Southbay Homeownership Resource Fair

Looking to purchase a home?

Want to make improvements to your current residence?

Having trouble making mortgage payments?

Visit the free South Bay Homeownership Resource Fair at Chula Vista City Hall, 276 Fourth Avenue on Saturday, October 29. The event, scheduled from 10 a.m. to 2 p.m., is sponsored by the Pacific Southwest Association of Realtors (PSAR) and the Housing Opportunities Collaborative (HOC).

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Pending Home Sales Decreases by 4.6%

The number of contracts to purchase previously owned U.S. homes unexpectedly fell in September as lower prices and borrowing costs failed to support demand.
http://www.bloomberg.com/news/2011-10-27/pending-sales-of-u-s-existing-homes-unexpectedly-falls-4-6-on-demand-ebb.html

The 4.6 percent decrease in the index of pending home sales, the biggest since April, followed a 1.2 percent drop the previous month, the National Association of Realtors said today in Washington. Economists forecast a 0.4 percent gain, according to the median of 38 estimates in a Bloomberg News survey.

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US announces help for underwater homeowners

http://bottomline.msnbc.msn.com/_news/2011/10/24/8465654-us-announces-help-for-underwater-homeowners?GT1=43001

A leading housing regulator on Monday announced changes to a government refinancing program that could help up to one million homeowners of the estimated 11 million whose homes are worth less than their mortgage.

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New Facebook app features Q-and-A with real estate agents

Source

RealtyBaron, an auction-based property search site that also offers agent referrals, has launched an application for the social networking site Facebook, the site announced this week.

Called “Real Estate Answers,” the app allows users to ask real estate questions, get answers from local agents, and publish questions to their news feed. According to the site, the three most common questions consumers ask about their local market are:

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Finding An Eastlake Real Estate Agent

Whenever you buy or sell real estate, you may be like millions of other people out there, in thinking that you don’t need a real estate agent.

Many people who buy or sell homes, generally think that a real estate agent is a waste of money.  Those who choose to buy a new home, think that real estate agents only add to the cost of purchasing the home.

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The Inside Story of the San Diego & Eastlake Real Estate Market

“If I had only sold a few years earlier, I would’ve made a fortune.” A San Diego, California Resident

It was late 2005 and I was attending a real estate meeting at our local real estate investing club in San Diego. The parking lot was full with flashy cars and the crowd was buzzing with excitement.

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Homeowners Slowly Open Wallets For Improvements

SAN DIEGO — People are starting to spend money on their homes again.

Not a lot, but enough that paint store owners, home designers and kitchen refinishers are hopeful that this year represents a turn away from the disastrous depths of the recession last year.

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Have San Diego Home Prices Hit Bottom?

It’s easy to get confused these days when reading the headlines about where housing prices are headed.

Zillow says home prices declined in the first quarter of 2010 by 1 percent quarter-over-quarter and fell 3.8 percent year-over-year. Integrated Asset Services (IAS) sees a rosier picture with national housing prices gaining 1.1 percent in March. The National Association of Realtors (NAR) found 91 out of 152 areas posted gains in median home prices.

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