Blog

July 8, 2017
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Summertime in San Diego!

Summertime in San Diego! Don’t miss out on any fun summer happenings. July 8-16: Over the Line Tournament–an ‘only in San Diego’ tradition. July 9: CONCACAF Gold Cup Soccer Tournament–watch the best players complete for the win! July 15-16: Sun and Sea Festival in Imperial Beach. A classic summertime beach festival. July 16-17: San Diego LGBT Pride Parade and Festival. One of the country’s biggest Pride parades. July 20-23: San […]
May 12, 2017
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Ocean Beach Clean Up May 13th!

Spend Saturday morning at the beach! Pasas Properties is hosting a beach clean-up day in Ocean Beach this Saturday May 13th, from 9-11am. Meet at the grassy area north of the Ocean Beach Pier parking lot. We will supply bagels, coffee, a re-usable grocery bag and supplies for trash collection. We’ll walk north along the beach to collect trash. Let me know if you can join us:  sold@lindapasas.com
March 17, 2017
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Ocean Beach: Rents on the Rise?

Once known as the Haight-Ashbury of San Diego, Ocean Beach is a beautiful beachfront neighborhood with a rich history. The little town is perfectly nestled on the Pacific Ocean and a perfect place to vacation. But the area isn’t just for travelers – plenty of people are full-time residents as well. In a new trend that Ocean Beach hasn’t caught up to yet, surrounding areas are increasing their rent prices. […]
February 27, 2017
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Why Hire a Property Manager?

You should hire a property manager if you need help in running and maintaining your rental properties. Whether you want to free up your time or acquire additional rental homes to increase your income, the services of a property manager are vast. Listed below are just a few of the responsibilities of a property manager that will be an invaluable help to you: Advertising and Marketing Property managers ensure that […]
February 2, 2017
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Property Management and New Marijuana Laws

Property Managers — have you given any thought yet to the passage of Prop 64 and what it means for your rental units? Here is an interesting article from the San Diego Union Tribune about the topic. The full article can be read here; below are some highlights. Judging from a host of business and legal sources, it appears landlords can just say no. Or, if they’re so inclined, they […]
January 6, 2017
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An update on the 2017 real estate market

We would like to thank Kurt Eakin, President of Coastal Life Wealth Management, who provided the research and commentary below. It appears that we are still relatively affordable compared to the housing market bubble that ended in 1st quarter 2006. The National Association of Realtors Affordability index, which takes into consideration current median incomes, inflation, interest rates, average purchase prices, inventory etc. show that our current market allows for 45% […]
November 30, 2016
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San Diego home prices still on the rise

The latest Core Logic real estate tracker report notes that San Diego County home prices are still rising. They reported that the median home price in October 2016 exceeded $500,000 for the first time in ten years. The median price for a San Diego County home hit $507,500, up 11 percent from a year ago. Read the full San Diego Union Tribune article here.    
November 7, 2016
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Is San Diego a good place to start a business?

Here’s an interesting article where the author reviews the San Diego Economic Forecast for 2016 – 2020 and discusses whether San Diego is a good place to start a new business (as compared to Silicon Valley or Los Angeles). If you are interested in stats about our region, The San Diego Regional Economic Development Corporation has great resources on their website. For instance, their economic dashboard uses 20 different metrics […]
October 28, 2016
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San Diego median home price drops slightly in September

The San Diego Union Tribune is reporting that the San Diego County median home price dropped to $495,000 in September, a drop from August but still strong for a time of year that is typically slow. The August median home price reached $498,000. The paper also reported that sales were also down in September but still high for this time of year. To read the complete article, please click here.  
October 19, 2016

Congress passes law to significantly reduce barriers to mortgage lending for condominiums

A new law has been passed (H.R. 3700 – the “Housing Opportunity Through Modernization Act”) that will help remove barriers to safe, affordable mortgage lending for condominiums.  A lot of first time home buyers haven’t been able to purchase condominiums because the lending was so strict. The National Association of REALTORS (NAR) said this is a “significant step” in eliminating barriers to safe, affordable mortgage credit for condos. NAR reporting […]