downtown san diego condo: Tips on How to Complete a Sale of a Downtown San Diego Condo - 05/29/12 11:51 AM
In today’s Downtown San Diego Real Estate market, it is critical to know the best ways to sell your Downtown San Diego Condo or Downtown San Diego Loft. There are essential steps of getting prepared to sell your home.
The first step to success is to make sure that your home is clean and organized. If there is a lot of clutter sitting around, a potential buyer may think there is less space in the home than there really is. By keeping the interior organized, the home gives the impression that it is spacious and welcoming.
The second step is to have everything in good working condition. … (0 comments)
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downtown san diego condo: Real Estate Incentives in Downtown San Diego - 05/29/12 11:50 AM
As a Downtown San Diego Real Estate investor, you should be aware that there might be units on the market where the seller is offering incentives to real estate professionals. While these incentives are supposed to be used to increase the amount of attention given to a particular unit, it may also lead the real estate professional to do something for themselves instead of their client.
In the article “Make Sure Selling Incentives Don’t Break the Rules,” the Daily Real Estate News outline some guidelines regarding incentives. The original idea behind incentives was to offer some kind of reward to real estate professional when it comes to … (2 comments)
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downtown san diego condo: FOR RENT : Spacious Street Facing Condo in Palermo Located in the Little Italy Neighborhood - 05/08/12 11:51 AM
This is a spacious Street facing Downtown San Diego Condo in Palermo that has 749 square feet of living space, 1 bedroom, 1 bathroom and a good size balcony with views of the Little Italy neighborhood. This 5th floor home has carpet in the bedroom and living room, tile flooring in the kitchen and bathroom, good amount of storage, an open floor plan and a spacious kitchen. There is a stackable washer/dryer to the left of the kitchen right before entering the bathroom. The bedroom has a good size closet and there is also a storage closet in the entry/living room … (0 comments)
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downtown san diego condo: Downtown San Diego Condos and Lofts Sold by Average Sale Price Jan to Feb 2012 - 05/01/12 10:19 PM
The graph above is showings us the average sale price for Downtown San Diego Condos and Downtown San Diego Lofts for January compared to February of 2012. Downtown San Diego is starting to see an increase in the average sale price. As you can see, Februry's sale price is slightly higher compared to January's sale price with about 2%.
To compare other 92101 Urban Living's graphs and to read other Downtown San Diego Real Estate blogs click on Downtown San Diego Condos & Lofts Sold - Cash vs. Financing in February 2012 and Downtown San Diego Condos & Lofts Sold … (0 comments)
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downtown san diego condo: Downtown San Diego, Downtown San Diego Condos, Downtown San Diego Lofts, Downtown San Diego Real Estate, A purchase strategy for distressed real estate - 05/01/12 10:18 PM
As an overall industry standard, most lenders require you pay a 20% down payment. However there is an alternative for Downtown San Diego Condo and Downtown San Diego Loft homebuyers that require only 3.5% down. The Downtown San Diego Real Estate Market has 175 active homes available and out of these, 105 homes qualify for an FHA loan. Homebuyers see FHA loans as a perfect option as they come with a low down payment (usually around 3.5% of the purchase price) and they are also backed by a federal agency. Lending institutions has during the last couple of years lost … (0 comments)
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downtown san diego condo: VA is Reducing the Maximum Loan in Downtown San Diego - 05/01/12 10:16 PM
VA will be making some changes for the New Year and on January 1st, 2012 the maximum loan for 100% financing will be lowered to $477,000 in Downtown San Diego including San Diego County.
Riverside County will remain at $417,000 but Orange County will reduce where the maximum loan for the 100% financing will be $621,000. If you are a veteran and would like to obtain loans over the $477,000 amount you would need a down payment of 25%.
If you are a veteran looking to invest in Downtown San Diego Real Estate and for example you are looking to … (0 comments)
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downtown san diego condo: 30-Year Mortgage Rates at a Record Low - 05/01/12 10:15 PM
Home buyers interested in Downtown San Diego Real Estate are in a great position as mortgage rates continue to drop. There are many different options out there for investors of this urban community as Downtown San Diego has 6 unique residential neighborhoods that offer something different depending on what you would like to experience as soon as you walk out your front door.
