San Diego real estate blog - Peter Toner

La Jolla, 92037 is set to launch a new tourism promotional campaign
La Jolla’s business improvement district, along with local restaurants, is launching an advertising strategy to expand on European themes, aiming to retain the tourist pull to the famous Village and Cove. The campaign will include a $250,000 investment focusing on regaining attention to the [...]

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Two of the key indicators of the strength of real estate markets are:
1. The average number of days needed to market a home before a sale is agreed.
2. The percentage difference between the listing or asking price and the actual sales price.

The above chart illustrates the relationship between these two indicators on a [...]

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Already this year more San Diego apartment complexes have been sold in the county, including conversions, than ever before.
In the quarter ended Sept. 30, 373 apartment complexes were sold, the highest number of sales since 1989, according to a report from Burnham Real Estate - Oncor International. By units, the total of 7,261 sold [...]

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Your credit history and in particular your credit score defines your eligibility for home loans, car loans, school loans, insurance rates, rental property etc. With stated income loans becoming much more popular in San Diego, your credit is one of the major criteria that your loan and it’s interest rate can hinge on.
Starting [...]

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Here are some interesting statistics on the California real estate market:
* There are 6,983,500 California homeowners.
* Homes appreciated an average of 21.4 percent in the last year.
* The median home price in California is $460,370
* The average equity gain in California, therefore, was approximately $92,000.
* California homeowners realized a real estate equity gain of $644 [...]

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A total of 8,985 California homes sold for $1 million or more during the thirst quater of 2004. (July-to-September). That’s down from 10,145 for the second quarter, but interesting to compare the number of sales for the same period a year ago; 5,266. That’s up 53.4 percent!
Orange, San Diego and Los Angeles counties were the [...]

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The San Diego International airport, also known as Lindbergh Field, has been serving the City of San Diego for over 75 years, and with a single runway. 16 million travelers pass throught airport tunnels each year; that’s 40,000 per day. These numbers make San Diego the busiest single-runway commercial airport in the nation. Close borders [...]

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Point Loma has 76 million years of history leading up to the building of the explorer’s statue, the old lighthouse and the Navy installations that arose just before World War II. Understanding the Life of Point Loma is a recently published book, compiled by the Cabrillo National Monument Foundation, that has been five years in [...]

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La Jolla, San Diego is growing stronger each day as the number one bio-medical research hub in the world.
Most recently Pfizer dedicated $372 million to its La Jolla research facility, including $150M to fund new laboratories and offices. Research at this campus benefits from its proximity to UCSD, a school widely known for it’s [...]

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Linked below are statistics complied by Sandicor, the San Diego multiple listing service for October 2004.
The figures are by San Diego zip code and list average prices as well as median prices for San Diego homes and detached homes. As these statistics are compiled from San Diego MLS records it’s possible to show the relationship [...]

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