Category Archives: Real Estate Market

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

money

“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.”

For Sale in San Diego | Fabulous Super Clean Home: NEW PRICE

5233 Javier St | San Diego, CA 92117

Offered at $625,000

Fabulous Super Clean Home: NEW PRICE!

Just Move in! Drought resistant front & private backyard is desert garden ready on extra-large lot. Newer beautiful floors, kitchen, & baths. Redone plumbing, electrical through out & gorgeous wood beam ceilings make this BEST BUY!! Extra large space for RV, boat, or rent it out! Big garage with work bench, shelves, cabinets, & storage, plus extra storage inside including two pantries. Walk to elementary & high schools; minutes to beaches, restaurants, SDSU. EZ freeway access.

No matter what price range you are in, CALL ME NOW for a FREE evaluation of how your home can be marketed and SOLD NOW for top dollar!  619.890.3648

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Must Read if You’re Now Thinking About Selling Your House

This quick read from House Logic has 4 major points when making the decision to sell your home or rental. Read it here:www.houselogic.com/sell/how-much-is-my-home-worth

Even though it is the holidays, wouldnt it make sense to get a leg up on the competition by starting now? Tailoring showings around your holiday schedule is easy when hiring me.

Call me for FREE analysis of your property today!

Thank you

John A Silva, Realtor.
619-890-3648

Money Monday: Should you sell your house with a Realtor or on your own?

Many homeowners decide to sell their home without hiring a Realtor. Does listing your home with a real estate agent or listing it as a For Sale By Owner (FSBO) make more sense?

Well, the CALIFORNIA ASSOCIATION OF REALTORS believes that homesellers going the FSBO route will spend more time trying to make a sale, and end up with a lower selling price than if they had used a real estate agent — and they have some statistics to back them up.

Take a look at their infographic below, and if you are selling and would like a Realtor to do the job for you, give me a call! I’m here to help you get your home sold! John A Silva, (619) 890-3648

reasons to hire a Realtor

This infographic is from the CALIFORNIA ASSOCIATION OF REALTORS.

For sale in San Diego County: Great cosmetic fixer buy in Del Cerro!

5285 Waring Rd | San Diego, CA 92120

Offered at $499,900

5285 Waring Rd, San Diego, CA | real estate home for sale, John A Silva, San Diego real estate agent

Great Buy in Del Cerro/Allied Gardens for buyer who wants cosmetic fixer with NEW ROOF & SOLAR! Buyer with creativity will love this one & can make this into a great home. Extra square footage plus bedroom, bath & family room make this a 3-bedroom, 2-bath (not in tax rolls that exists now). Buyer to satisfy self of all information herein.

No matter what price range you are in, CALL ME NOW for a FREE evaluation of how your home can be marketed and SOLD NOW for top dollar!  619.890.3648

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Money Monday: Tapping into home equity

If you own a home, you might have more home equity to tap into if needed.

This infographic is from CALIFORNIA ASSOCIATION OF REALTORS.

Home listing: Clairemont Area: BEST BUY just Reduced & Ready to Just Move In!!

5233 Javier St | San Diego, CA

Seller will Entertain Offers between $619900 – $639900

5233 Javier St, San Diego CA

REDUCED! Seller To Entertain Offers from $619,900 to $639,900. Just Move in!! Clean & efficient home, drought resistant front yard & desert garden ready in huge back yard. Newer Beautiful floors, Kitchen, Baths, Redone plumbing & electrical through out, wood beam ceilings is BEST BUY!! Extra large space for RV, Boat, or rent it out! Big Garage with work bench, shelves, cabinets, & storage plus extra storage inside including 2 pantries. Close to ALL: restaurants, schools, beaches & easy freeway access!

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No Matter What Price Range You Are In, CALL ME NOW for a FREE Evaluation of how your home can be marketed and SOLD NOW for top dollar!  619.890.3648