San Diego County Foreclosures keep on Dropping

Since before the Great Recession, increased gains in annual home price appreciation has kept on helping on the amount of foreclosures in San Diego County. In February, according to a report in DataQuick released on Tuesday, banks repossessed 141 properties in San Diego County, while a slight drop was posted from January. In February 2013 to last month, the year …

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Federal Reserve to Reduce Interest Rates in Housing Markets

San Diego’s housing market has taken a toll on bank accounts with affordability as the median home price has sky rocketed to an extremely high $699,000, while real estate in San Diego is at its lowest selling point since 1988. The Federal Reserve has tapered the economy off with low interest rates starting this month, according to the San Diego …

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Default Notices at its Lowest in Eight Years

  Following October, that indicated a rise in foreclosures and defaults, San Diego County faltered by a large amount as notices of defaults decreased as low as it has been in eight years according to an article in the San Diego Union – Times. In October, 173 homes in San Diego were repossessed, while real estate in San Diego, in …

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What will be seen in San Diego Real Estate in 2014?

  Because of the effects of the Great Recession, it is known that San Diego real estate has accepted the fact that there is a bubble encasing market. According to a story in KPBS San Diego, to weather the storm of this recession from the prior five years, customers have looked to real estate. However, it has been difficult to …

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