San Diego Real Estate Blog

San Diego Real Estate Blog

IB Pet in Imperial Beach San Diego is the only place I go to for pet supplies including dog and cat food, dog and cat toys, dog beds and everything else for all of my pet needs. I recommend IB Pet because I’m a big fan of customer service and that’s what I get at IB Pet. They’re located right off of Palm Avenue in Imperial Beach and easy to get to from anywhere in South Bay San Diego including Chula Vista and Coronado Island. I would even drive to IB Pet if I lived in Escondido or Oceanside. It’s worth it.

Lori and Russell Blauert are the owners of this Imperial Beach Pet Store and I want you to check them out next time you need pet supplies or just some great advice.

This is their goal off of the IB Pet Web Site:

Our goal is to help educate our customers in proper nutrition, care and an overall healthy lifestyle for their pets.  Through our carefully selected canine and feline diets, your companion can enjoy meals like those nature intended. In addition, we carry a full line of innovative pet care products - leashes, collars, toys, beds, grooming supplies and more!

I know Lori and Russ personally and I think you will like what they have to offer. Check out IB Pet. Mike Lewis.

Check out the IB Pet Website

IB Pet, 600 Palm Ave, Imperial Beach, CA 91932
Phone: 619-822-1610 fax: 619-429-4000 email: lori@ibpet.net

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.

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Twitter San Diego Real Estate

Follow Dawn Sells San Diego on Twitter

You can follow Dawn Sells San Diego on Twitter. Our San Diego Real Estate Twitter has all of our blog posts tweeted as well as all information pertaining to the San Diego Real Estate Market, News and Trends. Twitter is a great way for us to stay in touch with home buyers and home sellers in San Diego County.

We also keep you updated on foreclosure and short sale properties that we are selling and up to date information on the latest foreclosure and short sale news. Twitter is an excellent micro-blog for getting San Diego Real Estate Tweets out fast to our followers. If you want to follow the best San Diego Real Estate on Twitter make sure you follow us.

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.

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2010 San Diego Real Estate Market

I know it’s still 2009 November and it might be a little early for 2010 San Diego Real Estate Market predictions but I think I’ll give it a shot. 2010 in the San Diego Real Estate Market should show more foreclosures than we had in 2009. In 2009 many foreclosures were held off of the market due to the moratoriums. Now that many of the foreclosure moratoriums are lifted the banks are gearing up to get the REO’s off of their books. 2010 in San Diego and many parts of the country will be known as the year of the “Last of the Foreclosure Market”. There will be more foreclosures after 2010 into 2011,  2012 and 2013 but 2010 will be the last big year for foreclosures.

There will still be more short sales and some banks are moving faster on them. There’s lots of talk about the short sales being streamlined and moving through the system faster. In 2010 it might just be a lot of false hope in this area. I hope I’m wrong and we see the short sales as a whole (not just select banks) move through the system fast and to a sale but it might just be a lot of hype. Systems like REOTrans are setting up to do short sales but I’ll believe the push towards short sales over foreclosures by the banks when I see it.

For homebuyers in 2010 it should be a delight with more inventory coming into the San Diego Real Estate Market. In some price ranges like the lower end first time home buyer prices under $400,000 there still will be a fight with other buyers to get the homes. There are way too many buyers and investors in the under $400,000 range in many areas of San Diego County that will keep this price range in very short supply in 2010. The upper end in non-coastal areas will still slide a little lower in 2010. We’ll see how this worked out in 2011.

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.

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I just got finished watching an excellent report on Channel 10 News and I wanted to share it on my Blog because I think it’s worth watching. The show was a half hour and this is only one of the segments. It was very informative about San Diego real estate, auctions, loan modifications, and investment properties.

This story is called:

Builders Default On Land, Able To Buy It Back Cheaper At Auction

http://www.10news.com/video/21522316/index.html
 
Lauren Reynolds
10News I-Team Reporter
_____________________________________________________

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.

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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.

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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.

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.

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Chula Vista California defeated Chinese Taipei AKA Taiwan today to win the Little League World Series. As a Chula Vista resident since 1998 this is one of the most exciting things to happen in Chula Vista located in South Bay San Diego California. The day before Chula Vista defeated San Antonia Texas 12-2 in only 4 inning of play to advance to the final. The Chula Vista Little League Team had an amazing 9 run first inning which carried them to a seemingly easy victory over the Texans.  Chinese Taipei smashed Mexico 9-4 to advance to the final against the Chula Vista baseball team. The series is being held in South Williamsport, Pennsylvania. All of Chula Vista were watching the games and the excitement in town was unbelievable. 

Chula Vista vs. Chinese Taipei August 30 2009. The game was scoreless until the top of the 3rd inning with a runner on first and number 19 Sung hit a home run for Chinese Taipei. Then the next batter number 18 hits another homerun to give the Chinese a 3 run lead. Chula Vista changes their pitcher to number 19 Garcia after the second home run. He gets the out and retires the side. In the bottom of the third after one out Chula Vista has runners on second and third and Taipei walks Chula Vista’s Luke Ramirez for bases loaded with one out. Bulla Graft number 20 strikes out on a full count with bases loaded. Bradley Roberto number 16 comes to bat and gets to a 3 and 0 count and then a 3 and 2 count and then hits a grounder to the second basemen who commits an error and scoring 1 run for Chula Vista. The next batter strikes out with bases loaded. 

