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Recent Posts
- SAN DIEGO DEFAULT FILINGS GOING DOWN
- 15 YEAR DREAM COMES TRUE IN DOWNTOWN SAN DIEGO
- Post Thanksgiving….Pre Christmas
- THANK YOU TO ALL WHO HAVE SERVED..AND ARE SERVICE NOW
- Is Modern Design Making a Comeback?
Local Resources
SAN DIEGO DEFAULT FILINGS GOING DOWN
The number of homeowners receiving NOD’s (Notice of Defaults) declined for the first time since 2008. However, the foreclosures rose slightly from 666 in November to 725 in December. Still….this may be another sign of the housing market making it’s ever-so-slowly turn-around in the real estate market. Now, with interest rates falling into the sub 4% range, the the signs are green for 1) first-time buyers to enter the market, 2) for 2nd home buyers to find their vacation property, and 3) for move-up buyers be excited they will now be able to sell their home to buy “up”. In San Diego County, the inventory is shrinking, making it difficult for buyers to find their dream property. However, with this slightly good news, more sellers may see spring, 2012 as the time to enter the selling market.
In the State of the Union address, President Obama pledged to make the purchase of real estate, or at least getting a loan easier for borrowers, pledging homeowners a $3,000 savings allowing them to refinance without red tape. He promises smart regulations to prevent financial fraud.
If you are interested in purchasing real estate, please click on “Home Search” to the left of this blog. Or call me at 858 395 7727…I am a committed professional and will assist you in purchasing…or selling…your home.
15 YEAR DREAM COMES TRUE IN DOWNTOWN SAN DIEGO
Finally, after 15 years, the dream comes true in downtown San Diego at the Embarcadero.
On Thursday, January 5th, 2012, groundbreaking took place at Harbor Drive and Broadway, formerly Lane Field. Within 18 months San Diegans and visitors will be able to walk, ride and enjoy the wide, bay front esplanade, beautiful landscaped and lighted areas along Broadway, bringing to life the state of the art transformation, making the North Embarcadero Visionary Plan (NEVP), Phase 1, a reality. This phase is fully funded. When complete, the Port of San Diego and Centre City Development Corporation will embark on Phase 2 to complete the budget for the remaining NEVP.
The owners of the condos along Pacific Highway, The Grande, Electra, Bayside, & Breeza, have long awaited this transformation. They purchased their condos knowing eventually the beautification would only improve their lifestyle, from having a walking/running path close by, to enhancing their property values.
Embarcadero in San Diego before Phase 1 of visionary plan
San Diegans will now see the value of improving their city for their own use and offering another treasure for visitors to San Diego.
Post Thanksgiving….Pre Christmas
I love Thanksgiving…seems like I spend weeks preparing for the festivities, the food, the family arrival, but it’s over in about 20 minutes. The stack of dishes, pots and pans in the sink, the candles burnt down, the pies eaten, the leftovers barely fit in the fridge. As I stare at the quiet house and the mess I must clean up…I’m still reminded about how thankful I am for so much that I have.
This year I had my sister, her husband and their daughter here from Portland, Oregon. For 1 week we filled our days and evenings with each others company. I think it’s the first time we’ve all been together for an extended period. My heart is thankful for this past week. Thankful I could spend time with them and share my home. Thankful for the memory we created. Thankful for the thoughts and ideas we shared.
Thanksgiving Day is now in the past for 2011, but the thoughts of Thankfulness will last….
Now….with just weeks away from Christmas…I will begin my preparations for the season of Giving…so appropriate it follows the season of Thanks.
THANK YOU TO ALL WHO HAVE SERVED..AND ARE SERVICE NOW
Thank You
Thank you for your Courage, Determination and Commitment…We honor you for that and so much more. Because of you I am free….Because of you I am safe.
View the History of Veterans Day HERE.
Is Modern Design Making a Comeback?
My visit to the Big Apple led me to getting an invitation to a book signing at Archivia Book store in NYC on Lexington.
