Nicole Friedman, a real estate news reporter from the Wall Street Journal recently asked me how the Pacific Beach real estate market is doing, amid the Coronavirus pandemic.
She read my initial prediction and was curious about how quarantine has affected the residential real estate market of Pacific Beach, a neighborhood with many short term vacation rentals.
Read more “Pacific Beach Real Estate Market Update – Coronavirus part 2”
With Coronavirus in the news and stocks taking a beating in March, many people are wondering what to do with their money. Should you invest in real estate, stocks, or some other asset? Or should you hold onto your cash?
Will quarantine’s economic impact create new opportunities for investing?
In this article we compare stocks and real estate as investment vehicles.
Read more “Is it better to invest in Real Estate or Stocks in 2020?”
Pacific Beach homes are some of the most expensive real estate in San Diego. I hear all the time, “Why is Pacific Beach and San Diego so damn expensive?” and “Who can afford to buy homes here?”
I have a lot of co-workers, friends and family members that would love to buy a home in Pacific Beach or San Diego. They just cant. Making an average salary, they may not qualify for a loan to match home prices in their neighborhood. Loan programs for a $700,000 home could require down payments of $50,000-$140,000.
A lot of people wonder, “Who has that much money lying around?”
Why has Pacific Beach become so expensive that some locals cant afford it?
Read more “Why are Pacific Beach real estate prices so high?”
With vacation homes empty, long term tenants and homeowners becoming unemployed, will Pacific Beach home prices plummet because of Coronavirus?
Or, will residential real estate – one of the few human necessities (shelter, and now work space) – have an increase in demand?
In this article I will discuss my thoughts on how Coronavirus, and it’s affect on the economy, will affect the Pacific Beach residential real estate market in the near future.
Read more “How will Coronavirus affect the Pacific Beach residential real estate market?”