Pugh-Thompson & Associates

For more than 30 years, residents of San Diego County have come to Ruth Pugh for a real estate experience that makes the sale or purchase of a home in this celebrated community something extraordinary. She is an authority on all things real estate, who has personally sold more than $3 billion in her legendary career. Ruth has earned countless awards for her unrivaled service, rising to the pinnacle of her industry when she was named the number one Realtor in the world. It's ...only right to partner with her daughter, Leann Thompson, to help navigate the next 30 years!Leann has sold over $100 million dollars in Real Estate since 2001. She specializes in helping first time home buyers achieve the American Dream, Investing, Building & Renovating San Diego Real Estate. Ruth & Leann are dedicated to helping as many people as she can through their Real Estate profession and giving back every step of the way.Pugh-Thompson & Associates goal is simple... to help you reach yours! #DouglasElliman #PughThompson See more

Things to Avoid after Applying for a Mortgage [INFOGRAPHIC] Some Highlights There are a few key things to make sure you avoid after applying for a mortgage to help make sure you still qualify for your loan at the closing table.... Along the way, be sure to discuss any changes in income, assets, or credit with your lender, so you don’t unintentionally jeopardize your application. The best plan is to fully disclose your intentions with your lender before you do anything financial in nature. See more

Why Right Now May Be the Time to Sell Your House The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), buyer demand across the country is incredibly strong. That’s not the case, however, on the supply side. Seller traffic is simply not keeping up. Here’s a breakdown by state:As the maps show, buyer traffic is high, but seller traffic is low. With so few...

Will Forbearance Plans Lead to a Tsunami of Foreclosures? At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are actively in a forbearance plan. Though 29.4% of those in forbearance have continued to stay current on their payments, many have not. Yanling Mayer, Principal ...Economist at CoreLogic, recently revealed: A distributional analysis of forborne loans’ payment status reveals that more than one third (39.1%) of all forborne loans are now 150+ days... See more

Selling Your House Is the Right Move, Right Now [INFOGRAPHIC] Some Highlights Demand from homebuyers has skyrocketed this year, which means today’s sellers are poised to win big. This ideal moment in time to sell your house won’t last forever, though. With more sellers coming to the market in the spring, waiting until next year means buyers...

Home Values Projected to Keep Rising As we enter the final months of 2020 and continue to work through the challenges this year has brought, some of us wonder what impact continued economic uncertainty could have on home prices. Looking at the big picture, the rules of supply and demand will give us the clearest idea of what is to...

4 Reasons People Are Buying Homes in 2021 According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many of us spend extra time at home, we’re reevaluating what home means and what we may need in one going forward. Here are 4 reasons people are reconsidering where they live and why they’re expecting to buy a home this year. ... 1. Record-Low Mortgage Interest Rates In 2020, the average interest rate for a 30-year fixed mortgage hit a record low 16 times, continuing to fall further below 3%. According to Freddie Mac, the average... See more

Why Today’s Options Will Save Homeowners from Foreclosure Many housing experts originally voiced concern that the mortgage forbearance program (which allows families impacted financially by COVID to delay mortgage payments to a later date) could lead to an increase in foreclosures when forbearances end. Some originally forecasted that up to 30% of...

Americans Are Gaining Confidence in the Economy The September Jobs Report issued by the Bureau of Labor Statistics reported that the unemployment rate dropped to 7.9%. Though that percentage is well below what experts projected earlier this year, it still means millions of people are without work. There’s no way to minimize the tremendous...

Real Estate Continues to Show Unprecedented Strength This Year The 2020 housing market has surpassed all expectations and continues to drive the nation’s economic recovery. The question is, will this positive trend continue throughout the rest of the year, especially given the uncertainty around the current health crisis, the upcoming election, and...

What Does 2021 Have in Store for Home Values? According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates. As CoreLogic explained: Home price growth remained consistently elevated throughout 2020. Home sales for the year are expected to register above 2019 levels. Meanwhile, the availability of for-sale homes has dwindled as demand increased and coronavirus (COVID-19) outbreaks continued across the country, which delayed some...

How to Prepare for a Bidding War [INFOGRAPHIC] Some Highlights With so few houses available on the market today, being ready for a bidding war is essential for prospective homebuyers. From pre-approval to making your best offer, here are three tips to make sure you can act quickly and confidently when you find the perfect home...

Do You Need to Know More about Forbearance and Mortgage Relief Options? Earlier this year when the nation pressed pause on the economy and unemployment rates jumped up significantly, many homeowners were immediately concerned about being able to pay their mortgages, and understandably so. To assist in this challenging time, two protection plans were put into place...

Reasons to Hire a Real Estate Professional [INFOGRAPHIC] Some Highlights Choosing the right real estate professional to work with is one of the most important decisions you can make in your homebuying or selling process.... The right agent can explain current market conditions and break down exactly what they mean for you. If you’re considering buying or selling a home this year, let’s connect so you can work with someone who has the experience to answer all of your questions about pricing, contracts, negotiations, and more. See more

The #1 Reason Not to Wait to List Your House for Sale Many industries have been devastated by the economic shutdown caused by the COVID-19 virus. Real estate is not one of them. Mark Fleming, Chief Economist for First American, just reported: Since hitting a low point during the initial stages of the pandemic, the only major industry to...

Do You Have Enough Money Saved for a Down Payment? One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief, you don’t always have to put 20% down to buy a house. Here’s how it breaks down. A recent survey by Point2Homes mentions that 74% of millennials...

6 Reasons You’ll Win by Selling with a Real Estate Agent This Fall There are many benefits to working with a real estate professional when selling your house. During challenging times, like what we face today, it becomes even more important to have an expert you trust to help guide you through the process. If you’re considering selling on your own, known in...

Thinking of Moving? [INFOGRAPHIC] Some Highlights If you’re ready to sell your house but you’re worried about finding one to move into, why not invest in a brand-new home built just for you? New construction is on the rise, so it’s a great time to think about a custom home to fit your family’s changing needs...

Should You Buy a Retirement Home Sooner Rather than Later? Every day in the U.S., roughly 10,000 people turn 65. Prior to the health crisis that swept the nation in 2020, most people had to wait until they retired to make a move to the beach, the golf course, or the senior living community they were looking to settle into for their later years in life...

If you're ready for luxury you will want to check out this beautiful contemporary new build. This home sits above Pacific Beach and offers gorgeous unobstructed 180 degree views. You can see everything from the downtown skyline to the beach, bay, and beyond. All three levels of this home are bright, airy, and open. European oak floors and cabinetry give this property an extra level of class along with the Viking Professional kitchen appliances, designer finishes throughou...t AND an ADU on the lower level that includes a private entry. . . . If you are interested, shoot me a DM to schedule a private showing, this stunning home is sure to sell fast! Listing agent: Mia Sher

A Homeowner’s Net Worth Is 40x Greater Than a Renter’s One of the best ways to build your family’s financial future is through homeownership. Recent data from the Federal Reserve indicates the net worth of a homeowner is actually over 40 times greater than that of a renter. Maybe it’s time to start thinking about buying a home, especially when...