San Diego Real Estate Cafe by Krista Lombardi
Top 7 Things To Do In North County
“Ah, summer, what power you have to make us suffer and like it.” ~Russel Baker
1.Sunday, July 31- Brunch at the Mediterranean Room
Overlooking the stunning sweep of La Jolla Cove, The Mediterranean Room delightfully blends centuries-old tradition and contemporary dining. Read the rest of this entry »
How’s The San Diego Real Estate Market For April 2011
There's only one direction to go in once you've hit bottom.
Do you think about the answer to this question on a regular basis? All of us in San Diego County wonder what the status is of the San Diego housing market for various data on the our local market as well as the state of the California real estate market is constantly coming out and we feel it important to keep the general public informed.
The most recent numbers show that the San Diego real estate market is still trying to recover but certain factors are stalling this recovery effort. Though San Diego’s real estate market has outperformed most other metro areas in the country some things are similar throughout the country affecting all markets in the same manner. Read the rest of this entry »
What Are San Diego’s Latest Foreclosure Numbers?
Is San Diego’s real estate market facing a flood of foreclosures? We’ve all been waiting for this massive wave of foreclosure and other distressed properties to hit the market for some time now. As of now we haven’t really seen this materialize and with the recent foreclosure dilemma the number of foreclosures on the market hasn’t changed much.
This doesn’t mean that banks don’t have foreclosed properties still on the books. They do have many but they’re not flooding the market as in recent times. The most recent figures do show some areas experiencing increases in the number of homes defaulting on their mortgages but we’re not seeing these homes coming onto the market at a very high rate of speed. Read the rest of this entry »
The Answer To How’s The Market For February 2011
What's the lastest on the San Diego real estate market?
So what is going on out there in real estate land? Well the latest numbers for the San Diego real estate market show some interesting things.
The first things that is apparent is that the prices in San Diego have dropped ever so slightly. The San Diego housing market has overall been doing better than the rest of the nation and that’s good news for us San Diegans. Though we did see a slight dip it was nothing compared to the other large metro areas. For now it looks like Yahoo Real Estate, Forbes and Case/Shiller are right on the mark about San Diego’s real estate market. Read the rest of this entry »
How Much More Will A Mortgage Cost You Starting In 2011?
How much more will it cost to borrow money to buy a home? Or diffcult?
Are you aware that the cost of borrowing money could be going up in the very near future? Many buyers focus on the price of a home and though this important they should also pay close attention the cost of attaining a mortgage to purchase this home. Here in the San Diego real estate market we’ve gone through price falls just as the rest of the nation but we’re now seeing prices stabilizing and in some zip codes rising slightly.
In recent years, as part of a way to help the recovery of the real estate market, interest rates were lowered to historical lows to make it less expensive to but a home and thus help the market by encouraging consumers to buy more homes. At one point the rate of 30 year fixed mortgage was in the low 4% range which is an unheard of rate. For those of us that remember the 80′s rates back in those days were around 18% or so. That’s like paying your home with a credit card! Read the rest of this entry »
Banking Regulators Might Tighten Down Payment Requirements
Not everyone has a 20% down payment for a home. It might be time to move forward with that home purchase.
How many buyers have 20% to put down on their potential home purchase? Here in the San Diego real estate market where prices can reach astronomical figures this could mean a substantial amount of money. Well right now there’s a debate going on whether or not to change how much will be required for credit worthy buyers.
This is a result of the loose lending practices that contributed to the most recent real estate debacle of the last few years. As a result of all of those loans made with little to no money and documentation of income the government is considering this change that could affect millions of potential credit worthy buyers. Do you think this is this a good thing or a bad thing for the real estate market? Read the rest of this entry »
San Diego Continues To Out Perform The Nation
San Diego"s real estate market marches on to recovery.
Have you noticed a change in the San Diego real estate market? If you listen to the nightly news you would think that the housing market, and more specifically the San Diego housing market, is as chicken little said “the sky is falling”. Well that might not be so. According to recent data and figures from the Case/Shiller index San Diego’s real estate market is far better off than the rest of the nation. The California real estate market overall is doing better than the rest of the nation with respect to recovering. Read the rest of this entry »
San Diego Sees An Increase In The High End Market
Does this sound like it goes contrary to what the media says about the housing market? As I’ve said before in other blogs the news media uses data that’s on a national level and though it might have some relevance to our local San Diego real estate market it’s important to get the facts and data about your local housing market. For the past years as an agent with Prudential California Realty I’ve seen how prices can differ vastly in a zip code so the more specific you can be the better decision you can make about fulfilling your real estate needs.
A Review Of San Diego’s Brew Hop Tour Company
Last night our e-cafe networking group took a tour with Brew Hop, an e-cafe member business.
Brew Hop owned by Summer Nixon, is a San Diego based company, whose entire business is designed for your beer enjoyment,consumption and enlightenment. Brew Hop has a very similar format as wine tasting but geared at beer breweries.
Our tour started out at Gordon Biersch where we were picked up in a Lincoln Navigator and started out on our journey.
Our first stop was at the Ale Smith. As we pulled up to Ale Smith it looked more like an office building rather than a brewery. After walking through the front room you enter into a large warehouse. With beer barrels for tables and one bar tender, the Ale Smith had a humble elegance to it. This highly unassuming place had some of the better micro brews I have had in sometime. Will definitely go back there again soon.
How’s The Market In North Mission Hills, San Diego, CA., 92103?
One of the best neighborhoods in San Diego!
As agents how many times per week do we get this question? Mission Hills is the community that I live in and I actually received this question this morning at our local Starbucks. I was sure glad that I had just pulled the numbers the other day and still had them fresh in my head. The Mission Hills housing market doesn’t see huge amounts of turnover thus it’s coveted for it’s stability It’s beauty, charm, location and overall energy are other attributes that San Diegans’ love about this neighborhood. Read the rest of this entry »
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