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Housing market optimism means larger homes, Pardee exec says

The housing cycle has taken an optimistic turn, which brings increased demand for design features and larger, higher priced homes.

CAR: San Diego housing affordability drops in 3Q

Housing affordability fell for the sixth consecutive quarter in California, after reaching an all-time high in the spring of 2012, as significantly higher home prices shut out more California homebuyers during the third quarter of 2013, according to the California Association of Realtors (CAR).

Rise in trustee deeds called market 'aberration'

San Diego trustee deeds increased 24 percent in October from September, but local experts say this isn’t the start of a trend.

SD-area home prices in September rose from 2012, August

Home prices in the San Diego-Carlsbad-San Marcos area, including distressed resales, increased by 22.1 percent in September 2013 compared to a year ago and rose by 1 percent from August, according to CoreLogic’s September Home Price Index (HPI) report.

Less than 1% of SD area homes in some stage of foreclosure

There were 3,147 completed foreclosures in the San Diego-Carlsbad-San Marcos area in the 12 months ending in September, according to CoreLogic's September National Foreclosure Report.

SD annual home prices up in September; sales down

Home prices in the San Diego metro area are up 22 percent from last year, while sales are down 17 percent, according to RealtyTrac’s September 2013 U.S. Residential & Foreclosure Sales Report.

California, SD equity resales up in September

LOS ANGELES -- The share of equity home sales in California continued to grow in September, now making up more than eight of every 10 home sales, the highest level in nearly six years.

Biotech companies' hiring expansion may increase space demands

The BioSpace life science publication reported the number of biotech employers posting jobs in Southern California rose 31 percent, year over year -- which could fuel the demand for additional biotechnology space.

It's been the fast track for Meissner Jacquet co-founder

Jerry Jacquet, principal at Meissner Jacquet Investment Management Services, points with pride to a photograph of a sleek racing car on the track at the Long Beach Grand Prix.

Vacancy rates for industrial space at lowest in years

A Cassidy Turley report concludes the industrial vacancy rate fell for the seventh consecutive quarter during the first three months of the year -- ending at 9.3 percent -- its lowest level since mid-2011.The report tallied 366,165 square feet of net absorption for the first quarter. That meant that more than 4 million square feet of space has been absorbed countywide since June 30, 2011 -- equating to a quarterly average of 577,000 square feet.

Uptick in leases for Class B office space

There was a time, only a couple of years ago, when vast chunks of Class A office space in San Diego County were occupied during a flight to quality free for all. Now, it’s time for Class B to shine.

Real estate experts weigh the value of being different

Real estate professionals talked about different approaches to innovation at a Pacific Coast Builders Conference panel discussion Wednesday.

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Up-To-Date Real Estate Statistics

Notices of Default

A notice recorded to show that the borrower has not made timely payments of interest and principal as required or met other provisions of a bond, mortgage, lease or other contract. Trails the performance of the San Diego County economy because it indicates borrowers cannot pay bills in a timely manner.

Trustee Deeds

A deed, or document that transfers the title of real estate, passes ownership of real estate in default to the buyer from the guardian of the trust deed. Tracks the movement of foreclosures in San Diego County.

Roundtables

Delaying a property sale might not make financial sense

Lack of inventory isn’t the only factor keeping move-up and first-time buyers from entering the housing market — but the math behind their reasoning might not be in their interest.

With improving prices and resales, Realtors like what they see

“Optimism” was the byword of a residential real estate roundtable discussion sponsored by the Greater San Diego Association of Realtors last week at The Daily Transcript offices.

Homebuyers, sellers may be surprised come spring 2014, experts say

Local real estate professionals took a look back on 2013 while predicting what’s to come in 2014 at a recent roundtable discussion hosted by The Daily Transcript. The biggest change for buyers and sellers in 2014 will be the absence of investors come spring, they said.

Land sales indicate SD's housing market is healthy

Land sales in San Diego’s unincorporated areas indicate a healthy market, while a paradigm shift is causing high-end La Jolla homes to sit on the market.

Real estate trends center on low inventory

Low housing inventory seems to be dictating other trends in the market: competition, prices and pocket listings.

Housing demand is up, inventory is low, and prices are increasing in San Diego

The housing market took a turn six months ago with increased demand leading to higher prices and competition for inventory, according to a group of real estate professionals at a roundtable discussion hosted by The Daily Transcript.

Worry over 'fiscal cliff' impacts commercial real estate

Whether it is military downsizing, sequestration or a “fiscal cliff” that is fast approaching, it is already having an impact on commercial real estate.

Underwater borrowers further constrain low-inventory housing market

Underwater borrowers in San Diego County are contributing to pent-up demand resulting from a lack of inventory, which is causing multiple offers on homes and prices to increase slowly, according to local real estate experts at a roundtable discussion hosted by The Daily Transcript and sponsored by the San Diego Association of Realtors.

San Diego County needs more homes on the market

A limited inventory of houses means the San Diego real estate market can stand to absorb a possible influx of foreclosures, local experts said at recent roundtable discussion at The Daily Transcript sponsored by the San Diego Association of Realtors and North Island Credit Union.

Foreclosures, distressed home sales still dominant in residential real estate

Experts in the residential real estate industry seem to be more upbeat than they were a year ago, but distressed sales and foreclosures continue to drag on the market.

Profiles

Berkshire Hathaway - Ghassan Aboukhater

Realtor Ghassan Aboukhater knows how to treat his high-end customers right. The Lebanese native grew up in the hotel business, worked for two Swiss banks, knows several dozen millionaires and billionaires, and speaks French and Arabic.

Torrey Pines Bank - William McLennan

The current commercial real estate boom has meant good times for builders, developers, buyers and tenants. And lenders are prospering from the turnaround as well. One of the local lenders that has been a consistent supplier of financing is the real estate department of Torrey Pines Bank, which funded $425 million in new loans last year, up from $412 the prior year.

Shore Point Real Estate - Alex Rojas

Alex Rojas founded Shore Point Real Estate in February 2012. Opening his own office has allowed Rojas to give back to his Pacific Beach community.

HFF's Wright sees high land value shaping market in San Diego

One could say that Tim Wright, senior managing director of HFF in San Diego, has assimilated quite well since coming from the Midwest to Southern California in the late '70s and "feeling like a foreign exchange student" at the University of California, Santa Barbara.

Friedrich requires his Cresa brokers to be hunters

Southern California life may be laid-back, but at the San Diego office of Cresa Corporate Real Estate, the 12 brokers don't do laid-back.

SDAR Scoop

SDAR Scoop September 2014

Sept. 8, 2014 -- George Chamberlin and Leslie Kilpatrick, president of the Greater San Diego Association of Realtors, discuss recent housing numbers and an upcoming event designed to help Realtors take advantage of new technology.

Real Estate Trends videos

Leslie Kilpatrick, Donald Coleman on the real estate market

June 26, 2104 -- George Chamberlin speaks with Leslie Kilpatrick, president of the Greater San Diego Association of Realtors, and Donald Coleman, vice president of real estate member experience for USE Credit Union, about what's happening in the residential real estate market and the role a credit union can play in buying a home.

Archived Reports

Real Estate Trends - 2013

Explore the latest industry trends, issues and market predictions.

Real Estate Trends - Fall 2012

Explore the latest industry trends, issues and market predictions.

Real Estate Trends - July 2012

Explore the latest industry trends, issues and market predictions.

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