Encinitas

The Obama administration announced today new guidelines for pre-foreclosure properties that should streamline the short-sale process and expedite deeds-in-lieu of foreclosure. The highlights of the guidelines are: Mortgage loan servicers must determine if a short sale is possible before proceeding with a foreclosure. Loan servicers will receive $1,000 from the government for successful short » Read more  

The 1st quarter statistics for Coastal North County properties are ready. Please see the table below. Sales are strong in Oceanside where it is now possible to buy for less than it would cost to rent. If the law of supply and demand prevails the price of homes will fall in zip codes with a » Read more  

Unfortunately only sheer dumb luck will allow someone to buy at the absolute bottom of the market, because the only way to gauge the bottom is when it starts back up. What a buyer must ask them selves is if the purchase makes sense. Interest rates are at historic lows. The value of many properties » Read more  

The following information comes directly from the Assessor’s website: Under state law a temporary reduction in assessed values can be made when the market value, as of January 1, 2009, falls below the assessed value. Once reduced, the Assessor’s Office must then annually review the value of the property. When the property values increase, the » Read more