Economic indicators are still improving in San Diego - but sales activity has dwindled in the last month. Stay tuned!
http://ping.fm/G2GIA
Creating the lifestyle you deserve! If you are relocating to coastal San Diego, wanting to find a vacation home, or listing your current residence I will work smart to make this an enjoyable venture for you. More information at: www.TerryDavisRealtor.com
Wednesday, June 30, 2010
Tuesday, June 29, 2010
The national real estate Case-Shiller Index indicates continued rise in San Diego home prices by 11.7% from last April. This may be due to the federal tax credit, but this is a good indication the real estate market is stabilizing here in San Diego.
http://www.nctimes.com/business/article_ff2307f6-8384-11df-8e77-001cc4c002e0.html
http://www.nctimes.com/business/article_ff2307f6-8384-11df-8e77-001cc4c002e0.html
Monday, June 28, 2010
Changes in the Encinitas General Plan? Read about a group looking for more development opportunities..
http://ping.fm/Vw5KF
http://ping.fm/Vw5KF
Encinitas Losing Beach Access
The popular beach access point of Beacon's Beach in Leucadia has been denied the construction of a seawall to help stabilize the bluff which is deteriorating and is in danger of a landslide.
Read more about this at: http://www.signonsandiego.com/news/2010/jun/27/beach-is-left-in-the-lurch-as-state-vetoes-sea/
Over the next few months you will be hearing more about 'deeds in lieu.' This option is alternative to a 'short sale' or foreclosures. Definitely a good option for some - but may not be possible for others. read more at;http://ping.fm/OtCcr
Friday, June 25, 2010
I love this article on urban agriculture - average food items travels 1500 mi from field to store.
http://ping.fm/1J3bV
http://ping.fm/1J3bV
Saturday, June 19, 2010
If you really want to get an idea on how big the oil disaster is in the gulf - click on this site:
http://ping.fm/FaPZb
http://ping.fm/FaPZb
Friday, June 18, 2010
Thought you would enjoy this...
One day some people came to the master
and asked: How can you be happy
in a world of such impermanence,
where you cannot protect your loved ones
from harm, illness or death?
The master held up a glass and said:
Someone gave me this glass;
It holds my water admirably
and it glistens in the sunlight.
I touch it and it rings!
One day the wind
may blow it off the shelf,
or my elbow
may knock it from the table.
I know this glass is already broken,
so I enjoy it -- incredibly. Achaan Chah Subato
One day some people came to the master
and asked: How can you be happy
in a world of such impermanence,
where you cannot protect your loved ones
from harm, illness or death?
The master held up a glass and said:
Someone gave me this glass;
It holds my water admirably
and it glistens in the sunlight.
I touch it and it rings!
One day the wind
may blow it off the shelf,
or my elbow
may knock it from the table.
I know this glass is already broken,
so I enjoy it -- incredibly. Achaan Chah Subato
Wednesday, June 16, 2010
If you are planning a visit or just enjoying summer at home - July is just around the corner and you may want to check out the calendar for July's events here in San Diego.
http://ping.fm/KZkkn
http://ping.fm/KZkkn
San Diego July Calendar of Events!
July 2010 San Diego Happenings Around Town
All month
King Lear
King Lear has riveted audiences for centuries, and Noble’s imaginative production is sure to be a major theatrical event.
http://theoldglobe.org
All month
Summer Pipe Organ Festival
The City of San Diego and the Spreckels Organ Society sponsors a different internationally know organist playing the world's largest outdoor pipe organ.
www.sosorgan.com
All month
The Taming of the Shrew
A Hilarious, Heartwarming Story Intertwined with your Favorites from the 60's.
http://theoldglobe.org
All month
La Jolla Playhouse YPW and Summer Conservatory programs
Annual summer programs the Young Performers Workshop (YPW) and the Conservatory for children of all ages who want to learn more about or possibly work in theatre in the future.
http://lajollaplayhouse.org
Through 07/05/2010
San Diego County Fair
This isn't your typical county fair! The view from the San Diego County Fair Ferris Wheel alone - overlooking the blue Pacific - sets us apart from most fairs. We have all of the outlandish fried foods on-a-stick you know and love, plus exquisite gardens, livestock barns, endless exhibits, and a top-notch midway complete with carnival rides. In addition, the San Diego County Fair boasts 8 stages, programmed with some of the most quality entertainment Southern California has to offer!
