How’s The Market

Clicking on a link below will provide you with a 7 day snapshot of the latest activity going on in the market:

The postings on the rest of this page are the latest blog updates related to how the market is doing.

Smart Moves in 2012

by Hometown Realty January 10, 2012 Buyer

It’s a new year and everyone is trying to guess what will happen in the world of real estate for 2012. The last decade has been an interesting ride and there is still a great deal of uncertainty ahead.

Still there are things you can do right now to ensure you are in the best position …

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Simple Real Estate Resolutions for 2012

by Hometown Realty January 2, 2012 Buyer

We all know that real estate is one of our biggest investments, but we often forget to put any focus or planning on our goals. Here are a few simple guidelines to help you get the most out of your investment in 2012.

Review your goals. What are your real estate goals? To live mortgage free? …

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The Worst Home Improvements for the Money

by Hometown Realty December 28, 2011 Home Decor & Design

It used to be that home improvements were an investment where you could count on recouping most your costs. However, times have changed and it makes it important to really consider those ‘investments’ of your time and money.

According to a recent survey conducted by Remodeling Magazine and the National Association of Realtors, the 2010-2011 Cost …

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Bad News – Good News?

by Hometown Realty August 19, 2011 How's The Market

The Union Tribune had a lot to report on real estate today based on Monday’s DataQuick reports. July prices and sales were down in San Diego County - but take a look at the breakdown by market as well as how has the housing market has fared over the last five years.

The silver lining in all of …

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San Elijo Hills Market Update 2011 – Single Family

by Hometown Realty August 15, 2011 How's The Market

The first half of 2011 has continued to be a real estate roller coaster ride in San Elijo Hills with good and bad news to report in both the detached and attached markets.
SINGLE FAMILY MARKET:

We have seen increased activity over the same time period in 2010, with roughly 15% more closings. However, the amount of …

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San Elijo Hills Market Update 2011 – Multiple Family Market

by Hometown Realty August 15, 2011 How's The Market

The first half of 2011 has continued to be a real estate roller coaster ride in San Elijo Hills with good and bad news to report in both the detached and attached markets.
MULTIPLE FAMILY MARKET:

Increasing challenges due to lending restrictions & decreased buyer segments.
While activity has remained roughly the same as the previous year for …

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San Elijo Hills Market Update 2011

by Hometown Realty August 15, 2011 How's The Market

The first half of 2011 has continued to be a roller coaster ride in San Elijo Hills with good and bad news in both the detached and attached markets.

POSITIVE TRENDS:

Homes and town homes are selling because of the high desirability of our community.
New families are breathing life into distressed properties.
Continued historically low interest rates are …

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Looking to Buy a Home? Your Timing is Great!

by Hometown Realty August 13, 2011 How's The Market

We talked earlier this week about it being a great time to buy. Here’s an excerpt from an article this week at Realty Times.

Frank Nothaft, vice president and chief economist at Freddie Mac, reports, “Renewed market concerns about the European debt markets led investors to shift funds into U.S. Treasuries, pushing long-term yields lower. Further, …

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If Nordstrom Sold Real Estate…

by Hometown Realty August 11, 2011 How's The Market

Okay, yes, you have a few more months to wait for Nordstrom’s Half Yearly Sale, but…

If Nordstrom were selling real estate…the Half Yearly Sale would be going on RIGHT NOW!

If you’ve had your ‘eye on something’ and are just waiting for that great deal, you will not want to miss what’s going on in this …

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Just When We Thought Things Couldn’t Get Stranger…

by Hometown Realty June 6, 2011 How's The Market

Haha….we can’t help saying that, in this scenario, the bank got what it deserved! It’s not every day that the average American stands up to a large corporation like this, and when it happens, it makes for good news! Check it out:

Homeowner Forecloses on Bank of America (Yes, You Heard That Right)

By TARA-NICHOLLE NELSON of yahoo.com

In …

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