by Nick Zamonis | Jun 17, 2020 | Mortgage Loans, Real Estate, San Diego Market
San Diego is one of America’s top four luxury home markets (the others being Malibu, CA; Austin, TX; and Arlington, VA). Affluent home buyers love the San Diego lifestyle, culture, and economic landscape. You may have read about some of San Diego’s... 
by Nick Zamonis | May 13, 2020 | Real Estate, San Diego Market
COVID-19 and the CARES Act The COVID-19 pandemic has resulted in unprecedented financial losses for many. To date, the United States has shed more than 20 million jobs, and the unemployment rate is 14.7%. Subsequently, millions of homeowners are unable to make their... 
by Nick Zamonis | Apr 20, 2020 | Real Estate, San Diego Market
Where Are We Now? One thing is clear: COVID-19 is certainly impacting the California housing market. In February 2020, the median price of a home in San Diego and the Bay Area was $518,000. The market was strong, and supply and demand levels were comparable with that... 
by Nick Zamonis | Mar 12, 2020 | Real Estate, San Diego Market
By all indications, 2020 may just be a watershed year for San Diego. As of this writing, several exciting development projects are in the pipeline. Recent projects that have contributed to San Diego’s status as a major economic hub include the North Embarcadero... 
by Nick Zamonis | Feb 11, 2020 | Real Estate, San Diego Market
Home equity growth is a major wealth creator in America and particularly in California. Recent reports show equity growth is high and will continue to rise in San Diego. This bodes well for homeowners, first-time homebuyers, and real estate investors. What Are... 
by Nick Zamonis | Jan 16, 2020 | Real Estate, San Diego Market
According to the New York Times, the housing crisis in California is driving up the national homelessness rate. At present, housing experts estimate that the state is suffering a shortage of up to four million homes. However, there’s good news. In 2019,... 