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From the monthly archives: May, 2012

We are pleased to present below all posts archived in 'May, 2012'. If you still can't find what you are looking for, try using the search box.

Cash-only home deals hit record levels

From the U-T San Diego’s Lily Leung

Consumers who bought homes with cash had another record showing in San Diego County in May, the latest DataQuick numbers say.

RelatedSingle-family resales at nearly 7-year high

The share of cash deals rose to 33.3 percent, breaking the previous peak of 33 percent set in April. They made up 26.5 percent of all sales a year ago. May’s percentage of cash buyers surpassed that of the Southern California region, which was 31.3 percent.

Those who buy homes with cash are mainly investors, said DataQuick analyst Andrew LePage, but there are other groups, too.

Read More on the UT San Diego Website

Home Buyer Down Payment Assistance Programs

Many prospective home-buyers might not realize that there are a variety of home buyer down payment assistance programs available to help fund their  home purchase.

Home Buyer Down-payment Assistance is available for qualified applicants for the following cities in San Diego County.

  • City of Chula Vista
  • City of Carlsbad
  • City of Santee
  • City of National City
  • City of La Mesa
  • City of San Diego
  • These programs are available only via certified lenders.  Lookup Realty has several certified lender contacts we can refer you to, simply contact us to take next steps.

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