Just Listed! Exceptionally Rare 2 Bedroom, 2 Bath Condo at Atlas in Hillcrest!

Just Listed!
2 Bedroom / 2 Bath
Offered at $615,000

Welcome home to residence 214 at Atlas in the heart of Hillcrest! This exceptionally rare 1771 square foot, 2 bedroom, 2 bath, podium level, corner residence features the LARGEST wrap-around terrace in all of Atlas. The unique terrace boasts over 1400 square feet of space and opens from both the great room and master suite providing you year round indoor/outdoor enjoyment. This beautiful home comes complete with polished slab granite counters in the kitchen and baths, hardwood floors throughout living area, 9 foot ceilings in the great room, plantation shutters, and designer touches throughout.

At Atlas you will also enjoy resort-like amenities that include a pool, spa, exercise room, community room and terrace with barbecue area, secured entry building and gated resident parking with plenty of parking for your guests as well. Speaking of parking, residence 214 comes with 2 parking spaces and a storage locker that are all right off of the elevator. And best of all Atlas couldn't have a better location with many of San Diego's best restaurants right outside your door, balboa park just one block away, and about a 5 minute drive to downtown, Little Italy, and the airport.

For more pictures of this gorgeous 2 bedroom condo for sale at Atlas in Hillcrest check out the virtual tour below.

For a private showing call (619)750-1107, or visit our website for more info on this 2 bedroom condo for sale at Atlas in Hillcrest. Or start your next search for homes for sale in San Diego with our free MLS search page!

Just Listed! Great 1 Bedroom FHA & VA Approved Condo For Sale at Presidio Place in Fashion Valley, San Diego!

Just Listed!

1 Bedroom/ 1 Bath

Offered at $139,000

Check out this great top floor corner unit at Presidio Place in Fashion Valley, San Diego. This is a tradional sale (not a short-sale or foreclosure) and the complex is FHA & VA approved! This condo comes with vaulted ceilings in the bedroom, central forced air heat and air conditioning, in unit laundry hookups, and a gas fireplace. You will enjoy all of the ammenities in this resort-style, guard-gated community, including 2 pools, three tennis courts, and lush landscaping. And as they say, location is everything, and you will be close to the beach, Sea World, the Riverwalk Golf Course, the Fashion Valley Mall, and downtown San Diego with this perfectly placed complex!

For a private showing call (619)750-1107, or visit our website for information on this 1 bedroom condo for sale in Fashion Valley. Or start your next search for homes for sale in San Diego with our free MLS search page.

Just Listed! Fantastic 1bd/1ba Condo in Mission Valley, San Diego with Seller Financing Offered!

Just Listed!

1 Bedroom / 1 Bath

Offered at $184,990

Welcome to coveted Creekwood at River Run in the centrally located neighborhood of Mission Valley, San Diego! Seller financing is being offered on this wonderful single-level, 1 bedroom, 1 bath condominium. This unit features a private setting with views to the hillsides to the south. You will enjoy high ceilings, stainless steel appliances, a wood burning fireplace, forced air heat and air conditioning, two large master closets, and in-unit washer and dryer. The complexes' resort-like ammenities include a pool, spa and exercise room. The complex is both FHA and VA approved making this condo perfect for both the first time buyer and investor alike!

Check out the video below for a virtual tour of this great Mission Valley 1 bedroom condo for sale!






Click the link for more information on this 1 bedroom Mission Valley condo for sale, or visit our website to start your next search for homes in San Diego!

San Diego Home Prices Slightly Down in April

San Diego County home prices dipped a bit in April, according to data released today from San Diego based company DataQuick Information Systems.

The stats for April show a median price of $321,750 for all home sold, down 1.1% from April, 2010, and down 1% from this March. Sales volume was also down slightly from last April, showing a .5% decrease, but up 7% from March, with 3,277 total sales.

A big contributing factor to this decline is that the lending environment is still challenging for borrowers. But, the good news is that interest rates have hit a new 2011 low this week.

At Neely, Barrow & Associates we have found that this continued pressure on prices, accompanied by historically low interest rates, and the increase of spring inventory has brought out quite a few buyers. We are especially seeing a lot of investors flooding the market as they know that San Diego real estate is on sale and now is the time to buy!

If you are looking to buy, start your search for San Diego homes with us.

Home Prices in San Diego Likely to Increase 4.7% in 2010 and Hit Bottom Nationwide in March

Home prices in San Diego, CA are predicted to increase 4.7% in 2010 according to a report by First American CoreLogic's Loan Performance Home Price Index. The report, which measures home prices in 45 of the nation's largest housing markets, expects prices to fall nationwide another 4.2% before they hit bottom in March of 2010. This report also predicts an increase in home prices of 1% nationwide by October of 2010.

This is great news for San Diego home owners, but the report does warn that these predictions could be dragged down by bank's "shadow inventory" homes that have been foreclosed but have yet to hit the market.

Read more about the report here:

REALTOR® Magazine-Daily News-Report: Home Prices Likely to Hit Bottom in March

San Diego Foreclosure Friday - Volume 15

I know, it's hard to believe, but I AM BACK WITH ANOTHER SAN DIEGO FORECLOSURE FRIDAY!!! It's been since July since my last post, so we've got a bit of catching up to do.

