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Dawn Lewis at the Realtor Expo in San Diego 2009

November 13th, 2009

San Diego Real Estate Blog – November 13, 2009

Dawn Lewis stopped by the National Association of Realtors NAR Realtor Convention and Expo that’s being held at the San Diego Convention Center. Dawn took some video footage to upload to YouTube to share with other Realtors and everyone else interested in this great event for Real Estate Agents. Enjoy the videos of the NAR Convention and Expo 2009 event that San Diego is very proud and honored to be hosting. Stop by if you can and check it out.

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 Realtor.

San Diego Foreclosures

San Diego REO Listing Agent

San Diego Real Estate               San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

San DiegoListing Book

All Information is believed to be correct but not guaranteed. 

San Diego Realtors Conference and Expo 2009

November 12th, 2009

William Shatner in San Diego 2009 Realtor ConventionSan Diego Real Estate Blog

San Diego is the location for the 2009 Realtors Conference and Expo that is set to kick off this week at the San Diego Convention Center. San Diego is called Americas Finest City and for many Realtors who haven’t visited San Diego before they’ll see why. The weather here has been great and unfortunately some colder weather is due in the next few days. But compared to the rest of the country it will still be very nice.

Realtors coming to San Diego will be treated to a world class city and a world class event. The 2009 Realtors Conference and Expo is shaping up to be the best ever. William Shatner of Star Trek and other TV shows and movies is slated to there at the National Association of Realtors booth on Saturday between 1 and 4. NAR never disappoints at this event and the list of celebrities and speakers is long and famous. If you’re a local San Diego Realtor stop on by and say hi. If you’re flying in from somewhere else enjoy my home town, San Diego.

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 Realtor.

San Diego Foreclosures

San Diego REO Listing Agent

San Diego Real Estate               San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

San DiegoListing Book

All Information is believed to be correct but not guaranteed. 

San Diego VA and FHA Home Buyers

October 6th, 2009

VA FHA Home Buyers in San DiegoSan Diego Real Estate Blog

The San Diego Real Estate Market has seen better days. It’s not that there aren’t buyers seeking that perfect place to call home sweet home it’s the little inventory they have to choose from. Inventory is low especially in some areas of San Diego County in the first time homebuyer price ranges. So low that many VA and FHA buyers are taking their chances on short sales, which may or may not ever close escrow, and waiting it out.

I can’t tell you how many questions I answer on Trulia about buyers and short sales. Buyers are always asking, what takes so long, how come the banks won’t approve my offer, what’s going on, why did they take another offer, why did the bank foreclose on the home when I had an offer on it for 8 months, why is the seller declaring bankruptcy, and on and on. It’s like writing an offer on a home and putting it into a black hole and hoping something good comes out on the other end. It usually doesn’t.

Keep in mind if you’re a buyer who wrote an offer on a short sale you probably are in competition with 5 to 50 other buyers. Only 1 of those offers will get accepted and many times the home will go to foreclosure and no one gets it. It’s frustrating for everyone involved including all agents, the negotiators at the banks, sellers and all the other buyers trying to buy the home. Just think how the seller feels….. they are losing their home, their dreams, their investment, they and their family – kids, dogs, cats now need to find another place to live, most likely a rental or in with family, and their life is being turned upside down. Kind of puts things in a different perspective when you look at it from the side of the one who is losing the home.

San Diego Home Buyers using a VA or FHA Loan to buy a home or condo are often in third and fourth place when writing offers on foreclosed properties. They have that going for them too. The problem is with so many investors in the market buying foreclosures for cash or large sums of money down in conventional loans the VA and FHA loans aren’t usually the best way to go for an asset manager looking at offers on the REO asset they are managing. On cash offers they don’t have to worry about appraisal issues or finding out a buyer really doesn’t qualify for the loan to buy the foreclosure. It’s an unfortunate situation that people who want to buy the home to live in and be part of the community are being put in the back seat to investors looking to make a buck. But it is what it is and for now it’s bad news for some VA and FHA buyers. Hang in there. Times will change.

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 Realtor.