www.sdfair.com
Through 07/11/2010
Haiku: Photographic Meditations by David Fokos
The Ordover Gallery is pleased to announce its first exhibition of imagery by prominent fine art photographer David Fokos. To view a David Fokos image is to step into an ethereal world of beauty and grace, where there is time to absorb and reflect upon the purity of line, form and endless movement, captured and kept still.
www.ordovergallery.com
Through 07/17/2010
Painting World War II: The California Style Watercolor Artists
Painting World War II is an historic first examination of paintings by California Style watercolor artists on the subject of WWII. 55 paintings depicting scenes of California mobilizing for the war as well as images of the war overseas will be on view.
http://oma-online.org
Through 07/18/2010
Harvey
Before it became the classic movie starring Jimmy Stewart, Mary Chase’s hilarious and endearing comedy Harvey was a Broadway hit, going on to win the Pulitzer Prize for Drama.
www.lambsplayers.org
07/01/2010 - 07/02/2010
ARTivities Elements of Art: Texture
Explore and learn about the art on view in The San Diego Museum of Art through hands-on activities relating to current exhibitions.
www.sdmart.org
07/01/2010 - 07/04/2010
San Diego Padres vs. Houston Astros
www.padres.com
07/02/2010
Summer Luau on Mission Bay
Celebrate at the 10th Annual Summer Sunset Luau celebration on the shores of Mission Bay!
www.catamaranluau.com
07/03/2010
San Diego Boca vs. Sacramento Gold
www.sdboca.com
07/03/2010
Oceanside's Independence Day Parade
At the Oceanside Fourth of July celebration there will be floats, bands, walking groups, cars, and more. Their theme this year is "68 Years of Military History".
www.sandiego.com/independence-day/july-fourth
07/04/2010
10th Annual Big Bay Boom July 4th Fireworks Show
Largest July 4th fireworks show in California!
www.asymcasd.org
07/04/2010
Independence Day Celebration and Fireworks
This family-oriented community event is designed to bring together all ages and segments of the population in a festive and patriotic setting. Participants can come early to picnic in the park and enjoy free hands-on children’s art projects, circus workshops, performances by local and regional bands and the American Legion patriotic tribute.
www.artcenter.org
07/04/2010
Light up the Night Fundraising Dinner
Catered by Vista’s Famous Dave’s Barbeque and Stone Brewing Company.
www.sandiego.com/independence-day/july-fourth
07/04/2010
Summerfest San Marcos Celebration
This free event will feature live entertainment, food booths, children’s activities,childrens parade, a patriotic program and a fireworks exhibition.
www.sandiego.com/independence-day/july-fourth
07/04/2010
24th Annual July 4th Scripps Ranch Bike Rides
Annual 10K Run, a fun run, a 50 miles bike ride, a 28 mile bike ride, and a 12 mile bike ride.
www.srop.org
07/05/2010 - 07/09/2010
Summer Camp - Film & Alternative Processes
How many different ways are there to create a picture? From Cyanotypes to homemade pinhole cameras, discover the photographic processes that existed before the digital era!
www.mopa.org
07/06/2010
Colbie Caillat
www.humphreysconcerts.com
07/06/2010 - 07/11/2010
Broadway San Diego presents 'Avenue Q'
The New York Times hailed AVENUE Q as "a breakthrough musical of a very different stripe. Savvy, sassy and delicious!" and Entertainment Weekly claimed it was "one of the funniest shows you're ever likely to see!"
www.broadwaysd.com
07/07/2010
Denise Donatelli with the Geoffrey Keezer Quartet
www.lyricoperasandiego.org
07/07/2010
Lilith Fair: The Celebration of Women in Music
Features Sarah McLachlan, Miranda Lambert, Jenni Rivera, The Go-Go's, Brandi Carlile, A Fine Frenzy, Marina & the Diamonds, Susan Justice, and more!
www.livenation.com
07/08/2010 - 07/25/2010
Seussical: The Musical
In a tribute to the power of imagination, the creators of Seussical the Musical embrace a zany assortment of the characters from La Jolla visionary - Dr. Seuss.
