Foreclosure Rate in California May Have Hit Peak
Compared to the previous year, the foreclosure rate, throughout California, has risen over 30 percent in the last three
months. This is more than sixty thousand homes hit with foreclosure and is the most since
DataQuick, in
La Jolla, started tracking these statistics.
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Great Real Estate Deals in Coronado?
Coronado was chosen as one of the top five places to get a bargain deal on a home. The tiny island of Coronado has
long been known as one of the highest priced areas in San Diego County. Now, I don't want to give you
the wrong idea by saying there are record breaking deals on properties in Coronado because, in reality, you will
probably find it hard to find a
home in Coronado for under a million dollars.
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Retail Building in La Jolla Sells for Over $6 million
A retail building on Girard Ave in La Jolla has just sold for over 6 and a half million dollars. The building is
located in La Jolla's thriving design district. It boasts over ten thousand square feet and currently includes a few
antique dealers. The new owner wants all the current tenants to remain where they're at.
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Take a Trip to Westfield UTC in La Jolla
If you are new to the La Jolla / UTC area and love to shop, then your first stop should be, Westfield UTC, located in La Jolla.
This is an outdoor shopping mall with great shops and even a skating rink that is open the entire year. At Westfield UTC, pets are always
always welcome. The shopping center even has baggie dispensers to clean up after
your furry critter.
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Del Mar Racetrack Has Biggest Opening Day Ever
Hopefully some of you living in Del Mar and La Jolla made it out the Del Mar Racetrack for the largest
opening day in its history. More than 43,000 people showed up to watch the races.
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It's that time of year again in San Diego
We are getting closer to that time of year in San Diego. Can you guess? If you said football season, then you
are right. The San Diego Chargers are coming off of a year they were division champs and, once again, almost
went to the Super Bowl. Well, preseason begins on August 8th against the Dallas Cowboys.
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Going Green at UC San Diego
UC San Diego does not take "going green" lightly. In fact, the University is one of the greenest in the
United States. In the schools continued effort to become environmentally friendly, they have started
to install the pieces needed in order to produce sustainable energy.
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San Diego's Crime Rate on the Decline
Here's some good news for San Diego residents. Our city continues to be one of the safer big
cities in the country. San Diego's crime rate continues to decline, while officers on the street continue
to increase.
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Foreclosures in California
Some people are predicting that there will possibly be a million foreclosures by the end of the year. Around 500,000 homes
have already been foreclosed this year. The general public aren't the only ones hurting from the mortgage crisis. Real estate
ivestors are also looking at foreclosure, with many facing the possibility of losing their investment properties in the
next twelve months.
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La Jolla Residents Scream for Stop Sign
Several residents, living in the Bird Rock area in La Jolla, are protesting the lack of
a stop sign at one of the areas intersections (La Jolla Mesa Drive / Van Nuys). The intersection has already been
considered a hazard and last week's incident, when a woman was killed after her car was
hit by a truck, only confirmed the danger.
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Safety Tips for La Jolla Beachgoers
With so many people heading to the beaches in La Jolla, we thought it might be helpful to post some
safety tips. If you are venturing out into the ocean, first off, make sure that you are a good swimmer. Just as important, always
have a companion with you when you are swimming or playing in the water. One of the major causes of death are
from people who decided to swim out alone.
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University City Condo Open House Sun 1 to 4 PM
We will be holding an open house for a University City condo listing of ours. This is a
2 bedroom and 2 1/2 bath condo that has nearly 1500 sq ft. The condo has
wood floors, travertine kitchen counters, glass cabinets, a fountain and much more.
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UCSD Voted Top in Nation
U.S. News magazine has named UCSD Medical Center as one of the best hospitals in
the United States. The hospital has, for years, been recognized for its innovation and loving care. As
a La Jolla resident, I have to agree with them. My experiences with USCD Medical Center have always been
pleasant, if there is such a thing.
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Preventing Foreclosure
Although La Jolla has one of the lowest number of foreclosures in the country, I thought we would talk
about some preventive meausures to take to make sure your home does not get into foreclosure trouble.
Many homeowners in San Diego and, of course, the rest of the country, are having problems paying
their house payment. On Yahoo today, I believe the number was one in every five hundred homeowners are seeing
foreclosure as a real possibility. The numbers also are up nearly fifty percent from what they were a
year ago. Our state is one of several that have been hit the hardest. Other states include Arizona, Florida, Nevada and
Colorado. A new study suggests that the current housing market has not been this bad in fifty years.
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The Time to Invest Could be Now
How quickly people can forget that history happens in cycles and almost always repeats itself. Wasn't it
Donald Trump who got several ridiculously low priced buildings when the real estate market was so bad in
the early nineties? Some as low as a million dollars and then less than twenty years later that are worth over 600 million dollars.
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San Diego's Housing Market Showing Signs of Improvement
There is a report that moving companies in San Diego are beginning to see a lot more action these days.
