Market Update The San Diego real estate market finally seems to be coming down from the frenzied pace we have seen over the last three years. The market seems to have peaked this last March. While values are holding there appear to downward pressure on pricing and values. Inventory Increases…Finally Inventory has finally […]
The Importance of Licensing and Insurance A recent court ruling, Jones v. Sorenson, highlights the risk the homeowners take when hiring unlicensed professionals for work around the home. In this case, Danita Sorenson, found out the hard way, that she had become the employer of a tree trimmer who did work on her property. When […]
An Attempt to Address The San Diego Housing Crisis The city of San Diego recently passed a law limiting the fees paid by property owners to build granny flats, also known as accessory dwelling units (ADU’s). Fees can range between $30,000 and $50,000. When combined with our currently high construction costs, very few granny flats […]
The topic of short-term vacation rentals (STVR), has been one of contention in San Diego for quite awhile now. Home owners and investors have been renting homes through sites like Airbnb for periods less than 30 days. Detractors note that these units create hotels in residential areas which brings with it assorted problems. It […]
The Market is Changing, But That’s Okay In the coming months you will be hearing more and more about changes in the real estate market. Some of these voices will claim the sky is falling, that we are around the corner from the next market crash like we experienced in 2008. I anticipate, however, that […]
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