La Mesa, CA Real Estate News

By Barb Fischer, San Diego and La Mesa Real Estate
(Big Block Realty)
Hi La Mesa Neighbors!   Friendly reminder: The Grossmont- Mt. Helix Improvement Association (GMIA) will host a Safety and Crime Prevention Community Forum on Monday, October 21 at 7:00 p.m. at Murdock Elementary School located at 4354 Conrad Drive La Mesa.     The Forum will also mark the launch of a community-wide Neighborhood Watch program.  With the holidays coming, it's always wise to get the latest tips on home safety and crime prevention. We love our neighborhood, and want to keep it safe!   A few safety ideas: Burglars tend to focus on master bedrooms and home offices. Jewelry, laptops, small items that fit into a pillow case are what they’re after. And, yes, they will steal one of your pillow cases to put the loot in.  Rarely do they enter the front door - - it’s usually a windo...
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By Amber Tannehill, Your East San Diego County Specialist
(Amber Tannehill & Associates)
Is it just me, or is the new update just a tad funky?  I downloaded the new iOS 7 update yesterday and so far, I'm not a fan.  Call me old fashioned or resistant to change, ---whatever---I'm just not a fan of the new platform. First of all, I strongly dislike the color scheme.  The flourescent, "vibrant" colors are not my favorite.  This is a personal opinion, yet I have heard it echoed throughout my office. Secondly, my son updated his phone on the same day--within the same hour and somehow, I am getting emails from my son that are associated with my gmail account.  So, for instance, if I send an email to a client from the MLS software, the email is also delivered into my email box except that now it tells me the email is from "Blake"-my son- instead of "ME".  How do I fix this??? It t...
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By Marti Steele Kilby, CRS, Broker/Owner, San Diego, CA
(Steele Group Realty)
Zwei Bier, Bitte!  It’s Time for the La Mesa Oktoberfest!       No German needed when you order your beers at the Lowenbrau beer garden, but the om-pah-pah music and scent of grilled bratwurst might just make you feel like you’re in the middle of Munich at the 40th annual La Mesa Oktoberfest. The La Mesa Oktoberfest is the largest Oktoberfest event west of the Mississippi, and for 3 days you’ll have the opportunity to enjoy one of the county’s biggest block parties.   Beginning on Friday, October 4th and running through Sunday the 6th  come rub shoulders with 200,000 of your neighbors and enjoy 400 food, craft and art vendors and plenty of great live music on the beer garden stage.  The event covers 7 city blocks in downtown La Mesa that are closed to traffic.  Center of the event is ro...
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By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(AmeriFirst Financial Inc, San Diego, CA)
Since the US did not launch a military strike in Syria over the weekend, investors have partially reversed flight to safety trading. This action has helped stocks, but hurt bonds. The end result to mortgage rates this morning was a significant worsening of roughly 0.500 - 0.625 worsening in points/credits. We have slightly improved since this morning's extreme movements. See below charts for details. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easi...
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By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(AmeriFirst Financial Inc, San Diego, CA)
Housing Starts came in close to expectations, while Productivity Data came in higher than expected and Consumer Sentiment lower. There was little reaction to the news. Overall, rates have been on a rough trend, with more forecasted in the coming days. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The Charts Below. Also, make sure to learn THE TOP 10 THINGS TO KNOW ABOUT MORTGAGE RATES (to help ...
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By Marti Steele Kilby, CRS, Broker/Owner, San Diego, CA
(Steele Group Realty)
  6th Annual HeART of Mt Helix         The place to be this Saturday night, August 17 is at the top of Mt Helix for the 6th annual HeART of Mt Helix.  This exciting evening of art, food, drink and entertainment runs from 5:30 – 10:00 pm. and is staged by local volunteers to support the non-profit Mt Helix Park Foundation. The Mt Helix Park Foundation was formed in 1999 to preserve the park, amphitheatre and historic cross.  The Foundation receives no government funding and relies solely on member donations to fund the preservation of this San Diego County landmark.  The park is open from sunrise to sunset and has served as the backdrop to many weddings, sunrise Easter services and other special events. The 2013 HeART of Mt Helix will feature food and drink from over 20 top restaurants a...
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By Barb Fischer, San Diego and La Mesa Real Estate
(Big Block Realty)
  La Mesa Movies in the Park--Free and Fun! Save the date July 26   There’s so much to do this summer in La Mesa!  Join us Friday July 26 for La Mesa’s Summer Movie in the Park at La Mesita Park, 8855 Dallas Street. The fun starts at 7:30 p.m., with a a starlight showing of "Wreck-It Ralph" beginning at 8:00 p.m. You’ll get to watch the movie on a large 25’ x 14’ screen. And for a reasonable price, refreshments will be available. Bring your lawn chairs, a blanket, and some extra snacks.  Arrive early for the best “seats”.  It’s a great way to gather up your friends and family and catch up with your La Mesa neighbors, too.   Wreck it Ralph is a fun uplifting great movie: check out the preview here: Wreck-It Ralph Trailer. If you’d like to see the critic’s opinions: Wreck-It Ralph review ...
