Home Prices Drop 50 Percent in San Diego
“I’ve heard that real estate prices in San Diego have dropped 50% from their peak couple years ago and I’m ready to buy a home in San Diego at a 50 percent price discount… Can you help me find one?” This is the question I’m often asked today from buyers who want to either relocate or buy an investment property in San Diego. Read more
Terra Vista Condos at Otay Ranch Resume Sales
Last week sales on the Terra Vista condos in Otay Ranch, Chula Vista were resumed after almost a year. Apparently due to overall market conditions in South Bay San Diego combined with high prices, Terra Vista condos sales slowed down so much in 2006 that the developer had to turn the project back to the lender sometime during October or November of 2006 – that was the last time the phone number on the developer’s sales signs was active. Read more
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