Real Estate Expo - May 10th

Buying, Selling, Remodeling? The San Diego Association of Realtors will be hosting the Real Estate Expo on Saturday May 10th from 10 to 6 at the San Diego Convention Center. For a complete list of Exhibitors and Speakers, visit www.SDARExpo.com.

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Give Your Home More Curb Appeal

Invasive procedures aren’t always necessary. Just adding the right accents can transform your home’s outer look - not unlike a pair of stylish new specs or a good haircut.

Replace light fixtures and hardware. Lose generic shiny brass or black house numbers, mailbox and porch lights (especially bare-bulb fixtures) and substitute something unique and substantial, perhaps made of antiqued copper, bronze or brushed nickel ($20 to $75 each).

Plan for a nonstop flower show. Most of the flowers in your yard probably bloom in the late spring, which makes for a beautiful May - or whenever the big show happens in your climate - but leaves you with a bland yard for the other 10 or 11 months of the year.

Add color. A paint job ($2,000 to $10,000) in pleasing hues can make any structure appealing. “But don’t choose a bright, high-contrast color scheme - that only exaggerates a house’s flaws,”.

For a FREE property market analysis, visit www.BugRealty.com today.

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Fed Cuts Rates

The Federal Reserve cut its key interest rate by a quarter percentage point Wednesday, but the central bank’s statement signaled it may be the last rate cut for at least a while.

The cut took the federal funds rate, the key overnight rate at which banks loan money to one another, to 2%. It had been at 5.25% as recently as September, when the Fed started slashing rates in an effort to spur the economy and keep the nation out of recession.

The fed funds rate, as it is more commonly known, is a benchmark for home equity lines of credit, credit cards and other consumer loans as well as the prime rate used for short-term business loans.

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Coronado Market Update

Prices rebound for the Shores but not the Village.

Village - Detached Homes
Jan-Mar 2007 $1,650,024
Apr-Jun 2007 $1,724,032
Jul-Sep 2007 $1,761,393
Oct-Dec 2007 $1,837,291
Jan-Mar 2008 $1,514,166

The Shores
Jan-Mar 2007 $1,505,250
Apr-Jun 2007 $1,453,900
Jul-Sep 2007 $1,296,250
Oct-Dec 2007 $1,386,333
Jan-Mar 2008 $1,567,500

For a FREE Market Analysis or to see the Latest MLS Listings, visit our Website at www.BugRealty.com or email Tisha Trites at Tisha@BugRealty.com

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Blog Probes Real Estate Models

www.REALonomics.net is a blog that is asking serious questions about where the real estate industry is going. More specifically, REALonomics poses challenges to the broker/owners to adopt models that will allow their organizations to become more transparent.

REALonomics.net advocates that the industry open up the property information portals to consumers and upgrade its approach to how it is interacting with the consumer by implementing more social networking such as www.CityBlogUSA.com, a community blogging network for every city in the USA.

Visit www.REALonomics.net.

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Condos in Town?

Are there any condo projects in Coronado, California and are there any that are on golf courses? What is the condo price range? Are there any age restricted condo communities?

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Real Estate Companies

Coronado has a lot of real estate companies. Which one is considered the best company according the Coronado, California residents? Who are the best real estate agents in Coronado, California? Historically, which company has been there the longest? Do any of the real estate companies also have title and mortgage companies?

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Foreclosures in Town?

Can anyone speak to the issue of foreclosures in Coronado, California? Foreclosures are up around the country due to the sub-prime lending practices. Is there any foreclosure impact on real estate in Coronado?

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