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Tony’s Video Tells All

Drop in Housing Prices Continues to Slow

“Housing prices of 20 cities were flat from July to August, according to the latest S&P/Case-Shiller housing index.”

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Upside Down on Your First House? Just Buy a Second One!

“Oddly, the best way to deal with being upside down on your home mortgage may be to just go out and buy a second house.”

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Trifecta of keeping the housing bubble inflated in pocket markets –Senate votes to reinstate big loan limits, pushes visas for wealthy foreign home buyers, and artificially slams rates lower to hammer savers.

“It should be abundantly clear and obvious that the government and Wall Street want nothing more than to keep home prices inflated and are sticking out a giant middle finger to the majority of Americans.”

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San Diego home prices slip in August, Case-Shiller says

‚ÄúSan Diego home prices fell in August and are still below year-ago levels, following four straight months of gains during the spring buying season, Tuesday’s S&P/Case-Shiller home price index said.‚Äù

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How do San Diego home prices compare to nation’s?

“Eighteen of 20 major metro areas tracked in the S&P/Case-Shiller Home Price Index posted year-over-year drops in home price for August, and San Diego County was among the 18, a Tuesday report said.”

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Investors forecast weak property market: survey

‚Äú(Reuters) – U.S. commercial real estate investors believe occupancy and rental rates in most U.S. markets will stay soft in 2012, but competition to buy property in a handful of promising areas could get dangerously hot, according to an influential survey released on Wednesday.‚Äù

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Some home prices rising, but not in S.J.

“Home prices rose in August in half of major cities measured by a private survey, a sign that prices are stabilizing in some hard-hit portions of the nation.”

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REAL ESTATE: After refinancing, next step principal reductions?

“Allowing more people refinance who owe more on their homes than the homes are worth will make it easier for them to make their monthly mortgage payment and maybe have a bit more money left over to spend that will help prop up a faltering economy.”

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Distressed home sales gumming up market

“Market insiders had envisioned that the housing market would be well on its way to recovery by now.”

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Apartment hunting is hardest in Buena Park

“If you were looking for an apartment in a large Buena Park complex last summer, you likely had a pretty hard time finding one.”

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