Comments on: In San Diego County, jumbo loans may hold the key.

By: Sell House Free

Sell House Free — Wed, 02 Sep 2009 09:44:30 +0000

I have doubt about the graph calculations. But yes, that true,if the people are getting 100% finance then absolute person will think again and again to take that. Now a days, to get 100% loan for home is not possible. whatever the credit scores or income. again 0% loan is not existing any more. lower the interest rate with stability in interest will get the deal in more the cases. If the home is pre-approved loan, then the chance of sell is high. this article gives me about one of the key factor which is absolute correct in San Diego. As a part time real estate broker i know it very well.

By: Rick Arvielo

Rick Arvielo — Thu, 27 Aug 2009 15:52:50 +0000

Thanks for the information.

By: Jeffrey Douglass

Jeffrey Douglass — Mon, 24 Aug 2009 23:03:42 +0000

Kris, the San Diego real estate market is split into two, just ran percentage of price reductions in luxury markets vs. lower priced markets. Interesting to see how our higher priced markets fare.

http://www.sandiegolifestyle.info/2009/08/san-diego-luxury-markets-percent-of-price-reductions/

By: Kris Berg

Kris Berg — Mon, 24 Aug 2009 18:41:55 +0000

You are right, and I thought of doing that but ran out of steam. The area under the >20% curve is important, and the message is a bit diluted the way I presented it.

Reminder – The 0% down guy got “private financing,” which probably means a family member.

By: Jakob

Jakob — Mon, 24 Aug 2009 18:29:03 +0000

Maybe a better way to show this data would be a histogram, where you sum all points within a range, like 0-10%, 10-20%, etc. Then the points close together will accumulate, and the message will be clearer…

One person got a 0% down loan? Didn’t think they existed any more.