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A Great Condo Deal at Renaissance – Downtown San Diego
January 26th, 2010 Categories: Buying
The Renaissance condo towers in downtown San Diego, probably offer the most convenient location in all of downtown. It’s located at 645 Front Street, right in the heart of downtown San Diego’s Marina district. Not only is it right across the street from Ralph’s grocery store, it’s also a block away from Nordstrom and Horton Plaza. You also have a Wells Fargo, dry cleaners, tanning salon, It’s a Grind and a Postal Annex right at the bottom of your building(I may be missing something…)! This condo highrise is perfect for those who want to truly live downtown and drive as little as possible.
Flood at Vantage Pointe Condos
November 6th, 2009 Categories: Buying
Last night, there was a massive flood that prevented residents to enter downtown San Diego’s Vantage Pointe condos. I spoke to a tenant there and her words were, “I’m so glad I don’t own here.” I know these problems are somewhat common for new highrises, but I can’t help but see this as one of many more problems to come. Good luck….
San Diego Condo Rentals
September 9th, 2009 Categories: Buying
Are you looking to rent a condo in downtown San Diego until you’re ready to buy? Even though the real estate market is market is down and there are plenty of great San Diego condos for sale, some of you may not be ready to buy. Well…why not let me help you find a place to rent? If you’re tired of living in Pacific Beach and want to move downtown, give me a call.
Downtown San Diego Penthouses
September 8th, 2009 Categories: Buying, San Diego Sales Statistics
So we all know that the low end of the San Diego condo market is moving, but what’s going on with the penthouses and higher end condos? Is anything selling? Well the short answer is…not really. The multiple offers and 100% list-price-to-sales-price action that we’re seeing in the lower end of the condo market is completely different from the high end condo market.
Asbestos Prevention Tips
June 2nd, 2009 Categories: Buying
In the San Diego real estate industry, many additional responsibilities may arise for those purchasing homes. The state of California provides a great environment for active lifestyles and is regarded as one of the top states to call home. Known for a large industrial history, California’s economy has had success in areas such as ship-building, mining and power generation. These industries found many usages for asbestos, as the material has fire and heat resistant qualities.
Although asbestos exposure does not always pose health risks, it is still highly recommended that home buyers determine if asbestos containing
This is not a Test…This is NOT a Test
March 11th, 2009 Categories: Buying
A few days ago, I wrote about a great deal in the Renaissance condo highrise, in downtown San Diego. Today, I’m telling you to hurry up and call me. What was once purchased for $810,000, is now listed for $449,900! This incredible 2 bedroom, 2.5 bathroom, 1,295 square foot condo has great water and city views and has an open floorplan. This deal is going to be gone soon.
Unit 1006 at the Renaissance is a bank owned condo – a foreclosure. It was listed on the 7th and the banks going to review all offers tomorrow – Thursday. After that, you’re out of luck. If you want to get in on this deal, you have to act fast. From what I’ve been told, you won’t get a second Read the rest of this entry »
Why you Should be Working with a Specialist
February 23rd, 2009 Categories: Buying, Denny Oh
Yes, you can search the MLS and see everything I can see(except for pocket listings). Yes, you can see what things have sold for. And yes, you can go to open houses on your own and check out most homes. But do you know which buildings require 50% down? Do you know which lenders to go to if a building is in litigation?
Hard Rock Hotel San Diego – Buy Me??
February 20th, 2009 Categories: Buying
I’m sure many of you have dined at, partied at, or even stayed at the Hard Rock Hotel here in downtown San Diego. But did you know you could own here? For many, owning a piece of downtown San Diego is just a dream – the prices are too high, it’s too much work to rent out, there’s too much maintenance, or the weather’s just too…perfect?
4 Things to Know About Real Estate in 2009
January 21st, 2009 Categories: Buying, Real Estate News
How will homes prices and sales in 2009 compare to 2008? Will San Diego’s real estate market see an increase in sales? Or will we see a further decline in home prices? Here is a summary of an article that was written by Alan Nevin that you’ll want to read.
1. Interest Rates will Fall
Nevin points out that as the price of money continues to fall, “the U.S. [will maintain] its No. 1 position as a safe harbor for international funds.” He goes further, arguing that because of this, investors will keep their money in the bank and away from international stock markets.
Why You Need to Sell Your Home Today
January 8th, 2009 Categories: Buying, Selling
I recently posted a blog that reviewed some sales statistics at The Grande condos. The analysis covered sales in both the North and South Grande towers, primarily during the second half of 2008. This post addresses a comment that a reader posted.
Comment from “citiboy”:
Denny
EXCELLENT analysis.
Your suggestion to sellers is right on the mark.
The buyer scenario makes perfect sense.
I would take exception with the recovery time of 18-24 months. The high end price range will recover much faster than the mid price range only because of the amount of inventory available.
