San Diego real estate blog - Peter Toner

Proposed being the key word. Congress is actively working on passing legislative that they believe will assist our nation’s housing market and in doing so stimulate the economy.
The conforming loan limit currently is set at $417,000  - anything over that figure is considered a “jumbo loan” at higher interests rates. Although that amount may be [...]

[Read more →]

…. that there are a total of 633 local telecom companies here in San Diego with a total of 25,469 employees? Eighty-nine of these companies were started up by employees of Linkabit - from the original Telecom Company of San Diego founded in 1968. It may not be a name you recognize but you will [...]

[Read more →]

It’s expected, even in “good markets” - December is always a slower time of year for the San Diego Real Estate market. This past December was no exception, the traffic we had to our web and blog sites slowed quite a bit. Many forecasted the diminished activity would o continue through the holidays and on through the beginning months of the [...]

[Read more →]

Fair Isaac Corp has announced that they will be giving a face lift to their infamous creation, the FICO score.  The newer version of the FICO score will be released this spring and will use the same range as its predecessor of 300 to 850, the higher your score the better.  This newer model has [...]

[Read more →]

The New Year is upon us and many potential buyers are contemplating “to buy or not to buy”. As agents we often hear “When is the best time to buy”, “Should I wait till the market drops”, “When would you buy?” To each client the answer may be different dependent on their financial circumstances.
 
Walter Updegrave [...]

[Read more →]

The Mortgage Forgiveness Debt Relief Act, HR 3648, was recently signed into law by President Bush. The bill was originally passed by a strong vote of 386-27 in the House this past October 2007. The House had hoped the bill would cover through 2014 for those who needed it; however, the timeline was shortened to [...]

[Read more →]

Thinking of selling your home or already have your home on the market? We’ve got a few helpful tips and ideas to share with you to make sure that the New Year brings you a successful home sale!
1. Home Inspections - First and foremost have your home inspected. Hire a professional inspector to review your home’s [...]

[Read more →]