San Diego Foreclosures

San Diego REO Listing Agent

San Diego Real Estate               San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

San DiegoListing Book

All Information is believed to be correct but not guaranteed.

Foreclosures of San Diego

September 29th, 2009

San Diego Real Estate Blog

Foreclosures of San Diego is your source for all foreclosures in San Diego. We have tools to search all homes and condos for sale whether they’re Bank Owned REO Foreclosures, Short Sales or just normal listings. You can Search the San Diego MLS or use our San Diego Foreclosure MLS to find Foreclosures, Pre-Foreclosures or Auction Properties. Did I mention these Search Tools are FREE.

Foreclosures of San Diego

Thousands of people use our search tools every week and find the home or condo they are looking for in San Diego County. We allow visitors to use our tools because we want them to have a portal to search for their home or condo in the comfort of their home or office. If you need help seeing the property or writing an offer on the property or just some real estate advice please contact us.

San Diego Foreclosures

San Diego MLS

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 Realtor.

San Diego Foreclosures

San Diego REO Listing Agent

San Diego Real Estate               San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

San DiegoListing Book

All Information is believed to be correct but not guaranteed.

Seaport Village in San Diego California

September 28th, 2009

 San Diego Real Estate Blog

Seaport Village in San Diego California

Seaport Village San Diego CA

If you live in San Diego and you haven’t been to the Seaport Village in Downtown San Diego you’re missing out. If you’re planning a vacation or a short visit to San Diego make sure you put Seaport Village on your list of things to do. Seaport Village is located in Downtown San Diego right on the San Diego Bay. The views are incredible to the city and to Coronado. Seaport Village is a collection of shops and restaurants in a fantastic San Diego Bay Front setting. It’s a great place to spend an afternoon and there’s plenty to do for grownups and the kids.

The day I went there was a man playing a Didgeridoo. A Didgeridoo is an Aboriginal Instrument that has a very unique and tribal sound. The man who played it was incredible – must see live to appreciate the sound.

Here are some videos of a man in San Diego playing a Didgeridoo.

Seaport Village is located at 849 West Harbor Drive in San Diego, CA 92101. This is a great resource.

Below are some videos of Seaport Village.

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 Realtor.

San Diego Foreclosures

San Diego REO Listing Agent

San Diego Real Estate               San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

San DiegoListing Book

All Information is believed to be correct but not guaranteed.

2009 Art Walk on the Bay in San Diego

September 28th, 2009

ArtWalk San Diego CA 2009San Diego Real Estate Blog 

2009 Art Walk on the Bay in San Diego

This year Art Walk on the Bay located in the Seaport Village area of Downtown San Diego was an incredible art event that all will remember. It was held on September 12 and 13 2009 at the Embarcadero Marina Park right next to Seaport Village. The event had many local artists featuring their paintings, photography, sculptures, glasswork, jewelry and many other arts and crafts. Local photographer Dennis Harris was on hand featuring some of his incredible photography.

 Photographer Dennis Harris
Dennis Harris – Photographer
Some video of the 2009 ArtWalk event

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 Realtor.

San Diego Foreclosures

San Diego REO Listing Agent

San Diego Real Estate               San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

San DiegoListing Book

All Information is believed to be correct but not guaranteed.

Lawrence Yun Predicts San Diego Market Recovery

August 23rd, 2009

Lawrence YunSan Diego Real Estate Blog 

I Googled San Diego Real Estate this morning and saw the top rated spot was a news article from the Union Tribune, Real Estate Expert: San Diego at Leading Edge of Recovery. The Real Estate Expert they site in the article is Lawrence Yun the Chief Economist for the National Association of Realtors. Yun is known for making many blunders and erroneous predictions in the past. Check out http://www.lawrenceyunwatch.blogspot.com/ for some in depth research on Yun’s other predictions and faux pas. I’m a big fan of laying all the facts out on the table for anyone buying a home in San Diego County. A prediction like this headline needs to have all the facts including the ones behind the scenes. 

