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No new bubble for SD real estate market, experts say

San Diego’s home prices are increasing by double-digit percentages — but local professionals say it’s not like the bubble of the early 2000s.

San Diego needs to attract foreign homebuyers, SDAR president says

America’s housing market is heating up while some foreign markets are on fire and trying to cool down. This has created an opening for international buyers in the U.S. market, and SDAR’s president said San Diego needs to tap into that foreign dollar.

Reports: Regional apartment market remains strong

Reports by Marcus & Millichap and Cassidy Turley say San Diego will continue to have a strong apartment market, but new construction could soften things a bit.

Realtors learn generational differences in communication styles

When millennials see what they want, they want more and they want it faster than previous generations did.

Realtors learn benefits of clicks and 'likes' with clients

A click and a “like” haven’t replaced a telephone call and a handshake, but they have added a new and changing way for Realtors to connect and interact with clients.

SD real estate market truly marching forward

The median price of single-family resale homes jumped 19 percent in March from the same time last year, according to the Greater San Diego Association of Realtors (SDAR).

Jobs help county foreclosure indicators continue downward trend

The county’s notices of default decreased in March from February after a steep jump during the prior month.

Brokers say office, industrial improvement may bring spec construction

San Diego County's office and industrial markets continue to improve, and brokers at the local Colliers International office said they are reaping the benefits. “We are clearly in a recovery,” said Jim Spain, Colliers regional managing director, adding that his brokerage is stronger than it has been since 2006.

Apartment vacancies remain stable; rents continue to rise

San Diego County’s average apartment vacancy has changed little over the past six months, but rents have become incrementally more expensive.

Homebuyers, investors flock to 'hip' North Park

Home prices are skyrocketing in North Park, giving investors the advantage and leaving first-time homebuyers in the dust.

Wereldhave nets $110 million loss on First Allied Plaza, DiamondView sales

Dutch firm Wereldhave appears to have lost more than $110 million in six months on two San Diego high rises. The 376,703-square-foot First Allied Plaza building at 655 W. Broadway has been sold for a reported $140.88 million -- representing a more than $70 million drop from the $212 million figure garnered when the asset was sold in 2007.

Home values increase in SD, nationwide

The Zillow Value Home Index reports that all 30 of the largest metropolitan areas in the country, including San Diego, recorded an appreciation in home values.

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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.


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.


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.

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.

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 April 2014

Apr. 10, 2014 -- George Chamberlin and Leslie Kilpatrick, president of the Greater San Diego Association of Realtors, discuss recent jumps in home sales and prices. Also, Greg Stein of Millennium Laboratories introduces an effort to help home sellers secure their prescription medications before allowing buyers into their homes.

Real Estate Trends videos

CAR's Joel Singer on the business of real estate

April 3, 2014 -- George Chamberlin speaks with Joel Singer, CEO of the California Association of Realtors, who provided the keynote speech at the North San Diego County Association of Realtors' Conversations 2014 Real Estate Summit. Singer discusses the business of real estate and current market conditions.

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