www.welktheatresandiego.com
07/09/2010
Chris Botti
www.humphreysconcerts.com
07/09/2010
Kings of Leon
www.livenation.com
07/10/2010 - 07/18/2010
57th Annual World Championship Over-the-Line Tournament
OTL serves as the primary fundraising source for OMBAC's year-round charitable programs. OTL is more than "beer, babes and bats on the beach." With worldwide competition, OTL began as a San Diego original, played by men and women into their 80's.
http://ombac.org
07/11/2010
Ottma Liebert and Luna Negra
www.humphreysconcerts.com
07/13/2010 - 07/15/2010
Shen Yun
Be ready for a magical journey to the realm of hope, wonder and beauty. Direct from New York, raved as the world's "most stunning stage production", Shen Yun is back in San Diego for another exhilarating show.
www.sdcivic.org
07/14/2010
Gipsy Kings
www.humphreysconcerts.com
07/14/2010 - 07/18/2010
Menopause The Musical
Come see what nearly 11 million people worldwide are laughing about!
www.sandiegotheatres.org
07/14/2010 - 07/31/2010
Oklahoma
Rediscover your love for Rodgers and Hammerstein's great American musical performed outdoors under the stars.
www.moonlightstage.com
07/14/2010 - 08/22/2010
Robin and the 7 Hoods
This World Premiere musical comedy, featuring classic tunes by Sammy Cahn and Jimmy Van Heusen with a book by Tony Award winner Rupert Holmes, turns the Robin Hood tale on its head.
http://theoldglobe.org
07/15/2010 - 07/18/2010
24th Annual San Diego Classic
The Nation’s Largest High School Girls Basketball Tournament.
www.sandiegoclassic.com
07/15/2010 - 08/01/2010
The Pajama Game
The dangers of a workplace romance are explored to hysterical effect in this romantic comedy from the creators of "Damn Yankees."
www.starlighttheatre.org
07/16/2010
Jim Gaffigan
www.humphreysconcerts.com
07/16/2010 - 07/18/2010
36th Annual San Diego Lesbian, Gay, Bisexual, Transgender Pride Celebration
San Diego Pride's famous cultural Festival includes multiple stages of entertainment, more than 80 musicians, bands, comedy and dance performers, 300 participating vendor booths, an Art exhibit, cultural presentations, and great food!
www.sdpride.org
07/16/2010 - 07/18/2010
San Diego Padres vs. Arizona Diamondbacks
www.padres.com
07/17/2010 - 07/23/2010
Shark Week
Soak up an entire week dedicated to sharks this summer at Birch Aquarium at Scripps Institution of Oceanography, UC San Diego.
www.aquarium.ucsd.edu
07/18/2010
Jamie Cullum
www.humphreysconcerts.com
07/20/2010 - 08/22/2010
Midsummer Night’s Dream
A Re-Imagined Classic By William Shakespeare Directed by Christopher Ashley A Victorian Court turns upside-down, literally,when forbidden lovers escape into the forest and a jilted fiancé follows in hot pursuit.
www.lajollaplayhouse.org
07/21/2010
Jackson Browne with David Lindley
www.humphreysconcerts.com
07/22/2010
Jeffrey Ross
www.humphreysconcerts.com
07/22/2010
Summer Salon Series: Author and Punisher
In this edition, listen to the one-man band Author and Punisher as Tristan Shone hauls his drone machines inside the Museum to play industrial noises, melodies and beats.
www.sdmart.org
07/22/2010 - 07/25/2010
San Diego Comic Con International
San Diego Comic Con is bigger than ever - meet the creators and stars of blockbuster movies, anime, comic book and graphic novel artists and the dedicated followers of all things fantasy, sci-fi and more.
www.comic-con.org
07/23/2010
Point Loma Summer Concert
Free family-friendly outdoor summer concert in Point Loma Park.
www.plconcerts.org
07/23/2010 - 08/08/2010
Joseph and the Amazing Technicolor Dreamcoat
Andrew Lloyd Webber’s Joseph and the Amazing Technicolor Dreamcoat is a rollicking, all music rock-operetta with a creative approach to one of the most familiar stories from the Old Testament.
http://christiancommunitytheater.com
07/24/2010
Aziz Ansari
All ages comedy show!
