Joe Marcotte's (joemarcotte) Blog

San Diego Condo Inventory at The Legend   For those buyers out there looking for a hip new Downtown San Diego Condo, there has been some recent activity at The Legend.  Due to the high demand of these exclusive condos, they won’t last long. The legend San Diego is arguably one of Downtown’s hotte...

Downtown San Diego Condos - Inventory and Development Update   As we enter the new  year, Downtown San Diego Condo Inventory continues to drop.  There are only 212 total available condos for sale.  This number represents the lowest inventory in the last decade.  Furthermore, it appears that this ...

  San Diego Condos | Downtown Condo Inventory        The San Diego Downtown Real Estate market is experiencing a shortage of downtown condos not seen in the last decade.  In fact, the 233 available Downtown San Diego Condos for Sale is far lower than the number that existed at the height of the l...

The days of high yield foreclosure opportunities are few and far betweeen.  Cash investors are finding it difficult to invest in trustee sales as the "flip” margins have declined signifciantly over the past 18 months.  Furthermore, there has been a real trend of the formation of REITS, who's far ...

There are currently less than 300 available condos for sale in Downtown San Diego and that includes both resale and developer inventory. The shrinking levels of condo inventory in the Downtown San Diego Real Estate Market has created a vacuum on the lower price points under 350k.  To date, there ...