San Diego County home sales hit brisk pace as prices continue to drop
Qualified buyers should consider entering into the housing market now, as they will find the affordability rate of a home in this county the best it has been in the past 9 years. October home sales in San Diego County were the best in the past three years. The downside is that the average median price of a home hit a 6-year low of $323,500. October was the 4th month in a row that home sales showed an increase. This follows a 4-year period of sluggish sales.
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Plan to Jumpstart Lending Unveiled by Fed and Treasury
The Treasury Dept. along with the Federal Reserve announced on Tuesday, 11/25 their plans to pump hundreds of billions of dollars into the struggling economy. The intention of this cash infusion is to jumpstart lending for mortgages and consumer debt which has been frozen by many of the nation's banks.
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La Jolla, CA - Scripps Institution of Oceanography Expansion Nearly Complete
First off let me start by wishing everyone a Happy Thanksgiving from La Jolla. A new state-of-the art conference center is nearly completed on the ocean-front campus. The new center will be home to major meetings which will discuss such timely topics as sea life and climate change.
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San Diego Real Estate and National Home Sales Showing Affordability Improving
Home sales in San Diego County have shown an increase for the past four months. Sales figures are from October of this year. When compared to the previous year, sales were up a whopping 97.5 percent. When measured year-to-date, home sales are now up 5.8 percent.
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Parade and Festival mark the start of the Holidays in La Jolla
A wonderful holiday tradition takes place on Sunday, December 7 in the village of La Jolla. The 51st annual La Jolla town Council Christmas Parade will beckon the locals from the nearby hills and beaches to ring in the holiday season. The theme of this year's parade is "History on Parade," in recognition of the importance of the La Jolla's rich history and tradition. The parade will run from Girard Ave. to Prospect Street to Draper Avenue and kick-off at 2 PM.
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U. S. Treasurer Paulson Urges Banks to Offer Homeowner Assistance
Some new programs are available to home owners who are current with their mortgages, yet in danger of losing their homes to re-adjusting loan rates.
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Children's School in La Jolla to Expand
The Children's School in La Jolla is a non-profit, private school. The property on which the school sits is leased from the San Unified School District. The school was for many years a public school. The school unveiled plans to expand 6th - 8th Grade classroom facilities as well as the improvement of parking areas.
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San Diego Mortgage Update
On Friday, October3, Congress approved a revised version of the Federal $700 billion dollar Economic Stabilization
Bill. The legislation was approved by a vote of 263 - 171. President George Bush signed the bill into law later that day.
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New Ruth Mills Listing in Pacific Beach
Make sure to view our new listing located at 747 Windemere Court in Pacific Beach. Great home with
two bedrooms and two baths, located close to the beach.
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Xanadu Comes to La Jolla
I wrote a blog about this awhile ago because there was a time in my life that
I really loved the music from Xanadu. In the previous blog, I talked about the production
coming to La Jolla. Well, the time has come. On Nov. 23rd, Xanadu will makes
its premiere at the La Jolla Playhouse.
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La Jolla Home Prices on the Rise in October
Here are some new numbers for average prices and number of transactions in San Diego County, for the month
of October. Average prices fell in many areas, while some areas remain strong and actually posted a
higher average compared month to month.
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New Bailout Announcements for Homeowners
Citigroup, one of the largest banks in the United States, announced that they would be taking measures to
prevent more foreclosures. The company will be reaching out to approximately a half million people, who are not
currently in foreclosure, but may be at risk. Citigroup plans to modify their payments in order to help
them stay in their homes. For free counseling on this subject make sure to check out the official HUD website.
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Free Career Seminars for La Jolla Residents
Hopefully none of you living in La Jolla, San Diego, or, really, anywhere for that matter, has been a part of the
escalating unemployment. But if you have fallen onto hard times, here's a bit of good news for you.
UCSD is now holding free seminars to San Diego County residents, who are currently on unemployment. The
seminars will focus on career and life.
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La Jolla School Wants to Expand, Residents Don't
Some La Jolla residents are not happy about the proposed expansion of Children's School, a private school
in La Jolla. The school was built in the 50's and wants to add more space for classrooms, however the
school does not want to increase its enrollment. The expansion will improve parking lots, as well as,
optimize drop off / pick up areas and the added classroom space will be environmentally friendly by
featuring solar panels.
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Water Conservation in San Diego
It's time to begin conserving your water intake in San Diego. Recently, the state decided to cut back on
its water delivery, beginning in 2009, to San Diego and other regions of southern California. This is in
response to the lack of water, which is now experiencing all-time lows, forcing the Dept. of Water Resources
to only allow fifteen percent of the water being requested.
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