San Diego real estate blog - Peter Toner

Housing trends in the future will focus on who’s buying homes and where they are buying them. Three demographics considered for these trends include the “Browning of America” (non-white Hispanics and immigrants who are expected to account for nearly half the U.S. population by 2050), the “Graying of America” (the transformation of the Baby Boomers [...]

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Luxury homes are seeing more than just dollar signs, they are seeing the pound and the euro as well. As the U.S. dollar drops in comparison to European currencies, Britons, Irish, and Scots are reinvesting in their vacation getaways much further from home. The beach communities of La Jolla, Del Mar and Coronado in [...]

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The San Diego median house price has dropped in the last four months, but only nominally after the city’s record high of $525,000. The median price now stands at $515,000, which has seen an end-of-the-year slip since August. This suggests that price adjustments only comes with holiday market movement and the natural real estate [...]

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The name Scripps is widely known in San Diego County. E.W. Scripps and Ellen Browning Scripps stand at the root of many famed and generously funded institutions such as the Scripps Institute of Oceanography, Scripps Research Institute, and Scripps Memorial Hospital. E.W. Scripps built his 2,100-acre Scripps Ranch in 1891 and is now one of [...]

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Though the country’s national unemployment rate is 5.4%, San Diego has made considerable strides since December of 2001, matching an unemployment low of 3.4%. Job growth has slowed in the past month but still holds the lowest unemployment rate in 3 years. Nearly 20,000 jobs have been created in the last year. Half of that [...]

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Flex Your Power is an organization working hard within the state of California to recognize where power is used and how it can be most efficiently cut back. According to the organization, energy is split one third by homes, more than half by businesses, and about ten percent by our water systems.
Homes use energy [...]

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The Office of Federal Housing Enterprise Oversight (OFHEO) reports a quarterly House Price Index (HPI) which analyzes house price appreciation trends. This information comes from Fannie Mae and Freddie Mac, responsible for nearly 29 million transactions each year.
Following the end of the third quarter of 2003 to the third quarter of 2004, annual [...]

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With the explosion of Internet use in recent years we are seeing more and more consumers turning to the Internet for all types of purchases, ranging from books to homes. In San Diego County 70% of home Internet users have a cable modem or DSL, making it the densest area in the United States for [...]

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