Top of the 4th was a 123 inning and Chula Vista quickly retired the side. In the bottom of the 4th after another Taipei error Chula Vista’s Jenson Peterson reaches first base. Then Nick Conlin hits a smashing double and moves the runner on first to third with no outs. Chinese Taipei changes pitchers. Seth Godfrey hits a sacrifice fly to score Peterson. Still only one out and a runner on second.  The next batter gets a base hit advancing the runner to third. Kiko Garcia comes up to bat and a wild pitch advances the runner on third to score and tie up the game. The runner on first moves to second base. Chinese Taipei brings in a new pitcher. Kiko strikes out for out 2 and Luke Ramirez comes to the plate and is walked for a second time. Runners on first and second and Bulla Graft at the plate and another wild pitch advances the runners. Bulla Graft gets a base hit advancing the runners and scoring one rune for Chula Vista to take the lead 4-3. The next batter strikes out. 

Top of the 5h Chinese Taipei get a runner on first and second both hit by pitches. The pitcher walks the batter and brings up to the plate Chin Ou number 18 with bases loaded. Ou hits into a double play lead by Andy Rios – what a play! Bottom of the 5th Oscar Castor gets a base hit. Daniel Porras Jr. fly’s out. Isaiah Armenta comes to bat and with a wild pitch the runner goes to second. Armenta stikes out. Seth Godfrey comes up to bat and hits a double knocking in a run. Andy Rios knocks in Godfrey with a base hit. Chula Vista up by 3. Kiko Garcia up at the plate and gets a base hit, runners at first and second. Luke Ramirez up at the bag and a loose pitch advances the runners. Luke fly’s out at the wall.

Top of the 6th inning 3 outs to go for Chula Vista to win. One runner reaches first. But thats all. CHULA VISTA WINS 6-3!!!!

The Chula Vista 2009 World Series Little League Team 

Bradley Roberto Andy Rios Markus Melin Nick Conlin Seth Godfrey Bulla Graft Daniel Porras Jr.Jensen Peterson Kiko Garcia Luke Ramirez Isaiah Armenta Oscar Castro Coach Ric Ramirez Manager Oscar Castro 

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.

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APPROVED SHORT SALE $299,000 - Looking for a buyer that can close in 30 days. Detached House with yard  on a cul-de-sac – close to schools, parks, and pools – EastLake Trails Gem in Chula Vista – 1,244 Square Feet, 3 Bedroom, 2.5 Bathroom - Unbelievable Price at $299,000 - Call right away 619-981-3917 ask for Dawn

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.

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All Information is believed to be correct but not guaranteed.

San Diego Real Estate Blog

CAR Revises San Diego Real Estate Sales Numbers Due to MLS Data Glitch
 
This blog post is in reference to an article in the Wall Street Journal by James R. Hagerty. The WSJ reported that:

“The California Association of Realtors expects to make sharp downward revisions in its recent monthly reports of soaring home sales in the San Diego area, Robert Kleinhenz, deputy chief economist of the trade group, said in an interview. The problem resulted from a glitch in data from a multiple-listing service in San Diego, Mr. Kleinhenz said. He said a change in computer systems used there resulted in incorrect data being sent to the Realtor association over the past year or so. Thomas Lawler, an independent economist in Leesburg, Va., who tracks home sales nationwide, raised questions about the San Diego data in a report last week. Mr. Lawler noted that the numbers reported by the Realtors vastly exceeded those from MDA DataQuick, a research firm in La Jolla, Calif., and other sources. The California Realtors have reported that San Diego sales in April were up about 63% from a year earlier. Mr. Kleinhenz said that is expected to be revised downward to a gain of about 20%. For May, the group reported an 89% increase in sales in San Diego; that will be slashed to about 6.5%, the economist said. As a result, he said, the state-wide sales gain for May — reported last week as 35% — also will be revised down, though it probably will remain above 30%, Mr. Kleinhenz said.”

I use the San Diego MLS as a Realtor in San Diego. There have been some changes to it over the past year and just recently. Fields have been added and things have been changed around. It took Listingbook quite a while to finally come into San Diego as a tool for agents and their buyers and sellers to view real estate for sale in the MLS. It has been frustrating for me as well because the IDX solution for my San Diego real estate web site has been changed several times because of the adjustments in the San Diego MLS. This has also made many of my search links invalid and error codes pop up when clients do searches with prior created links. It has forced me to remove the links. I also understand that the MLS not only in San Diego but other areas of the country change from time to time and will always have to be modified with new fields and updates. It is a part of technology and changing times.

The old adage “GIGO – Garbage In Garbage Out” – doesn’t apply either because it wasn’t “Garbage In” it was just “Garbage Out”. Because of the Changes in the MLS I can see how the sales calculations can be different from what they were in the past because of the added fields that are now in play. I’m glad the mistake was caught and I’m sure more caution will be used in the future when doing these calculations. It can also affect the Median Home Price data as well. If fields change and new categories are created someone with an understanding of all this needs to be overseeing the operation to make sure the reporting is correct. DataQuick got it right ….. Why not hire them.

Wall Street Journal Article http://online.wsj.com/article/SB124638992043975185.html

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.

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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 in 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.

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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.