In this first San Diego Foreclosure Friday post back I'll be updating you on previous properties that were available and have since closed. Once again, you'll be able to see what the property previously sold for, what it was currently listed for, and what it has now sold for. So without further adieu..

SOLD $570,000 (9/9/2009)

LISTED AT $599,000

PREVIOUSLY SOLD $918,000 (10/1/2007)

Baseball anyone? This 2 bedroom, 2 bath, 1118 square foot condo is currently available in the Legend, downtown San Diego's only luxury high-rise located directly within Petco Park, the home of the San Diego Padres! This unit is on the 16th floor and enjoys amazing southwest views into Petco Park and the bay. Comes with granite counters and stainless steel appliances in the kitchen, travertine tile in both bathrooms, and two parking spaces.

SOLD $1,500,000 (10/28/2009)

LISTED AT $1,650,000

PREVIOUSLY SOLD $2,530,000 (11/03/2005)

This expansive Mediterranean Mission Hills foreclosure property is priced almost $1,000,000 below it's most recent 2005 sale! You won't find many Mission Hills foreclosures like this one! At almost 4,600 square feet, with 5 bedrooms and 5 1/2 baths, a wine cellar, media room, enormous gourmet kitchen, infinity pool, and panoramic views all the way from Coronado to La Jolla, what more could you ask for in a foreclosure? Well, how about being just a 5 minute car ride to both downtown San Diego and the airport, and about a 5 minute walk to all the great Mexican restaurants in Old Town?

SOLD $750,000 (8/3/2009)

LISTED AT $699,800

PREVIOUSLY SOLD $1,2000,000 (2/6/2007)

Great location in north Mission Hills! This foreclosure property is listed for about half of what it sold for just over 2 years ago! This 1920s Spanish, with wood floors, and period details throughout, comes with 2 bedrooms, 1 1/2 baths, and almost 1600 square feet.

SOLD Cash $769,000 (6/19/2009)

LISTED AT $759,900

PREVIOUSLY SOLD $1,090,000 (7/5/2006)

Live the luxurious La Jolla beach life in this condo just one block to the water in Bird Rock! This unit in the Seahaus development was built in 2005 and comes with 2 bedrooms, 2 baths, and 1827 square feet. This is a ground floor unit that overlooks the pool and has peak ocean views from the kitchen, dining room, and living room, and all of these rooms come with gorgeous wide-plank hardwood floors.

SOLD $419,000 (8/06/2009)

LISTED AT $392,900

PREVIOUSLY SOLD $620,000 (10/31/2003)

We head back downtown to the ballpark/ East Village neighborhood to finish of this edition of San Diego Foreclosure Friday. If you love baseball, this condo is for you as it is sits right in front of Petco Park, the home of the San Diego Padres. This huge 1674 square foot loft space at the Parklofts comes with exposed concrete ceiling and walls, hardwood floors, granite countertops, and Pella windows with between-the-glass blinds. This unit has two bathrooms and could be converted to a two bedroom if you wanted more of a traditional floor plan.

SOLD $450,000 (7/22/2009)

LISTED $394,250

PREVIOUSLY SOLD $575,000 (10/12/2006)

Adorable California Craftsman in the South Park neighborhood of San Diego. 3 bedrooms, 2 baths, and 1469 square feet with a helper unit over the garage. This home has been updated with porcelain counters, travertine tile, and marble bathrooms, but keeps it's craftsman charm with refinished hardwood floors and wood framed doors and windows.

If you would like more info on any of these listings, other foreclosure properties throughout the San Diego area, or general information about buying foreclosure properties, please check out my website page on buying San Diego foreclosures. You can easily contact me from the form on the bottom of that page, or via email at Michael@NeelyBarrow.com.

You can also check out my website for more info on our San Diego real estate services and to search all the homes for sale in San Diego.

Be sure to check back in again next Friday for another San Diego Foreclosure Friday!

First-Time Home Buyer Tax Credit Extended and Expanded to Include Move Up Buyers

I have been a bad blogger and haven't posted for quite a while (I think since July!). But, I'm back with some great news for not only first time buyers, but for move up buyers as well. Both the Senate and the U.S. House of Representatives have voted to extend the first-time home buyer tax credit, and have expanded the credit to include existing homeowners as well. Now the final step will be for President Obama to sign the legislation, which he is expected to do shortly. (**Update - 11/6/09 - President Obama signed the bill today.**)

With this move, the federal tax credit will be extended through April 30, 2010, with a 60-day extension if a binding contract to purchase a home is in place prior to the deadline. First-time home buyers will continue to be eligible for a tax credit of up to $8,000, while existing homeowners will be eligible for a reduced credit of up to $6,500. To qualify for the $6,500 credit, existing homeowners must have lived in their current residences for at least five years. The bill also increases the qualifying income limits from $75,000 for single tax filers and $150,000 for joint filers to $125,000 and $225,000, respectively. The purchase price of the home is capped at $800,000 in both instances. With the extension and expansion of this credit, taxpayers can claim the credit on purchases completed in 2010 on their 2009 income tax returns.

The National Association of Realtors estimates that nationwide, more than 1.4 million first-time home buyers were given the opportunity to become homeowners as a result of the original first-time home buyer tax credit. With the extension and expansion of the credit these numbers are expected to dramatically increase.

For more info on how the credit works, check out my previous post on the Economic Stimulus and the First-time Home Buyer Tax Credit.