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December 29, 2007

Los Angeles in the Winter!

Filed under: California Real Estate,Los Angeles Condos,San Diego Condos — The Law @ 8:50 am

Los Angeles in the winter is thought to be a sunny haven for super models and infamous actors. While many actors reside in LA, the weather is very, very chilly. I know its cold when the ambient temp gauge on my new BMW M5 is prefaced with a “snowflake” icon. Although the weather is chilly and people are gearing up for the Holidays, the sale and excitement of individuals buying condos and moving to Los Angeles is somewhat staggering. Many of our developments have been receiving more traffic during this “cold” season than in some of our more recent busy months. I have a feeling that is due to several factors, including but not limited to home and condo prices dropping and a new type of buyer moving in.

The National Association of Realtors has completed a study indicating that up to 80% of home buyers conduct research online prior to going and “house hunting”. Due to traffic and rising gas prices, it is no wonder that individuals are turning to the internet to aide them in their search for the perfect home or investment property. Living in Los Angeles can be tough, but considering the many entertaining attractions southern California has to offer, it is easy to love it despite the cold weather and market. San Diego is a hop, skip and a jump away offering sandy beaches and a less hectic life style while just a few hours north of Los Angeles skiing in Big Bear and Mammoth are within reasonable driving distance.

Los Angeles is a great place to live if you avoid the silly stigma involved with most popular cities. Get around that and your experience will be a great one.  If you bought a condo in Los Angeles before March 2009, you may be eligible for the Home Affordable Refinance Program.  Check out the California harp refinance guidelines at Harp2012.com for more information.

If you build it, they will come.

Filed under: California Real Estate,San Diego Real Estate — sunnydayz @ 8:50 am

When the Center City Development Corp. in San Diego pushed the idea of relocating the Padres to

East

Village, in Downtown San Diego, they knew that if we build it, they will come.When I say “they” I’m referring to thousands of patrons who flock to the heart of the city night after night to witness the excitement.With the continuous building of residential units surrounding the ballpark, you can literally sit at your seat at the game and count numerous cranes diligently working everyday to build-up what was recently considered unmentionable and unapproachable.

Just 5 years ago,

East

Village
had the horrible reputation of housing transients, it was the home to the cities “drunk tank”, and on ever corner stood a run down warehouse of some sort.After CCDC and local political figures convinced voters to vote yes on the building of a new ballpark, we almost immediately witnessed an instant transformation of

East

Village
.If you build it, they will come.And sure enough, when you visit Petco Park for a ball game, you’ll notice the seats in the stadium remain empty until the 3rd of 4th inning due to fans hanging out at the near by restaurants or bars that too just recently opened their doors to the growing population.


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