Tag Archives: foreclosures

San Diego County Foreclosures Down in 2014

Good news on the foreclosure rate front for San Diego County!

housing market forecastHere are the details on foreclosures in San Diego County this past year, based on a San Diego Union-Tribune article Continue reading

Lowest Amount of Foreclosures Since the Great Recession

The rate of foreclosures goes down

foreclosureNow at the lowest point since the Great Recession, foreclosures in the San Diego County region were only at 121 properties last month (September 2014) Continue reading

San Diego County’s Foreclosures Still Low

foreclosuresDuring the month of July, both foreclosures and default notices in San Diego County remained low.

According to CoreLogic DataQuick, 139 properties were repossessed in the county in July, which is down from the 153 a year ago. And 446 default notices were filed in July; fewer than the 516 in July 2013. Continue reading

San Diego Foreclosures Declined in May

foreclosureForeclosures are on their way down in San Diego County, as of last reports from DataQuick. Both default notices and foreclosures have continued to decrease in May according to the real estate tracker DataQuick. Continue reading

Foreclosures down from last year

real estate marketAccording to DataQuick, in the San Diego Union Tribune’s article “Foreclosures stay low in San Diego”, foreclosures are down a significant amount from this time last year Continue reading

Foreclosures drop in San Diego county

Foreclosures are low because of home price appreciation.

understanding foreclosuresAccording to U-T San Diego, “Large gains in annual home price appreciation have continued to help keep the number of foreclosures in San Diego County at pre-Great Recession levels.”

Per DataQuick, within the month of February 2014, 141 properties were repossessed by banks in San Diego county — which is down from the 252 foreclosures a year ago. It’s also the lowest amount of February foreclosures since 2006 (when only 40 properties were repossessed by banks). Continue reading

Happy New Year 2014!! Ringing in the NEW and extending the OLD….

Will the Federal Mortgage Debt Relief Act be extended for another year in 2014?

Yes. The Mortgage Debt Relief Act (MDR) will be extended. The National Association of Realtors (NAR) is working with the lawmakers to get the MDR extended for at least another year. Here are the details for you: Continue reading

Buyer demand continues into October

first-time-home-buyer

An analysis of listings data released by Realtor.com suggests that homes continued to turn over quickly in October, in defiance of seasonal patterns and in spite of price increases driven by inventory shortages in many markets.

The 1.9 million homes listed on realtor.com during October had been on the market for 94 days on average — up slightly from 93 days in September, but down 11.3 percent from a year ago, indicating demand for housing remains strong. Realtor.com rival Zillow reported a similar trend. Continue reading