Market News
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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!
2012-06-07 Holiday Inn Expansion in Downtown San Diego
The San Diego Business Journal and the article Bartell Begins $13M Renovation of Bayside Hotel informs that ground breaking has taken place for the $13 million Holiday Inn expansion located in the Columbia District of Downtown San Diego. The expansion will include a four-story, 44,000-square-foot addition and a new grand entrance with a completion date of the summer of 2013.
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2012-06-07 Holiday Inn Expansion in Downtown San Diego
The San Diego Business Journal and the article Bartell Begins $13M Renovation of Bayside Hotel informs that ground breaking has taken place for the $13 million Holiday Inn expansion located in the Columbia District of Downtown San Diego. The expansion will include a four-story, 44,000-square-foot addition and a new grand entrance with a completion date of the summer of 2013.
2012-06-05 Are We Approaching a Seller’s Market?
Realtor Magazine and the article “Is Housing Slowly Turning to a Seller’s Market?” informing us that we have for quite some time now seen the buyer rule the real estate market. The question is are we are about to go towards a seller’s market? More Americans are starting to think so.
2012-06-05 Are We Approaching a Seller’s Market?
Realtor Magazine and the article “Is Housing Slowly Turning to a Seller’s Market?” informing us that we have for quite some time now seen the buyer rule the real estate market. The question is are we are about to go towards a seller’s market? More Americans are starting to think so.
2012-06-03 New Suggestion for Downtown Navy Headquarter
The Union Tribune posted an article “New options offered for Navy headquarters site” that informs the public of a new suggestion where the planned southwest regional Navy headquarter might be located at a military base instead of Downtown San Diego. This concerns residents, business owners and elected officials as there might be a change of plans as well as another delay in the already 25 year old plan.
2012-06-03 New Suggestion for Downtown Navy Headquarter
The Union Tribune posted an article “New options offered for Navy headquarters site” that informs the public of a new suggestion where the planned southwest regional Navy headquarter might be located at a military base instead of Downtown San Diego. This concerns residents, business owners and elected officials as there might be a change of plans as well as another delay in the already 25 year old plan.
2012-06-01 New Fat City Hotel Plans are Approved
Downtown San Diego planners have approved the new six-story hotel to be built in the corner of Pacific Highway and Hawthorn Street right next to the waterfront in the Columbia District. The Union Tribune and the article “Fat City hotel approved over labor objections” is reporting that Solar Turbine workers are opposing to the new plan.
2012-06-01 New Fat City Hotel Plans are Approved
Downtown San Diego planners have approved the new six-story hotel to be built in the corner of Pacific Highway and Hawthorn Street right next to the waterfront in the Columbia District. The Union Tribune and the article “Fat City hotel approved over labor objections” is reporting that Solar Turbine workers are opposing to the new plan.
2012-05-31 Short-Sales to Become Shorter
Starting June 15, new guidelines for Fannie Mae and Freddie Mac in regards to the short-sale process will be in effect. The Federal Housing Finance Agency is requiring the mortgage giants to send out a final decision within 60 days. The article Short-Sale Process Expected to Speed Up in June published in Realtor Magazine is also reporting that they have 30 days to respond to offers received.
2012-05-31 Short-Sales to Become Shorter
Starting June 15, new guidelines for Fannie Mae and Freddie Mac in regards to the short-sale process will be in effect. The Federal Housing Finance Agency is requiring the mortgage giants to send out a final decision within 60 days. The article Short-Sale Process Expected to Speed Up in June published in Realtor Magazine is also reporting that they have 30 days to respond to offers received.
2012-05-30 Home Prices Have Been Declining
According to CNN Money and the article, Home prices lowest since 2002, home prices have declined with 2.6 percent compared to this time last year. This number has not been this low since the middle of 2002.
2012-05-30 Home Prices Have Been Declining
According to CNN Money and the article, Home prices lowest since 2002, home prices have declined with 2.6 percent compared to this time last year. This number has not been this low since the middle of 2002.
2012-05-28 New Rule When It Comes To Short Sales
According to the New Your Times and the article, Speeding up short sales, the Federal Housing Finance Agency has decided that both Fannie Mae and Freddie Mac will need to give a short sale buyer a decision within 60 days. This is an attempt to speed up the before very long process.
2012-05-28 New Rule When It Comes To Short Sales
According to the New Your Times and the article, Speeding up short sales, the Federal Housing Finance Agency has decided that both Fannie Mae and Freddie Mac will need to give a short sale buyer a decision within 60 days. This is an attempt to speed up the before very long process.
2012-05-25 30-year Mortgage Rate Keeps on Falling
This week has showed that another decrease in the 30-year mortgage rate occurred. According to the Los Angeles Times and the article,Freddie Mac: 30-year mortgage rate down a tick at 3.78% a one percent difference compared to last week leaving the rate to be 3.78 percent. The 15-year fixed rate has been holding itself steady at 3.04 percent.
2012-05-25 30-year Mortgage Rate Keeps on Falling
This week has showed that another decrease in the 30-year mortgage rate occurred. According to the Los Angeles Times and the article,Freddie Mac: 30-year mortgage rate down a tick at 3.78% a one percent difference compared to last week leaving the rate to be 3.78 percent. The 15-year fixed rate has been holding itself steady at 3.04 percent.
2012-05-24 Homes Sales are Increasing
According to CNN Money and their recent article “Sales of new homes inch up” home sales has been increasing from month to month with a growing number of 3.3% in April. Sales are still slow compared to the boom years but it is slowly getting stronger.
2012-05-24 Homes Sales are Increasing
According to CNN Money and their recent article “Sales of new homes inch up” home sales has been increasing from month to month with a growing number of 3.3% in April. Sales are still slow compared to the boom years but it is slowly getting stronger.
2012-05-23 Balboa Park Plan Voted No by Historical Resource Board
The board of the San Diego Historical Resource has voted against the plan for the Panama Plaza Balboa Park project. The plan include cars to be cleared from the open space outside the Museum of Art. Read the Union Tribune’s article “Historical resources, park boards vote no on Balboa Park plan” for more information by clicking the link below.
2012-05-23 Balboa Park Plan Voted No by Historical Resource Board
The board of the San Diego Historical Resource has voted against the plan for the Panama Plaza Balboa Park project. The plan include cars to be cleared from the open space outside the Museum of Art. Read the Union Tribune’s article “Historical resources, park boards vote no on Balboa Park plan” for more information by clicking the link below.