The article Real Estate Expert: San Diego at Leading Edge of Recovery bases the recovery on rising prices and sales. Yun states that there is only a 2.5 month inventory of homes for sale and new home construction sluggish. He said that the demand is strong. In an excerpt from the article Yun confesses: “He began with a confession about how he missed the real estate bubble of 2004-06. Surely, the system had enough checks and balances to avoid a runaway market, he thought at the time. “I was clearly wrong,” he said.” My concern now is what else is Yun overlooking through assuming that others have checks and balances in place.  

In the UT Article, “He also predicted that foreclosures will continue at high levels for the next 12 months because of the weak economy. But unlike last year, he said this year’s foreclosures are being snapped up in many markets, including San Diego.” The market in many areas of San Diego is saturated with many short sales. Many of the short sales have homeowners in them not making mortgage payments and in the foreclosure process while trying to short sell their home. I think the foreclosures at high levels will carry on well past 12 months. Related Blog Post : http://www.responsiblelending.org/mortgage-lending/tools-resources/new-foreclosures-by-state-for.html  

Many agents and asset managers speak of the tidal wave of foreclosures that are coming. I wonder why the banks are holding back all of the foreclosures that should be on the market. If the foreclosures are being held back and not put on the market for sale then there is a false sense of inventory. They are foreclosed on or will be soon but the homes are intentionally not being made available to home buyers. Why? Maybe this is to stabilize and firm up the market. But is this real or false stabilization? 

The question is by doing this is it creating another problem of false values like the bubble we just came out of. I don’t know but the information needs to be out there for potential home buyers so they have all the facts when buying. Let’s face it, when NAR says something the news and the public listens. Let’s make sure they have all the facts not just the talking points for getting buyers to buy homes. 

Is this last spike in sales and home prices in San Diego due to the mass of foreclosures being held off the market and only a trickling of foreclosures being released for sale? Is there a Great Wave of foreclosures coming? Just do a Google search for REO Tsunami and you will have plenty to read. 

I think it is a great time to buy a home in many areas of San Diego County in certain price ranges. I think interest rates are low and the $8,000 tax credit is a helping hand for first time homebuyers. I also think that a home buyer needs to be aware that there are many more foreclosure due to hit the market and the word on the street is that the banks are holding back many foreclosures. If you are considering a home purchase in San Diego do your homework and gather all of the facts.

Union Tribune Article - http://www3.signonsandiego.com/stories/2009/aug/19/real-estate-expert-sd-leading-edge-recovery/

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 Realtor.

San Diego Foreclosures

San Diego REO Listing Agent

San Diego Real Estate               San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

San DiegoListing Book

All Information is believed to be correct but not guaranteed. 

San Diego Comic Con 2009

July 23rd, 2009

2009 San Diego CA Comic-conSan Diego Real Estate Blog

The San Diego Comic-Con is now happening at the San Diego Convention Center located at 111 West Harbor Drive in Downtown San Diego CA 92101. The World Famous San Diego Comic-Con or Comic Book Convention dates are from July 23 to July 26 2009. Make sure you get your tickets to this San Diego event that always packs the Convention Center and the Gaslamp area of Downtown San Diego. Comic Con tickets vary in price and sometimes thSan Diego 2009 Comic Cone wait can be long but be sure not to miss it.

This is also the 40th Anniversary for the San Diego Comic Con event and will be a great one I’m sure.  If you love comic books or did as a kid or you just enjoy the new comic movies out there you need to see the Comiccon event while it’s here. You are also free to dress up and come in costume and then maybe freak out any friends you see there by letting them see you in your Comicon costume.

Get out of the house and see this great 4 day event in San Diego California – Americas Finest City – Comic-Con 2009. http://www.comic-con.org/

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

San Diego Foreclosures

San Diego REO Listing Agent

San Diego Real Estate               San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

All Information is believed to be correct but not guaranteed.

