Think New Patio Doors This Summer

Friday, June 28, 2013

Independence Week In Oceanside


  • Independence Day Parade, Saturday June 29th, 10:00 AM, Coast Highway beginning at Wisconsin to Civic Center Drive
  • Football Season Opener, North County Cobras vs. San Diego Thunder, Saturday June 29th, Oceanside High School, 2:00 PM
  • FREE Concert & Movie, Saturday June 29th, Junior Seau Pier Amphitheater 5:30 PM, Movie - Bring It On at 8:00 PM
  • Oceanside's 125th Anniversary, Wednesday July 3rd, 11:00 AM Civic Center
  • Fireworks Show, Wednesday, July 3rd, El Corazon Site at Rancho Del Oro, 8:00 PM
  • Star Spangled Sunset Market, Thursday July 4th, 2:00-9:30 PM

Friday, June 21, 2013

HOT Items Buyers Are Looking For When Purchasing A Home

Whats HOT? Here is a list of items rated Essential or Desirable by at least 85% of buyers  surveyed:

1. Energy Star-rated appliances
2. Laundry room
3. Energy Star-rating for whole home
4. Exhaust fan in bathroom
5. Exterior lighting
6. Bathroom linen closet
7. Energy Star-rated windows
8. Ceiling fans
9. Garage Storage
10. Table space for eating in kitchen
11. Walk-in kitchen pantry

What's Not? Here is a list of items rated "do not want" by more than 35% of buyers surveyed:

1. Elevator
2. Golf course community
3. High density community
4. Only a shower stall in master bath
5. Mixed use community
6. Gated community with $100-$200 fee
7. Two story family room
8. Wine cooler
9. Wet bar
10. Laminate counter tops
11. Two story entry foyer

Source: National Association of Home Builders (NAHB) Survey, What Home Buyers Really Want


Friday, June 14, 2013

850,000 Properties Bounce Back to Positive Equity

Residential property analytic provider CoreLogic® recently released new analysis showing the market is making big moves, with 850,000 additional residential properties turning to positive equity during the first quarter of 2013.

In addition, the analysis shows good news for mortgages: the total number of mortgaged residential properties standing in negative equity is down by nearly 1 million from the previous quarter, moving from 10.5 million (21.7 percent) at the end of the fourth quarter of 2012, to 9.7 million (19.8 percent) in the first quarter of 2013.

The national aggregate value of negative equity decreased more than $50 billion to $580 billion at the end of the first quarter from $631 billion at the end of the fourth quarter of 2012. This decrease was driven in large part by an improvement in home prices.

Of the 39 million residential properties with positive equity, 11.2 million have less than 20 percent equity. At the end of the first quarter of 2013, 2.1 million residential properties had less than 5 percent equity, referred to as near-negative equity. Under-equitied mortgages accounted for 23 percent of all residential properties with a mortgage nationwide in the first quarter of 2013. The average amount of equity for all properties with a mortgage is 32.8 percent.    READ MORE