“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

San Diego real estate blog San Diego real estate agent

San Diego real estate Bottom??

George Soros the out-spoken billionaire investor, just came out with a very gloomy assessment of the US and world economies. In an interview with a BBC news editor, Mr. Soros said the "financial bubble" of the last 25 years could be drawing to an end and the post World War II "super-boom" era could also be over. *To view the full post, please visit the San Diego California real estate blog

San Diego Falling Home Values May Mean Less Property Taxes

SAN DIEGO PROPERTY TAX RELIEF - Property owners who believe their property's market value has fallen below it's accessed value should file an Application for Review of Assessment no later than May 30, 2008. *To read the full post, please visit the San Diego County California real estate blog

Majority of Homes Sold In Riverside County California Were Forclosures

Foreclosures are driving price declines. Riverside/San Bernardino was most affected. Fifty-six percent of homes sold in Riverside County in March were foreclosures, which caused the area’s median price to drop 27 percent to $306,250. San Bernardino’s median price fell 28 percent to $265,000. *To view the full post, please visit the San Diego County real estate blog

San Diego Median Home Price Falls 19%

DataQuick Information Services of La Jolla just released a report that showed San Diego's home sales dropped again for the 7th. month in a row. The San Diego March home sales fell 34.5%.

Over the past 20 years Southland sales have risen by an average of 38 percent between February and March. Last month's 18.1 percent increase from February was the lowest in DataQuick's statistics, which go back to 1988. *To view the full post, please visit the San Diego real estate market blog

Bank Repossessions soar 129 percent Over Last Year

The real estate data firm RealtyTrac just released a report showing real estate home foreclosure filings surged 57 percent in the 12 month-period ended in March and bank repossessions soared 129 percent from a year ago.

RealtyTrac said the foreclosure peak has yet to be reached.

The vice president of marketing at RealtyTrac said: "What we're really looking at is ongoing fallout from people overextending themselves to buy homes they couldn't afford and using highly toxic loan products to get into the houses in the first place." *To view the full post, please visit the San Diego real estate market blog