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!
2011-04-16 Embarcadero plan OK’d by Coastal Commission
The nearly $30 million project, which is the first phase of the long debated North Embarcadero Visionary Plan, could get underway by the end of this year, with completion expected by mid-2013.
Read the Article
2011-04-15 Foreclosures off 30 percent this year
The number of foreclosure notices filed during the first three months of 2011 fell 27 percent compared with the first quarter of 2010, according to a report from RealtyTrac released Thursday.
2011-04-14 CA mortgage aid open to more homeowners underwater
See who else is now covered in four state-administered programs that aim to help struggling homebuyers stay in their homes.
2011-04-13 Confidence in value of homeownership persists through bust
More than 80 percent of U.S. adults surveyed by the Pew Research Center say buying a home is the best long-term investment.
2011-04-12 Housing market unlikely to face double dip
Housing prices are not in another free fall and are unlikely to face a double dip, according to a chairman at the Price Index Committee, which is responsible for the Standard & Poor’s Case-Shiller Home Price Index.
2011-04-11 Home lenders shed workers as mortgage rates climb
A rebound in mortgage rates from last year’s near -record low has reduced consumer demand for home loans and refinancings, leading Wells Fargo & Co. to join other industry stalwarts in laying off loan processors and related workers.
2011-04-10 Budget impasse threatens FHA lending
The budget deadlock and looming shutdown of the federal government wouldn’t affect Fannie Mae and Freddie Mac, but it could put the brakes on FHA and other government-backed loan guarantee programs
2011-04-09 Reminder: It’s time to pay your property tax
April 11 is the due date for the second installment payment.
2011-04-08 Federal shutdown would hit California hard
A looming government shutdown could stall tax refunds, close national parks and museums, and put tens of thousands of Californians temporarily out of work.
2011-04-07 Use of FHA loans in San Diego, U.S. fall in February
See how San Diego County ranks among 20 major metros in percentage of home loans that were FHA in February.
2011-04-06 Search your ZIP: San Diego foreclosure data, February
Interactive spreadsheet: Foreclosure and mortgage default figures for San Diego County. You can filter and sort by neighborhood and ZIP code.
2011-04-05 How was the distressed market in February?
DataQuick Information Systems releases foreclosure and mortgage default numbers for February. See what the figures could mean for San Diego County.
2011-04-04 30-year fixed-rate mortgages inch up
Rates on 30 year, fixed mortgages averaged 4.86 percent this week, an increase compared with last week, Freddie Mac reported.
2011-04-03 Legislator wants to bill banks for foreclosures
See what state lawmakers are proposing to change in the housing sector. The U-T is covering issues that include landlord-tenants’ rights, homebuilding and foreclosures.
2011-04-01 What’s making San Diego County rents go up?
Find out the average rate in the San Diego region including Downtown San Diego now and where it may go in the next five years.
2011-03-31 Sunstone to acquire stake in Hilton San Diego Bayfront
The hotel investment company has reached an agreement to acquire a majority stake in the waterfront hotel in Downtown San Diego.
2011-03-29 East Village District Downtown San Diego condo owners get $10M in water-leak case
A San Diego developer has agreed to pay $10 million in a settlement with Downtown San Diego condo owners who say faulty bathroom construction led to water leaks that affected the entire project. The complaint was filed four years ago.
2011-03-28 How to avoid loan modification schemers
The California Department of Real Estate, which oversees real estate licensing, occasionally puts out alerts to help consumers avert mortgage fraudsters.
2011-03-26 What are the top-searched home markets in the U.S.?
See how San Diego County fared in Realtor.com’s monthly search rankings and photos of some of the top searches in the county.
2011-03-25 Finance site Mint.com now offering mortgage tool
The website, which allows consumers to track their finances, now lets people find home loan deals tailored to their needs. The tool allows you to find loans by ZIP code.