Stay in La Jolla at Half Off the Price
Just thought I would share some news I heard recently. Even though it is not about La Jolla real estate, maybe you might be coming to town to search for homes and are looking for a place to stay. The Estancia La Jolla Hotel and Spa is a wonderful place to plan a getaway. Even if you live in La Jolla and just need a break, you may want to give it a try. Read More

Is San Diego in a Recession?
Experts are saying that, like many areas in the United States, our dear San Diego is in a recession as well. This is being caused by lack of jobs, increasing numbers of people losing their jobs and the San Diego housing market. In addition, the University of San Diego released its report stating that consumers are losing confidence and are buying less. Read More

Home Prices Fall in Second Quarter
It appears from a report released this week that home prices fell at a sharper rate than ever before, in the second quarter. However, it also is suggesting that the housing market may have bottomed out and the worst may be over. Read More

California Home Sales Increase Four Months in a Row
For the fourth consecutive month, home sales rose for California real estate. Home prices were down almost half of what they were a year ago, which has been the impetus for nearly 500,000 closed escrows last month. Read More

University City Real Estate Update
University City is a beautiful community located just outside La Jolla. University City homes can still be quite expensive, but are generally much more affordable than a home in La Jolla. If the last two months are any indication about where the housing market is headed, then University City is showing signs that sales are on the rise. For most of 2008, sales have remained quite steady, until July, where the sales jumped. Read More

Del Mar Real Estate Update
The average price of a home in Del Mar has stayed somewhat consistent since the beginning of 2007 to now. There was a brief increase in the average price beginning in April of '07 and dropping back to its normal range in August of '07. During the months of the increase, the number of units also rose and the average price of a home in Del Mar peaked at around 3.5 million dollars and there were around 15 homes being sold in each of those months. Read More

Coronado Real Estate Update
As with most of the real estate market, the numbers of homes sold in Coronado are down from a year ago. But unlike La Jolla, the prices are down as well. Last year, the number of homes sold were approximately seventeen for a month, whereas now, we are just a little over ten sold for the month, with February and March being the lowest in years, dropping to less than five homes sold in each of those months. Read More

La Jolla Actress Passes Away in Her Home
We would like to pay tribute to La Jolla actress, Priscilla Allen, who passed away on August 14th. There will be a memorial service today (Thursday @ 2PM) and it will take place at the San Diego Repertory Lyceum Space Theater. Read More

San Diego Real Estate Report
Last month, San Diego saw is highest home sales in over a year. This is being attributed to forelosures being sold at low prices and the fact the prices are still falling in some areas is San Diego County. Read More

Guided Tours of La Jolla Cove
Haven't you ever wanted to swim with sharks? Whenever I first moved to La Jolla in the seventies, I started walking with the leopard sharks in La Jolla, but this seems much more exciting. The Birch Aquarium in La Jolla is sponsoring guided tours of La Jolla Cove. Read More

La Jolla Schools Set to Begin
It's that time of year again, for those parents living in La Jolla, time to send the kids back to school. Tomorrow, The Bishop's School, will be the first to begin classes. On Tuesday, the Preuss School located on the UCSD campus will begin. The rest of the schools like La Jolla High will begin classes on September 2nd. Read More

La Jolla Shores Already Showing Signs of Improvement
La Jolla residents seem to be quite happy with the latest improvements to La Jolla Shores. Parking improvements have cut congestion significantly and kayak businesses are now allowed to keep equipment on the beach, which also cuts down on pedestrian congestion. Read More

California MLS to Become More Unified?
Looks like the MLS will become a more unified tool, much like sites such as Google and others use. In the past, many real estate agents in California had to use more than one MLS service in order to get everything they need. Read More

Many California Homes Selling at a Loss
One out of four people who sold their home recently, in the United States, are reporting selling their home for a loss. Fifteen percent of those were foreclosures. The California real estate market has been one of the States hit with a high foreclosure rate, making up for nearly half of all sales. Read More

San Diego Foreclosures
More than 7,000 properties owned by banks are being reported through July. Over two thousand San Diego homes and condos are currently listed. It is also being reported that out of more than 2,500 homes and condos sold in the county, thirty percent were owned by banks. Read More

Foreign Homebuyers Still Buying Real Estate in the United States
Even though the dollar jumped a bit against the Euro, international homebuyers are still eyeing the United States as a good real estate investment. The National Association of Realtors stated that there were possibly around 200,000 international citizens who purchased properties in the United States in the last year. California was one of the top 3 places foreign buyers are purchasing their homes. Read More

La Jolla Shores Improvements
La Jolla Shores has been in need of parking for years and finally some new parking areas have been added to help with the congestion and traffic. La Jolla Shores is an incredibly popular area in La Jolla and over the years has become more and more crowded, but parking has become quite a hassle over the years. Read More

Pending Home Sales on the Rise
Good news for the housing market; pending homes sales are on the rise compared to last month. With the recent signing of the Housing Act, pending home sales rose a little over 5%. The numbers are up from the previous month, however, they are still down more than 12% from a year ago. Read More

La Jolla Beach & Tennis Club Event
Las Patronas, a volunteer philanthropic group, threw an event at the La Jolla Beach and Tennis Club, a week ago, celebrating the Jazz Age. People dressed as several famous faces from the 20's such as Charlie Chaplin. There was live music, dancers performing classics such as the Charleston, all in front of a NYC skyline mural. Read More

La Jolla Boat Launch
Those of us living in La Jolla know of the boat launch at La Jolla Shores. Recently, a meeting was held to decide what to do about the growing rental companies that are always launching kayaks or rafts from the boat launch. Read More

Federal Reserve - Interest Rates Unchanged
Due to economic slowdown and growing inflation, the Federal Reserve chose to not cut interest rates and, as it now appears, the central bank just may leave rates the same for the next few months. Read More

San Diego: Great Place to Live....and Go to School
Not only is the University of California, San Diego considered to be one of the best research schools in the world, but now it is also considered to be one of the best values. In fact, it was named as one of the top ten values, number six to be exact, by the Princeton Review. Read More

More Tax Revisions from Latest Housing Act
I thought we would continue on the trend and delve a little deeper into some of the provisions for the latest Housing and Economic Recovery Act of 2008. We have already touched on the first-time buyers credit / interest free loan, as well as, the increased loan limits. Read More

Free Movies at La Jolla Cove
Here's a nice idea to get you out of the house; movies at La Jolla Cove. Friday nights at 8:30 PM are officially outdoor movie night at Ellen Browning Scripps Park in La Jolla. La Jolla Parks and Recreation, along with Promote La Jolla have just declared "2008 Movies by the Sea". Read More

More Info on New Housing Act
Even though the latest Housing Act that Bush signed this week has gotten all the attention, there are a couple of tax provisions that been ignored, by the media, but should not be ignored by the prospective home buyer. Read More

Genomics in La Jolla
I'm always amazed, even though it seems to be becoming quite a habit, how La Jolla continues to lead the way in so many different fields. Today the J. Craig Venter Institute launched their genomics program. The course will educate teachers who want to learn more about genomics. Genomics studies an organism's complete genome and focuses on mapping out the entire DNA sequence. The course began on July 29th and ends today August 1st. Read More