot going on at the San Diego Association of REALTORS. We just released our February report on housing statistics, which shows signs the market continues its slow, but steady, turn around. Total sales listings continue to out pace last year at this time. Sales for attached units were up 44 percent and detached were up 51 percent from February 2008...

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