Want Hassle Free Information About A Short Sale or Bank Owned Property?
October 13th, 2011 // Categorized under: 4S Ranch, bank owned, Brookside Escondido, Escondido, Find Your Home, Foreclosures & Short Sales, Market Trends, Poway, Rancho Bernardo, Real Estate News, Short Sales
That's right - go through this website or any other; write down the MLS number or the property address of any home that interests you. Then simply reach out to us with this information and we will give you the facts about each specific condo, home, piece of land, including price, terms, location and other pertinent information - all without asking any tricky questions designed to CLOSE YOU. Sue Johnson and her team believe that the only way for you to...continue reading...
Brookside Escondido – A Tale of Two Pities!
September 25th, 2011 // Categorized under: Brookside Escondido, Escondido, Foreclosures & Short Sales, Market Trends, Real Estate News, Search Foreclosures, Short Sales
Wow, the inventory of homes on the market in Brookside is down to two active listings! That's the lowest I've seen here in years, no doubt. It's not inconsistent with the general trend right now of resale homes for sale in North County - inventories are down just about everywhere. So you would think you would have a seller's market beginning to show a little here... well think again! Our resident loan officer and mortgage expert Mark Robertson tells us that...continue reading...
Where Are All The Foreclosures?
September 14th, 2011 // Categorized under: Foreclosures & Short Sales, Market Trends, Mortgage News
With all the pundits talking about phantom inventory and the huge surplus of foreclosures, one would expect a massive number of bank-owned properties to be on the market. They are not. Enquiring minds want to know why not. First, let’s look at some numbers. According to http://foreclosureradar.com, the number of bank-owned properties, called REOs, in San Diego County has averaged about 6,500 a month for the past thirteen months. Yet, in the MLS, only 957 properties for sale are listed as REO...continue reading...
Distressed Property Listings Continue to Fall
August 2nd, 2011 // Categorized under: Bel Etage, Brookside Escondido, Foreclosures & Short Sales, Market Trends, Rancho Bernardo, Real Estate News, Salviati, Santa Fe Valley, Savenna
Inventory of single-family, re-sale homes was down for the fourth month in a row. It dropped 7.1% compared to last May. Pending sales, a harbinger of future closed sales, rose 3.1% from April, and were up 16.7% year-over-year. This is the sixth month in a row pending sales have been higher than the year before. Curiously, closed sales were off 1.5% month-over-month, and down 16% year-over-year. This is the eleventh month in a row closed sales have been lower than the...continue reading...

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