Market Conditions in San Diego : Questions & Answers

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Jay Becker -…, Real Estate Pro in San Diego, CA
Jay Becker - Sotheby's Int'l answered:
What is the average price per square foot for an office/warehouse space in the Point Loma/San Diego (CA) area?
office .90 to 2.50 s/f, warehouse less
0 votes Share Flag Wed Jun 13, 2012 Market Conditions in 92107
Ryan Singh, Real Estate Pro in La Jolla, CA
Ryan Singh answered:
Is it now an good time to investment rental property near UTC now ??
If you're thinking about investing in a rental property, experts say low home prices combined with low interest rates make this the best time in years.
0 votes Share Flag Mon May 21, 2012 Market Conditions in La Jolla
Cindy Davis, Real Estate Pro in San Diego, CA
Cindy Davis answered:
Hi, Im a first time home buyer. Want to know should my offering price base on the assessed value of the property? since the listing price is higher.
Your offer price should be based on recent sales of comparable properties. This could be higher or lower than the assessed value.

Sellers price homes in unusual ways sometimes - ofte ... more
0 votes Share Flag Fri May 18, 2012 Market Conditions in San Diego
Irina Karan, Real Estate Pro in 33160
Irina Karan answered:
is 10% earnest money on an existing Older home the norm and only 7 days inspection time?
Only if you want your offer to be the most attractive offer to the seller, and you looking as a serious buyer who means business.

Irina Karan
CDPE - Certified Distressed Property Ex ... more
0 votes Share Flag Thu May 3, 2012 Market Conditions in San Diego
Carl Hawthor…, Real Estate Pro in 30114
Carl Hawthorne answered:
Are interest rates going up? Should they?
We are loving the low rates because of the low inventory in Georgia. We are begging old sellers to get back on the market. We need inventory!!
0 votes Share Flag Thu May 3, 2012 Market Conditions in San Diego
Steve Ornell…, Real Estate Pro in Fremont, CA
Steve Ornellas answered:
what language what I use in a "non-circumvent" agreement between a buyer and wholesaler so everyone wins?
Kelley:

Building on Mark & Kari's suggestions:

1. A Non-Circumvent Agreement
A non-circumvent agreement is used to protect the ideas and opportunities under a business deal. It g ... more
0 votes Share Flag Thu Apr 19, 2012 Market Conditions in San Diego
John Arendsen, Real Estate Pro in Encinitas, CA
John Arendsen answered:
What will this property rent for in the current market ?
Give us a call anytime. We've got a pretty good pulse on the SD rental market. 760 815-6977. www.onthelevel@cox.net
0 votes Share Flag Mon Apr 9, 2012 Market Conditions in San Diego
Khrystyna Ch…, Real Estate Pro in San Diego, CA
Khrystyna Chorna answered:
Does anyone know how many short sales closed in SD county in 2011?
Hi, Ronda, around 8,500.
You have access to this information as an agent. Just go to MLS and put in the criteria and it will give you a number :)
0 votes Share Flag Wed Feb 8, 2012 Market Conditions in San Diego
Joanne LaFle…, Real Estate Pro in Shaw A F B, SC
Joanne LaFleur, PhD answered:
Are you been bombarded with Lead-Generating Sales Pitch??, I some time think that they are all scams. have you had a real one that work?.
I would also recommend Trulia and my Z57 website has a great lead generation package with it.
0 votes Share Flag Fri Dec 23, 2011 Market Conditions in San Diego
Edye West, Real Estate Pro in Poway, CA
Edye West answered:
What are your thoughts on working with Wells Fargo Vs. Wachovia Short Sale process?
They are all very slow processes. Wells, I agree is coming around. They have assigned negiotators, in PODs that work your files now. As with all short sales, you must be very persistent ... more
0 votes Share Flag Wed Oct 12, 2011 Market Conditions in 92117
Jared Wilson, Real Estate Pro in 92117
Jared Wilson answered:
is it ideal to invest in east clairemont?
I've lived in Clairemont for over 15 years and own a home in North Clairemont. We are seeing a flood of younger home buyers and significant neighborhood revitalization. In the pa ... more
0 votes Share Flag Sat Sep 10, 2011 Market Conditions in 92117
Jared Wilson, Real Estate Pro in 92117
Jared Wilson answered:
The Government is looking for "ideas" on how they can RENT all the properties that they own (Fannie and Freddie).
Not a good idea, but then again this is Fannie and Freddie so it would not surprise me. Now the Feds are suing 17 banks, for $41 Billion in losses from subprime mortgage bonds?