www.houseofblues.com/venues/clubvenues/sandiego
07/24/2010
Barenaked Ladies
www.humphreysconcerts.com
07/24/2010
Elton John
www.livenation.com
07/25/2010
Lyle Lovett and his Large Band
www.humphreysconcerts.com
07/27/2010 - 07/29/2010
San Diego Padres vs. Los Angeles Dodgers
www.padres.com
07/27/2010 - 08/01/2010
Broadway/San Diego Presents 'In The Heights'
Get ready to experience an exhilarating journey into Washington Heights, one of Manhattan’s most vibrant communities during the Tony Award winning® musical In The Heights.
www.broadwaysd.com
07/28/2010
Pat Benatar and Neil Giraldo
www.humphreysconcerts.com
07/30/2010
Point Loma Summer Concert
Free family-friendly outdoor summer concert in Point Loma Park.
www.plconcerts.org
07/30/2010
San Diego Regional Benefit Jazz Concert starring Najee with Fattburger
Najee, international recording artist and Grammy-nominated innovator of Urban Contemporary Jazz, will perform at a Benefit Jazz Concert at the Balboa Theatre.
www.sandiego.org
07/30/2010 - 08/01/2010
San Diego Padres vs. Florida Marlins
www.padres.com
07/31/2010 - 08/08/2010
Women's Pro Tennis at La Costa Resort & Spa
La Costa Resort and Spa will host the 2010 Southern California Open Women's Professional Tennis Tournament.
www.mercuryinsuranceopen.com
All month
King Lear
King Lear has riveted audiences for centuries, and Noble’s imaginative production is sure to be a major theatrical event.
http://theoldglobe.org
All month
Summer Pipe Organ Festival
The City of San Diego and the Spreckels Organ Society sponsors a different internationally know organist playing the world's largest outdoor pipe organ.
www.sosorgan.com
All month
The Taming of the Shrew
A Hilarious, Heartwarming Story Intertwined with your Favorites from the 60's.
http://theoldglobe.org
All month
La Jolla Playhouse YPW and Summer Conservatory programs
Annual summer programs the Young Performers Workshop (YPW) and the Conservatory for children of all ages who want to learn more about or possibly work in theatre in the future.
http://lajollaplayhouse.org
Through 07/05/2010
San Diego County Fair
This isn't your typical county fair! The view from the San Diego County Fair Ferris Wheel alone - overlooking the blue Pacific - sets us apart from most fairs. We have all of the outlandish fried foods on-a-stick you know and love, plus exquisite gardens, livestock barns, endless exhibits, and a top-notch midway complete with carnival rides. In addition, the San Diego County Fair boasts 8 stages, programmed with some of the most quality entertainment Southern California has to offer!
www.sdfair.com
Through 07/11/2010
Haiku: Photographic Meditations by David Fokos
The Ordover Gallery is pleased to announce its first exhibition of imagery by prominent fine art photographer David Fokos. To view a David Fokos image is to step into an ethereal world of beauty and grace, where there is time to absorb and reflect upon the purity of line, form and endless movement, captured and kept still.
www.ordovergallery.com
Through 07/17/2010
Painting World War II: The California Style Watercolor Artists
Painting World War II is an historic first examination of paintings by California Style watercolor artists on the subject of WWII. 55 paintings depicting scenes of California mobilizing for the war as well as images of the war overseas will be on view.
http://oma-online.org
Through 07/18/2010
Harvey
Before it became the classic movie starring Jimmy Stewart, Mary Chase’s hilarious and endearing comedy Harvey was a Broadway hit, going on to win the Pulitzer Prize for Drama.
www.lambsplayers.org
07/01/2010 - 07/02/2010
ARTivities Elements of Art: Texture
Explore and learn about the art on view in The San Diego Museum of Art through hands-on activities relating to current exhibitions.
www.sdmart.org
07/01/2010 - 07/04/2010
San Diego Padres vs. Houston Astros
www.padres.com
07/02/2010
Summer Luau on Mission Bay
Celebrate at the 10th Annual Summer Sunset Luau celebration on the shores of Mission Bay!
