A major economist is optimistic about the San Diego housing market.  National Association of Realtors (NAR) Chief Economist Lawrence Yun is optimistic that the local San Diego housing market is turning around.  He attributes this to a federal tax incentive and a leveling local housing inventory.

Speaking at a luncheon hosted by the San Diego Association of Realtors (SDAR), Yun was confident that the worst is probably over in regards to the San Diego housing market.  He remarked that home values [...]

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A forward thinking green condo project that was launched back in August 2005 has finally been sold by East West Bank, the bank that foreclosed on the project in February. Private investors acquired the 10-unit apartment building that is located near Balboa Park at 2234 Brant St. for $1.3 million, or $130,000 per unit.

Craig Brod, the founder of the educational toy store chain Imaginarium, was the man behind Clear Skies Condominiums LLC, the company that was trying to get the [...]

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There seems to be a new trend in San Diego and it has nothing to do with the wonderful weather.  On weekdays one can find a group of people with cashier’s checks waiting for the public auction of foreclosed homes on the steps of the San Diego Court house.  A multitude of homes can be up for auction on any given day and unless the existing owner is able to provided legal papers at the last moment, they are all [...]

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