How Are San Diego Houses Selling?
The San Diego real estate market in the Fall 2009 continued to show early signs of recovery. The median price of houses sold in October 2009 increased 2.9% from the median price a year earlier. This was the first time since June 2006 that the median price increased over a 12-month period. The price appreciation […]
Prices of San Diego Homes Diverge
More experts are calling a bottom to the San Diego real estate market. On Saturday the San Diego Union Tribune featured a quarterly report by MDA DataQuick which showed price increases in 8 of 56 neighborhoods during Third Quarter 2009. The largest increase was in West Escondido (zip code 92029) where the median price of […]
La Jolla Homes Most Pricey In U.S.
The San Diego Union Tribune released an article today saying that La Jolla is the most expensive housing market in the United States, for the second year in a row. La Jolla is a wonderful place to live, and homes there are expensive, but even here in San Diego there are neighborhoods that where house […]
MIA San Diego Foreclosure Properties
Last week the San Diego Association of Realtors hosted their annual regional real estate summit, where National Association of Realtors economist Lawrence Yun was the keynote speaker. Mr. Yun’s address sent mixed signals. He began by saying on the one hand that he thought that the media has overstated the extent of the positive news […]
San Diego Homes More Affordable
San Diego’s home affordability index increased to the highest level in years in the second quarter of 2009. This was good news for first-time home buyers who managed to realize their dream of home ownership. The median price of homes in San Diego CA was $295,000 in the second quarter 2009, down from $369,700 in […]
Luxury Homes In Rancho Santa Fe
My recent blog posts have discussed the resurgence of demand and the stabilization of prices of entry-level and mid-level homes in San Diego, CA. This post discusses the market conditions for upper-end San Diego luxury homes and estates. The upper end homes in San Diego are staying on the market longer, and sellers are finding […]
Water Rules For San Diego Homes
Effective today, the City of San Diego has implemented a Stage 2 Water Alert. This will have a major impact upon owners of San Diego luxury homes. Water conservation methods which had been voluntary are now mandatory. The new rules include restrictions on when to water and how much to water house lawns, restrictions on […]