www.catamaranluau.com
07/03/2010
San Diego Boca vs. Sacramento Gold
www.sdboca.com
07/03/2010
Oceanside's Independence Day Parade
At the Oceanside Fourth of July celebration there will be floats, bands, walking groups, cars, and more. Their theme this year is "68 Years of Military History".
www.sandiego.com/independence-day/july-fourth
07/04/2010
10th Annual Big Bay Boom July 4th Fireworks Show
Largest July 4th fireworks show in California!
www.asymcasd.org
07/04/2010
Independence Day Celebration and Fireworks
This family-oriented community event is designed to bring together all ages and segments of the population in a festive and patriotic setting. Participants can come early to picnic in the park and enjoy free hands-on children’s art projects, circus workshops, performances by local and regional bands and the American Legion patriotic tribute.
www.artcenter.org
07/04/2010
Light up the Night Fundraising Dinner
Catered by Vista’s Famous Dave’s Barbeque and Stone Brewing Company.
www.sandiego.com/independence-day/july-fourth
07/04/2010
Summerfest San Marcos Celebration
This free event will feature live entertainment, food booths, children’s activities,childrens parade, a patriotic program and a fireworks exhibition.
www.sandiego.com/independence-day/july-fourth
07/04/2010
24th Annual July 4th Scripps Ranch Bike Rides
Annual 10K Run, a fun run, a 50 miles bike ride, a 28 mile bike ride, and a 12 mile bike ride.
www.srop.org
07/05/2010 - 07/09/2010
Summer Camp - Film & Alternative Processes
How many different ways are there to create a picture? From Cyanotypes to homemade pinhole cameras, discover the photographic processes that existed before the digital era!
www.mopa.org
07/06/2010
Colbie Caillat
www.humphreysconcerts.com
07/06/2010 - 07/11/2010
Broadway San Diego presents 'Avenue Q'
The New York Times hailed AVENUE Q as "a breakthrough musical of a very different stripe. Savvy, sassy and delicious!" and Entertainment Weekly claimed it was "one of the funniest shows you're ever likely to see!"
www.broadwaysd.com
07/07/2010
Denise Donatelli with the Geoffrey Keezer Quartet
www.lyricoperasandiego.org
07/07/2010
Lilith Fair: The Celebration of Women in Music
Features Sarah McLachlan, Miranda Lambert, Jenni Rivera, The Go-Go's, Brandi Carlile, A Fine Frenzy, Marina & the Diamonds, Susan Justice, and more!
www.livenation.com
07/08/2010 - 07/25/2010
Seussical: The Musical
In a tribute to the power of imagination, the creators of Seussical the Musical embrace a zany assortment of the characters from La Jolla visionary - Dr. Seuss.
www.welktheatresandiego.com
07/09/2010
Chris Botti
www.humphreysconcerts.com
07/09/2010
Kings of Leon
www.livenation.com
07/10/2010 - 07/18/2010
57th Annual World Championship Over-the-Line Tournament
OTL serves as the primary fundraising source for OMBAC's year-round charitable programs. OTL is more than "beer, babes and bats on the beach." With worldwide competition, OTL began as a San Diego original, played by men and women into their 80's.
http://ombac.org
07/11/2010
Ottma Liebert and Luna Negra
www.humphreysconcerts.com
07/13/2010 - 07/15/2010
Shen Yun
Be ready for a magical journey to the realm of hope, wonder and beauty. Direct from New York, raved as the world's "most stunning stage production", Shen Yun is back in San Diego for another exhilarating show.
www.sdcivic.org
07/14/2010
Gipsy Kings
www.humphreysconcerts.com
07/14/2010 - 07/18/2010
Menopause The Musical
Come see what nearly 11 million people worldwide are laughing about!
www.sandiegotheatres.org
07/14/2010 - 07/31/2010
Oklahoma
Rediscover your love for Rodgers and Hammerstein's great American musical performed outdoors under the stars.
www.moonlightstage.com
07/14/2010 - 08/22/2010
Robin and the 7 Hoods
This World Premiere musical comedy, featuring classic tunes by Sammy Cahn and Jimmy Van Heusen with a book by Tony Award winner Rupert Holmes, turns the Robin Hood tale on its head.
http://theoldglobe.org
07/15/2010 - 07/18/2010
24th Annual San Diego Classic
The Nation’s Largest High School Girls Basketball Tournament.
