Archive for January, 2008
Paris, Mozambique and….San Diego!
Filed Under categories: Gaslamp Quarter/ Horton, News You Can Use
posted by Raye on January 18th, 2008
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As if those of us who are lucky enough to live and work here didn’t already know it, but San Diego is one of the 10 must visit cities in the world for 2008.
Maybe this is just another arbitrary list and subjective award, but we think we deserve it.
How could we not? We have a temperate year round climate, waterfront location, gorgeous beaches, San Diego Zoo, SeaWorld and the list goes on and on. San Diego is the best kept secret that just got out.
Click here to read more about the 2008 It List
Pictured above: rendering of the fourth-floor pool deck at The Setai San Diego
Housing Recovery 2008 - Is it really coming?
Filed Under categories: Buying, News You Can Use, Real Estate News, Selling
posted by Raye on January 17th, 2008
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There’s an old joke that if you ask 5 real estate analysts to predict the future you will get 7 different answers. Okay, maybe that isn’t exactly how it goes, but you get the idea. Now the California Building Industry Association has come out with a pretty positive projection for 2008 based upon building permits, lower interest rates and pent up demand.
Alan Nevin, chief economist for the association believes we could start seeing a turn around in San Diego as early as this spring. His reasoning is interesting and encouraging and if the start of this year is any indication, he will be correct. Buyers are coming out and realizing they can’t time the bottom and we may already be there. San Diego probably led the way down and will also lead the way up. What a relief to finally hear some good news. It’s cautiously optimistic, but that’s better than the news of the past 2 years.
Excerpt from Alan Nevin’s article:
Housing’s New Reality, Even As Economy Improves
Economic recovery in California in 2008
will only bring stabilization to the home market
This is not the easiest year in San Diego history to forecast. The major problem lies in the myriad of conflicting statistics and indexes at the international, national, state and local levels. After reviewing pages of data and literally dozens of forecasts by learned academics and scholars, I am going out on a limb and taking a very contrarian view of 2008. Most of the forecasts I have reviewed anticipate no start of an economic recovery until late 2008 or early 2009, especially in California. My crystal ball, though cloudy and slightly cracked, has a slightly more optimistic scenario.Click here to read the entire article
Featured Home: The Grande South
Filed Under categories: Featured Home, News You Can Use
posted by Kea on January 4th, 2008
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The Grande South 1199 Pacific Highway #2805, San Diego, CA 92101
2 bedrooms+den/ 2 bathrooms
Approximately 1,625 square feet
THIS IS A SHORT SALE OPPORTUNITY! Bring all offers. Appraised at $1,225,000. Don’t miss this chance for an incredible deal! 28th floor at The Grande South with commanding views of the bay and city.
Click here to view additional photos and information
San Diego County Sales Statistics: November
Filed Under categories: News You Can Use, Real Estate Stats
posted by Kea on January 4th, 2008
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This chart displays the number of sales and median sales price and represents a comparison between October and November of this year to October and November of 2006. Year to Date statistics are represented by the acronym YTD.