We have the Italian inspired Little Italy with their bakeries, cafes, small boutique shops and a family feel. The East Village/Ballpark is the largest neighborhood and also the newest. You can here find Petco Park and the … (0 comments)
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downtown san diego condo: Downtown San Diego Condos & Lofts Sold by Type of Sale 2011 - 05/01/12 10:11 PM
Downtown San Diego had during the year of 2011 a total of 1028 sold Downtown San Diego Condos and Downtown San Diego Lofts.
Out of the 7 neighborhoods in Downtown San Diego the East Village/Ballpark District has most sold units of 312. Not too far behind was the Little Italy District with 209 units sold. The Cortez Hill District had 102 units sold. The Marina District and the Columbia District shared 4th place with a total of 171 units sold. The Gaslamp District had 51 units sold and last the Metro with 12 units sold.
According to this graph, Developer sales … (0 comments)
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downtown san diego condo: Lane Field in Downtown San Diego to Become Hotel & Park Space - 03/18/12 12:00 PM
The Port of San Diego has given the yes to move forward with the plan to redevelop the former home of the Padres…Lane Field. Located in the Columbia District of Downtown San Diego a new hotel tower with 400 rooms and a park might be on the schedule as long as the California Coastal Commission agrees.
In the plans for this area before the Port released this current plan was the vision of a luxury InterContinental Hotel. The plans changed as result of the economy where financing would be a problem as well as the park space requirement. There might still … (0 comments)
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downtown san diego condo: Downtown San Diego Condos & Lofts Sold During 2011 - 02/01/12 09:54 PM
Downtown San Diego Real Estate has during 2011 been showing that Developer sales drastically lowered their number of sales and that Resale's are coming up strong. With a total of 1,029 Downtown San Diego Condos and Downtown San Diego Lofts sold in 2011, Resale's shows 403 sales and Developer a number of 217 sales. This is totally the opposite if you compare to the year 2010 when Developer sales were dominating the Downtown San Diego market. As the graph is showing above, Resale's stands for 39% of what was sold during 2011 and Developer sales stands for 21%.
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downtown san diego condo: Major Renovation of Seaport Village in Downtown San Diego - 02/01/12 09:41 PM
Downtown San Diego is known for its Seaport Village with its perfect waterfront location and Spanish & Victorian feel. Many come here to have a good time mixed with shopping, dining and entertainment. Seaport Village located in the Marina District might change the way we see it today as big plans has been up for discussion for some time now. The Port of San Diego held a couple of workshops last year where all Downtown San Diego Condo and Downtown San Diego Loft owners, residents and business owner were invited to get the chance to have their voices heard. Some … (0 comments)
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downtown san diego condo: Downtown San Diego Real Estate Update - 01/24/12 10:21 PM
Here is some great information on what is going on with the Downtown San Diego Real Estate market where the graph above is showing us how many Downtown San Diego Condos and Downtown San Diego Lofts that were sold in October compared to November 2011. There were 61 sales for the month of November with 82% of them selling under $500,000. However, we did have 3 sales over $2,000,000 this month in Downtown San Diego which helped increase the average sale price for the month to $457,491. This is up 15% over the last month. Cash sales were also strong accounting for … (0 comments)
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downtown san diego condo: The Quiet Zone Project has Been Delayed - 01/24/12 10:16 PM
The so longed for completion of the Quiet Zone Project in Downtown San Diego is not going to be finished as planned. The CCDC (Centre City Development Corporation) announced that the project will take longer due to difficulties related to transitioning to new train signaling, timing and safety systems.
The Quiet Zone Project was supposed to be completed in March 2012 and many Downtown San Diego Condo home owners in nearby complexes such as Bayside, The Grande, Breeza, Treo and Electra are concerned about the delay as the new completion is set for late Spring 2012.
To read more … (0 comments)
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downtown san diego condo: Record Low Mortgage Rates - 01/24/12 10:12 PM
We are sure that you already know this, but we wanted to give you a broader overview of the historically low mortgage rates that have hit our real estate market over the past couple of weeks.
