real estate

Have You Noticed How Hard It Is To Buy?

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It is hard being a buyer in this market. That’s right. You did not misread that and it is not a typo. I’ll say it again. Being a buyer in the current San Diego real estate market is extremely difficult.

Most people are under the impression that inventories are sky rocketing and buyers have thousands of great properties to choose from. These people are also clearly not participating in the current San Diego Real Estate Market.

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Santaluz is Cooking- Luxury Market Outlook

Santaluz home

San Diego’s luxury real estate market is showing major signs of life, led by Santaluz. After an abysmal 2009, Santaluz has closed 12 million dollar properties, including five $2 million properties. The gated golf community also has fifteen million dollar properties in escrow, including two homes with $5 million price tags.

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The Biggest No Brainer In The History Of Loan Defaults

Vantage Pointe Loan Default

What started off as an exciting project to build the biggest residential building in Downtown San Diego has now turned into a nightmare for the developers. Vantage Pointe has officially defaulted on their construction loan in the amount of $197.8 million.

But the truth is that it did not take a genius to predict this one. I mean you have to be kidding me! A 679 unit project where people pay hundreds of thousands of dollars to be packed into a building like Sardines? How did that sound like a good idea to anybody?

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Make Money By Presenting Your Real Estate Offer With A Cover Letter

offer cover letter

If your agent isn’t presenting your real estate offers with a cover letter, you are losing money. That’s right. You are out right losing money for not taking the time to write an offer cover letter. Read this post to learn the elements that should be included in your offer cover letter and why they are so important…

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Everyone Wants To Know, “How’s The Market?”

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How is the market? That must be the number one question I get from anyone as soon as they find out that I am in real estate. The follow up question usually is, “do you feel that it’s recovering?” The answer depends on what part of town, at what price point, and from what perspective…

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