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Convention Center Project Moves Forward with Interim Bond from the City Council

Condos, Lofts and Penthouses for Sale

Convention Center Project Moves Forward with Interim Bond from the City Council

By in Downtown San Diego Real Estate|Downtown San Diego Real Estate Market Analysis|November 2012 with 0 Comments

The San Diego Convention Center Expansion project has reached another step in the right direction as the City Council authorized $54.4 million in interim bond financing last week. This bond will not be able to be used until the California Port Commission and a court approves it, something that might happen in March 2013. According to the  Continue…

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Downtown San Diego Condos Sold – Financing Breakdown – 3rd Quarter 2012

By in Downtown San Diego Real Estate|Downtown San Diego Real Estate Market Analysis|November 2012 with 0 Comments

A total of 275 homes were sold during the 3rd quarter of 2012 where 145 homes were financed and 130 homes were bought with cash. The financial breakdown of Downtown San Diego Condos and Downtown San Diego Lofts sold in the 3rd quarter of 2012 shows that out of 145 homes financed 124 homes (85%) belonged to the conforming range up  Continue…

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Downtown San Diego Condos Sold – Cash vs. Financing – 3rd Quarter 2012

By in Downtown San Diego Real Estate|Downtown San Diego Real Estate Market Analysis|November 2012 with 0 Comments

Out of 275 Downtown San Diego Condos and Downtown San Diego Lofts sold during the 3rd quarter of 2012, 145 homes were financed and 130 homes were bought with cash. We can see that many  buyers have cash on hand and are not afraid of using it. To compare and read other interesting real estate graphs click on Downtown San Diego  Continue…

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Defaulted Buyers Are Given a Second Chance of Homeownership

By in Downtown San Diego Real Estate|Downtown San Diego Real Estate Market Analysis|November 2012 with 0 Comments

Rebound buyers such as former homeowners of the Downtown San Diego Real Estate market who have filed for bankruptcy or been through foreclosure have lately been given the opportunity to once again become a Downtown San Diego Condo or Downtown San Diego Loft homeowner. The FHA (Federal Housing Administration) is a source where many rebound buyers can get the chance to  Continue…

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Downtown San Diego Condos Sold from September to October 2012

By in Downtown San Diego Real Estate|Downtown San Diego Real Estate Market Analysis|November 2012 with 0 Comments

The graph above is showing us how many Downtown San Diego Condos and Downtown San Diego Loft were sold during September and October of 2012. There was an incease of 17 homes sold from September to October showing a very strong month of sales. The average sales price dropped from $478,931 to $440,449. The drop of average sales price  Continue…

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Explanation Between Interest Rate and Annual Percentage Rate

By in Downtown San Diego Real Estate|Downtown San Diego Real Estate Market Analysis|November 2012 with 0 Comments

SMany Downtown San Diego Real Estate investors may wonder what the difference is between interest rate and annual percentage rate (APR) when researching or reviewing a potential mortgage. Zillow and the recent article “What is the difference between interest rate and APR (Annual Percentage Rate)?” inform us what the differences are.  The best way to  Continue…

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COMIC-CON to Stay in Downtown San Diego Until 2016

By in Downtown San Diego Real Estate|Downtown San Diego Real Estate Market Analysis|November 2012 with 0 Comments

As many of you know, the San Diego Convention Center might be undergoing a major $520 million expansion in the heart of the Marina neighborhood of Downtown San Diego. Even though the expansion plans are still in negotiations and not fully approved, COMIC-CON has decided to stay in town through 2016. This is positive news  Continue…

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