Category Archives: Real Estate Market

Money Monday: Home prices rising in car-dependent neighborhoods

“Market trends suggest that many homebuyers are prioritizing affordability above walkability.”

“Prices have been rising faster in car-dependent neighborhoods than in walkable neighborhoods since September 2018…” “Home-sale prices in walkable neighborhoods across the country increased 2.3 percent year over year to a median $343,900 in July, compared to 4.3 percent annual growth to a median $312,100 for homes in car-dependent areas.” (Redfin. 29 Aug 2019. Redfin.com/blog/walkable-neighborhoods-home-prices-rising-slower)Read more about this on Redfin.

Money Monday: School districts when buying a home

“Purchasing a home is one of the biggest decisions a person can make during their lifetime…As back to school season approaches, a recent report from the National Association of Realtors highlights the different purchasing and selling habits of Americans, revealing that a significant share root their home purchasing decisions in school district quality.” Read more here at Housing Wire.

I’m curious — did you buy your home based on the school districts?

Open house: Don’t Miss it, a Bay Ocean View Diamond!

Do You Want To Lose Out on This? Seller Motivated!!

View 3572 Moultrie Ave, San Diego in person, today, 9/1/19 from 1-4.

For Sale in San Diego | 3572 Moultrie Ave, San Diego

Fabulous Fully Furnished Home

Call Me For More Info Now! John: 619-890-3648


3572 Moultrie Ave, San Diego | Offered at $949,900

3572 Moultrie Ave, San Diego | listed by John A Silva, Realtor

Fabulous fully furnished home for the Airbnb vacation rental and getaway investor, occupied buyer to just move in.

This nautical-themed beauty has been updated in kitchen and baths plus top of line washer and dryer. Don’t miss out on this coveted area in Bay Park with Bay Ocean views, you are just minutes from the bay and relaxing anticipation. Private patio has incredible nautical themed fire pit to enjoy your favorite beverages in cool evenings with guests & pirate Stories! Space/area converted to playroom. Center island in large spacious kitchen. Relaxing pool & hot tub plus play area for kids or convert to organic garden. Don’t miss this great opportunity.


No matter what price range you are in, CALL ME NOW if you’re interested in buying this property of in San Diego County! John A Silva, 619.890.3648

Money Monday: California Housing Affordability in Q2

An an update on the California real estate market, California’s housing affordability for Q2 2019 is out from the CALIFORNIA ASSOCIATION OF REALTORS.

Here’s the recent real estate market update for California:

Money Monday: Real estate sales and price report for April 2019

The latest report on the California real estate market from the CALIFORNIA ASSOCIATION OF REALTORS

According to CAR.org:

  • The average price for single family home sales was $396,760
  • In April, it took 3 – 4 months to sell a home
  • Sales remained stagnant in April 2019
  • Interest rates delined
  • The state median price reached an all-time high; however the price growth has slowed

More information on CAR.org.

Money Monday: February mortgage rates

Fixed mortgage rates sank to a 10-month low this month.

Photo by 401kcalculator.org

“According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average dropped to 4.41 percent with an average 0.4 point. (Points are fees paid to a lender equal to 1 percent of the loan amount.) It was 4.46 percent a week ago and 4.32 percent a year ago. The 30-year fixed rate hasn’t been this low since early April.”

“The 15-year fixed-rate average fell to 3.84 percent with an average 0.4 point. It was 3.89 percent a week ago and 3.77 percent a year ago. The five-year adjustable-rate average drifted down to 3.91 percent with an average 0.3 point. It was 3.96 percent a week ago and 3.57 percent a year ago.” (Washingtonpost.com. “Mortgage rates tumble to 10-month low.” 7 February 2019.)

Read the rest of Washington Post’s article here.

Money Monday: How to not overpay for a house

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“No buyer wants to pay too much for a house…buyers should know when a property is overpriced and be equipped with strategies to avoid overpaying.” (CNN. “How to avoid overpaying for a home.” www.cnn.com/2019/01/11/success/overpaying-for-a-home)

CNN has practical tips here: “How to avoid overpaying for a home.”