Blog

March 31, 2020
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For Sale in Allied Gardens

Welcome to this move-in ready upgraded single level centrally located in desirable Allied Gardens.  This charming home comes with granite countertops, stainless steel appliances, dual paned windows, beam ceilings, master bedroom with direct access to the patio with mountain views. Optional 4th bedroom or family room. The yard has fruit trees and a storage shed.  VA and FHA welcome. Make it yours today! Take the Video Tour by clicking HERE. Property Information […]
March 6, 2020
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For Sale in Bankers Hill

Awesome opportunity to live one block away from Balboa Park.  Laurel Bay is located in the heart of Bankers Hill. This top floor studio is one of the least expensive properties on the market and offers Bay and City views, a private patio, bay window with shutters, Murphy bed, cozy fireplace, walk-in closet A/C, in-unit W/D. Enjoy the amenities this complex offers: pool, spa, gym, billiards, game room, piano bar & […]
March 5, 2020
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Ocean Beach family discovers scammers put house up for rent

This is a disconcerting story that just happened in our area. An Ocean Beach family found that their home was listed for rent on Zillow and Trulia without their knowledge. Learn what happened, and learn how to protect yourself from internet and rental scams. Read the full article and watch the news clip here. Get tips to avoid internet scams and fraud.
February 27, 2020
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Mortgage Rate Trends from the 1970s to 2020

Read the full Value Penguin article here: Since 1971, historical mortgage rates for 30-year fixed loans have hit historic highs and lows due to various factors. Using data from Freddie Mac’s Primary Mortgage Market Survey (PMMS), we’ll do a deep dive into what’s driven historical mortgage rate movements over time, and how they affect buying or refinancing a home. In 1971, the same year when Freddie Mac started surveying lenders, […]
February 14, 2020
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Downtown San Diego Condo for Sale

This Little Italy beauty located in highly desirable Aqua Vista complex is walking distance to all that Downtown offers.  This 2 bedroom boasts upgrades throughout including new flooring, new paint, new pendant lighting, quartz countertops, newer stainless appliances, walk-in closet with organizers, washer/dryer and floor to ceiling windows.  Dog-friendly, valet parking, gym, BBQ area, pool, spa and 24 hour security.  FHA and VA Approved! Make this gem yours today! Property […]
November 4, 2019
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Additional information on California’s Tenant Protection Act of 2019

For the complete article on the Apartment Owners Association of California, Inc. , please click here:   What you need to know about the “Tenant Welfare Act” of 2019, by Dennis Block. California’s attempt at stabilizing the rental market with the passage of the Tenant Protection Act of 2019 will soon prove to be a failure of epic proportions. Proponents of this bill argue that rent control is needed to maintain some degree […]
October 11, 2019

AB 1482 Signed into Law: Find out what Rent Control means for you.

At a signing ceremony in Oakland on October 8, Governor Gavin Newsom signed AB 1482 – Rent Caps and Just Cause. If you are confused about how this new law may affect rental property that you own, please contact us at Pasas Property Management.  Here are some basics you need to know: Rent increases in any 12-month period will be limited to 5% plus the change in inflation from April 1 of […]
September 15, 2019
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California housing affordability dips in second quarter

The California Association of Realtors recently reported on California housing in Q2. Here are some of their findings:  Thirty percent of California households could afford to purchase the $608,660 median-priced home in the second quarter of 2019, down from 32 percent in first-quarter 2019 but up from 26 percent a year ago. A minimum annual income of $122,960 was needed to make monthly payments of $3,070, including principal, interest and […]
August 28, 2019
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California home sales up in July

California home sales perk up in July for first time in more than a year, C.A.R. reports – Existing, single-family home sales totaled 411,630 in July on a seasonally adjusted annualized rate, up 5.6 percent from June and up 1.1 percent from July 2018. – July’s statewide median home price was $607,990, down 0.4 percent from June and up 2.8 percent from July 2018. – Year-to-date statewide home sales were down 4.9 percent […]
August 21, 2019
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HUD to announce long-awaited FHA Condo Rules

The U.S. Department of Housing and Urban Development is expected to release updated guidance on FHA-insured condominium financing. The new rules should benefit real estate purchasers by allowing more buyers to obtain low down-payment mortgages on affordable housing options. Specifically, the new rules will: Extend FHA certifications on condo developments from two years to three years, reducing the compliance burden on condo boards. Allow for single-unit mortgage approvals—often known as […]