With a rate average that is below 4%, real estate transactions just keep getting cheaper when it comes to financing your purchase. These incredible rates afford first-time home buyers, real estate investors, and repeat or 2nd home buyers a perfect opportunity to buy in Downtown San Diego.
During the past 40 years, Freddie Mac has kept track of home loan interest rates; only … (0 comments)
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downtown san diego condo: Ongoing Major Projects in Downtown San Diego - 01/24/12 10:09 PM
Downtown San Diego is definitely a city with a lot of different projects going on at the same time and CCDC (Centre City Development Corporation) is the organization responsible for creating a livable Downtown community as well as planning for the future. CCDC is a public nonprofit organization acting on behalf of the Redevelopment Agency of the city.
We always suggest visiting the CCDC’s website for more information on the different ongoing projects in Downtown. Many Downtown San Diego Real Estate investors looking to buy a Downtown San Diego Condo or a Downtown San Diego Loft can get a … (0 comments)
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downtown san diego condo: Environmental Award goes to the Port of San Diego - 12/09/11 03:34 PM
The Port of San Diego’s Green Port Program in Downtown San Diego was recognized and received an environmental award at the 4th annual Work Boat Environmental Awards on Nov 30th, 2011 in New Orleans. The program got first place in the category of “Comprehensive Environmental Management Plan”.
This category is for businesses and government agencies that exemplify innovative and effective environmental process initiatives. The Green Port Program’s purpose is to increase energy efficiency of businesses around the San Diego Bay as well as reduce their environmental impacts. Many businesses around the San Diego Bay as well as Downtown San Diego Condo and Downtown San Diego Loft residents have teamed … (0 comments)
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downtown san diego condo: Luxury Christmas at The Andaz Hotel in Downtown San Diego - 12/08/11 01:49 AM
The Hyatt Andaz Hotel located at 6th and F Street in the middle of the Gaslamp District in Downtown San Diegohas exactly what you are looking for in this Christmas holiday season.
The hotel is offering a discounted Gaslamp Wonderland Package. The package is starting at just $199 per night and includes;
1 guest room with the option to upgrade to one of Andaz’s guest suites Complimentary valet parking $50 Nordstrom gift card to use at any Nordstrom location including Horton Plaza which is located just steps away from the hotel A signature adult hot chocolate prepared exclusively for you by the Quarter Kitchen executive … (1 comments)
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downtown san diego condo: Mad House Comedy Club Opens in the Gaslamp District - 11/25/11 05:58 PM
Want to try something new? Last week, brothers Robert and Michael Lariviere opened up the newest comedy club ” Mad House Comedy Club” in the Gaslamp District and decided to put it right in on the top floor of Horton Plaza in Downtown San Diego.
Robert and Michael have been in the restaurant and comedy business for years now and decided it’s about time to open up their own spot. Michael is behind the comedy and Robert is in charge of the restaurant.
Michael will be performing randomly throughout the week at either the 8pm show during the week or the 10.30pm show on the weekends. … (0 comments)
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downtown san diego condo: IHop Express in the Gaslamp District - 11/25/11 05:56 PM
A new concept of the famous IHop restaurants has recently hit the Gaslamp District in Downtown San Diego…it is called IHop Express. This concept has never existed outside of military bases, and college campus’s so it is essentially an experiment for the general public.
Cup o’ Pancakes anyone? Yes, that is a menu item on the new self serve express menu and it is exactly what it says…a cup with some pancakes in it. The new location at the corner of 4th and G Street is in my opinion a great spot for business because you are right in the heart of the busiest … (0 comments)
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downtown san diego condo: Appraisals Effect Downtown San Diego Real Estate - 11/17/11 04:27 PM
Can appraisers effect home sales? This is a question that Downtown San Diego real estate professionals and buyers really did not pay too much attention to a while ago. Now, this is something that definitely is of concern. Why is this happening? Bad comps like short sales and foreclosures are some of the reasons that this has been happening.
Around 1/3 of real estate professionals have reported that appraisals have delayed their sales process. The cancellation’s and renegotiation’s to lower the sales price point is up as high at it has ever been…this figure made up of 29% of sales last year and … (0 comments)
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