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By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(AmeriFirst Financial Inc, San Diego, CA)
Retail sales and jobless claims came in stronger than expected, but with little reaction from Wall Street. A large decline in Japan's stock market has provided a small improvement to Mortgage Backed Securities as a result (after a down day yesterday). This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back nearly 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The Charts Below. Also, make sure to learn THE TOP 10 THINGS TO KNOW ABOUT MORTGAGE RATES (to hel...
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By Marti Steele Kilby, CRS, Broker/Owner, San Diego, CA
(Steele Group Realty)
La Mesa Short Sales     Thus far in 2013, here are the La Mesa short sale numbers; 41 detached homes have closed escrow, and 19 other types of homes, including condos and mobile homes.  This is down considerably since 2012 when for the same period; there were La Mesa short sale closings for 69 detached homes and 31 for other types of homes.   Although these numbers have decreased in the past twelve months, it is likely that short sales will continue to play a significant role in our real estate market.  According to Zillow CEO, Spencer Rascoff, 44% of U.S. homeowners with a mortgage still owe more than their home is worth.  For the thousands of folks that remain underwater, a short sale might be a good solution. If a short sale is an option that you’re considering, you’ve probably heard...
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By Barb Fischer, San Diego and La Mesa Real Estate
(Big Block Realty)
  LA MESA Mt Helix Monthly Market Report for May 2013   In our beautiful Mt Helix community, we’ve seen a few more homes come on the market over the past month; some of this is due to overall rising prices, and the new fact that some homeowners who were underwater with their mortgages, now have enough equity to be able to sell. It’s a very fortunate situation for all, as many of these sellers are downsizing, and by putting their homes on the market are enabling a few more buyers to enjoy a piece of the American Dream of homeownership.   Ending in May, we have 23 active listings, and the averages are as follows: 4 bedrooms, 4 bathrooms, 3564 sq ft, list price $968K, and 55 days on market   Our 3 contingents (short sale listings) have the following averages: 4 bedrooms, 3 bathrooms, 2931 ...
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By Marti Steele Kilby, CRS, Broker/Owner, San Diego, CA
(Steele Group Realty)
La Mesa Short Sale Specialist     For many, selling their home in a short sale has been a solution that immediately put an end to the harassing phone calls and sleepless nights.  As your La Mesa short sale specialist, here are 3 things you might not know:   Relocation Allowance:  Though a relocation allowance cannot be guaranteed, it is not uncommon for the seller to be paid $2,000 – 3,000 by the lender at the close of escrow to help with the costs of moving.  It all depends on who the investor is on the loan.    No Deficiency Judgment:  In California it is against the law for a bank to file a deficiency judgment against you after a short sale when the loan was a first mortgage on a property from 1-4 units.   No Cost to the Seller:  In a traditional equity sale, the seller usually pays ...
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By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(AmeriFirst Financial Inc, San Diego, CA)
We continue our slide upward rate trend with a market opening of 20+ basis points higher than where it closed yesterday afternoon. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back nearly 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The Charts Below. Also, make sure to learn THE TOP 10 THINGS TO KNOW ABOUT MORTGAGE RATES (to help understand the relationship between rates & fees/credits) along with THE TRUTH BEHIND MORTGAGE QUOTES (to better unders...
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By Rachell Lara & A List Properties, A List Properties - San Diego Neighborhood Experts
(eXp Realty / 619.316.7445)
619.316.7445 Rachell Lara, La Mesa Realtor & San Diego Neighborhood Specialist Homes for Sale in La Mesa  La Mesa Real Estate is Picking Up This La Mesa flip sold in under 21 days including escrow time and for over $20k more than originally projected.  Looking for a team to help you take advantage of today's real estate opportunities?   Call us at 619.316.7445 to discuss how we can help you achieve your goals. Thinking now might be the right time to cash out or move up? Or are you are looking for your own home to invest in or looking to buy properties to hold or flip? We look for buyers and sellers every day to help our clients achieve their dreams.   JUST SOLD 4524 Terry Ln, La Mesa, CA Gorgeous Remodel from Top to Bottom Bedrooms: 3 Bathrooms: 2 full Living Area Approx: 1110 List Pri...
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By Marti Steele Kilby, CRS, Broker/Owner, San Diego, CA
(Steele Group Realty)
When Does Marijuana + The DEA + Good Friends = A New Home for My Daughter?   Answer:  Today!! Talk about a crazy way to find a home for first-time buyers!  This is a story I couldn’t have made up…. It all started the last week of December when I was taking an early morning walk at a local lake with a good friend.  I inquired about some mutual friends, and my walking buddy stopped dead in her tracks and said, “You haven’t heard?” Turns out our friends were awakened a few nights earlier by a call from the Drug Enforcement Agency telling them that DEA agents had just kicked down the door of their rental property and raided a major Marijuana growing operation! The entire four bedroom house had been turned into a sophisticated farm for growing and processing Marijuana and hash.  The giveawa...
