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!
2012-06-25 Downtown San Diego 4th of July Firework Show
The Port of San Diego is once again welcoming the 4th of July with a Big Bay Boom Firework show at 9pm. The place to be is the waterfront in the Marina neighborhood where you will be able to see four different firework barges go off simultaneously. The article “Countdown on for 2012 Big Bay Boom Fireworks Show” will give you more specific information about the celebration.
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2012-06-25 Downtown San Diego 4th of July Firework Show
The Port of San Diego is once again welcoming the 4th of July with a Big Bay Boom Firework show at 9pm. The place to be is the waterfront in the Marina neighborhood where you will be able to see four different firework barges go off simultaneously. The article “Countdown on for 2012 Big Bay Boom Fireworks Show” will give you more specific information about the celebration.
2012-06-23 Home Sales in CA is Showing an Increase of Double-Digits
InmanNEWS and the article California pending home sales jump in May reports that sales of homes in the state rose by double-digits when comparing May 2012 to May 2011. Record low mortgage rates and great home prices are still contributing to a strong demand in the housing market in California.
2012-06-23 Home Sales in CA is Showing an Increase of Double-Digits
InmanNEWS and the article California pending home sales jump in May reports that sales of homes in the state rose by double-digits when comparing May 2012 to May 2011. Record low mortgage rates and great home prices are still contributing to a strong demand in the housing market in California.
2012-06-22 Public Workshops on Lane Field Hotel Project
In an attempt to gather feedback and design proposals for the Lane Field Hotel project in Downtown San Diego, the Port of San Diego is offering public workshops. The San Diego Business Journal and the article Port District Hosts Workshops on Lane Field Hotel Project informs that the workshops are taking place on June 28th and July 12th from 5.30pm to 7pm at the Port of San Diegos Administration Building in the Columbia District. The projects mail goal is to start construction in 2013 that includes a 400-room hotel project.
2012-06-22 Public Workshops on Lane Field Hotel Project
In an attempt to gather feedback and design proposals for the Lane Field Hotel project in Downtown San Diego, the Port of San Diego is offering public workshops. The San Diego Business Journal and the article Port District Hosts Workshops on Lane Field Hotel Project informs that the workshops are taking place on June 28th and July 12th from 5.30pm to 7pm at the Port of San Diegos Administration Building in the Columbia District. The projects mail goal is to start construction in 2013 that includes a 400-room hotel project.
2012-06-20 FHA Has Withdrawn Debt Rule That Has Caused Delayed Closings
According to DS News and the article FHA Dropping $1,000 Debt Rule that Would Have Delayed Closing the credit-dispute rule that FHA used could in most cases delay a closing for up to 3 months. Now, the rule has been withdrawn giving potential buyers who would want to take out an FHA-insured loan more doable.
2012-06-20 FHA Has Withdrawn Debt Rule That Has Caused Delayed Closings
According to DS News and the article FHA Dropping $1,000 Debt Rule that Would Have Delayed Closing the credit-dispute rule that FHA used could in most cases delay a closing for up to 3 months. Now, the rule has been withdrawn giving potential buyers who would want to take out an FHA-insured loan more doable.
2012-06-19 Why are Mortgage Rates Low?
The Wall Street Journal and the article Why mortgage rates are so low are mentioning that even if there would be more demand in the real estate market, the cost of borrowing money to buy would necessarily not go up? Policy decisions from the U.S Federal Reserve and the economy in the U.S and abroad both influence mortgage rates. We have seen the real estate market improve but yet the mortgage rates are still at record low.
2012-06-19 Why are Mortgage Rates Low?
The Wall Street Journal and the article Why mortgage rates are so low are mentioning that even if there would be more demand in the real estate market, the cost of borrowing money to buy would necessarily not go up? Policy decisions from the U.S Federal Reserve and the economy in the U.S and abroad both influence mortgage rates. We have seen the real estate market improve but yet the mortgage rates are still at record low.
2012-06-18 Fat City Hotel Project Approved
The fat City Hotel Project has been approved by Downtown planners but the hotel workers union might still have a possibility to appeal. The six-story hotel project will be located at Pacific Highway and Hawthorn in the Columbia neighborhood, right next to the The Solar Turbines plant.
2012-06-18 Fat City Hotel Project Approved
The fat City Hotel Project has been approved by Downtown planners but the hotel workers union might still have a possibility to appeal. The six-story hotel project will be located at Pacific Highway and Hawthorn in the Columbia neighborhood, right next to the The Solar Turbines plant.
2012-06-16 Fixed-Rate Mortgages Are Starting to Rise
Realtor Magazine and the article Mortgage Rates End Six-Week Streak of Record Lows are reporting that fixed-rate mortgages, that has been reaching all-time low records for the last six weeks are starting to rise. Even though the rate of the 30-year fixed-rate averaged 3.71 percent this week, it is still showing record low numbers compared to last year when it averaged 4.5 percent.
2012-06-16 Fixed-Rate Mortgages Are Starting to Rise
Realtor Magazine and the article Mortgage Rates End Six-Week Streak of Record Lows are reporting that fixed-rate mortgages, that has been reaching all-time low records for the last six weeks are starting to rise. Even though the rate of the 30-year fixed-rate averaged 3.71 percent this week, it is still showing record low numbers compared to last year when it averaged 4.5 percent.
2012-06-15 Median List Prices are Starting to Rise
With an increase of 3.17 percent from last year, the median list prices of homes for sale are starting to increase. Realtor.com is reporting in the article Median List Prices Bounce Back that the recovery of the real estate market are showing positive signs in many US States.
2012-06-15 Median List Prices are Starting to Rise
With an increase of 3.17 percent from last year, the median list prices of homes for sale are starting to increase. Realtor.com is reporting in the article Median List Prices Bounce Back that the recovery of the real estate market are showing positive signs in many US States.
2012-06-12 New Organic & Natural Food Store In The Plans For Horton Plaza
Horton Plaza in the Gaslamp Quarter of Downtown San Diego recently made a business deal with the Organic and Natural food store, Jimbos as they signed a lease for 28,000 square feet on the 2nd floor of the shopping center. The San Diego Business Journal and the article Jimbos to Open Fifth Location in Horton Plaza reports that Westfield is about the spend a good amount of money in order to ensure that the store will be as inviting as possible for store shoppers.
2012-06-12 New Organic & Natural Food Store In The Plans For Horton Plaza
Horton Plaza in the Gaslamp Quarter of Downtown San Diego recently made a business deal with the Organic and Natural food store, Jimbos as they signed a lease for 28,000 square feet on the 2nd floor of the shopping center. The San Diego Business Journal and the article Jimbos to Open Fifth Location in Horton Plaza reports that Westfield is about the spend a good amount of money in order to ensure that the store will be as inviting as possible for store shoppers.
2012-06-09 Home Prices Are Expected To Rise
Realtor Magazine and the article “More Americans Expect Home Prices to Rise” states that a recent Fannie Mae survey show that 34 percent of the 1,000 surveyed are expecting home prices to rise in the next year. This is the highest amount a Fannie Mae survey has ever recorded.
2012-06-09 Home Prices Are Expected To Rise
Realtor Magazine and the article “More Americans Expect Home Prices to Rise” states that a recent Fannie Mae survey show that 34 percent of the 1,000 surveyed are expecting home prices to rise in the next year. This is the highest amount a Fannie Mae survey has ever recorded.