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Archive for June, 2011

Otay Ranch Real Estate 2011

June 8th, 2011

Otay Ranch Real Estate 2011Otay Ranch Realtor Dawn Lewis has a new listing for sale in Otay Ranch in East Chula Vista CA. This Otay Ranch condominium is located at 1346 Nicolette Ave # 1234, Chula Vista, CA 91913.

List Price    $155,000
Beds        2 bed(s)
Baths        2 bath(s)/0 half bath(s)
Square Feet    959
Year Built    2005
MLS Number    110032441
Property Type    Single Family Residential

This great condo in Chula Vista has more than just an amazing location! This real estate has high cathedral ceilings, recessed lighting, upgraded blinds, private patio, DUAL MASTER SUITES with dual vanities which makes this place very desirable! Don’t miss out on this great deal! Chula Vista Real Estate help call me.

Directions: turn Left – south - onto East Palomar from Olympic Pkwy. Left onto View Park, Left onto Nicolette.

Sub Division: Otay Ranch
City: Chula Vista
County:  San Diego

If  you need help buying or selling a home or condo in Chula Vista make sure you contact us we can help with your Chula Vista Real Estate.

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San Diego Real Estate Double Dip 2011

June 4th, 2011

The question is how much of a Real Estate Double Dip? San Diego Real Estate along with most of the real estate in the Case-Shiller Home Price Indices 2005 to 2011 20 Citiescountry has dipped according to the data from the Standard and Poor’s Case-Shiller Home Price Indices reported on May 31, 2011. The home price indices which is the leading measure of U.S. home prices shows the U.S. National Home Price Index declined by 4.2% in the first quarter of 2011 compared to the 4th quarter of 2010. The San Diego Home Price Indices declined only 0.8% for the same time period in the 1st quarter of 2011.

The data from the Standard and Poor’s Case-Shiller Home Price Indices also showed that the annual decline was 5.1% compared with the first quarter of 2010. In respect the indices for San Diego Real Estate showed a decline of 4.0% from last year. The First Time Home Buyer Tax Credit program in 2009 and 2010 was also thought to be a large factor in Standard and Poors Case-Shiller Home Price Indices San Diego Real Estate 2005 to 2011 Chart Graphbringing buyers to the market to help with the decline and stabilize home prices. This program is no longer available. I wonder if it’s time for the government to bring back some more incentives for home buyers to stabilize the market again. Maybe a program with more tax write offs in contrast to the proposed elimination of the home mortgage write off that some politicians have been peddling to pay for their huge mismanagement of America’s Tax Dollars and runaway spending.

After watching some of the talking heads on the television news networks it seems they are concerned that the latest unemployment numbers that fell way short of expectations are also fueling the low real estate activity and home price indices. The foreclosures that are still set to hit the market will of course add to the inventory as well as the short sales of upside down home owners. Some have also pointed out the unfriendly business practices of the current administration S&P Case-Shiller Home Price Indices Real Estate Double Dip 2011causing many businesses to hold back on hiring and expansion in the US. If this keeps up many of the new jobs may be expanded to foreign counties instead of the US. This would also hurt real estate.

I have personally seen many buyers in recent months jump into the San Diego Real Estate Market and I think the summer of 2011 looks like busy one for San Diego real estate agents. Time and releasing foreclosures and short selling the upside down homes will get us through to a more stable market. Compared to some of the recent drops in home price indices, a 4% drop although in the wrong direction is not something that should be too unexpected. Let’s face it we’re still in a fragile recovery. People still need homes to buy and many have jobs and good credit. What they need now is to feel confident in where the country is going and how it’s getting there. M. Lewis

If  you need help buying or selling a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtors.

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Sedona Condo in Rolling Hills Ranch

June 4th, 2011

Chula Vista Real Estate for SaleRolling Hills Ranch Real Estate in Chula Vista CA
2256 Huntington Point Rd # 94
Chula Vista, CA 91914

List Price     $289,000
Bedrooms    3 bed(s)
Bathrooms    3 bath
Square Feet     1560
Year Built     2005
MLS Number     110032487
Property Type     Single Family Residential

Rolling Hills Ranch – Chula Vista Condo - Not only will you be ‘wowed’ with the excellent location of this gorgeous condo but you will also be amazed at the upgrades this one has! Great, spacious floor plan that includes a bedroom and full bathroom on the first floor, granite, cherry wood cabinets, stainless steel appliances, recessed lighting and an eat-at-bar in the kitchen! Private balcony and great views! Walking distance to shopping, dining, freeways, schools, parks, etc! Don’t miss out on this one!

Directions: East on H Street, South on Mt. Miguel, East on Mackenzie Creek, South on Rock Terrace which turns into Huntington Point.

If  you need help buying or selling a home or condo in Chula Vista make sure you contact us we can help with your Chula Vista Real Estate.

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