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!
2011-02-21 Downtown San Diego law school now has student housing
The Thomas Jefferson School of Law, which finished its move to downtown San Diego in January, is now offering its students housing one block from campus. A Seattle based firm leased the 172-unit building to school officials.
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2011-02-21 Downtown San Diego law school now has student housing
The Thomas Jefferson School of Law, which finished its move to downtown San Diego in January, is now offering its students housing one block from campus. A Seattle based firm leased the 172-unit building to school officials.
2011-02-20 Mortgages in foreclosure process hit record
About 4.63 percent of loans were in foreclosure in the fourth quarter, up from 4.39 percent in the previous three months, the Mortgage Bankers Association said in a report Thursday. The combined share of foreclosures and loans with overdue payments was 14 percent, or about one in every seven mortgages.
2011-02-20 Mortgages in foreclosure process hit record
About 4.63 percent of loans were in foreclosure in the fourth quarter, up from 4.39 percent in the previous three months, the Mortgage Bankers Association said in a report Thursday. The combined share of foreclosures and loans with overdue payments was 14 percent, or about one in every seven mortgages.
2011-02-18 Freddie Mac: U.S. mortgage rates down this week
Rates for both long-term and short-term home loans dropped from last week, according to a weekly survey by Freddie Mac.
2011-02-18 Freddie Mac: U.S. mortgage rates down this week
Rates for both long-term and short-term home loans dropped from last week, according to a weekly survey by Freddie Mac.
2011-02-16 Search your ZIP: San Diego housing data
The San Diego Union Tribune have the January 2011 figures, which are searchable by ZIP code, region and neighborhood name.
2011-02-16 Search your ZIP: San Diego housing data
The San Diego Union Tribune have the January 2011 figures, which are searchable by ZIP code, region and neighborhood name.
2011-02-15 Homes sales, prices fall throughout SoCal in January
Other factors that may have caused the drops in median price and sales included larger shares of distressed homes, reluctant consumers and more low end homes.
2011-02-15 Homes sales, prices fall throughout SoCal in January
Other factors that may have caused the drops in median price and sales included larger shares of distressed homes, reluctant consumers and more low end homes.
2011-02-14 $2B of aid open to struggling homeowners in California
The money, administered through the California Housing Finance Agency, comes from the U.S. Treasury Department’s Hardest Hit Fund, which helps states most devastated by the nationwide housing crisis.
2011-02-14 $2B of aid open to struggling homeowners in California
The money, administered through the California Housing Finance Agency, comes from the U.S. Treasury Department’s Hardest Hit Fund, which helps states most devastated by the nationwide housing crisis.
2011-02-13 Mortgage rates break 5 percent
Rates for a 30 year, fixed rate mortgage averaged 5.05 percent during the week ending Feb. 11, according to Freddie Mac’s Primary Mortgage Market Survey.
2011-02-13 Mortgage rates break 5 percent
Rates for a 30 year, fixed rate mortgage averaged 5.05 percent during the week ending Feb. 11, according to Freddie Mac’s Primary Mortgage Market Survey.
2011-02-12 Average 30-year mortgage rate rises past 5 percent
Freddie Mac officials on Thursday said the average rate jump in 30-year fixed mortgage rates is due to an increases in long-term bond yields that “placed upward pressure on mortgage rates this week.”
2011-02-12 Average 30-year mortgage rate rises past 5 percent
Freddie Mac officials on Thursday said the average rate jump in 30-year fixed mortgage rates is due to an increases in long-term bond yields that “placed upward pressure on mortgage rates this week.”
2011-02-11 Home affordability in San Diego County at record high
More than 60 percent of first time homebuyers in San Diego County were able to afford entry-level homes last quarter, according to an index released by the California Association of Realtors. That’s three times more than the level seen in 2006, when affordability fell to its lowest point.
2011-02-11 Home affordability in San Diego County at record high
More than 60 percent of first time homebuyers in San Diego County were able to afford entry-level homes last quarter, according to an index released by the California Association of Realtors. That’s three times more than the level seen in 2006, when affordability fell to its lowest point.
2011-02-10 30 percent of mortgages are underwater
Home prices dropped 2.6 percent nationwide during the last three months of 2010, pushing more borrowers underwater, according to a quarterly real estate market survey from Zillow.com. Now, 27 percent of homeowners with mortgages owe more than their homes are worth. That’s up from 23.2 percent a quarter earlier.
2011-02-10 30 percent of mortgages are underwater
Home prices dropped 2.6 percent nationwide during the last three months of 2010, pushing more borrowers underwater, according to a quarterly real estate market survey from Zillow.com. Now, 27 percent of homeowners with mortgages owe more than their homes are worth. That’s up from 23.2 percent a quarter earlier.