www.sandiegoclassic.com
07/15/2010 - 08/01/2010
The Pajama Game
The dangers of a workplace romance are explored to hysterical effect in this romantic comedy from the creators of "Damn Yankees."
www.starlighttheatre.org
07/16/2010
Jim Gaffigan
www.humphreysconcerts.com
07/16/2010 - 07/18/2010
36th Annual San Diego Lesbian, Gay, Bisexual, Transgender Pride Celebration
San Diego Pride's famous cultural Festival includes multiple stages of entertainment, more than 80 musicians, bands, comedy and dance performers, 300 participating vendor booths, an Art exhibit, cultural presentations, and great food!
www.sdpride.org
07/16/2010 - 07/18/2010
San Diego Padres vs. Arizona Diamondbacks
www.padres.com
07/17/2010 - 07/23/2010
Shark Week
Soak up an entire week dedicated to sharks this summer at Birch Aquarium at Scripps Institution of Oceanography, UC San Diego.
www.aquarium.ucsd.edu
07/18/2010
Jamie Cullum
www.humphreysconcerts.com
07/20/2010 - 08/22/2010
Midsummer Night’s Dream
A Re-Imagined Classic By William Shakespeare Directed by Christopher Ashley A Victorian Court turns upside-down, literally,when forbidden lovers escape into the forest and a jilted fiancé follows in hot pursuit.
www.lajollaplayhouse.org
07/21/2010
Jackson Browne with David Lindley
www.humphreysconcerts.com
07/22/2010
Jeffrey Ross
www.humphreysconcerts.com
07/22/2010
Summer Salon Series: Author and Punisher
In this edition, listen to the one-man band Author and Punisher as Tristan Shone hauls his drone machines inside the Museum to play industrial noises, melodies and beats.
www.sdmart.org
07/22/2010 - 07/25/2010
San Diego Comic Con International
San Diego Comic Con is bigger than ever - meet the creators and stars of blockbuster movies, anime, comic book and graphic novel artists and the dedicated followers of all things fantasy, sci-fi and more.
www.comic-con.org
07/23/2010
Point Loma Summer Concert
Free family-friendly outdoor summer concert in Point Loma Park.
www.plconcerts.org
07/23/2010 - 08/08/2010
Joseph and the Amazing Technicolor Dreamcoat
Andrew Lloyd Webber’s Joseph and the Amazing Technicolor Dreamcoat is a rollicking, all music rock-operetta with a creative approach to one of the most familiar stories from the Old Testament.
http://christiancommunitytheater.com
07/24/2010
Aziz Ansari
All ages comedy show!
www.houseofblues.com/venues/clubvenues/sandiego
07/24/2010
Barenaked Ladies
www.humphreysconcerts.com
07/24/2010
Elton John
www.livenation.com
07/25/2010
Lyle Lovett and his Large Band
www.humphreysconcerts.com
07/27/2010 - 07/29/2010
San Diego Padres vs. Los Angeles Dodgers
www.padres.com
07/27/2010 - 08/01/2010
Broadway/San Diego Presents 'In The Heights'
Get ready to experience an exhilarating journey into Washington Heights, one of Manhattan’s most vibrant communities during the Tony Award winning® musical In The Heights.
www.broadwaysd.com
07/28/2010
Pat Benatar and Neil Giraldo
www.humphreysconcerts.com
07/30/2010
Point Loma Summer Concert
Free family-friendly outdoor summer concert in Point Loma Park.
www.plconcerts.org
07/30/2010
San Diego Regional Benefit Jazz Concert starring Najee with Fattburger
Najee, international recording artist and Grammy-nominated innovator of Urban Contemporary Jazz, will perform at a Benefit Jazz Concert at the Balboa Theatre.
www.sandiego.org
07/30/2010 - 08/01/2010
San Diego Padres vs. Florida Marlins
www.padres.com
07/31/2010 - 08/08/2010
Women's Pro Tennis at La Costa Resort & Spa
La Costa Resort and Spa will host the 2010 Southern California Open Women's Professional Tennis Tournament.
www.mercuryinsuranceopen.com
Friday, June 11, 2010
Housing Numbers for North San Diego County
The latest numbers from May for real estate in North San Diego County are in!
