Want to be an expert and know all about North San Diego County Real Estate?

Published in March 25th, 2009
Posted by paulcauthen in Real Estate, Housing economy, Foreclosure Update
1 Comment

 It’s for you.
Well here it is in living color courtesy of HomeDex TM as provided by the North San Diego County Association of Realtors TM.  Charts, graphs and statistics in an easy to follow format.
http://www.nsdcar.com/homedex/current_homedex/current_homedex.pdf
In my humble opinion prices look like the Titanic aiming toward the bottom.   However, the other side of the story […]

continue reading.....

San Diego Foreclosure Update

Published in March 19th, 2009
Posted by paulcauthen in Uncategorized, Real Estate, Housing economy, Foreclosure Update, Home Selling Secrets
No Comments

San Diego Foreclosure Update
Yesterday, the Federal Reserve said it would flood our economy with $1.2 trillion by purchasing government bonds and mortgage-related securities in an effort to lower borrowing costs for home mortgages.   The effect was immediate, mortgage interest rates fell today in the 4% range.  So home buyers looking for good deals in the […]

continue reading.....

San Diego Foreclosure Update

Published in November 19th, 2008
Posted by paulcauthen in Uncategorized, Real Estate, Housing economy, Foreclosure Update
8 Comments

San Diego homes sales in October have increased year-over-year basis for the fourth straight month.  Sales have also increased for the third straight month which has not happened for this time of the year since 1992.  Foreclosures continue to represent approximately 50% of the sales.  Despite the steady drum beat of bad national economic and […]

continue reading.....

San Diego Defaults Down 58%

Published in October 25th, 2008
Posted by paulcauthen in Foreclosure Update
3 Comments

Foreclosure Update
The number of notices of default (NOD) dropped by 58% from August 08 to September 08. This drastic decline in NOD reflects the government’s effort to require lenders to work with distressed borrowers. Lenders are offering better terms to existing borrowers to avoid foreclosure. I have seen lenders drop the loan balance […]

continue reading.....

San Diego Foreclosure Update-The Fed Bailout

Published in August 6th, 2008
Posted by paulcauthen in Foreclosure Update
2 Comments

I have to give credit to Ellen Kiss from Del Mar for summarizing the Fed Mortgage Bailout in terms that make it perfectly clear who the beneficiaries of this legislation really are. This is good news if you are an investor or first time buyer in the North San Diego County areas such as Carlsbad, […]

continue reading.....

A Conversation with Bob Durbin, American Hero….About Foreclosure & and Opportunities.

Published in February 10th, 2008
Posted by paulcauthen in Foreclosure Update
No Comments

Paul,
It would seem that the mortgage companies are now intentionally forcing persons out of their homes…..strange as that may sound. After two close together prime rate reductions my daughter’s floating interest rate was just raised to 10% on an under $200,000 note. Another friend living in Las Vegas just received the same news, on a […]

continue reading.....

Market is absorbing foreclosures

Published in February 8th, 2008
Posted by paulcauthen in Foreclosure Update
No Comments

Year end statistics have recently been released by Sandicor the regional multiple listing service for San Diego. A total of 30,500 homes were sold in San Diego County in 2007. Of that number 5200 were foreclosures. These numbers are fairly normal in any market. Even more revealing is that virtually all of the foreclosure listing […]

continue reading.....