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San Diego County Home Sales Fall; Median Home Prices Show Increase
Home sales in San Diego County fell by 17.5 percent in December from a year ago, while the median home price in the region increased by 14.8 percent, to $420,000, DataQuick, a San Diego-based real...
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A Short Sale Story: This Could Happen to You
This is the story of Adam Truman and Bob Bowder. Adam and Bob met their first year in college. They hit if off right away thanks to their mutual love of baseball, craft beers, and vintage muscle cars....
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Common Short Sale Myths Dispelled
Thanks to key changes in the program, completing a short sale through Freddie Mac is taking less time than everbefore. The company’s Senior Vice President Tracy Mooney, writing in Freddie Mac’s...
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Foreclosures in San Diego
Foreclosures and default notices in San Diego County edged up in January, but are still hovering around post Great Recession lows.Last month, lenders foreclosed on 149 properties in San Diego County...
View ArticleDistressed resales lower in San Diego
LOS ANGELES — San Diego County’s share of distressed single-family home resales held steady at 4 percent in April, which is among the lowest in the state, according to the California Association of...
View Article3% of SD’s total home sales were distressed in June
San Diego County’s share of distressed property sales held steady at 3 percent in June — one of the lowest reported in the state, according to the California Association of Realtors (CAR).The combined...
View ArticleVirtues of short sale instead of foreclosure
If the only thing standing between you and foreclosure is a short sale, salvation may be just a telephone call away.That’s the message Robert Acuff of Re/Max Services in Blue Bell wants to send...
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Short-sale tax break heads to Obama
Financially strapped homeowners who sold their home this year in a short sale or received a loan modification that includes a principal reduction appear likely to benefit from the same tax break that...
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Tax break for home short sales becomes law again
A bill to extend a key tax break to tens of thousands of homeowners who sold their homes this year for less than they owed is law again for another year.A one-year extension of the Mortgage Debt...
View ArticleEx-RVCA co-owner denies cheating bank on short sale of Costa Mesa home
A former co-owner of surf- and skate-wear brand RVCA pleaded not guilty Monday to charges that he bilked his mortgage lender out of more than a half-million dollars when he lied about not being able to...
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