William Johnson

January 2011 San Diego Median Home Price Drop

William Johnson — Fri, 18 Feb 2011 18:42:00 GMT

January 2011 San Diego Median Home Price Drop

San Diego Median Home Price Drops

While it is not unusual to see sales activity drop in our housing market over the winter holidays , median home prices for December was robust in comparison but our new year sales for January were somewhat disappointing.

At the end of November 2010, the median home price all all homes sold was $330,000 for the county. In December 2010 the median was $333,000 but a drastic drop in that number by the end of Jan to $304,000 indicates the still strong influence of the distressed segment of the market which is greater than was expected.

Other experts still contend these new numbers were as much a reflection of the general sluggishness of the holiday period. While the experts disagree about what most influences the change, the numbers themselves reflect the current market and we will have to wait for a trend to occur before speculating further.

The Year over Year figures are as follows:

Median Price January 2010 December 2010 January 2011 Year over Year % Change

Single Family $345,000 $360,000 $350,000 1.40%▲

Condos $201,000 $212,000 $200.000 .72%▼

       New Homes            $406,000                 $500,000                     $398,000                        1.80%▼
     _________________________________________________________________________________________
   SD County    $305,000                 $333,000                     $304,000                          .30%▼

Sales January 2010 December 2010 January 2011 Year over year % Change

Single Family 1403 1927 1364 2.8%▼

Condos 735 935 746 1.5%▲

       New Homes              184                         329                              138                               2.5%▼
      ________________________________________________________________________________________
       SD County               2322                       3191                            2248                              3.2%▼

Source: Data Quick Information Services/ Union Tribune

If you are Buying, Selling or Relocating to San Diego and need help from a professional REALTOR®, give me a call or visit my San Diego Real Estate website and
sign up for Listing alerts for your favorite San Diego
Home and Condominium Property Searches.

I specialize in Single Family Homes and Condominiums
throughout the coast and inland areas of San Diego.

William Johnson, Certified Residential Specialist

Need Help and Guidelines for Buying or Selling a Home ? Search for Homes and Condominiums in San Diego County. " Voice of San Diego Real Estate Blog "

California Announces Program to Help Distressed Homeowners

William Johnson — Fri, 18 Feb 2011 18:10:00 GMT

New California Program to Help Distressed Homeowners In a Big Way!

The California Housing Finance Agency approved 4 new mortgage-aid programs to help the guesstimated 100,000 plus households to prevent foreclosure all organized and operated within the overall state housing program. The program " Keep Your Home California" is now available to those distressed homeowners that qualify. For specific details, visit the California Housing Finance Agency online and click on the Keep Your Home California Foreclosure Prevention link. When you get to that page click on Eligibity button at the top and fill out the answers and submit and you will be directed further.

In a nutshell, here is the general information you need to better understand this program and it's objectives and first understand that there is a 2 Billion Dollar fund available to Californians from the US Treasury's "Hardest Hit Fund" that will be used to implement this program.

This money is available to all owner occupied primary property holders that are in distress in the state of California. If this program is a success, communities all over the state will be benefited and this will further help stabilize the overall real estate market in California.

The 4 four Key components of the "Keep Your Home California" are as follows:

1. It can provide up to $3000 per month for unemployed homeowners in a distress situation.

2. For those that are behind in payments and qualify for the program, the program can provide up to $15,000 in funds to bring your mortgage current.

3. The program can provide capital to cut the overall loan balance where the current market value is less than the current mortgage amount.

4. The program can provide relocating assistance to homeowners that have already completed Short Sale or Deed-in-lieu-of Foreclosure.

If you are a distressed property owner in the State of California, it would most certainly be in your best interests to check this out as soon as possible. 2 Billion may sound like a lot but these funds will go fast so make that call today or go online and follow the links that I provided for you.

I specialize in Single Family Homes and Condominiums
throughout the coast and inland areas of San Diego.

William Johnson, Certified Residential Specialist

Need Help and Guidelines for Buying or Selling a Home ? Search for Homes and Condominiums in San Diego County. " Voice of San Diego Real Estate Blog "

San Diego Real Estate – San Diego Median Price Home Increased in June 2009

William Johnson — Wed, 19 Aug 2009 19:39:00 GMT

San Diego Median Price Home Increased in June 2009

The median price of single family detached homes that sold in June was up 7.7 % over May to $350,000. This median price though is down 13.6% from a year ago.

The Condo market faired equally well with a 5.5 % percent gain the median price but reflected a 19% drop over the last year.

The new construction sales of homes and condos did not fair as well with a drop in the median price of 4.3 % with a median value of $455,500. Over the last year the median price of new construction shows a 7% decrease.

If you are Buying, Selling or Relocating to San Diego and need help from a professional REALTOR®, give me a call or visit my website and sign up for Listing alerts for your favorite San Diego Homes and Condominiums Property Searchs. I specialize in Single Family Homes and Condominiums throughout the coast and inland areas of San Diego. Some of the communities are La Jolla, University Town Center, Bay Park, Mission Valley, Pacific Beach, Scripts Ranch, Poway, Carmel Mountain Ranch, Rancho Bernardo, Rancho Penasquitos,Carmel Valley and Solana Beach. If I didn’t mention a city or community that you are interested in, just let me know and I will find you an expert for that community as well.

Need Help and Guidelines for Buying or Selling a Home ? Check out my new ” Voice of San Diego Real Estate Blog “

Townhouse For Sale in Mission Valley

William Johnson — Tue, 04 Aug 2009 06:00:00 GMT

Garden Oasis at University Caynon West

• 1,260 sq. ft., 3 bath, 2 bdrm townhouse - MLS® $460,000 - VRL $420,000- $460,000

Mission Valley, San Diego - Outstanding Townhome Community located on the Tecolote Canyon, directly behind the University of San Diego. The townhome features a unique and gorgeous Garden Oasis in its exclsuive use back yard and patio area. Features include Lush Hillside with Waterfalls into a beautiful Lily Pond with lily pads and beautiful fish. Large free form patio with stone-look finish amidst a true Gardener's Paradize! Equally appealing interior with island flavor! Beautiful wood flooring, Custom wall finishes , Formal Dining Room, Soaring Ceilings, and so much more.

Property information