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Mortgage hikes unlikely to hamper growth

The year 2014 will likely be the year the Federal Reserve begins to take its training wheels off the economy to see if it can move forward on its own power, economist Lynn Reaser told a forum at the Liberty Station Conference Center on Friday.

Notices of default reach 'normal' level

Notices of default have reached a level of normalcy, and one San Diego real estate professional predicts they’ll stay in that range.

Realtors keep busy during seasonal slowdown

As the year comes to an end, holidays, children home from school and upcoming regulatory changes contribute to a seasonal slowdown in the housing market.

SD distressed home resales up and down

LOS ANGELES -- San Diego County’s share of distressed resales increased slightly in October from September, but was still down from October of last year, according to the California Association of Realtors (CAR).

SD area residential property sales down; prices up from 2012

Residential property sales and median prices in the San Diego metro area were mostly unchanged in October from September, but sales were down and prices were up significantly from 2012, according to RealtyTrac’s October 2013 U.S. Residential & Foreclosure Sales Report.

SD area residential property sales down; prices up from 2012

IRVINE -- Purchases of foreclosed homes at auctions jumped last month as banks benefited from surging prices and shunned approvals of sales by homeowners dumping their dwellings at a loss.

SD home-price strength better than most areas

October marked the second straight month that U.S. resold home values declined while San Diego County's were a bit stronger, according to the Zillow Real Estate Market Report.

CAR: Most renters want to be homeowners

LOS ANGELES -- Despite the financial toll the recent financial crisis has had on Americans, homeownership remains a goal for the majority of renters, according to the "2013 Renter Survey" by the California Association of Realtors (CAR).

SD home sales increase in October

California home sales declined for the third straight month in October, while San Diego’s home sales increased by 9.7 percent from September, according to the California Association of Realtors (CAR).

Pardee reports 23 sales at its Alta Del Mar

Pardee Homes reported all 23 homes released for sale at its The Prestige Collection of Alta Del Mar in Carmel Valley have been sold -- and 13 custom home lots, out of 15, have been sold to date. Closings are underway with the first homeowners expected to move in this December, according to Ron Wilcox, sales representative for Pardee. Pricing is from $1.85 to $2.4 million.

SD area foreclosure filings down 57% from 2012

San Diego area foreclosure filings dropped 57.4 percent in a year from October 2012, according to RealtyTrac’s U.S. Foreclosure Market Report for October 2013.

SD's single-family detached home price dropped in October

Thirty-two percent of San Diego County households were able to afford the county’s median-priced, single-family detached home in October, the price of which decreased in October from September, according to the HomeDex Report provided by the North San Diego County Association of Realtors.

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Up-To-Date Real Estate Statistics

Notices of Default

A notice recorded to show that the borrower has not made timely payments of interest and principal as required or met other provisions of a bond, mortgage, lease or other contract. Trails the performance of the San Diego County economy because it indicates borrowers cannot pay bills in a timely manner.

Trustee Deeds

A deed, or document that transfers the title of real estate, passes ownership of real estate in default to the buyer from the guardian of the trust deed. Tracks the movement of foreclosures in San Diego County.

Roundtables

Delaying a property sale might not make financial sense

Lack of inventory isn’t the only factor keeping move-up and first-time buyers from entering the housing market — but the math behind their reasoning might not be in their interest.

With improving prices and resales, Realtors like what they see

“Optimism” was the byword of a residential real estate roundtable discussion sponsored by the Greater San Diego Association of Realtors last week at The Daily Transcript offices.

Homebuyers, sellers may be surprised come spring 2014, experts say

Local real estate professionals took a look back on 2013 while predicting what’s to come in 2014 at a recent roundtable discussion hosted by The Daily Transcript. The biggest change for buyers and sellers in 2014 will be the absence of investors come spring, they said.

Land sales indicate SD's housing market is healthy

Land sales in San Diego’s unincorporated areas indicate a healthy market, while a paradigm shift is causing high-end La Jolla homes to sit on the market.

Real estate trends center on low inventory

Low housing inventory seems to be dictating other trends in the market: competition, prices and pocket listings.

Housing demand is up, inventory is low, and prices are increasing in San Diego

The housing market took a turn six months ago with increased demand leading to higher prices and competition for inventory, according to a group of real estate professionals at a roundtable discussion hosted by The Daily Transcript.

Worry over 'fiscal cliff' impacts commercial real estate

Whether it is military downsizing, sequestration or a “fiscal cliff” that is fast approaching, it is already having an impact on commercial real estate.

Underwater borrowers further constrain low-inventory housing market

Underwater borrowers in San Diego County are contributing to pent-up demand resulting from a lack of inventory, which is causing multiple offers on homes and prices to increase slowly, according to local real estate experts at a roundtable discussion hosted by The Daily Transcript and sponsored by the San Diego Association of Realtors.

San Diego County needs more homes on the market

A limited inventory of houses means the San Diego real estate market can stand to absorb a possible influx of foreclosures, local experts said at recent roundtable discussion at The Daily Transcript sponsored by the San Diego Association of Realtors and North Island Credit Union.

Foreclosures, distressed home sales still dominant in residential real estate

Experts in the residential real estate industry seem to be more upbeat than they were a year ago, but distressed sales and foreclosures continue to drag on the market.

Profiles

Berkshire Hathaway - Ghassan Aboukhater

Realtor Ghassan Aboukhater knows how to treat his high-end customers right. The Lebanese native grew up in the hotel business, worked for two Swiss banks, knows several dozen millionaires and billionaires, and speaks French and Arabic.

Torrey Pines Bank - William McLennan

The current commercial real estate boom has meant good times for builders, developers, buyers and tenants. And lenders are prospering from the turnaround as well. One of the local lenders that has been a consistent supplier of financing is the real estate department of Torrey Pines Bank, which funded $425 million in new loans last year, up from $412 the prior year.

Shore Point Real Estate - Alex Rojas

Alex Rojas founded Shore Point Real Estate in February 2012. Opening his own office has allowed Rojas to give back to his Pacific Beach community.

HFF's Wright sees high land value shaping market in San Diego

One could say that Tim Wright, senior managing director of HFF in San Diego, has assimilated quite well since coming from the Midwest to Southern California in the late '70s and "feeling like a foreign exchange student" at the University of California, Santa Barbara.

Friedrich requires his Cresa brokers to be hunters

Southern California life may be laid-back, but at the San Diego office of Cresa Corporate Real Estate, the 12 brokers don't do laid-back.

SDAR Scoop

SDAR Scoop September 2014

Sept. 8, 2014 -- George Chamberlin and Leslie Kilpatrick, president of the Greater San Diego Association of Realtors, discuss recent housing numbers and an upcoming event designed to help Realtors take advantage of new technology.

Real Estate Trends videos

Leslie Kilpatrick, Donald Coleman on the real estate market

June 26, 2104 -- George Chamberlin speaks with Leslie Kilpatrick, president of the Greater San Diego Association of Realtors, and Donald Coleman, vice president of real estate member experience for USE Credit Union, about what's happening in the residential real estate market and the role a credit union can play in buying a home.

Archived Reports

Real Estate Trends - 2013

Explore the latest industry trends, issues and market predictions.

Real Estate Trends - Fall 2012

Explore the latest industry trends, issues and market predictions.

Real Estate Trends - July 2012

Explore the latest industry trends, issues and market predictions.

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