San Diego Realtors Conference and Expo 2009

July 2nd, 2009

San Diego Real Estate Blog 

San Diego Realtors Conference and Expo 20092009 Downtown San Diego Real Estate Condos

The annual Realtors Conference and Expo will be held in my town, San Diego California. San Diego couldn’t have been a better choice for the 2009 Realtor Conference. Who wouldn’t want to come to San Diego anyway?  Now Realtors in other parts of the country will truly understand why San Diego is America’s Finest City. And why real estate in San Diego is priceless. The event is being held at the San Diego Convention Center in Downtown San Diego from November 13 – 16. Some of the guest speakers are Condoleezza Rice, Sugar Ray Leonard and Reba McEntire. Our great city will be gracious to all Realtors throughout the country coming to San Diego to experience this great event and the finest city in America.

Info from Realtor.org about the San Diego Real Estate Event.

THE 2009 REALTORS® CONFERENCE & EXPO

Chart your winning course through today’s turbulent economy!

The 2009 REALTORS® Conference & Expo delivers money-making strategies to help you succeed. San Diego Realtor Convention 2009
Four days of intensive training from real-world speakers in top-rated sessions.
Substantive programs for everyone who makes their living in real estate – brokers, agents, commercial practitioners, property managers, international specialists, and IT professionals.
Watch this week’s tip from a 2009 Conference speaker!
Sail confidently through troubled waters!
REALTORS® Expo has new ideas, products, and services to increase your productivity.
Ask questions, compare features and strike your best deal with 500 exhibitors, all under one roof.
Learn about opportunities to expand your market working with immigrants, foreign investors, and Americans buying property abroad.
Be part of a winning crew!
Network with the most successful real estate professionals in the country.
Build your referral network and increase sales opportunities.
A boat load of fun!
First REALTORS® Conference & Expo in San Diego!
Enjoy a wide-range of Conference special events, including the REALTORS® Celebrity Concert starring Reba McEntire.
Combine business and fun — the Convention Center is right on beautiful San Diego Bay and in the center of nightlife, shopping, and dining!

Make sure you don’t miss out. See you in San Diego!

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

San Diego Foreclosures

San Diego REO Listing Agent

San Diego Real Estate               San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

All Information is believed to be correct but not guaranteed.

Higher Interest Rates Could Slow San Diego Real Estate Market Recovery

June 29th, 2009

San Diego Real Estate Blog

With San Diego real estate moving in an upwardly direction over the past couple of months recent interest rates could slow home buying activity. Home buyers inSan Diego Interest Rates Attack Market San Diego have been, in some areas of the county, fighting over homes that come up for sale. Many San Diego home buyers have offers in on short sales and jump all over the bank owned REO foreclosures the day they hit the market. Unfortunately the bank owned REO’s already have offers on them the day they come up for sale and sometime even before they show up in the MLS.

This has many home buyers frustrated and wondering what they have to do to get a house or condo in today’s San Diego Real Estate Market. Another issue that has been waiting to rear its ugly head is interest rates. When interest rates rise home buyers see their purchasing power reduced. Keep in mind when interest rates go up the monthly payment for a homebuyer also goes up and sometimes more than what they are comfortable with.  Many times the lender will have to reduce the purchase price of what the homebuyer can qualify for.

This scenario can also have a real negative effect on the real estate market in general. If a home buyer wanting to buy a home has had a certain purchase price and monthly payment in mind for a certain size and quality of home and then they’re told that they can’t buy the same home at the same monthly payment, many of them will decide not to buy. Some will wait for the homes that they were recently able to buy at a certain price range to come down into the loan amount of what the comfortable monthly payment is that they had already had their hearts set on. Some of them won’t be able to afford the same home they thought they could buy and won’t settle for less of a home now. These factors could show a decline in demand and then a decline in home prices. We’ll have to wait and see. Oh, and don’t forget about the foreclosures to keep the median home price in San Diego from gaining too much ground. There are a few years of that left.

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

San Diego Foreclosures

San Diego REO Listing Agent

San Diego Real Estate               San Diego MLS 

San Diego Relocation                San Diego Home Search by Map

San Diego Home Buyers           San Diego Home Sellers

San Diego House Values           Local Real Estate Information

San Diego Real Estate Blog      San Diego Short Sales

San Diego Foreclosures            San Diego Green Homes

All Information is believed to be correct but not guaranteed.