We turn once again today to our mortgage man-in-the-know Matt Young, loan officer with MDC Financial Service Group, to take the temperature of today’s mortgage market. We all know what an enormous effect loan availability and terms have on the real estate market in general, and Matt is on the front lines and has kindly…
The drooping sails of an anchoring fleet The shadowy city at our feet With the Mountains’ proud peaks so lofty and still ’Tis a picture worth seeing, from Golden Hill. This poem, written back in 1887 by Daniel Schuyler, paints a picture of the then lovely setting that was to become the neighborhood known as…
The economy is looking up for many and according to the Case-Shiller index tracking resales of single family homes, this trend is being reflected in home prices. Nationally, prices are up 5 percent in the last 12 months, but in popular San Diego, that number is even higher. At a rise of 6.3 percent our…
It makes sense that our homes would change with the times. We live more expansively than we did back in the 1920s and that is reflected in the way we design our homes. I found an interesting set of facts and figures compiled by the U.S. Census Bureau and reported in an article in Business…
California is a big place and it comes in first in all kinds of ways. It’s the most populous state in the U.S. with over 38 million residents. It isn’t the largest, coming in third in land area after Alaska and Texas. It does, however, boast the highest point in the continental U.S., (Mt. Whitney…
Real estate is one of those careers you can carry on for decades, and there are lots of baby boomers working as agents. They’re used to methodologies of a few decades ago, when personal service was your calling card and the telephone the tool of the trade. In the good ol’ days, we’d drive our…
April 6, Bank of America issued the results of an online survey it conducted with over 1,000 respondents falling into all the age categories. Called the Homeowner Insights Report, the results show some surprising facts about the impulses that motivate prospective homeowners and govern the choices they make. For those of us in the business…
Fashions come and go, as do housing trends. Once folks left their urban environments and flowed into suburban green zones. Today the traffic is in the opposite direction, from the suburbs back to metropolitan centers rife with places to go and things to do. A recent Nielsen report on trends reflecting millennials found just that….
Life is grand in San Diego. The sun is shining, winds are balmy and comforts are many. But can people with modest incomes afford to live here? Ever a challenge, we turn our attention this week to efforts to create affordable housing and opportunities for folks less fortunate than average. The city’s programs are based…
It’s a familiar pattern, oft repeated. A forgotten neighborhood is discovered by artists seeking good spaces and cheap rents. They move in and the process of gentrification begins. Before long, the rents are so high and home values so steep, that the artists have to look elsewhere for space. The neighborhood is so no longer…
