Archive for June, 2009
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Appraisal Nightmares
The new rules put in place by mortgage buyers and New York Attorney General Andrew Cuomo are having a devastating impact on the ability of buyers and sellers to fairly negotiate the price of a home for sale. Dan Levy, on Bloomberg.com writes "Home
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Tax Credit Extension in the Works!
***Update - 2010 California New Home Tax Credit Take Effect 5/1/10 - Details Here*** The Franchise Tax Board announced on Monday an interim extension of the California Tax Credit for New Home Purchases. This extension will likely extend the appl
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The Pacific Coast Builders Conference
Today is the final day of the 2009 Pacific Coast Builders Conference (PCBC). The three day educational conference was filled with thought provoking speakers, educational programming, recognition events and a great supplier / services exhibition. M
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San Diego Real Estate is Undervalued!
San Diego residential pricing is 21% below normalized value, so says IHS Global Insight, a financial analysis company. As reported by Roger Showley of the San Diego Union Tribune, IHS believes the median price of a single family home in San Diego
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Mandatory Water Use Restricitions Effective Today for San Diego!
By local ordinance, the City of San Diego has implemented Mandatory Water Use Restrictions, effective June 1, 2009. According to Mayor Jerry Sanders, "Level 2 means that the voluntary conservation measures we've been recommending will become require
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