Why 2011 May Be the End of the Housing Crash

February 28, 2011

An article in the WSJ recaps why all signs point to now is the time to buy homes.  Affordability is the biggest reason.    Especially in San Diego where housing prices prohibit the majority of residents from buying, now more than 60% can jump into the market.   We are seeing a lot more first time home buyers which is great.  To help someone buy their first home where they will start their family and build their nest egg is[.....]

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To Rent or to Buy in San Diego?

February 3, 2011

Does it make more sense to lease or purchase a home in San Diego?  See why it makes more sense to buy in San Diego than rent. It depends on the city, said real-estate data provider Trulia in its most recent Rent vs. Buy Index, a quarterly comparison of renting and buying a two-bedroom home in the country’s 50 largest cities. Trulia on Monday reported that it’s cheaper to buy than to rent in nearly three-quarters of the 50 largest[.....]

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San Diego home prices update

January 24, 2011

Call or email today for an update on your neighborhood.  Alan@alanshafran.com  760-929-9212 Notice the slight tick up in prices last week.

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PRESS REALEASE: Freddie Mac Says Tame Inflation Figures Leave Mortgage Rates Mixed

January 24, 2011

McLEAN, VA — Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey� (PMMS�). The survey results showed mixed results for both long- and short-term rates, with the 30-year rising slightly and the 15-year falling just as slightly. News Facts: � 30-year fixed-rate mortgage (FRM: 7.84, +0.11, +1.42%) averaged 4.74 percent with an average 0.8 point for the week ending January 20, 2011, up from last week when it averaged 4.71 percent. Last year at this[.....]

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ZIP 92011: Median sales price versus Average sales price

January 13, 2011

The median sales price for homes in ZIP code 92011 in Carlsbad from Oct 10 to Dec 10 was $640,000 based on 73 sales. Compared to the same period one year ago, the median sales price increased 0.6%, or $3,688, and the number of sales decreased 15.1%. Average price per square foot for homes in 92011 was $290, a decrease of 1.4% compared to the same period last year. There are currently 106 resale and new homes in ZIP code[.....]

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Carlsbad Market Summary

January 13, 2011

Here is a quick glance at prices for Carlsbad – call me today for more information on your specific neighborhood and stay current with todays market.  Looking for homes? Find out what todays interest rates mean for your buying power.  We have on site specialists to guide you every step of the way.  760-929-9212

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5319 Carlsbad Blvd.

December 1, 2010

Experience opulent oceanfront living at its finest perched above the highly coveted Carlsbad coastline! This luxury, custom 2003 built estate is located on a 70 ft oceanfront lot with endless offerings and includes 4 bedroom suites, guest wing & 6 full + 2 half bathrooms along with exquisite finishes throughout. Savor the infinite ocean & sunset views that can be taken in from this gorgeous property. Contact us now for more info! See and download the full gallery on posterous

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San Diego Housing Affordability on the Rise

November 23, 2010

Current real estate trends in San Diego continue to favor the current consumers. On the latest reports released this week, The National Association of Homebuilders/Wells Fargo Housing Opportunity Index found county affordability on the rise. During the third quarter of the year, the median sales price of county homes was $325,000. In relevance to measure of affordability, HOI doesn’t reflect pressure in the rental market. Susan Tinsky, executive director of the San Diego Housing Federation said, “As foreclosures continue, more[.....]

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Stable home prices, low mortgage rates could gas economy

November 18, 2010

Reported by Stephanie Armour from USA TODAY, mortgage rates and gradually firming home prices give economy the boost. A potentially next big thing that will hit the economy: rates on 30-year fixed loans averaged 4.17% (down fron 4.24% a week ago) which have been below 5% since early May; median home prices in the third quarter were up from last year’s third period in 77 of 155 metro areas said from Nat’l Assoc. of Realtors compared to 2009′s third quarter[.....]

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Alan is speaking at the 2010 Real Estate Domination Summit in San Diego!

November 10, 2010

In recognition of Alan Shafran’s remarkable success, Alan has been asked to speak on the formation and nurturing of a professional real estate team.  Recognized as a team that annually sells over 100 million in real estate, 1 Park Place felt confident that Alan would be an exceptional speaker for their conference. The Lecture is titled: The art of forming a HIGH PRODUCING team and will take place on December 1st at the Hotel Del Coronado. For further information you[.....]

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