If You Don’t Buy a House Now, You’re Stupid or Broke

Published in December 12th, 2009
Posted by paulcauthen in Real Estate, Housing economy
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http://www.businessweek.com/lifestyle/content/dec2009/bw2009127_753974.htm
I didn’t say it… Business  Week Magazine did in this article by Mark Roth on December 8th, 2009.  Please take a moment to check out these compelling reasons not to miss out on what many say is the real estate buying opportunity of a lifetime. 
If you want to live in Oceanside, Carlsbad Vista, San Marcos, Encinitas […]

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North San Diego County Housing Sales Statistics October 2009

Published in November 18th, 2009
Posted by paulcauthen in Real Estate, Housing economy
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(Translations?)
Once again, an opportunity to see what the statistics are.  For the full report go to http://www.nsdcar.com/homedex/current_homedex/current_homedex.pdf  Easy to read charts and graphs.  Keep in mind when reading about median price decreases the market is very bottom heavy.  Information courtesy of HomeDex provided to NSDCAR members.
HomeDex™ Key Points
October 2009 Data
1. The median price for all […]

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FHA 203K rehab loans made simple. Fixers for 3.5% down.

Published in July 15th, 2009
Posted by paulcauthen in Real Estate, Housing economy, loans/finance
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Real estate markets are always changing and so are the  way homes are financed.  The FHA 203k program has been around for years but in our local market Oceanside, Vista, San Marcos, Encinitas and Carlsbad it hasn’t been used in years because the maximum loan limit was too low for local prices.  Now with a […]

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CAR Mortgage Workout Information Sends Homeowners In the Right Direction

Published in April 16th, 2009
Posted by paulcauthen in Real Estate, Housing economy, Loan Modification
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Homeowners wondering about the myriad of mortgage workout programs can access information about assistance available through various lenders and government agencies at the California Association of Realtors website.   Homeowners should have tax returns, bank statements and an income expense statement ready before calling.  Information and assistance is available for free so beware of companies or […]

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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 […]

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San Diego Foreclosure Update

Published in March 19th, 2009
Posted by paulcauthen in Uncategorized, Real Estate, Housing economy, Foreclosure Update, Home Selling Secrets
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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 […]

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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 […]

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Greenspan predicts housing bottom in 2009…or something.

Published in August 13th, 2008
Posted by paulcauthen in Housing economy
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Allan Greenspan is predicting a bottom to the current housing crisis sometime in 2009. Click here to read the sage remarks by the guru of ruinous economic policy. As the steward of national economic well being his policies led directly to the situation we are living with at this moment in time. […]

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San Diego County Economic Profile June 2008

Published in June 24th, 2008
Posted by paulcauthen in Housing economy
2 Comments

Lies! Damn lies and statistics as Mark Twain once exclaimed. Now with the California Association of Realtors June 2008 Economic profile you too can be an expert when you opine about our economic future.
These statistics reveal the strength and weakness in a wide range of economic data related to the real estate market, employment and […]

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Bear Stearns’ Bailout numbers are huge….really huge.

Published in May 13th, 2008
Posted by paulcauthen in Housing economy
1 Comment

If you are like most of us the recent bail out of Bear Stearns’ was just a passing blip in the never ending river of talking head blather and hype… most of it BS… about real estate, finance and investing. However, a closer look at the magnitude of exposure Bear Stearns’ has in derivatives gives […]

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