Our Blog
Foreclosures Declining in San Diego County
At Rent RPM we are pleased to report that foreclosures are continuing their downward trend throughout San Diego County. This is excellent news for the area and the county as it continues to demonstrate to the region the value of San Diego real estate making it a popular area for investments and other economic growth.…
Read More672 House Subdivision in Carlsbad Approved
In Carlsbad the City Council unanimously approved plans for a 672 home expansion in the Robertson Ranch West Village subdivision. This new development will also include 12 acres of commercial zoning and projects to come to the area. The new subdivision will include roughly 200 acres recently purchased by the developer Toll Brothers, Inc., which…
Read MoreApartment Building Sales on the Rise
Looking over the news of the San Diego Real Estate, the most common reported event are sales of apartment buildings. Looking through the articles of the San Diego Source, the headlines read: MARCH 7, 2014 – Apartments in University Heights sold MARCH 5, 2014 – Apartments in Coronado sold MARCH 3, 2014 – Apartment on…
Read MoreSan Diego Real Estate Value Appreciated Through 2013
The numbers are in and it appears that the real estate market throughout San Diego County displayed strong appreciation value. The average increase in value for real estate was 18% at the end of 2013. This is excellent news for speculative and investment real estate owners, as it shows a strong return on any investments…
Read MoreLuxury Apartment Demand on the Rise
It’s impossible not to notice a change in the quality of rentals while looking through the San Diego County rental market. Whereas the general rule of thumb follows the dictum of Adam Smith – that given the choice people will seek the lowest possible prices in all things – the truth is that there is…
Read MoreHome Sales New Three Year Low
The home market in San Diego might take a hit through the rest of this quarter and into the next as home sales are at a three year low. This news break comes from the San Diego Union-Tribune which notes that this follows the trend in the housing market throughout San Diego County which started…
Read MoreRebounding Market and Unemployment Rates Create Opportunities
Recently the San Diego Union Tribune reported that while the cost of housing was rebounding, with it the affordability of real estate was returning, making it difficult for middle class families to purchase a home. This situation has interesting affects throughout San Diego County and is something that real estate investors should be aware of…
Read MoreNew Federal Rules for Lending Aimed at Reducing Defaults and Lawsuits
The federal government has changed the requirements for mortgage qualifications. This news came out the end of January and signals a change in the processes that have been followed recently for mortgage qualifications. The stated reason for this change is to ensure that people taking out the mortgages will be able to repay them and…
Read More2013 in Review and Predicting 2014
2013 was a great year in the real estate industry throughout all of Southern California, especially San Diego County. Low interest rates combined with limited real estate properties entering the market culminated in increased real estate appreciation. In fact, 2013 was one of the best years for real estate appreciation since the early 2000s. Mark…
Read MoreInterest Rate Increases Could Affect Real Estate Costs
The Federal Reserve Interest Rate is scheduled to increase and with it the real estate market is projected to slow while prices increase. According to Wells Fargo and JPMorgan Chase, the number of mortgages fell dramatically during Q4 2013 as the Federal Reserve Interest Rates rose. According to Well Fargo, new mortgages and refinancings fell…
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