Home Prices Drop 50 Percent in San Diego

“I’ve heard that real estate prices in San Diego have dropped 50% from their peak couple years ago and I’m ready to buy a home in San Diego at a 50 percent price discount… Can you help me find one?” This is the question I’m often asked today from buyers who want to either relocate or buy an investment property in San Diego. Read more

San Diego Areas Least Affected by Foreclosures

While some of the San Diego real estate communities with the most affordable housing have the highest rate of foreclosed homes in the County, other communities with the least affordable housing have the lowest rate of foreclosures according to a report that was published last week by DataQuick. Read more

San Diego Foreclosures on the Rise

I probably received an excess of 20 phone calls this morning from real estate investors seeking information on available foreclosure homes in San Diego. While I was wondering why everybody was calling regarding REO properties today, later on this afternoon I saw DataQuick’s report that during the first half of 2007 there were 2,896 homes foreclosed in the San Diego County. WOW! Read more

Buying REO Properties (Foreclosures)

So you are ready to purchase a home and one of your options is to purchase a REO or Bank Foreclosure home as it is mostly known. Here is a list of things that you should know when you decide to make an offer on such a home: Read more