The question is how much of a Real Estate Double Dip? San Diego Real Estate along with most of the real estate in the country 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 bringing 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 causing 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.
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.
If you want to look for San Diego Real Estate on your iPad then make sure you use the iPad San Diego Real Estate Search on DawnSellsSanDiego. We not only have the best tools to search for San Diego Real Estate but you can use all of our home searching tools on your iPad. Tools like, maps, communities, schools, restaurants, shops, 24 hour property watch, listing email notification, and many more. The Apple iPad makes it easy to find your new home and is so easy to use with the Apple iPad touch screen. Our Real Estate Website is 100% compatible with the iPad.
The iPad San Diego Home Search on our San Diego Real Estate Web Site makes searching for your new home or condo a snap! You can easily touch what area of real estate search you are interested in looking at. There are thousands of San Diego Homes and Condos to look at and it is updated several times a day with new listings. Because your Apple iPad is so easy and convenient to use we thought you would really enjoy your San Diego Real Estate search while using it.
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.
Windingwalk home for sale by your neighborhood real estate agent, Dawn Lewis. This Windingwalk home is located in East Chula Vista on Picket Fence Drive in ZIP Code 91915 and was built in 2005. The beautiful single family residence home has 4 bedrooms, 4 bathrooms and is two stories. The kitchen countertops are granite with gorgeous white cabinets and stainless steel appliances. Tile thru out the downstairs and around the family room fireplace, recessed lighting throughout makes the downstairs shine! Upstairs complete with jack and Jill bathroom adjoining the 2 guestrooms, very spacious master bed/bath. Dont miss out on this one!
If you would like to see this wonderful Windingwalk home in Chula Vista make sure you call me, Dawn Lewis your Chula Vista Real Estate Expert.
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.
Village Walk at EastLake is one of the most elegant shopping centers not only in EastLake but in all of San Diego County. Just East of Route 125 and just South of EastLake Shores this shopping center was one of the last ones built in the area. It is just north of EastLake Village Marketplace and they are two EastLake Shopping Centers that are easily within walking distance of each other. Village Walk at EastLake has a wonderful architectural scheme that feels old word European and the outside dining and sitting areas are extremely delightful. There is a wonderful fountain and a bronze sculpture of children playing located in the center. The favorite attraction of many visitors is the koi and turtle ponds that are filled with creatures. You can even buy food for them in machines and feed the fish and turtles. Bring your kids, they’ll love it.
Some of the businesses and restaurants in Village Walk at EastLake are:
Henry’s Farmers Market
Trader Joe’s
Pier 1 Imports
PETCO
Mission Federal Credit Union
AT&T
T.J. Maxx
The Broken Yolk Café
Brigantine Seafood
Pat & Oscars
And many more…..
If you’re in EastLake or any of the wonderful East Chula Vista Communities make sure you stop by and visit this wonderful shopping center. If you would like information on EastLake Real Estate make sure you call me. I’m your EastLake Real Estate Expert.
Dawn Lewis
Village Walk at EastLake Video
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.
EastLake in Eastern Chula Vista has many great shopping areas to shop, eat and relax at. The EastLake Village Marketplace on the corner of Otay Lakes Road and EastLake Parkway is packed with some great businesses. Some of the large businesses in the center are Lowe’s and Target and many local EastLake residents call it the Lowe’s or Target Shopping Center. Some of the many restaurants in the EastLake Village Marketplace are Islands fine burgers and drinks, Daphne’s Greek Café, Bento Noodles, Subway Sandwiches, Panda Express, and Miguel’s Cocina Mexican Food as well as Starbucks Coffee, Jamba Juice, and Cold Stone Creamery. Some other businesses include Game Stop, Great Clips, Daydreams Ceramic Cafe, Sprint, PayLess Shoes and many more.
The Eastlake Village Marketplace in Chula Vista was built during the last EastLake, Chula Vista Real Estate Boom and is a great spot to walk around, shop, eat or just grab a coffee or ice cream. It’s one of EastLake’s most popular shopping centers. Stop by and check it out.
