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October, 2008
Trick or Treat
October 24th, 2008 categories: Miscellaneous
It’s the week before Halloween and I have no idea what I’ll be doing. I have no costume, nor do I even have an idea of what I want to be. Shortly after I bought my condo 3 years ago, I went out and bought some candy to pass out at Halloween. Unfortunately, no kids decided to come by my neighborhood(I live in neighborhood that primarily consists of apartments and condos). I was ready the next year and the next year – still no kids.
| Discussion: 2 Comments »
Be Fearful When Others Are Greedy and Greedy When Others Are Fearful
October 24th, 2008 categories: Real Estate News
THE UNION TRIBUNE SAYS SOMETHING GOOD ABOUT THE MARKET. “Housing downturn could be approaching bottom,” is what it said on the front page of the Business section of Tuesday’s UT. This is the same UT that published an article titled, “S.D. housing market remains 5th weakest” just 20 days prior.
| Discussion: No Comments »
The Grande South - Buy NOW!
October 21st, 2008 categories: Deals, The Grande
One of our listings has recently gone to short sale status. Unit 3902 in the Grande South(119 Pacific Hwy) is now priced at $1,525,000. This is an unbelievable price. The owner purchased this top floor penthouse for $1,985,000 back in August of 2005. That’s a 25% price reduction! Even better, at 1,844 square feet, this penthouse is priced at a mere $827 per square foot. This is way less than most top floor penthouses.
| Discussion: 2 Comments »
Agency Conforming Loan - Best Used by 12/31/08
October 14th, 2008 categories: Real Estate Finance
Have you heard of an Agency Conforming Loan? Well if you haven’t and you’re thinking about buying a home, READ THIS! Earlier this year, the soon to be former President Bush, authorized a Stimulus Package that created a new loan – the Agency Conforming Loan. Generally speaking, you have three loan categories – Conforming, Agency Conforming and the Jumbo.
| Discussion: No Comments »
Alan Nevin Says Buy
October 8th, 2008 categories: Real Estate News
Alan Nevin, director of economic research for Market Pointe Realty Advisors, recently published an article in the San Diego Metropolitan Magazine that discusses Downtown San Diego’s real estate conditions. In his article, Nevin focuses on three topics – Inventory, Prices and Growth.
| Discussion: 6 Comments »
Is It A Good Time To Buy?
October 3rd, 2008 categories: Real Estate News
Yes, the economy is in poor shape. Yes, the stock market is down and yes, real estate prices are down. My friends will tell you that I’m not a huge optimist, but I don’t think I’m pessimistic either. I think that I see things how they are and I tell it like it is. And what I’m seeing now, is that a lot of people are taking advantage of the cards that have been dealt.
| Discussion: No Comments »
Rare 3 Bedroom for Sale In Little Italy
October 1st, 2008 categories: Featured Listings
We all know that it’s rare to ever find a 3 bedroom condo for sale in Downtown San Diego. And when you do come across one, it’s either in Union Square, or it’s over a million dollars – or worse, it’s a 2 bedrooms plus den and not a true 3 bedroom.
Luckily, I have a true 3 bedroom condo for sale! Even better, it’s in La Vita and it’s not a short sale. This 1,328 square foot condo is a corner unit and has protected views.
| Discussion: 1 Comment »
Grande South Penthouse - Short Sale
October 1st, 2008 categories: BOSA Development, Deals, The Grande
Here is a great deal that I have for you. The condo is located in the Grande South tower, which is 1199 Pacific Hwy. This is on the top floor and has incredible views. I’ve said it before and I’ll say it again – this may be the best condo I’ve been in in Downtown San Diego.
Originally listed at $1,985,000, unit 3902 is now a short sale and is priced at $1,675,000! For those of you who are mathematically
| Discussion: No Comments »
Denny Oh
(858) 243-2092
