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Real estate investment is a complex financial industry that relies on numerous factors to bring to profitable fruition. One of the biggest challenges a real estate investor faces is in knowing whether or not to invest in individual homes, large apartment complexes, condos, etc.  And looking at the data from Q4 2013 and the dawn…

2013 is over with a new year dawning heralding new changes to the real estate market of Southern California and in particular San Diego County.  Now that it is past, 2013 brought a lot of changes and mostly normalizing effects to San Diego County, especially when compared to other markets in the state and nation…

Looking outward from San Diego, the national real estate trend is toward balance.  The gap between buyers and sellers are diminishing and the market is pushing toward equilibrium.  This is a welcomed change from the last five years which have been topsy-turvy and chaotic in the real estate market nationally and in San Diego County.…

Property tax increase will be less than 0.5% starting 2014.  San Diego County Assessor Earnest Dronenburg stated that property taxes will increase by .0.45% throughout the county.  The 0.45% increase is less than a quarter of the increase from the previous property tax evaluation of 2013.  In San Diego County the tax rate is tired…

Good news for the real estate market in San Diego County: the foreclosure rate is at nearly eight year low.  For one of the first time since the beginning of the 2008 housing market bust, foreclosure notices have dropped below those in 2005.  At Rent RPM, North San Diego County real property management specialists, we…

On December 16th, the San Diego Union-Tribune reported that fewer homes were sold in San Diego County during November than in previous months; however the median price of the homes increased.  Before November the average price of a home was $412,750 and during November the reported average was $415,000 according to their source DataQuick.com.  The Union-Tribune…

San Diego County received encouraging news this week when the state Employment Development Department released employment data and the unemployment rate is at a 7% which is the lowest it has been in three years. In October San Diego employers added 10,800 jobs and annual growth was up to 1.8%.  This places San Diego ahead…

Reports earlier this year from ABC 10 News reported that the average mortgage rates have increased by 4.57%.  Since May of this year, the average mortgage rate has increased by almost a full percentage point.  It appears as if the cause of the increase is due to a combination of factors, including Federal Reserve rates, the…

Interesting news from the Department of Revenue and Taxation’s Real Property Tax collections uncovered that the IRS lost $15.7 million in “unrealized, lost and forgone tax revenues” with as much as $14 million lost because of “an outdated valuation system”.  This report was released from the Department of Public Works and Land Management late August…

Welcome to the RPM Blog Welcome to the Real Property Management blog.  This is the first of what will be a continuing weekly blog on the news and activities in the property management industry.  At RPM, we operate in the North San Diego County property management industry.  We help property owners manage through a suite…