Amy Lau released her book, Expressive Modern, The Interiors of Amy Lau, and chose Archivia to help her. The crowd was mostly New Yorkers in the design business, but there were those who travelled, like me, from the other coast to see Amy’s labor of her love. Design.
Even stylists with more traditional tastes for English Country, Ecclectic, Mediterranean or even Mid Century, Traditional, Tuscan, or even Southwestern, can’t deny an appreciation for Amy’s insight to Expressive Modern. It’s delightful, interteresting and clean as far as a book design…but the contents, the photography, the description are expressive in itself and truly inspiring.
As a Real Estate Consultant in San Diego, La Jolla, and downtown condo market, I see many different interiors, and use a stager when I need to enhance the property for sale. As I browse this beautiful book my mouth waters thinking how I could sell more homes if I could stage properties with this type of design. In my opinion, this is a beautiful coffee table tablet that anyone will want to pick up and study. It will tantalize your senses and quite possibly open your mind to Modern and it simplicity….as well as it’s minimalistic scape.
HALLOWEEN IN SAN DIEGO
There are so many great places in San Diego where you can go to get scared. So here’s a quick list to help you get there.
The 11th Annual Monster Bash in the Gaslamp will scare your socks off and promise you a night of Ghostly Fun. Saturday, October 29th.
Don’t miss Sea World’s Spooktacular in October from 1:00-6:00pm
The Hard Rock Hotel Halloween Party.…now this is the place to be. Dress in your best costume and be prepared for a night of fun…the place to see….and be seen.
Playboy’s Mansion Madness – Friday, October 28th make your plans for The Ivy Nightclub, downtown, San Diego. Dress up in your bunny costume and mingle with Playmates.
Harbor Halloween Cruise – Make Saturday, October 29th your evening to cruise through Halloween on the Harbor. Check it out…could be a fun…and different way to party.
MIRAMAR AIR SHOW COMES TO SAN DIEGO 9/30-10/2
MCAS Miramar Air Show features The Blue Angels in San Diego
Fall in San Diego means listening to the roar of jet engines over Miramar and surrounding communities in San Diego. It means looking for the much anticipated Blue Angels to appear in their exciting, precision paced and breath taking flying stunts.
MCAS Miramar Air Show is the place to go from September 30-Oct0ber 2nd.
If you love jets, planes, and the history of flight, this is a wonderful event …and take your family…bring earplugs.
Click on map below.
THUNDERBOATS ROAR INTO SAN DIEGO’S MISSION BAY
If you are looking for something to do this weekend, September 16-18, head to Mission Bay Park and you can experience the monster boat races at the San Diego Bay Fair. Lots of food, bands and good…NO…great fun.
PACIFIC BEACH RESTAURANT WALK
On September 20th Pacific Beach will have it’s Restaurant Walk from 5:00pm-9:00pm. Tickets are $20 and will include The Fish House, Woodstock Pizza, Lotsa Pasta and more. So come hungry and enjoy over 20 restaurants as they provide you with a variety of food for the entire family.
How Much Should You Offer?
You are about to make an offer on a home you found. So…the question is….Just how much should you offer?
In parts of San Diego, especially the downtown market, homes are selling between 95%-97% of the list price…and in many cases, they are selling at 100% of the listing price.
Why is that?
1. Most homes have already been discounted 30%, 40% and 50%.
2. Lack of inventory has created a demand.
3. Multiple offers pushes prices above listing prices.
In this market, the post sub-prime era, banks have put a stopper on buyers over-paying for real estate. Appraisers are appraising property below the real value. Which is an argument that is debatable by both sellers, banks, appraisers and real estate agents. But, whatever the debate, the California Association of Realtors has created a Real Estate Purchase Agreement with a paragraph devoted to allowing the buyer the option to cancel the purchase if the property does NOT appraise at the agreed offer price. Another good argument for every Buyer to use a Realtor….and not purchase directly from the Seller without the benefit of that “out” option.
For more information regarding Appraisals, property search, and contracts, please feel free to call me…858 395 7727.
