As a buyers agent, it’s becoming more and more common for my clients to ask about what it would take to start “flipping houses.” Flipping a house is generally considered to be buying a fixer-upper type (usually a distressed sale) home for well below market value, doing the necessary repair work/upgrades, and then reselling for Continue…
What Does “Flipping A House” Really Mean?
Condos, Lofts and Penthouses for Sale
Downtown San Diego, an exciting urban environment with a close proximity to world famous attractions. As a result it is quickly becoming one of the most popular places to live in San Diego. From a real estate perspective Downtown is a collection of high-rise condo and lofts buildings intermixed with a multitude of social gathering Continue…
A recent article in the Sacramento Bee shares some insight into the world’s “Ultra Rich” and their investment portfolios. The article shows a steady progression of ultra rich investors moving away from stocks and bonds, and focus more on investing in Real Estate. Privately owned real estate now makes up about 20% of the wealthy investors Continue…
When a seller begins to consider the process of selling a condo in San Diego, an estimate of value is always one of starting points. When the right characteristics are taken into account, it is possible to become very specific with a condo evaluation. However, the unique characteristics of typical San Diego Condos are many: Continue…
When a buyer first gets started in the buying process, one of the most important choices to make is who will represent them in the deal. Not many buyers consider this, but the best aspect of “Buyer Agency” in California is that there are no out of pocket expenses for the buyer. In San Diego, Continue…
A recent article on CNN Money/Real Estate details the FHA’s plans to reduce its stake in the high dollar mortgage market. Beginning Jan 1, 2014 the FHA (Federal Housing Administration) will be lowering the limit on what they will insure. Currently the FHA insures low down payment mortgages, in most areas, up to $729,750. That Continue…
When a buyer makes the choice to move to Downtown San Diego and live in a condo or loft…usually the decision is centered around lifestyle. Lifestyle in Downtown San Diego has everything to do with location and access to everything within walking distance. When introducing a new buyer to Downtown San Diego condos and lofts, Continue…
Many of our homeowner clients who reside in East Village Condos have been asking us what their best option is when it comes to grocery stores in Downtown. Living in East Village of Downtown San Diego provides you with easy access to restaurants, boutiques, and nightlife just outside of your door but convenient access to quality Continue…
If you are looking for a Downtown San Diego Condo rental in the East Village, look no further. This 1 bedroom Downtown San Diego Condo rental features a modern kitchen with stainless steel appliances and granite counters. The balcony overlooks the courtyard and has a view of Petco Park. This home features comfortable carpeting throughout and an open Continue…
Often times on our Downtown San Diego real estate caravan, we head into buildings that we’re very familiar with, only to find a home that has been re-done and gives us a pleasant surprise. That is exactly what happened when we toured #709 at Aperture, the newest Little Italy condo for sale on the market. Continue…
Last Thursday morning, our Downtown San Diego broker’s open house caravan took us down to the Marina neighborhood where we were able to preview a beautiful new condo for sale at the Pinnacle Tower on Font St, between Market and Island. As soon as you enter this spacious, 1,290 sq foot, two-bedroom home, you are Continue…
San Diego Film Festival 2012
By Mike in Downtown San Diego Real Estate with 0 Comments
http://www.youtube.com/watch?v=e_GWOPRZn2c San Diego Film Festival is in Downtown San Diego once again. This year’s celebration starts on September 26th to the 30th and takes place in the Gaslamp Quarters. This 4 day celebration can be experienced with Hollywood’s celebrities and the movie industry’s biggest names. You will find international films, short films, music videos, documentaries Continue…
Downtown San Diego Real Estate has during 2011 been showing that Developer sales drastically lowered their number of sales and that Resale’s are coming up strong. With a total of 1,029 Downtown San Diego Condos and Downtown San Diego Lofts sold in 2011, Resale’s shows 403 sales and Developer a number of 217 sales. This is totally the opposite Continue…
While driving or walking through Downtown San Diego, youve probably seen all the dogs, big and small, being walked by their owners. Now, mans best friend might have their own park among the sun touching condo & loft buildings. In what would be the only leash-free park in Downtown for dog owners, plans are in Continue…
Good Art, Good Food, Good Drink
By Mike in Downtown San Diego Real Estate with 0 Comments
downtown-san-diego-real-estate/good-art-good-food-good-drink/1364/ When a server at The Prado, in Balboa Park, shared a special Thursday evening event they were hosting, in partnership with MOPA, he had my attention. Dinner? Wine? Rock ‘N Roll Photography up the street from the East Village? Sign me up! Dinner: A set menu at the Prado (appetizer, entree & Creme Brulee Continue…
San Diego CCDC
By Mike in Downtown San Diego Real Estate with 0 Comments
downtown-san-diego-real-estate/san-diego-ccdc/119/ San Diego is a city that is still gaining it’s idenity. It’s not that SanDiego isn’t defined… It is known for the great weather, gorgeous waterfront location, Balboa Park, Petco Park, the Navy and more; what I’m saying is there is room amongst all the new development to make your mark, to have a Continue…
downtown-san-diego-real-estate/february-2008-downtown-san-diego-sales/109/ This graph shows the total number of Feburary sales for 2008 by complex. These are the only downtown San Diego complexes that sold in the month of February, and they are ALL new construction. Electra is downtown’s newest residential high-rise with top-of-the-line amenities and a prime waterfront location. This graph shows the total February Continue…
The Markets Within the Market
By Pete in Downtown San Diego Real Estate with 0 Comments
downtown-san-diego-real-estate/the-markets-within-the-market/101/ A lot is being said of the distressed property market. Of course there is, it is national news. San Diego County is considered a distressed market according to a number of lending guidelines now as well. But what are the “markets within the market”? There are a few categories here: (a)New construction-directly from the Continue…
Relatively Speaking
By Pete in Downtown San Diego Real Estate with 0 Comments
downtown-san-diego-real-estate/relatively-speaking/98/ Today, March 12th, is the birthday of Albert Einstein. I thought I would speak in relative terms, to honor him, regarding real estate. Especially in downtown San Diego where you have lofts, townhomes, flats, condos, wood frame construction, steel frame construction and concrete construction. If you don’t know the difference between the aforementioned items Continue…
Housing for Homeless
By Pete in Downtown San Diego Real Estate with 0 Comments
downtown-san-diego-real-estate/housing-for-homeless/89/ Todays article in the Union Tribune discusses the building of supportive housing for homeless persons. Cedar Gateway at 6th aand Cedar will have 23 of these units to be completed by 2010 at a cost of $7.2 Million. Father Joe’s Village at 15th and Commercial will have 65 units at a cost of $6.5 Continue…