Saturday, December 24, 2016

2017 Real Estate Mortgage Rate Outlook

2017 Real Estate Mortgage Rate Outlook

Just this week the Federal Reserve Board raised short-term interest rates by a quarter of a percent. both the mortgage market and the stock market had anticipated this rate increase so there wasn't any dramatic reaction to it. What was unusual this week was the fact that the Federal Reserve Board announced that it was going to raise short-term interest rates at least three more times in 2017. 

Actually the interest rates which have been kept artificially low have been increasing prior to the election and anytime the economy shows strength, usually interest rates start to move up and this is definitely a damper on real estate activity. But, it’s really a double-edged sword because an improving economy and more job creation, increases housing demand.


La Jolla real estate
2017 Real Estate Mortgage Rate Outlook 

Tuesday, December 06, 2016

2017 San Diego Real Estate Outlook

2017 San Diego Real Estate Outlook

So far, in 2016 San Diego real estate has shown double-digit appreciation! But, now with interest rates starting to move up, a new president about to take office, and San Diego real estate at a 10 year high, will 2017 see a continuation in our very strong local housing appreciation or will our home prices remain stagnant because of rising interest rates and are high affordability factor?

Now, no one can really accurately predict the course of any financial market. But, it's prudent to get the views of real estate insiders so you can then determine your own outlook and what actions you might take to increase or maintain your Southern California lifestyle.

San Diego real estate library

Friday, December 02, 2016

Real Estate Bubble 2017

Real Estate Bubble 2017

Here in San Diego on a number of radio channels I personally heard commercials for investing in real estate trusts.

 These REITs that are being pushed in the commercials are based on commercial properties. This fact in and of itself would not be of major concern if I didn’t know about the other underlying problems in the commercial real estate market. But, personally don’t ever recall REITs being advertised on our local San Diego radio stations. I believe this type of radio advertising for REITs could mark the top of the expected bubble in commercial real estate next year.

Keep in mind this is just my personal opinion and naturally before you act on any major investment, whether real estate or stocks and bonds, it would be prudent to consult with your own financial and legal advisors..

Please visit our San Diego real estate website today:
http://www.brokerforyou.com/brokerforyou/


Bob Schwartz, brokerforyou CA Lic.#00706331

City of San Diego California website: https://www.sandiego.gov/

 

Real Estate Bubble 2017

 

Sunday, November 20, 2016

Unique real estate agent promotion

Unique real estate agent promotion

Surprised by the results of our presidential election? if you're contemplating the sale of your California home to move out of the country and have stated this on any social media platform prior to the election results, this unique offer might be able to save you thousands of dollars in real estate commissions.


Saturday, May 21, 2016

Housing Income Diversity

Housing Income Diversity 

 New H.U.D. regulations that are now in place and estimated to affect over 1200 communities cities and towns in the US.

 HUD is saying to communities across the country that want to improve their blighted housing areas and develop more affordable housing , is that unless they comply and income diversify their middle-class and upbeat and upper income communities, HUD will cut off their funding. In other words this is government blackmail.

The left’s rationale is that communities in the United States have a history of putting affordable housing in poor areas and that under the fair housing act of 1968, the HUD is obligated to take action. The Right argues that the Fair Housing act of 1968 applies to racial discrimination in housing and that the new interpretation that it encompasses income diversity is off base.

Rep. Paul Gosar (R-Ariz.) said: “American citizens and communities should be free to choose where they would like to live and not be subject to federal neighborhood engineering at the behest of an overreaching federal government.”

Friday, January 15, 2016

San Diego 2016 Real Estate Outlook

San Diego 2016 Real Estate Outlook

How will the San Diego real estate market do in 2016 - - - One San Diego real estate brokers opinion


http://www.brokerforyou.com/brokerfor... 2016 San Diego real estate forecast. I'd like to say that I've been in the residential real estate business for over three decades! But, I am certainly not an economic forecaster or financial advisor. What I am, is a California real estate broker. So, my forecast here is obviously my best guess of what might transpire in San Diego real estate 2016.

Many factors affect the economy as well as the residential San Diego real estate market. So, just use this opinion as just that, one broker's opinion. Before making a decision whether to buy or sell San Diego real estate one should consult with their own accounting and/or financial real estate advisors.

I'm not going to go over the points that I made in my forecast in this video. What I am going to say is that I feel that in today's climate it is extremely risky to use San Diego residential real estate as a speculation to enhance your financial portfolio.

As far as purchasing real estate to build up your rental portfolio, I would leave this concept to the professionals. One must understand that when owning residential income property this is a business that requires your utmost attention to not only ensure you are complying with all the legal requirements a landlord is responsible for, but also that your property is properly maintained.

I always say, that if you're a hands-on type of person and you buy a residential income property within a short distance of your main residence, you'll be able to do a lot of the necessary repairs and maintenance that could save you thousands.

But, before getting involved in San Diego investment residential real estate, it just makes common sense to me that one should invest in their own principal place of residence first.

In many desirable areas within San Diego California rents have been going through the roof during the last few years. So, if you can qualify, purchasing San Diego real estate in 2016 as your principal residence may still make lots of sense, even if home appreciation is flat in 2016


Please visit our San Diego real estate website today:
http://www.brokerforyou.com/brokerfor...

To stay up to date on our new videos, please subscribe to our Youtube channel at:
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Bob Schwartz, brokerforyou CA Lic.#00706331

San Diego California real estate broker

San Diego 2016 Real Estate Outlook

Friday, April 24, 2015

San Diego Real Estate 2015 Outlook

San Diego Real Estate 2015 Outlook


San Diego real estate market 2015 forecast. Opinion on the San Diego California real estate market by Bob Schwartz San Diego real estate broker with over 30 years of residential real estate experience. - CA Lic. # 00706331

It looks like the San Diego real estate market for 2015 will be very similar to the low single digit average home appreciation experienced during 2014.

Put my 30 years of residential real estate experience to ensure that my clients achieve the best possible price marketing or selling residential real estate in the San Diego California market!

Thinking of selling your San Diego home? Get high-Tech marketing like this - Youtube video, with aerial video photography & 24/7 radio broadcast of your homes features! Contact Bob Schwartz at bob@brokerforyou.com

Visit: San Diego homes for sale


San Diego real estate market 2015 forecast