Archive for the ‘Housing economy’ Category

San Diego Foreclosure Update

Wednesday, November 19th, 2008

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 ...

Greenspan predicts housing bottom in 2009…or something.

Wednesday, August 13th, 2008

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 ...

San Diego County Economic Profile June 2008

Tuesday, June 24th, 2008

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 ...

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

Tuesday, May 13th, 2008

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 ...

North San Diego Home Prices For Jan. 2008 And 12 Month Report 02/14/2008

Thursday, February 14th, 2008

The following information was reported from HomeDex for the month of January 2008. · The median price for all homes in North San Diego County – single-family detached and single- family attached – declined to $480,000 in January 2008 from $485,000 in December 2007. · The median-priced single-family detached (SFD) home in North San ...

Friday, January 18th, 2008

    Friday, January 11, 2008 Lower those rates! Jan. 11, 2008 If economic activity slows enough to see 5% or lower rates for a 30 year fixed loan the housing market may find new wind by this spring. The affordability index for many areas of ...