The Nordstrom Way for Real Estate!

When looking for a new home, be it a condo or house, what are your top requirements? If you go into Nordstroms you have your personal shopper waiting, here you have your personal Realtor to help you!

As with Nordstroms, you have your wants and needs - Is having a washer and dryer in your condo a priority, parking spaces, a pool, rec room, ground floor with patio, upper floor with balcony, low HOA’s?

How about a house – how big of a yard, attached/detached garage, combo kitchen/family room, corner lot, quiet neighborhood or urban? Again the Nordstrom Way is replicated!

Apart from the number of bedrooms and baths in your new house or condo, all these things, and many more help you choose exactly what you are looking for. When we search the MLS (Multiple Listing Service) for you we can narrow down your criteria with much more detail than if you were to look on Zillow, Trulia, even Realtor.com.

Think of us as your personal Nordstrom assistance a la real estate! You call, stop by, email or text and we service your requirements! And most importantly for us to search for you is completely FREE, just like the Nordstrom way, if you don’t like what we show you, we’ll keep searching until we find that perfect house or condo that fits you perfectly!


Jane Loveday
Windermere Real Estate Agent
619-519-1615 Cell
http://janeloveday.com
http://www.facebook.com/realestatesandiego

Home prices are rising in virtually every corner of the state. They've climbed for nine consecutive months, and in July posted a 10.4% gain year-over-year. That puts the state's median price at $315,000 -- nearly twice the national median of $183,000.
And the news is even better in coastal cities.

San Francisco posted the biggest gain of any U.S. metro over the past year, rising 14.3%. The median price there is now more than $607,000. Meanwhile, San Diego has climbed 11.2% (median price: $389,000) and Los Angeles jumped 9.2% (median price: $345,000).
Meanwhile, Florida, Arizona and Nevada -- California's erstwhile bubble-state partners -- continue to struggle. So where is the Golden State's strength coming from?

"I think it comes from the fact that prices went down so far and so quick," said Lesley Appleton-Young, California Association of Realtors' chief economist. "That left a lot of people here saying, 'Wow, affordable California housing.'"
However, a quick home price rebound was delayed by the crush of foreclosures that accompanied the subprime mortgage meltdown. California real estate had become so expensive that a basic single-family home required many buyers to overextend themselves with exotic loans.

That is no longer the case. Most of the subprime-related distressed properties have been flushed from the system. And when a foreclosure does hit the market, it's snapped up. The median days it took to sell a home in July was just 44 -- lightening fast.

"It's the dearth of supply for distressed properties that has put pressure on home prices," said Appleton-Young. "More than half the homes on the market last year drew multiple offers."

Plus, the California economy is picking up. Even in a recession, it has remained one of the world's 10 largest economies, mainly because it is driven by every major industry -- aerospace, tech, software, finance, agriculture, tourism. So as more of those industries recover and employment picks up, demand for housing will jump.

"California is a much larger, stronger and more diversified economy than the other [bubble] states," according to Stuart Gabriel, director of the Ziman Center for Real Estate at UCLA.

Courtesy of CNNMoney.


Jane LovedayWindermere
Real Estate Agent
Licence # 01439083
janeloveday@cox.net
619-519-1615 Cell
http://janeloveday.com
http://www.facebook.com/realestatesandiego

San Diego Downtown Condos

San Diego Downtown condos were a hot commodity a few years ago, buildings were going up left and right. As of right now there are 442 San Diego Downtown condos for sale with a huge difference in prices!

The least expensive San Diego Downtown Condo is listed at just $144,900, it's a studio with stainless appliances and a monthly HOA fee of $410.00. The most expensive San Diego Downtown condo is listed at a mere $8,695.00 (see photo above) for 3 bedrooms and 4 baths, and a monthly HOA fee of $1,396.00 - yes that's right - over $1,000 a month!

The average list price per square foot for the least expensive San Diego Downtown condo is just $203.45 with the penthouse at $1,951.75!

The average asking price for a San Diego Downtown condo is $721,000, which makes for a variety of properties to choose from.

If you are interested in buying a condo in Downtown San Diego, let me know, I amhere, I can help!


Jane LovedayWindermere Real Estate Agent
619-519-1615 Cell
http://janeloveday.com
http://www.facebook.com/realestatesandiego

First-Time Home Buyers - Attention Please!

First-time home buyers are having a tough time - why? The tax credit has expired which encouraged all first-time home buyers to think about getting into their first home. Now prices are flattening out and first-time home buyers are thinking they are going to fall again.

When you hear talk of the median price of a home in the U.S. it is understandable, but that is like saying the median temperature in the U.S. is 60 degrees, when it could be 110 degrees in the deserts and 45 degrees in the Northern states. Prices are regional.

In San Diego, first-time home buyers have a great opportunity to get out and begin thinking again, we have a lot of homes for sale, our prices are stable, we aren't seeing any decreases in most areas, and the interest rate is at it's all time historic low, just over 4% for a 30 year fixed, and just over 3% for a 15 year fixed mortgage.

If you are thinking of buying, search the internet, search here for ALL the up-to-date property listings http://www.janeloveday.com or visit my First-Time Home Buyers page on Facebook at http://www.facebook.com/realestatesandiegoonline

I am here, I can help!

Jane Loveday
Windermere Real Estate Agent
619-519-1615 Cell
http://janeloveday.com
http://www.facebook.com/realestatesandiego