San Diego State University Real Estate lecturer Mark Goldman points toward a limited amount of inventory caused by increased rentals as one of the biggest problems. NBC 7’s Consumer Bob explains.
Home Prices Skyrocketing, Driving Rent Prices Up in San Diego County
It’s becoming more difficult to buy a home in San Diego County. NBC 7’s Megan Tevrizian tells us why the market is booming and what is means for first-time home buyers.
Source: http://www.nbcsandiego.com/video/#!/on-air/as-seen-on/Home-Prices-and-Rent-Going-Up-in-San-Diego-County/377520251#ixzz47cCKAtzO
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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
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.
Mortgage Interest Deduction Important?
Rising interest rates continue to take a toll on mortgage applications, and now maybe a bigger threat over the housing recovery. diana has the details for us. reporter: that’s right, bill. rising rates continue to turn more borrowers away. mortgage applications fell 4% last week from the previous week as the rate on the 30-year fixed rose yet again. take a look. applications to refinance down 4.4% to a two-year low.
NBC San Diego: SD Housing Market Bouncing Back
San Diego’s housing market has bottomed and has experienced modest sustainable growth.
That’s according to Mark Goldman at the SDSU School of Business. His perspective follows Tuesday’s news that Goldman Sachs is seeing signs of a “strong” housing recovery.
NBC San Diego: Why Now May Be Time to Buy a New Home
Angela Hamann, a San Diego realtor, tells NBC 7’s Consumer Bob that people need to be quick in order to get the best deal for housing.
NBC San Diego: Credit Score Secret – Pay on Time
“That late payment alone may make it that you are not able to refinance for a while,” said real estate consultant Mark Goldman. The San Diego State University lecturer says the longer you wait to pay the bigger the impact on your financial future.
NBC San Diego: Banks Urged to Pay for Foreclosed Home Maintenance
Mark Goldman comments on a proposed ordinance aimed at urging banks to pay for foreclosed home maintenance.