San Diego real estate blog - Peter Toner

With all the stipulations to Fannie Mae and Freddie Mac loans, many are now feeling frustrated with the loan approval process. There is one type of loan that often gets underestimated and it’s the good ol’ VA loan.
If you are active or retired military, or have served with the National Guard or Reserves don’t [...]

[Read more →]

Data Quick Reports for April 2008 show an increase in sales by 22% in Southern California compared to home sales in March of 2008. Last March sales for new and resale homes as well as condos totaled 12,808, this April those same sales hit a total of 15,615… that’s where the 22% comes in. The [...]

[Read more →]

The rumor is true. Fannie Mae has done away with their previous high          down-payment requirements for distressed markets. They are now          accepting down-payments from 3-5% for all loans that it guarantees for homes in areas of declining value! Fannie Mae hopes that in changing their down-payment policy it will in turn encourage those buyers who [...]

[Read more →]

Just as you are probably saying right now we too said, “What?” Could it be that the media has finally decided to portray the housing industry in a positive light?? Well now let’s not get ahead of ourselves…notice the key words “Start Your Engines,” as you can see there is no advice to start a road [...]

[Read more →]

A recent article online at RISMedia provided some very valuable information regarding recent guideline changes for Fannie Mae loans… We have posted the full article below for your review. The fourth change will come as “good” news to those considering purchasing a home in San Diego. If you have any questions on the material feel [...]

[Read more →]

You have to wonder what an agent was thinking when they posted this picture on the MLS …

To be continued !!

[Read more →]

The chart above had writers on Wall Street Journal’s website buzzing this week about whether or not it’s a sign our housing market has bottomed…. and will it now begin to slowly recover?
How you ask? Well… the chart above was created by one of the housing market’s leading experts, Professor Karl E. Case, who has [...]

[Read more →]

This Saturday May 10th, marks the First Annual San Diego Home Expo 2008, being held by San Diego Association of Realtors and San Diego County’s Building Industry Association. The San Diego Home Expo’s goal is to inform the consumer on important things they should know about buying a home, selling a home, as well as [...]

[Read more →]