The real estate market remains stable in North SD County – prices are stable or increasing and days on the market is trending down to 34 days for a single family home.
-The median price for all homes in North San Diego County increased 4.05% in May 2010 to $404,000.
-The median priced single family detached home in North San Diego County increased 0.42 percent to $476,500 in May 2010, the fourth month of median price increases and the highest median price reported since summer 2008.
-Year-over median SFD price in North San Diego County increased 20% from $397,000 in May 2009, the tenth straight month of year-over price increases.
-Median days on market for North San Diego County SFD homes was 34 days in May 2010.
-The number of North County single-family homes sold increased 21% last month from 729 to 882. Sold units increased 13.22 percent year-over from May 2009.
Here is link to full report:
http://www.nsdcar.com/homedex/current_homedex/current_homedex.pdf
The real estate market remains stable in North SD County – prices are stable or increasing and days on the market is trending down to 34 days for a single family home.
-The median price for all homes in North San Diego County increased 4.05% in May 2010 to $404,000.
-The median priced single family detached home in North San Diego County increased 0.42 percent to $476,500 in May 2010, the fourth month of median price increases and the highest median price reported since summer 2008.
-Year-over median SFD price in North San Diego County increased 20% from $397,000 in May 2009, the tenth straight month of year-over price increases.
-Median days on market for North San Diego County SFD homes was 34 days in May 2010.
-The number of North County single-family homes sold increased 21% last month from 729 to 882. Sold units increased 13.22 percent year-over from May 2009.
Here is link to full report:
http://www.nsdcar.com/homedex/current_homedex/current_homedex.pdf
foreclosures still are with us and will be for another year at least. I think the lenders/banks are controlling the re-sale market by limiting the number of foreclosures and not reducing prices very easily.
Read more at: http://ping.fm/gJHye
Read more at: http://ping.fm/gJHye
Thursday, June 10, 2010
If you think 'flipping' is a thing of the past, you may be surprised. There are a lot of investors still in the market taking advantage of foreclosures and REOs. There is a lot of risk as you will see in this article.
http://ping.fm/QKEta
http://ping.fm/QKEta
Monday, June 7, 2010
June newsletter includes info on short sales, fixing your home to sell and ideas to update a '50s era home. Let me know if you find this information relevant.
http://ping.fm/XAY3p
http://ping.fm/XAY3p
Sunday, June 6, 2010
found a link that helps explain the Federal Home Affordable Foreclosure Alternatives (HAFA) program. Check it out if you are considering a 'short sale' of your home.http://ping.fm/laNoW
Article on another female architect, Lillian Rice, who was not acknowledged for her work. This article explains some interesting history of her and Rancho Santa Fe.
http://ping.fm/7bGvm
http://ping.fm/7bGvm
Friday, June 4, 2010
We are all concerned about recycling - check to see what items you can recycle in San Diego compared with other cities in CA.
http://ping.fm/HId5o
http://ping.fm/HId5o
Wednesday, June 2, 2010
San Diego RE Market has been stronger than others nationally. We were hit 1st by the recent downturn - could SD recover 1st? More.... http://ping.fm/o0M4O
Tuesday, June 1, 2010
Here is some interesting info I read recently that I thought I would share:
HOUSING OUTLOOK
End of Homebuyer Tax Credit Raises Concerns
Surrounding the Sustainability of the Housing Recovery
While two rounds of government tax credits have successfully buoyed home sales, the housing market remains a wild card for the economic recovery. Further strengthening will be crucial to support the economic recovery, however, as consumer perception of their personal balance sheets is often correlated to their housing conditions. Sales velocity is expected to retreat in the coming months due to the expiration of the government incentive, but housing demand has already bottomed and has entered a choppy recovery phase brought on by improving employment trends, low mortgage rates and affordable home prices. Weighing against a continued advance in activity is the likelihood that pent-up demand was released in recent months, while the ongoing flow of foreclosures will continue to apply downward pressure on prices.
Existing home sales jumped 7.6 percent in April, reaching the highest velocity since the first tax credit expired last November. The market remains far from equilibrium, however, as renewed buying activity inspired additional owners to list homes, driving inventories to 8.4 months of supply, up from 7.2 months at the end of 2009. The median price has risen 4 percent year over year, although some metro areas have recorded price declines, and prices remain well below cyclical highs. The flow of bank-owned properties will continue to pose a critical headwind in the housing market recovery; however, if employment growth strengthens, foreclosures and strategic defaults could dissipate significantly, enabling a housing recovery.
