North County Real Estate News from Lisa Wexhler

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Modest Inflation Expectations Allow Mortgage Rates to Once Again Set New Record Lows
Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS), and for yet another week, fixed-rate mortgages reached record lows, as did the 5-year adjustable rate in this survey.
Pending home sales rise in July
Pending home sales rise but recovery in the housing market is elusive.
Most Homebuyers Have No Regrets
Even in the face of stagnant - or sliding - home prices, an overwhelming 90 percent of homeowners say they don't regret buying their current home, according to a new study by Bankrate, Inc.
San Diego home prices increase
San Diego home prices increased 11.2 percent in June from a year ago and it was the only metro area in the country with 14 months of consecutive increases in home prices, says the latest Standard & Poor’s Case-Shiller Home Price Index released Tuesday.
When Should an HOA Be Able to Restrict an Owner's Right to Rent Out His Unit
Is it fair for an HOA (Homeowner Association) to prohibit or restrict a unit owner from renting out his property? Should there be a law about this? In California, these issues are currently being argued in both the legislature and the courts. In some other states the issues may already be settled; in others the debate is no doubt going on.
Poway and Encinitas among the top cities for home price increases
Some San Diego cities see home prices jump in July.
Stand Out in a Buyers' Market
How do sellers fare when there are two, three, or more listing signs visible on their street, along their stretch of shoreline, or in their condominium complex? PJ Wade offers practical seller tips for ensuring their property stands out in a crowd.
Don't Let Termites Eat Away the Sale Of Your Home
You're selling your home and it comes time to get that dreaded termite inspection. It's the Wood Destroying Organism (WDO) inspection that homeowners fear can eat away at the price of a home or ruin the entire deal--but it doesn't have to.
Housing Starts Rose in July
Is it welcome news to the many slowly recovering housing markets? Real estate is waiting on a marked recovery from the recession, and some of the latest regional housing start figures seem to show it could be happening.
Homes for first-time buyers slightly less affordable
Even as prices inch up, entry-level homes in San Diego are still far more affordable than in the past.
Social Benefits of Housing
Recent research from the National Association of Realtors (NAR) outlines the importance of homeownership on not just the economy, but on the social benefits it provides.
Are McMansions losing favor?
Trulia.com says homebuyers are finally deciding that less really is more.
About That Real Estate Sales Tax
If you haven't received an email about the alleged real estate sales tax, you will. Probably, many readers have already received more than one. They go something like this: "Did you know that the new health care bill will make all real estate transactions subject to a 3.8% sales tax? Just think, if you sell your home for $400,000, there will be a $15,200 tax!" It isn't true.
San Diego housing sales drop in July in wake of rebate end
Housing sales drop in July.
Real Estate Outlook: Modest Recovery
The Federal Reserve's board of governors gave their current economic forecast a label last week: The label is "modest" - and it's an important word to keep it in mind.

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