Market News
Condos, Lofts and Penthouses for Sale
Downtown San Diego Real Estate News
The following section of the website is devoted to news articles that have information or an impact on the Downtown San Diego Real Estate Market. I always tell clients to not “take my word for it”. I encourage clients to do their own research and form their own opinions. These are the same resources that I refer to, in order to collect my opinions and facts on the state of the Downtown Market and lifestyle. In this section, it is our opinion that the articles we include do not only present one side of the story. We include EVERY interesting article that we find not only the ones that shed a positive outlook on the state of the Downtown Market. For your organizational convenience, we have separated the articles into three sections: Downtown, San Diego County, and National Real Estate/Urban Living General. Many of these articles are used in our blogs and monthly newsletters to stimulate thought and debate.
Please feel free contacting us should you have any questions, comments, or opinions on any of the follow articles. We have done everything possible to make this an interactive site for Buyers and Sellers of Downtown Real Estate. To that commitment, please let me know if you have come across an article (published or personal) that you feel needs to be included on the website. If Downtown is, or is going to be your home, then let us share your information with the Downtown San Diego Urban Community!
2011-09-26 Should you refinance your mortgage?
Home loan rates in the U.S. have fallen to historically low rates and may even drop further down. Question is…should you refinance your mortgage?
Read the Article
2011-09-25 The newest threat to home prices
The debate about how to address the nation’s escalating national debt has dominated the conversation in Washington lately. What isn’t getting much attention but should is a looming event that could have major consequences not only for your home’s value but also for the overall economic recovery.
2011-09-24 Downtown San Diego Stadium/convention center comparison requested
Convention uses could be included in new stadium instead of in a convention center expansion in Downtown San Diego.
2011-09-21 The newest threat to home prices
The debate about how to address the nation’s escalating national debt has dominated the conversation in Washington lately. What isn’t getting much attention but should is a looming event that could have major consequences not only for your home’s value but also for the overall economic recovery.
2011-09-19 Title fees are hard to swallow when refinancing mortgage
Low interest rates have spurred many homeowners to refinance. And each time, title firms cash in. Although the fees seem unfairly high, regulators have done little about an industry dominated in California by just four companies.
2011-09-17 San Diego housing market August
See housing prices for August for Downtown San Diego.
2011-09-16 When will home prices raise back up?
The American housing market is still down and the economists expect are expecting prices to fall another 5 to 10% in many places including Downtown San Diego.
2011-09-15 Many home owners hampered by high interest rates
22.5% of all residential properties with a mortgage were in a negative equity position at the end of the second quarter 2011. This is a total of 10.9 million homes.
2011-09-14 Should U.S. government be involved in the mortgage industry?
Housing policy experts testified Tuesday on whether a government guarantee is necessary to keep the mortgage market afloat. It’s an ongoing conversation on the future of the mortgage entities Fannie Mae and Freddie Mac.
2011-09-12 Will push to maintain mortgage caps bear fruit?
Time is running out for Congress to decide whether to block a scheduled drop in the maximum size of government-backed mortgages, and some House lawmakers are calling for quick action.
2011-09-10 Obama pledges to work on broad refinancing
President Obama said Thursday that his administration would work with federal housing agencies to help people refinance at lower interest rates.
2011-09-08 State sees first bump in property assessments in three years
The value of taxable property in California has increased after two straight years of drops, the state Board of Equalization said this week.
2011-09-06 10 metros with greatest 5-year gain in real estate values
Online real estate valuation and search company Zillow has calculated the 10 U.S. metro areas that have experienced the largest gains in home values over the past five years, based on the company’s home-value estimates and its Zillow Home Value Index, which is generated from those value estimates.
2011-09-05 White House forecasts high unemployment through 2012
The White House issued a new assessment that predicted continued high unemployment through 2012. The jobless rate is expected to end this year at 9.1 percent and average 9 percent next year. On the bright side, a double-dip recession isn’t predicted.
2011-09-04 Australian architect propose new plan for Charger Stadium
New plan would create a park like space bridging the blocks between Petco Park, the proposed stadium site in the East Village/Ballpark District and the San Diego Convention Center
2011-09-03 San Diego real estate hot areas
Are you wondering what parts of San Diego had prices and sales increases or where they stayed stabled or declined? Check this out…
2011-09-02 Appraisers can’t comp distressed properties
New rules where appraisers will not be able to use distressed properties as comps have occurred in four different states. California has been excluded for now.
2011-09-01 Freddie Mac: Mortgage rates are low
30 year fixed rate mortgage had the same average this week as last week with 4.22 percent. Two weeks ago…it was at a record low with 4.15 percent.
2011-08-31 Summer prices still pretty low in Downtown San Diego
San Diego home prices still 5.3 percent lower than levels seen in June 2010.
2011-08-30 Number of short sales on the rise
Short sales in California are on the rise and are increasing in percentage of home sales in many states. This year, California short sales made up 25% of home sales in the 2nd quarter, up from 18% in the 2nd quarter last year. This has stayed true for Downtown San Diego
Condo and Loft sales as well. We have seen, and continue to see more and more short sales coming into the Downtown San Diego market.