Really Simple Syndication
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- For Lease: +500 sqft Patio and 100 sqft Closet!
- Home Prices are Up
- Want to be on TV?
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Pacific Sotheby’s International Realty!
April 15th, 2013 Categories: Denny Oh, Real Estate News
Windermere Signature Properties has become the newest Sotheby’s office in San Diego county. We’re now part of Pacific Sotheby’s International Realty. Sotheby’s is one of the top names in real estate worldwide and is quickly becoming one of the best real estate brokerages in San Diego. As a company, Pacific Sotheby’s grew 60% from 2011 to 2012.
Pacific Sotheby’s is led by CEO Brian Arrington and his partners Steve Games and Nyda Jones-Church (founders of Prudential California Realty). Aside from having a better brand, greater exposure (for sellers) and more resources, not much else will change. I’ll still answer the phone when you call and I’ll still be the one helping you with your real estate needs.
If you have any questions or concerns, please let me know. Thanks and I look forward to hearing from you!
Denny Oh 858-243-2092 [email protected]
Here’s a quick (just under 3 minutes) video about The Sotheby’s International Realty brand.
For Lease: +500 sqft Patio and 100 sqft Closet!
April 11th, 2013 Categories: Featured Listings, San Diego Rentals
I just listed an incredible one bedroom at The Mark. This unit has a HUGE private patio (approx. 22′x24′). The patio is gated and even comes with a custom built organic garden! Unit 301 at The Mark is a large 919 sqft 1br/1ba condo (the bathroom is accessible from the master bedroom and the living room, so you don’t have to have people going through your room) and has a HUGE walk-in closet (approx. 10′x10′), which is about the size of most guest Read the rest of this entry »
Home Prices are Up
April 10th, 2013 Categories: Real Estate News
According to the San Diego Association of Realtors, single-family homes prices are up…a lot! Countywide, homes prices were up 19% in March (versus March ’12) and up 5% from February 2013. Condo prices in March increased 14% from February and 30% from March of 2012.
With only 1.5 months of available inventory, market times have decreased by about a third (90 to 60 days) from the year before. While prices are rising at an impressive rate, I don’t see this continuing for too much longer. Sooner than later, home owners will realize what they can get for their homes and inventory will pick up – which is the main reason why prices are rising now.
If you’re looking to sell, I’d suggest doing so soon.
Want to be on TV?
March 22nd, 2013 Categories: Miscellaneous
Do you live downtown and have a cool, urban looking condo? I’ve been contacted by an upcoming show called Flipping San Diego that will be on TV later this year and they’re looking for some inspiration. If you live downtown and have remodeled your condo and want to be on TV, please contact me ASAP. They’re looking to film in the next week or two and it will only take an hour or so. They’re looking for an “urban, contemporary” feel. Thanks.
Top US Real Estate Markets
March 21st, 2013 Categories: Real Estate News, San Diego Sales Statistics
In a recent study run by Redfin, San Diego was ranked the sixth hottest real estate market in the country. The study, which was summarized in the San Diego Daily Transcript (“San Diego 6th fastest” 3/18/13) said that Redfin based their report on listings that “[went] under contract in 24 hours or less.” San Diego was California’s hottest market with 135 sales (the study looked at listings from 10/1/12-2/26/13), with Los Angeles (132) and Sacramento (128) close behind.
Phoenix was at the top of the list with 540 listings selling within the first 24 hours, Chicago was second with 261 sales and Houston (188), Dallas (184) and Austin (163) rounded up the top five cities. Only Chicago, Baltimore (with 97) and Washington DC (87) were not in the West. According to the study, San Diego’s inventory dropped 50.1% in February of 2013 from the year before.
Want a Share of The Lion’s Share?
March 19th, 2013 Categories: Featured Listings, San Diego Real Estate Deals
I recently co-listed 629-33 Kettner Blvd with Victor Krebs and Rob Morgan of Colliers International. This is a rare property in an incredible location. 629-633 Kettner Blvd is located between Harbor Drive and G Street in downtown San Diego’s coveted Marina District. The property is right across from the Park Place condos, near the Manchester Grand Hyatt, Seaport Village and the old police headquarters.
The two addresses are part of a two story brick building that has approximately 5,841 square feet. Originally built in 1926, the upstairs was completely remodeled in 2009/10 and the downstairs in 2011.
Rare Queen 1 Br at Hard Rock
March 18th, 2013 Categories: Hard Rock Hotel, San Diego Real Estate Deals
I just listed a one bedroom condo at the Hard Rock Hotel in downtown San Diego. The Hard Rock Hotel is a condo-hotel, meaning all the rooms are individually owned, but can be rented out by the owner, or more commonly, by the hotel’s management company. This can be a great option for people who want to spend some time in San Diego, but also want to benefit from the rental income while they’re away (unlike a traditional rental, that is typically rented for 3-12 months at a time). What’s great about this unit specifically, is that it’s a Queen One Bedroom; this means that it has two queen beds and a separate living room.
Harbor Club 3101 Rental
March 14th, 2013 Categories: Featured Listings, San Diego Rentals
Unit 3101 at Harbor Club in downtown San Diego is now available for rent. At 1,574 square feet, this condo is the largest floor plan in the building, minus the half and full floor (or combined units) condos. Generally speaking, each floor at the Harbor Club has only three condos: a 1,036 sqft 1 bedroom, a 1,474 sqft bubble unit and the large 1,574 sqft plan. This floor plan is typically a 2br/2ba, but the owner has converted the second bedroom into an office that opens up into the living room.
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Thanks JB
March 13th, 2013 Categories: San Diego Realtor Review
To anyone looking for a a great realtor in downtown SD…do yourself a favor and interview Denny Oh. I worked with Denny during the recent purchase of a DT condo. After speaking on the phone, he arranged for a visit to 6 places that fit my needs. A couple of them were”just right”. I made an offer (at Denny’s suggested price….and one I considered favorable to me). Within a day or so, my offer was accepted. During this part of the process, Denny displayed a great awareness of the local and current market. He also knew the sellers agent, and some others that we encountered along the way…. and in fact he knew of the history of offers on my particular unit…That detailed knowledge proved helpful in creating my offer.
There’s Nothing to Buy!
March 11th, 2013 Categories: Real Estate News, San Diego Sales Statistics
Since the beginning of 2013, I’ve (well, my assistant Kea) been monitoring the downtown San Diego condo market’s inventory. Each Wednesday I (she) records how many active, contingent and pending listings there are. Active listings are those that are available. Contingent listings are short sales that have offers accepted by the owner, but are contingent upon the bank approving the terms. Pending listings are those that have fully accepted offers and are in escrow.
Data is recorded each Wednesday and has been graphed below.