Here is a Video of the EastLake Village Marketplace in Chula Vista California.
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.
The Hotel Del Coronado is rich in history and is one of San Diego’s most famous and visited landmarks. The Hotel Del Coronado is located on Coronado Island just west of Downtown San Diego. There are 2 ways to drive to the Hotel Del Coronado. One way is to go over the Coronado Bridge from Interstate 5 that runs along the coast and the other is to go north up the Silver Strand Blvd. (75) from Imperial Beach. The most common way is option one over the San Diego Coronado Bay Bridge. You can also take the ferry or your private boat to some areas of the island.
The Hotel Del Coronado began construction in 1887, 2 years after the entire Island of Coronado was purchased for $110,000 by 3 investors. A year later in 1888 the hotel was open for business. There was also a San Diego Real Estate Boom that went bust that added to this fascinating time. The history of the Hotel Del is very interesting and I would recommend a visit to the hotel to see it and experience it firsthand. There are some nice restaurants to eat at with great views of the beach and ocean. There are also plenty of shops to walk through and the Hotel is a great way to spend the day, evening or weekend.
Check out these great videos of the Hotel Del Coronado and the surrounding area:
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.
Home in Chula Vista ZIP Code 91911 for sale. This home has 3 bedrooms, a bonus room and 2 bathrooms as wells as being a traditional sale. With so many short sales and foreclosures on the market this traditional home for sale in Chula Vista is a welcome addition. This house has been remodeled inside and outside and includes new kitchen cabinets, counter tops and fresh paint. This home also has nice tile floors in kitchen and family room as well as a dual fireplace in the family room and living room has vaulted ceiling. Both bathrooms have been upgraded with custom tile work, new cabinets and fixtures.
This home is on 1905 Hilltop Drive, Chula Vista, CA91911 – please call me for a price.
There are many homes for sale in old and new Chula Vista. I have sold thousands of homes in Chula Vista and would love to help you buy or sell yours.
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.
There are many great spots to get a view of the Downtown San Diego City Skyline. One of them is North Harbor Drive by the San Diego Airport and the other is on Coronado Island at the Old Ferry Landing Shopping Center. Although there are some other areas that have great views of Downtown San Diego and its beautiful city skyline these 2 are some of my favorites. The North Harbor Drive view is looking Southeast at the city and the Coronado Island view is looking Northeast.
The North Harbor Drive view by the San Diego Airport, Lindberg Field, has the added bonus of many boats and ships on their moorings and if you’re lucky you may even see cruise ships docked alongside the city skyline as well. The video in this blog post has a cruise ship departing and airplanes arriving to America’s Finest City.
The Coronado Island view to Downtown San Diego at the Old Ferry Landing Shopping Center is also a great spot to eat or just sit on a park bench and watch the city. There are many shops and restaurants at this location and it is also a ferry landing. This is a very busy area with people enjoying the sights and activities while in comparison the N. Harbor Drive area is basically just a sidewalk and some small parking lots.
Enjoy these 2 Videos of Downtown San Diego and try and get out and see them for yourself.
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.
Little Italy is one of my favorite areas in Downtown San Diego. It’s not just the great food either it’s the great atmosphere as well. Little Italy in San Diego was also part of the last San Diego Real Estate Boom and many new condos and town houses were built in the Little Italy part of Downtown San Diego. There are lots of great shops to go shopping or just look around.
This is a great area to spend a weekend afternoon to stroll up and down the main street called India Street. Some of the well known restaurants are Filippi’s Pizza Grotto, Mimmo’s Italian Village, Landini’s Pizzeria and many others. There’s also lots of sidewalk dining that is very romantic and quite enjoyable. Very similar to some areas in the Gaslamp Quarter down by PETCO Park home of the San Diego Padres.
Little Italy in Downtown San Diego, California also has many events where the India Street is closed down for pedestrians. If you live in San Diego or if you’re visiting San Diego make sure you stop by Little Italy. You’ll be happy you did.
This video is of Little Italy and most of it was filmed looking south on India Street.
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.
country 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.
bringing 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.
causing 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.
