First Time Buyers Archives -

Worrying about a pending housing crash? A recent report by CoreLogic revealed that U.S. home values appreciated by more than 37% over the last five years. Some are concerned that this is evidence we may be on the verge of another housing “boom & bust” or housing crash like the one we in San Diego

Slower Closings Coming

August 15, 2015

Buying, Carlsbad, First Time Buyers

We are warning our San Diego real estate clients that slower closings coming soon. This fall, the Consumer Financial Protection Bureau (CFPB) begins requiring banks to provide consumers with a longer window in which to review loan documentation. The new rule, potentially in effect October 3, 2015, can push closing for San Diego home sales by as

Impact of Rising Interest Rates in San Diego

July 10, 2013

Featured Blog Posts, First Time Buyers, Market Trends, Tips for Buyers

by Selena Cowell How does the rise in interest rates impact home affordability in San Diego? Interest rates in San Diego are still historically low, but both the Federal Reserve and Ben Bernanke have pretty much signaled the end to the Bar of Insanely Low Mortgage Rates. The Fed is about to reduce its program

Insider Trading in San Diego Real Estate

May 27, 2013

Featured Blog Posts, First Time Buyers, Tips for Buyers

by Roberta Murphy Insider Trading?* When trying to determine what to offer on a parcel of San Diego real estate, it would sure be helpful to know not the history of prior sales, but accepted prices of pending sales. You see, just about any real estate agent or Zillow or Trulia can give you recorded

A Note from Our San Marcos Home Buyers

December 27, 2012

First Time Buyers, San Marcos

Our wonderful San Marcos Home Buyers: He was a teacher in Imperial Beach, and she a school counselor in Riverside County. They were newlyweds, first time home buyers and neither wanted to give up their respective jobs. San Marcos, CA turned out to be a perfect midpoint with the added bonus of a newer subdivision

6 Tax Tips for San Diego Homeowners

December 12, 2012

First Time Buyers, Tips for Buyers

This infographic offers six quick tax tips for homeowners–and once again points out the income tax advantages offered for home ownership in San Diego. And in spite of rumbling to the contrary, there are still some hefty tax savings that can be had by owning one’s own home.

San Diego Real Estate Market is Red Hot

April 28, 2012

First Time Buyers, Tips for Buyers

Bidding Wars for San Diego Homes? Advising buyers to take objective and athletic stance.

Warning to San Diego Home Buyers and Sellers

November 14, 2011

First Time Buyers, Tips for Buyers, Tips for Sellers

10 Dangers of Dealing with Poorly Trained Agents by Kim Reid Warning :Selling or buying a San Diego home can be one of the biggest transactions you ever make in your life. That fact alone makes having a qualified and knowledgeable real estate agent critically important. However, many are tempted to deal with the less trained, hoping

Government Loans Rock in San Diego

September 28, 2011

First Time Buyers, Tips for Buyers

Conventional Versus Government Loans in San Diego by Mark Murphy Many of the problems in San Diego real estate were caused by lending excesses in the past, when almost anyone could get a mortgage and few buyers bothered to investigate the mortgages they were getting. Those excesses have resulted in fewer loan types being available

San Diego Real Estate Buyers Win Again

November 5, 2009

First Time Buyers

2 Comments

It’s official: The $8000 first time homebuyers income tax credit has been extended by Congress — and (hallelujah!) buyers who have owned their homes for at least five years may be eligible for a $6500 tax credit for move-up purchases. President Obama is expected to sign it into law in the next day or so.