Blog
April 27, 2021
April Economic Report (1) At the link above is the full April 2021 Economic Report released by SDAR written by Alan Nevin – Director of Economic and Market Research, Xpera Group. Below is a snapshot of real estate data.
February 4, 2021
![360_sold_home_for_sale_sign_new_house[1]](https://pasasproperties.com/wp-content/uploads/2011/10/360_sold_home_for_sale_sign_new_house1.jpg)
It was a great time to be a homeowner in 2020. Most housing analysts predict it will be even better at the end of 2021. A study by DQNews/CoreLogic of closed transactions showed prices and sales were up throughout SoCal in 2020. Sales across the six-county region in December were 29% above a year earlier and the fastest buying pace for any month since June 2017. Six-county region: 24,995 sold, up 29% over 12 months. […]
January 25, 2021
There are many new real estate laws for 2021. For a complete list, download our one page pdf here.
December 15, 2020
By Andrew Khouri LA Times The SoCal median home price rose sharply in October compared with a year earlier, as buyers rushed to take advantage of rock-bottom interest rates. The six-county region’s median price of $605,000 was down slightly from a record $610,000 in September, although it’s not unusual for prices to fluctuate month to month. The median was up 14.2% from a year earlier. Economists and real estate agents say […]
December 15, 2020
The 2021 Conforming Loan Limits have been released. $548,250 – Nationwide (True Conforming vs. Hi-Bal) $753,250 – San Diego County $548,250 – Riverside County $822,375 – Orange County Rates projected to stay low through the first quarter of next year. So that bodes well for business through the middle of 2021. More info? Click here.
November 8, 2020
The median home price in San Diego County blew past the previous record to hit an all-time high of $634,000 in July. A lack of homes for sale also created high competition among home buyers, with bidding wars pushing purchase prices even higher. The traditional spring home-buying season also shifted to the summer following the shutdown caused by the coronavirus last April and May, when sales plummeted. Nationally, the index value of a resale house increased […]
October 1, 2020
This article is from Connect California: Commercial Real Estate News. Click here for more information. Gov. Newsom Opposes California Rent Control Measure, But Supports Split-Roll Tax California Governor Gavin Newsom is opposed to Proposition 21, the rent control measure on the Nov. 3 statewide ballot. But the Governor said he supports Proposition 15, the split-roll property tax measure, which would change the tax assessment of commercial and industrial real property to […]
September 11, 2020
Move in Ready! Ground floor Upgraded unit features 2 large master bedrooms with their own full baths. 2 parking spaces steps away. Granite counters in updated kitchen with new faucet and newer appliances. New dual pane windows, new mirrored closet doors, stackable laundry unit in patio closet and new wood vinyl flooring make this a must see property. Also a nice grassy area right off the back patio. Property Information […]
September 10, 2020
FHA, VA, Approved! Beautiful end unit two story Town Home in a very desirable area and complex on a tree lined street. One covered carport and one space directly behind private patio. New Paint and Carpet. New Kitchen counter, dishwasher and Refrigerator. New upstairs Dual Payne Windows currently on order and will be installed. Full size side by side Laundry Hookups in Closet off the Patio. Very clean and bright. […]
August 11, 2020
We’ve passed the midway point of a very unusual year, and many of our clients, friends, and family have been asking us ‘what the heck is going on with real estate?’ The national news reports on the real estate market, but what we San Diegans see around us doesn’t really match the national picture. We know that’s confusing, so we’re going to give you a mid-2020 Market Update for San […]