My ... more
0 votes Share Flag Sat Sep 3, 2011 Market Conditions in San Diego
John, Real Estate Pro in Oceanside, CA
John answered:
What's the average amount of time a condo stays on the market?
Many decent responses here. For sure it can largely depend on the area. Marketing solutions can expedite the process in my experience: http://beachside360.blogspot.com/p/sold-august-20 ... more
0 votes Share Flag Wed Aug 31, 2011 Market Conditions in San Diego
Steven Ford,…, Real Estate Pro in Collierville, TN
Steven Ford, Broker, ABR, SRS, e-Pro answered:
Where will the Stock Market hit bottom and what effect will this decline have on Real Estate?
Wow..if I could answer this I wouldn't need to sell real estate.
1 vote Share Flag Thu Aug 25, 2011 Market Conditions in San Diego
LUXURY HOME…, Real Estate Pro in El Segundo, CA
LUXURY HOME LOANS CA answered:
Is more "Buyer-Stimulus" necessary to revive the Local Real Estate Market? If so, what is needed?
I don't think it has much to do with A, B, C. So I'll go with D. Too much has been written lately that low interest rates and super discounted housing hasn't done much.
... more
0 votes Share Flag Tue Aug 23, 2011 Market Conditions in San Diego
Nicole Pope, Real Estate Pro in Fulshear, TX
Nicole Pope answered:
A lot of agents are dealing with a lot of apathetic or non motivated buyers right now. What do you think it will take to get them off the fence?
Buyers are the ones that determine what a home will sell for. If the price is right it will sell.
0 votes Share Flag Tue Aug 23, 2011 Market Conditions in San Diego
Mr Credit, Real Estate Pro in San Diego, CA
Mr Credit answered:
We own 2 condos & the unit we rent out is a monthly loss of about $650. The market is bad in Tierrasanta so we are unsure if we should sell now.
Tracey, You say that you're not under water, but is that after factoring in at least 7% Cost-of-Sale? If so, then You should sell the property no question about it. It's not ... more
0 votes Share Flag Tue Aug 16, 2011 Market Conditions in San Diego
Jason Lopez, Real Estate Pro in San Diego, CA
Jason Lopez answered:
What areas in San Diego are the nicest 'older' residential areas? We love the Mission Hills area, what other areas are comparable?
If you like Mission Hills then basically that whole Metro corridor going east from there is great. Banker's Hill, University Heights, Normal Heights, North Park (awesome revitaliz ... more
0 votes Share Flag Wed May 4, 2011 Market Conditions in San Diego
Don Reedy, Real Estate Pro in San Marcos, CA
Don Reedy answered:
What effect will Zillow have on other industries?
Zillow is a very good example of a very overworked phrase called "transparency." Simply put, if I want to buy a burger, I drive to Mickey D's, drop down some cash, and head home with f ... more
0 votes Share Flag Mon Feb 14, 2011 Market Conditions in San Diego
Leila, Home Owner in Los Angeles, CA
Leila answered:
Any exceptions to rent out a CalHFA property?
we are in a similar situation, growing family, small calhfa home - they previously approved these circumstances for a rental, but are now saying this 'exception' is no longer ... more
0 votes Share Flag Fri Jan 28, 2011 Market Conditions in San Diego
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