Archive for the 'Market News' Category
Will San Diego Home Sales Keep Dropping?
A PBS affiliate website recently ran an article about San Diego real estate. Specifically, the piece talks about San Diego home sales dropping, and how new data suggests the decline will continue.
Article excerpt:
Cox says originally real estate watchers believed the lagging housing market might bottom out this summer when home buying season is in full [...]
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Weak Start to California Home Buying Season?
A recent article suggests that the home-buying season in Southern California is off to a weak start. The article cites data provided by Metrostudy, a real-estate information firm in Riverside.
An excerpt of the article:
Metrostudy, a real-estate information firm based in Riverside, reported 5,414 new home sales in Riverside and San Bernardino Counties in the [...]
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San Diego’s Urban Real Estate Services Creates ‘Small Projects Division’
Some recent news regarding San Diego real estate.
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Begin Press Release
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SAN DIEGO–(BUSINESS WIRE)–Urban Real Estate Services (URES), a commercial and residential real estate company specializing in downtown and urban infill real estate sales & marketing consulting has created a new division to cater to the smaller urban developer in San Diego’s many emerging redevelopment and urban [...]
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California Home Sales Fall in March 2007
According to a recent story on Inman News, “[t]he rate of single-family home sales plummeted 20.8 percent while home prices rose 3.2 percent in March compared to the same month last year, the California Association of Realtors trade group reported today.”
The article goes on to quote Colleen Badagliacco, president of the California Association of Realtors, [...]
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San Diego Home Foreclosures Rising
According to an article on NBCsandiego.com, home foreclosures in San Diego are on the rise. The article states that “Virtually every neighborhood in San Diego County has dozens of homes in foreclosure.”
Why so many home foreclosures in San Diego? Exotic loans are to blame in this article:
“The surge in foreclosures is being blamed on exotic [...]
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San Diego Real Estate Prices – Still Climbing
According to a recent article at the San Diego Business Journal, San Diego real estate prices are still on the rise. The article also states that luxury home sales, in particular, remain strong.
Says the head of the San Diego Association of Realtors:
Luxury home sales have not been affected by the slowdown as much as other [...]
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