San Diego Homes Sale Prices Up
The San Diego real estate market has greatly improved in 2010. San Diego homes sale prices are up double-digits from year ago levels, led by resale houses and condos. Surveys of home builders and consumers are showing a return to confidence. The San Diego economy is again proving its resilience. According to DataQuick, the median […]
San Diego Homes Lead Recovery
By any measure, San Diego real estate has really been taking off in recent months. We’ve been saying for a long time that San Diego was the first to burst in the real estate bubble, and it will be the first to come back out of the hole. And now San Diego homes are appreciating […]
San Diego Houses Selling Fast
It’s hard for many prospective buyers of San Diego homes to believe this, but this really isn’t a traditional “buyer’s market” in many parts of San Diego. This is particularly true for “entry-level homes.” In America’s Finest City the entry level starts at around $350,000 and goes up to about $600,000. And buying a house […]
Homebuyer Tax Credits Explained
We’ve been getting calls recently from people who bought San Diego real estate in 2009. With all of the advertising of tax credits available to home buyers, many people think that they automatically qualified for the credits. Some people are learning the hard way that they don’t qualify, or that they qualify for less than […]
Jumbo Loans Are Back in San Diego!
Jumbo loans are back in San Diego! I was talking to a contact at one of the large banks this week. He said in the last six months, San Diego has moved from a market classification of the greatest risk to a classification of the least risk for the lender. Does this mean prices of […]
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 […]
Bay View Homes Central San Diego
I’m frequently asked about property values in Central-Coastal San Diego. Is this is a good time to sell a home in San Diego? Even with property values down, many sellers are finally deciding that it is a good time to sell their San Diego homes. We’ve definitely seen prices in many San Diego neighborhoods rise […]
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 […]
SanDiego Real Estate Prices Up Again
The San Diego real estate statistics were released this week for July 2009 and, as expected, San Diego has now experienced six months of upward movement of median home prices. The median price of a home in San Diego bottomed out at $280,000 in January 2009. Prices have risen or remained flat in every month […]