An increasing number of homeowners are continuing to obtain needed cash by refinancing their existing mortgage. There’s a very good reason for that trend. Home equity loans and lines of credit are usually tied to the prime rate. Those rates have been increasing significantly while long term mortgage rates have remained relatively low. Homeowners feel [...]

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An interesting study has just been concluded by the National Association of Home Builders that identifies how various features in a home impact the property’s value. The association’s Housing Economics Department created a house price estimator, based on data from the American Housing Survey, a nationally representative survey of about 60,000 housing units conducted by [...]

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The number of property foreclosures are dropping, according to a report from RealtyTrac, a real estate research firm. About 109,650 properties nationwide entered some stage of foreclosure during the month of December, reflecting a decrease of nearly nine percent from the previous month. The report shows a national foreclosure rate of one new foreclosure filing [...]

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John is the kind of guy you love to hate. He is always in a good mood and always has something positive to say.  When someone would ask him how he was doing, he would reply, "If I were any better, I would be twins!" - He was a natural motivator.
If an employee was [...]

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The confidence level of the nation’s home builders continued to improve this month, reaching its highest level since June 2006, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The increase reflects the continued stabilization of buyer demand, driven in part by lower energy prices, favorable mortgage rates, and employment [...]

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Calif. median home price - December 06: $567,690 
Calif. highest median home price by C.A.R. region December 06:
Santa Barbara So. Coast $1,250,000 
  
Calif. lowest median home price by C.A.R. region December 06:
High Desert $324,560 
  
Calif. First-time Buyer Affordability Index - Third Quarter 06:
24 percent 
 
Source: C.A.R.

Mortgage rates - week ending 2/1:
30-yr. fixed: 6.34%; Fees/points: 0.4%
15-yr. fixed: [...]

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The latest pending home sales data tracked by NAR indicate a steady pace of home sales in the coming months, according to a recent report. In December, the Pending Home Sales Index (PHSI), which gauges home sales activity for upcoming months based on the number of transactions that have signed contracts but are not yet [...]

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Jacobs’ Masterworks Series Concert - DVORÁK: Symphony No. 7     February 24
Featuring  Sergey Khachatryan, violin/ Conductor: Jahja Ling. 1245 Seventh Avenue, San Diego. 619.235.0834 or http://www.sandiegosymphony.com
 
SYHC Health Promotion Event Get Up! Get Moving!   February 24
To promote physical activity among Latinos, the San Ysidro Health Center is hosting a health fair that offers a variety of [...]

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Home buyers continue to show an increased interest in environmentally-friendly homes, and many are willing to pay a premium for such homes, according to a recent survey of U.S. home builders conducted by Green Builder® Media. More than half of the home builders surveyed report home buyers are willing to pay a premium of 11 [...]

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