January 2008 Home Sales for Carmel Valley, San Diego
January was a busy month for Carmel Valley real estate, with 25 homes sold and over 60 new listings. The average selling price during the month, was over a million dollars, but not by much. The average listing price was a little less than $1.5 million. Read More

National Association of Realtors Report Homes Sales Increase
Today's article is short and to the point. This week the National Association of Realtors reports their new numbers which show a home sales increase nationwide. Read More

Del Mar Condo Sales for January 2008
Seems these days that the condo market in Del Mar is remaining quite balanced. At least that is the case with the month of January. There were five condos sold, averaging more than a $1.2 million dollar selling price. On the other side, there were five condos that were new listngs and had an average listing price of a bit over a million dollars. Read More

Del Mar Home Sales for January 2008
One thing you can count on is the fact that Del Mar real estate will always have an average selling price of over a million dollars. In the first month of 2008 seven homes sold in Del Mar with an Avg SP. of more than $1.8 million. There were twenty new homes listed on the Del Mar real estate market for the month at an Avg LP of over $2 million. Read More

Rancho Santa Fe Home Sales Report for February 2008
The February sales report for Rancho Santa Fe homes shows a slight improvement with 9 homes sold during the month. The selling price averaged a bit over $2.5 million and the median was $2.3 million. February saw quite a jump in listings with over sixty homes added to the Rancho Santa Fe real estate market. Read More

Rancho Santa Fe Home Sales Report for January 2008
In the first month of 2008, there were forty-four Rancho Santa Fe homes new to the real estate market. Only six actually sold at an average price of almost $5.7 million, while the median price was $3.5 million. Read More

La Jolla Condo Sales Report for January, February 2008
Twenty condos sold in La Jolla for the month of January 2008. The lowest priced La Jolla condo went for $287,000. It was a one bedroom, 1 bath and was 1 story. It was approximately 700 square feet and was built in 1972. The condo did have a balcony, 1 space carport and no view. Read More

La Jolla Home Sales Report for January, February 2008
In the month of January 2008, fourteen homes were sold in La Jolla. The average price for a home sold in La Jolla was nearly 2.5 million dollars and the median price was almost 1.4 million dollars. There were forty-two new listings added to the La Jolla real estate market at an average listing price of just over 2.8 million dollars and the median price was over just under 2.2 million dollars. Read More

Live in La Jolla? Visit the San Diego Museum of Art
If you live in La Jolla, or in San Diego County, you should have no excuse not to make a trip down to the San Diego Museum of Art to see the Nandalal Bose exhibit. Nandalal Bose was considered to be India's father of modern era art. The exhibit will feature nearly one hundred of the artists' paintings. Most of all, Nandalal was a good friend of Ghandi's and played his part in their fight for independence through non-violence. Read More

Interest rates lowered by 0.75%
Wall Street had a tremendous day as a result of the Federal Reserve lowering interest rates by three-quarters of a percentage point. The Dow Jones sported its best day in over five years. Read More

The Difference Conforming Loans will Make
The FHA, Fannie Mae and Freddie Mac new loan limits are expected to make a significant difference. By blending capital in the market should lower interest rates. Also, higher end areas such as Del Mar, Rancho Santa Fe and La Jolla will see a major difference in that those areas, in the past, normally required the much more costly jumbo loans. Read More

Loan Limits in San Diego County
All the great news of the FNMA and FHA increased loan limits for San Diego County has some people contemplating how much the FNMA will actually help in the recovery process. However, there is little doubt that the FHA will play a major role in this process by helping people buy homes as well as allow those in need to refinance their mortgages. Read More

More info about the San Diego Housing Market
Here are some facts about the San Diego real estate market that do not always get publicized. The last thirty years has seen the median home price, of existing homes, increase over 5 percent every year and tge value of a home almost double every decade. Read More

Potential La Jolla Home & Condo Buyers on the Rise
Despite what the rest of the country, or California, for that matter, might be going through, La Jolla is busier than ever. We are seeing a record number of people interested in La Jolla Homes and La Jolla Condos. People are wanting to see homes and condos almost daily and it's not because of the internet either. These are clients we meet and referrals mostly. Read More

San Diego, California Housing Market Update
Great news for the San Diego Housing Market; UCLA economists have recently stated that California and the rest of the United States will endure and will not fall into a recession. They do say that the housing market has been a drain on the recent state of the economy, but economists are saying that it is mostly because of decreased home prices and higher interest rates. What makes it different this time is that it is not due to loss of jobs which was the culprit last time, causing many foreclosures. Read More

FHA Raises San Diego Loan Limits
San Diego homeowners can rejoice a little, because the FHA has increased the loan limit in San Diego County to $697,500. Read More

La Jolla Playhouse Update
Memphis, a musical written by Joe DiPierto (words) and David Bryan (music), will be coming to the La Jolla Playhouse on August 19th and will continue through September 28th. Memphis is the story of a white disc jockey, in the 50's, who was brave enough to play R&B music to his audience, who were made up of mostly white teenagers. Read More

Conforming Loans Projected to Help San Diego Housing Market
The NAR (National Association of Realtors) says that increasing the limit on conforming loans would help over 200,000 homes in San Diego County. In February, Congress passed the stimulus package and it will probably increase the limit. Read More

San Diego Company to Buy La Jolla, Rancho Santa Fe Hotels
APMC, a company based in San Diego, have come to an agreement and will purchase two historic hotels, the Rancho Valencia Resort located in Rancho Santa Fe and the La Valencia located in La Jolla. Read More

California / Schwarzeneggar's Mortgage Plan
In the months of Dec & Jan, state officials are claiming that Governor Schwarzenegger's plan, to help in the mortgage catastrophe, helped over seventeen thousand homeowners struggling with house payments. What doesn't seem to be so clear is just how much his plan significantly helped California homeowners, because lenders had already been working to help those who borrowed and are responsible for helping nearly twenty thousand homeowners in Oct. and Nov of 2007. Read More

Benefits & Costs of Being in La Jolla
One benefit of your parents owning a home in La Jolla is the fact that wide array of courses La Jolla High offers. Unfortunately, some of the staff may lose their jobs. In 2003 the school was told they need to trim their budget over seven percent and then just a couple of years later, they were told to trim it another two percent. But recently, there is word that there may be another budget cut coming. Read More

Local Disclosure Laws Can Have a Big Impact on Home Prices
Two recent studies found that local disclosure laws which require real estate practitioners and sellers to provide buyers information regarding a neighborhood (whether it is in a flood zone, airport noise zone, etc.) can decrease home prices by the thousands of dollars. Read More

SDSU Trustees Given Green Light for Expansion
San Diego State University has just received the go ahead for expansion plans that would enable the university to grow its capacity by 10,000 students. California State University Trustees anticipate the student population to reach 45,000 by the year 2025. Read More

La Jolla Shores News
La Jolla Shores will play a part in helping young people with spinal cord injuries surf. Located in La Jolla, Surf Diva, a school for those wanting to learn how to surf, will give injured children a chance at feeling the freedom of surfing. Read More