Is owning a home still the American Dream?
“Housing is much more expensive here than it is in so many other markets across America,” Mark Goldman said. “You do see lower homeownership participation rates when you have high-cost housing.”
Article By Phillip Molnar | 6:16 p.m. March 7, 2016
http://www.sandiegouniontribune.com/news/2016/mar/07/generations-zillow-american-dream/
1st Time Homebuyers Get Down Payment Help
First time home buyers can get low interest loans to help them with a down payment. NBC 7’s Consumer Bob reports.
Source: http://www.nbcsandiego.com/on-air/as-seen-on/DOWNPAYMENTHELP4PMPKG030716_San-Diego-371345021.html
What will happen to those Fresh & Easy stores?
Fresh & Easy has disposed of four of its 14 shuttered San Diego County stores, likely leading to a Haggen-style auction in the new year. Mark Goldman, a real estate lecturer at San Diego State University, did not anticipate the Fresh & Easy stores will have trouble selling, even if it seems like the county is saturated with grocery stores.
Fed Raises Interest Rates
It took almost 10 years to do it, but the Federal Reserve raised interest rates. The rate is a small one, only a quarter percent, but financial experts have been talking about it for years.
California home prices, sales cool in August
California’s summer housing rally cooled in August, a research firm said Thursday, as tight supplies kept a lid on sales and more buyers found prices out of reach.
Rise In San Diego Home Prices Slows
Home prices in San Diego fell 0.2 percent in September from the month before, but were up 7.9 percent from the same month last year, according to the Standard & Poor’s Case-Shiller Home Price Indices released last week.
MarketWatch: SDSU Students Awarded 1st Place in NAIOP Real Estate Challenge
Mark Goldman leads his students at SDSU to 1st place in NAIOP Real Estate challenge
Union Tribune: London Group offers bridge to real estate future
Mark Goldman and the London Group appear in the San Diego Union Tribune
North County Times: Foreclosure rate half of what it was a year ago
Mark Goldman predicts that the housing market is bottoming out and that the worst is over.