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!
2011-05-13 San Diego home prices take a slight dip in April
DataQuick Information Systems released its monthly figures on home prices and sales in San Diego County and throughout Southern California.
Read the Article
2011-05-11 Google wants your house to be as smart as your phone
Google wants consumers to be able to control devices and appliances in their homes with their Android devices, which would basically function like a universal remote.
2011-05-09 BofA to open more outreach centers for delinquent homeowners
Bank of America plans to triple the number of its assistance offices for homeowners in trouble on their mortgages, including adding seven of the new outreach centers in California.
2011-05-08 Tell us, is the American Dream dead?
Americans traditionally see owning their own home as a sign of success. But with the collapse of the housing market, attitudes may be changing. What do you think of the future of homeownership in San Diego County incl. Downtown San Diego?
2011-05-07 What to know about homeowners’ insurance
Every week the San Diego Union Tribune’s reporter Lily Leung features someone related to residential real estate in Downtown San Diego, San Diego, California and beyond. Five questions, five answers. This week they have a San Diego expert on homeowners’ insurance.
2011-05-06 Mortgages fall to 2011 low throughout U.S.
Are investors antsy about the global economy, in light of Osama bin Laden’s death and other developments in the Middle East?
2011-05-05 Mortgage rates drift lower, Freddie Mac says
A Freddie Mac report on Thursday said the lenders it surveys were offering 30-year fixed-rate mortgages at an average rate of 4.71% early this week, compared with 4.78% the week before.
2011-05-04 Quiz: Homebuyers lack mortgage know-how
INTERACTIVE: See how you measure against those who took Zillow’s recent survey on home-loan basics.
2011-05-03 San Diego’s home market, 1st quarter 2011
Experts at University of San Diego’s real estate center breaks it down for us in their quarterly report, released last week.
2011-05-01 NAR weighs policy change on Facebook, mobile listings feeds
The NATIONAL ASSOCIATION OF REALTORS next month will consider revising rules governing multiple listing services in order to explicitly permit brokers or agents to display Internet Data Exchange (IDX) listings on social networking sites and mobile devices.
2011-04-27 California’s real estate commissioner quits
The position, appointed by the governor, is still unfilled.
2011-04-26 S&P index: Feb. home prices drop in San Diego
Still, it appears the local region is doing better than half of the areas surveyed in the monthly measure of home prices in the U.S.
2011-04-25 Mortgage denied: Sometimes, for no good reason
It’s tougher than ever to get a loan, but are banks playing it too safe?
2011-04-24 Strategic defaulters pay bills on time and plan ahead
A growing body of research shows that the so-called “strategic defaulters” defy the tell-tale characteristics of most people whose loans go bad. They pay their bills on time, rarely exceed their credit-card limits, and hardly use retail credit cards, according to a study released Thursday by FICO.
2011-04-22 Residents bummed about California dream
Less than half of California residents 46 percent think the California dream is still alive, even though most of them believe they will be better off financially in a year, according to the quarterly Citi California Pulse Survey released today.
2011-04-21 U.S. mortgage rates fall amid economic concerns
Companies, including Freddie Mac, say mortgage rates across the U.S. fell this week in light of several economic factors, including weak home sales and starts, rising oil prices and overall nervousness about the economy.
2011-04-20 Forecast for Fed: No change
Next week, leaders of the Federal Reserve will spend two days behind closed doors discussing the economy, to be capped off with Chairman Ben S. Bernanke’s first quarterly news conference. The likely result is that nothing will change, and the Fed is committed to keeping its interest rate target near zero, where it has been for more than two years.
2011-04-19 Could your mortgage broker’s pay affect your bottom line?
New rules from the federal government has changed how mortgage brokers and loan officers are being paid. Experts weigh in on how the change could affect consumers.
2011-04-18 Feds announce partial settlement with ‘robo signing’ servicers
In a partial settlement addressing so-called “robo-signing” foreclosure practices, the nation’s largest loan servicers have agreed to hire outside consultants to review foreclosures initiated in 2009 and 2010, and to compensate homeowners who should not have been foreclosed on.
2011-04-17 Mortgage rates continue to edge higher
The average rate for 30-year loans rose to 4.91 percent this week, up from 4.87 percent last week and 5.07 percent a year ago, Freddie Mac reported Thursday.