Green Real Estate Appraiser

San Diego – Foreclosures Up In October but still down for years

Posted on November 20, 2013 | Leave a comment

Foreclosures in San Diego County ticked up from September to October, but over the past 12 months are still down more than 65 percent.

Last month, lenders foreclosed on 173 properties in the county, up 18.5 percent from the 146 in September, real estate tracker DataQuick reported Tuesday. Percentage wise, it was the biggest month-to-month jump in foreclosures since they rose from 715 in December 2010 to 959 in January 2011, a 34.1 percent gain.

Mark Goldman, a loan officer and real-estate lecturer at San Diego State University, said the number of foreclosures can depend on internal factors at banks, and did not express concern about the jump.

Has the value of your home been affected? Contact the real estate appraisers at www.scappraisals.com for your value questions.

“I just attribute that to noise,” he said. “It’s such a small number. In general, I would expect foreclosures to be going down as property values increase more and more. When there’s equity in the property you can sell it.”

In October, the median price of a home in San Diego County was $412,750, up 17.9 percent from October 2012, DataQuick reports. Prices bottomed out at $280,000 in January 2009, when there were 1,107 foreclosures.

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What is TPP and How Will it Harm our Environment and our Constitutional Rights

Posted on November 15, 2013 | Leave a comment

What is TPP – Transpacific Free Trade Agreement; Remember how great NAFTA was for our citizen and our environment?

Trade officials from eleven Pacific Rim nations

Australia, Brunei, Canada, Chile,

Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam are in intensive, closed door negotiations to sign a Trans

Pacific Partnership (TPP) Free Trade Agreement (FTA) in 2013. Every Pacific Rim nation from China to Russia to Japan could eventually be included. There are draft texts for many of this pact’s 29 chapters, most of which have nothing to do with trade, but rather impose limits on domestic food safety, health, environmental, and other policies. The governments won’t release the texts to the public. But about 600 U.S. corporate “trade advisors” have full access. America’s worst job offshoring corporations, global banks, agribusiness, and pharmaceutical giants want this deal

to be another corporate power tool like the North American Free Trade Agreement (NAFTA). Consumer, labor, environmental, and other public interest advocates want a transparent process and a “Fair Deal or No Deal.”

A major goal of U.S. multinational corporations for the TPP is to impose on more countries a set of extreme foreign investor privileges and rights and their private enforcement through the notorious “investor state” system.

This system allows foreign corporations to challenge before international tribunals national environmental, land use, health and other laws and regulations that apply to domestic and foreign firms alike. Outrageously, this regime elevates individual corporations and investors to equal standing with each TPP signatory country’s government and above all of us citizens. This regime empowers corporations to skirt national courts and sue our governments before tribunals of private sector lawyers operating under UN and World Bank rules to demand taxpayer compensation for domestic regulatory policies that investors believe diminish their “expected future profits.”

Many of these regulatory policies are designed for environmental protection. For example, in 2012, the U.S.

Lone Pine company launched a $250 million NAFTA investor

state case against a Canadian ban on fracking.

Read more about TPP: http://www.exposethetpp.org/

Get involved and contact your representative: http://www.contactingthecongress.org/

Normally we do not get political but this affects every American. Remember we are Americans first, Green, Democrat, Republican, Libertarian, etc. Second!!!

Thanks

San Diego County Median Home Price Down

Posted on November 13, 2013 | Leave a comment

San Diego County’s housing market continued to slow in October, with the median price of a home falling $9,250 from the month before.

It was the biggest drop in month-to-month values since prices fell $16,000 from December 2012 to January 2013, generally considered the slower time of the year.

Has your home gone down in value? Contact the appraisers at www.scappraisals.com for your value questions.

Still, the median value of a home, now $412,750, is up 17.9 percent from last October’s median $350,000, real estate tracker DataQuick reported Tuesday. However, the October figure is well below the 24.1 percent gain San Diego County housing prices saw from June 2012 to June 2013, which is considered peak buying season. The highest county median price was $517,500 in November 2005.

John Walsh, DataQuick president, said in a statement that low inventory, low mortgage rates, and higher levels of investor purchases pushed up the previous annual gains of 20 percent.

“In recent months each of those drivers has reversed somewhat,” he said.

Mark Goldman, a loan officer and real-estate lecturer at San Diego State University, said the market is decelerating, as yearly gains of 20 percent were unrealistic.

“The buyers are cooling a bit,” he said. “There was very limited inventory and people were bidding up prices and realized they overshot the market of what the properties were worth.”

Disclaimer: for information and entertainment purposes only

San Diego – Foreclosures Up In October but still down for years

What is TPP and How Will it Harm our Environment and our Constitutional Rights

San Diego County Median Home Price Down

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