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Struggling with your Mortgage Payment?

Declined house value sign

Struggling with your mortgage payment? You are not alone! The economy and declined value of real estate has taken a toll on everyone! Home owners are continuing to struggle with their mortgage payments. I've seen evidence of some so burdened by their declined home value and mortgage stress that they have decided to walk away from their homes! The Statistics below are an accurate measure of how prices have changed since last year!

Sales Statistics
for SAN DIEGO County CA
Realist's most recent recording date for this county is 09/29/2009
Single Family Residence
Time Period Number of Sales Median Sale Price
Aug 2009 2,494 $361,500
Aug 2008 1,899 $385,000
Jul 2009 3,552 $363,000
Jul 2008 2,104 $410,000
2009 YTD 16,346 $348,000
2008 20,361 $400,000
Condominium
Time Period Number of Sales Median Sale Price
Aug 2009 1,243 $260,000
Aug 2008 1,031 $268,000
Jul 2009 1,811 $260,000
Jul 2008 1,075 $281,000
2009 YTD 7,947 $239,000
2008 10,898 $280,000

Despite the hopeless feeling that financial strain can carry, there are options available!

If you or someone you know is considering a loan modification, short-sale, or foreclosure because of a hard-ship, please call or email me. Together, we can make a plan by thoroughly exploring all short and long term effects of these options.

Posted Monday Oct 05