The outlook for newly constructed homes brightened in April, with sales velocity increasing 4.8 percent; sales of new homes have spiked nearly 50 percent year over year. Along with adding stability to the housing market, accelerating demand for new homes and declining new home inventory levels could provide a much-needed boost to construction employment. New home inventories have eased to just 5.0 months of supply, the lowest level since 2005, and the number of homes available for sale has reached the lowest level since the 1960s. After contracting by 1.8 million jobs during the recession, construction employment has expanded slightly in each of the past two months; continued gains would further support the recovery, particularly in traditionally high-growth Sun Belt markets.
The burst of the housing bubble will increase demand for rental housing as mortgage standards tighten and foreclosures drive down credit scores. Apartment absorption has been positive for four consecutive quarters and will strengthen over the next 18 months. Apartment vacancy will dip 30 basis points this year to 7.7 percent before improving nearly 100 basis points in 2011.
The recent stabilization in housing and employment markets has bolstered consumer confidence, which reached a cyclical high in May. While improving consumer expectations have recently translated into steady sales gains, if the housing recovery loses traction in the coming months, consumer spending could weaken significantly. During the first quarter, retail vacancy ticked up just 10 basis points to 10 percent, the smallest increase since 2007. By the end of this year, retailers will take on 15 million square feet, following negative net absorption of 63 million square feet in 2009.
HOUSING OUTLOOK
End of Homebuyer Tax Credit Raises Concerns
Surrounding the Sustainability of the Housing Recovery
While two rounds of government tax credits have successfully buoyed home sales, the housing market remains a wild card for the economic recovery. Further strengthening will be crucial to support the economic recovery, however, as consumer perception of their personal balance sheets is often correlated to their housing conditions. Sales velocity is expected to retreat in the coming months due to the expiration of the government incentive, but housing demand has already bottomed and has entered a choppy recovery phase brought on by improving employment trends, low mortgage rates and affordable home prices. Weighing against a continued advance in activity is the likelihood that pent-up demand was released in recent months, while the ongoing flow of foreclosures will continue to apply downward pressure on prices.
Existing home sales jumped 7.6 percent in April, reaching the highest velocity since the first tax credit expired last November. The market remains far from equilibrium, however, as renewed buying activity inspired additional owners to list homes, driving inventories to 8.4 months of supply, up from 7.2 months at the end of 2009. The median price has risen 4 percent year over year, although some metro areas have recorded price declines, and prices remain well below cyclical highs. The flow of bank-owned properties will continue to pose a critical headwind in the housing market recovery; however, if employment growth strengthens, foreclosures and strategic defaults could dissipate significantly, enabling a housing recovery.
The outlook for newly constructed homes brightened in April, with sales velocity increasing 4.8 percent; sales of new homes have spiked nearly 50 percent year over year. Along with adding stability to the housing market, accelerating demand for new homes and declining new home inventory levels could provide a much-needed boost to construction employment. New home inventories have eased to just 5.0 months of supply, the lowest level since 2005, and the number of homes available for sale has reached the lowest level since the 1960s. After contracting by 1.8 million jobs during the recession, construction employment has expanded slightly in each of the past two months; continued gains would further support the recovery, particularly in traditionally high-growth Sun Belt markets.
The burst of the housing bubble will increase demand for rental housing as mortgage standards tighten and foreclosures drive down credit scores. Apartment absorption has been positive for four consecutive quarters and will strengthen over the next 18 months. Apartment vacancy will dip 30 basis points this year to 7.7 percent before improving nearly 100 basis points in 2011.
The recent stabilization in housing and employment markets has bolstered consumer confidence, which reached a cyclical high in May. While improving consumer expectations have recently translated into steady sales gains, if the housing recovery loses traction in the coming months, consumer spending could weaken significantly. During the first quarter, retail vacancy ticked up just 10 basis points to 10 percent, the smallest increase since 2007. By the end of this year, retailers will take on 15 million square feet, following negative net absorption of 63 million square feet in 2009.
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