If your family includes kids and you’re thinking about moving to San Diego or a new area within San Diego, the schools will be among your first considerations. Does the neighborhood have good schools? Are the teachers and staff well-equipped to teach your children? Is there a good PTA that addresses the concerns of parents? These are pertinent questions you might need to look into before you commit to a decision on a new home.
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According to a real estate investor friend of mine, it looks like real estate in San Diego may be going back up!
My friend received a call today from her business partner who said that the investment home in Lemon Grove that they’re planning to put on the market in a few weeks has increased in value. A month ago the comps were $240K in the area and now they’re up to $275K.
As you can see from the chart below, home values in Lemon Grove, CA have been cut about $200K in the past couple years…

Source: Zillow.com
Christine Van Tuyl of Prudential Real Estate has also noted an increase in real estate values in San Diego.
Single-family resale homes rose from a low of $319,000 in March to $325,000 in April. The latest median was 24.4 percent below April 2008’s $430,000.
It’ll be interesting to see if this rise continues!
Source: SignOnSanDiego.com
Downtown San Diego has an abundance of condominiums and has grown into a contemporary urban landscape. Buying a condo is the easy part. Furnishing that condo or home may be the bigger challenge.
Fortunately, downtown condo dwellers don’t have to venture very far to find experts who can help them turn that condo into a comfortable haven.
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Hardwood flooring is one of the most beautiful interior features that you can find in a home. The lush rich colors, the natural appeal, and the wholesome textures all combine to make them a consistent favorite for stylish indoor flooring. However that beautiful façade can be a bit of a horror show if your floors suffer from dings, scratches, and fading. Luckily the process of restoring your flooring is one that can be undertaken with just a small investment of time and money.
The first thing you will have to do to prepare your hardwood floors for refinishing is to sand them down. Don’t worry, this doesn’t involve getting down on your hands and knees with a piece of sandpaper. Today there are commercial sanders which can be rented from various tool supply stores. While it is still a relatively physical job, the help of some modern machinery makes this task much easier than it would be if you were stuck using the power of your own hands.
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According to this article over at SignOnSanDiego.com, there are signs that San Diego’s housing market is recovering. Real estate has become more affordable and first-time home buyers are taking advantage of low interest rates and the $8,000 credit offered in Obama’s stimulus plan.
Scott Murphy shared some sales statistics from December that may offer a sign that San Diego’s real estate market may be making a turn-around. We assume many of those sales are from investors buying bargain-priced homes.
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