For the past couple of years, business has steadily slowed, but it is looking like people are beginning to
get back into the market.
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European Investors Still Eye California Real Estate
European Investors are continuing to see the benefit of
buying real estate in California. The
Euro is just about as strong as it has ever been against the dollar. This has many investors
salivating at real estate bargains on the West Coast.
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San Diego Charger Dies in Car Crash
We wanted to pay tribute to a fallen San Diegan. San Diego Chargers safety Terrence Kiel as passed away, due to
his car striking a wall at high speed, in the
Scripps Ranch area.
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La Jolla and Downtown San Diego in Demand
Well, I hope everyone had a wonderful 4th of July. As always, we went down to La Jolla Shores to watch the display. It
was as crowded as I have ever seen it, but the show was, as always, spectacular. Generally, we see a bit of a slow down
in the
La Jolla real estate market during the holiday and leading up to the holiday. This year continues to break the
predictable trends.
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McCain's La Jolla Condo Building, Paid in Full
As noted in a previous posting, the McCain's are all caught up on their
property taxes and paid in full. The McCain's owed over $8000 in property taxes, after neglecting to
pay them for four years. Cindy McCain oversees the trust that owns the
La Jolla condo complex, in La Jolla
Shores.
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New Ruth Mills Listing - University City Condo
We have a new listing we'd like everyone to know about. This
University City condo is elegant and modern. It is a
2 bed, 2.5 bath condo that was originally built in the mid-80's. Upgrades include travertine kitchen counters and wood
floors. There are custom bookshelves and silk drapes imported from Italy.
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Fireworks in La Jolla, Del Mar and Coronado
Once again, the 4th of July will be filled will flared lights and booming in the night. La Jolla Cove is the place
for residents to take in the night's festivities. The show begins at 9 PM and the ideal spot, in my opinion, is
La Jolla Shores, but it will also look great at Scripps Park and, of course, La Jolla Cove.
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Presidential Candidate Owns La Jolla Condo
In all my years living in La Jolla, I have passed by this specific
La Jolla condo building two to three times a day for the
past 10 years. Never did I realize that it was owned by the McCains and futhermore, I didn't realize that it was the building
they were talking about when referring to the McCains lack of timely property tax payments.
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La Jolla Arts Festival Today
Today is the day of the La Jolla Festival of the Arts. For years the event has been considered to be the best in
San Diego and ranks highly amongst comparable shows throughout California. Artists from all over the nation, as well as, nearly
two hundred local artists will display their artworks, which include sculpture, watercolor and oils to name a few.
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Prudential Real Estate Continues to Grow
Prudential Real Estate Affiliates Inc. is continuing their trend of expanding their reach into
cyberspace. In this case, the real estate giant has partnered with Cyberhomes, Oodle, AOL and Google Base. By doing so,
almost 150,000 Prudential listings will be promoted on these websites.
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Celebrate the 4th of July in La Jolla
Guess what time of year it is again, that's right, it's time for fireworks in La Jolla. There is something spectacular about
seeing the yearly firework display while sitting on the beach. My favorite spot is off of Camino del Oro, you might be able
to find parking in the lot, but more than likely you will have to park up the hill, so get there early. By this time, people
will have spent the day, relaxing in the sun. You will see lots of evidence of picnics, volleyball and barbeques.
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La Jolla Concerts by the Sea
Since the mid-80's, people have been coming to La Jolla to see La Jolla Concerts by the Sea. The summertime events have
always been free to the public and feature music from folk to rock. Aside from La Jolla Cove being one of the
most beautiful areas in La Jolla, that is also the location (Scripps Park) to hear live music.
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La Jolla Festival This Weekend
If you are living in La Jolla, make sure to come down to the La Jolla Festival of the Arts, which is taking place
this weekend. The festival is known as one of the elite events in the entire state of California. It features
over a hundred national and local artists. The festival will highlight photography, oil painting, watercolor and
sculpture. In addition, there will be lots of great food and entertainment.
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Random ideas for San Diego Residents
Here are a couple of ideas that may just get you out of your
home in La Jolla. One I found interesting is the
exhibition, Enraptured, images by Mitch Dobrowner. Dobrowner photographs nature at its best. His photos are
filled with luminescence, which speak volumes to the viewers soul and highlight what is so amazing about this
planet. The exhibit will be showing through August 3, 2008 at the San Diego Natural History Museum.
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High Temperatures for San Diego Residents
San Diego hasn't been this hot in a long time. Over the last few days, San Diego residents experienced
a bit of a heat wave. Temperatures in some areas were well over 100 degrees. We took a trip into
downtown San Diego and
found that it was about 10 degrees hotter than
La Jolla.
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Free Class on Real Estate Investing
Not much of a blog today, but I wanted to let everyone know that there is a teleclass on real estate investing. There is
no charge to take the class.
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