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San Diego Real Estate - Page 8

La Jolla apartment building sells for $94M

Private equity giant Blackstone Group has bought a La Jolla apartment building for $94.4 million. The Avana La Jolla was one of 32 properties that Greystar Investment Group sold to Blackstone for $2 billion. That's about $192,000 for each of 10,399 units. Ref. Source 1j

Estate Real Diego San

Downtown's $6.4 billion building boom

San Diego’s Centre City has 63 projects under construction, approved or under review, that total more than $6.4 billion. The projects include hotels and a courthouse and condos expected to sell for more than $1 million each. Ref. Source 7e

San Diego Real Estate History & Civil Business Politics

Who wouldn't love to own a piece of real estate in upscale San Diego? Its like the dream of landlords except for the enormous amount of taxes you have to pay afterwards.

Page 8 Estate Real Diego San

Home prices up 6.4% since last year

Home price increases outpaced the national average in San Diego County in February but at a slower pace than usual, according to the S&P/Case-Shiller Home Price Index. The median home price in the region was up 6.4 percent in the last year. Ref. Source 8k.

Estate Real Diego San

San Diego renters need $648 raise to keep up

Renters in San Diego need a $648 annual raise to keep up with rent increases, according to housing website Zillow. A study says San Diego renters would need the seventh-highest raises of the 35 biggest regions in the nation. Ref. Source 1n.

San Diego Real Estate

San Diego home price hits all-time high of $525K. The median home price has risen 7.4 percent in a year, CoreLogic said. Ref. Source 9z.

San Diego Real Estate - Page 8

State Supreme Court upholds restrictions on Encinitas seawall. The California Supreme Court dealt a blow Thursday to two bluff-top property owners in Encinitas, ruling they can't object to a 20-year time limit for a seawall permit because they already accepted. Source 5u.

San Diego Real Estate Politics Business Civil & History - Page 8

San Diego home median reaches $540K, second highest of the year. The San Diego County median home price hit its second highest level of the year in November. Source 9x.