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By Rachell Lara & A List Properties, A List Properties - San Diego Neighborhood Experts
(eXp Realty / 619.316.7445)
  PENDING Under Contract in Less Than 1 Week   Gorgeous Remodel from Top to Bottom Schedule a Showing Free List of Foreclosed Homes For Sale Avoid Foreclosure What is your home worth? Homes Close to Where You Work Search All Homes For Sale   See Property Details   Call 619-316-7445 for more information on this or any other property.     Visit Property Website       Courtesy: Rachell LaraEmail Me Now619-316-7445License #: 01827266 4524 Terry LnLa Mesa, CA Bedrooms: 3Bathrooms: 2 fullList Price: $Get Current PriceLiving Area Approx: 1110   Gorgeously remodeled 3 bedroom 2 bath one story home only steps away from Rolando Elementary School. Every detail immaculately executed in this new remodel. Completely new kitchen - cabinets, granite countertops, stainless appliances Restored wood floo...
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By Rachell Lara & A List Properties, A List Properties - San Diego Neighborhood Experts
(eXp Realty / 619.316.7445)
619.316.7445 Rachell Lara Real Estate Consultant http://rachelllara.san.exprealty.com/sell.php La Mesa is Your Mortgage Upside Down?-  Underwater Mortgage Solutions Wish you could advantage of these low interest rates and don't think you can because you are upside down on your mortgage? If your home is "underwater" and you've been turned down for a loan modification or refinancing, there's good news. You may qualify for refinancing under the new, enhanced Program: HARP 2.0. Eligible to refinance, regardless of whether you have a previous HARP refinance. † Streamlined appraisal process. Eliminates or reduces some refinancing fees. Refinance to a lower rate, even if you owe more than what your home is worth. Interest on the credit extension greater than the fair market value is not tax d...
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By Rachell Lara & A List Properties, A List Properties - San Diego Neighborhood Experts
(eXp Realty / 619.316.7445)
OPEN HOUSE, February 03, Sunday 11:00 AM - 2:00 AM 4524 Terry Ln, La Mesa, CA Get Directions Click Here Description Photos Maps & Local Schools Virtual Tour $ Click for current price 3 BEDROOMS 2 BATHROOMS (2 full) 1110 Square Feet Gorgeously remodeled 3 bedroom 2 bath one story home only steps away from Rolando Elementary School. Every detail immaculately executed in this new remodel. Completely new kitchen - cabinets, granite countertops, stainless appliances Restored wood floors  Completely renovated bathrooms with ceramic tile and glass tile accents Tile floor in kitchen and bathrooms New carpet  Newly painted New electrical sytems New heating systems New landscaping and hardscaping. Looking for a house that can accommodate some toys, look no more plenty of room for RV, boat or wha...
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By Rachell Lara & A List Properties, A List Properties - San Diego Neighborhood Experts
(eXp Realty / 619.316.7445)
  Gorgeously remodeled 3 bedroom 2 bath one story home only steps away from Rolando Elementary School. Every detail immaculately executed in this new remodel. Completely new kitchen - cabinets, granite countertops, stainless appliances Restored wood floors  Completely renovated bathrooms with ceramic tile and glass tile accents Tile floor in kitchen and bathrooms New carpet  Newly painted New electrical sytems New heating systems New landscaping and hardscaping. Looking for a house that can accommodate some toys, look no more plenty of room for RV, boat or whatever you have. Must see to believe. Call 619.316.7445 now before it is gone.   Free List of Foreclosed Homes For Sale   Avoid Foreclosure What is your home worth? Homes Close to Where You Work Search All Homes For Sale Rachell La...
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By Rachell Lara & A List Properties, A List Properties - San Diego Neighborhood Experts
(eXp Realty / 619.316.7445)
OPEN HOUSE, January 27, Sunday 1:00 PM - 4:00 AM 4524 Terry Ln, La Mesa, CA Get Directions Click Here Description Photos Maps & Local Schools Virtual Tour $ Click for current price 3 BEDROOMS 2 BATHROOMS (2 full) 1110 Square Feet Gorgeously remodeled 3 bedroom 2 bath one story home only steps away from Rolando Elementary School. Every detail immaculately executed from the restored wood floors to completely new kitchen with granite countertops and stainless appliances, completely renovated bathrooms with ceramic tile and glass tile accents. New electrical and heating systems. New landscaping and hardscaping. Must see to believe. Call now before it is gone. Search All Homes For Sale Homes Close to Where You Work Free List of Foreclosed Homes For Sale Avoid Foreclosure What is your home w...
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By Derek McClintock
(C2 Financial)
In what we have been describing as a bear market in bond and mortgage markets, today there is strong selling taking the 10 yr note yield to 1.92% at one point about 8:45 this morning and MBS prices down as much as 40 basis points from yesterday’s 25 bp sell-off. As of 9:00 this morning 20 yr 3.0 FNMA’s were down 55 bp frm the close on  Wednesday. The early trade in the stock market had the DJIA up 24 points at 9:00. The 10 yr note has decidedly broken from its recent trading range, and technically broke out of a coiling pattern that had developed over the past two weeks; making lower highs on selling and higher lows on buying (yield). This morning the break-out is likely to add additional pressure for bonds and mortgages.   More better news from the EU today is adding to the exodus from...
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