Downtown office tower sold to buyer planning to convert vacant floors into residential units
A local real estate developer plans to turn the 58-year-old office tower it just bought in downtown San Diego’s financial district into a mixed-use building with more than 100 residential units.Encinitas-based Ambient Communities purchased the office building at 530 B St. for $27.5 million — or $110
San Diego home buyers in a ‘holding pattern’? Home sales plunge
San Diego homes sales have slowed to a snail’s pace.In September, 1,987 homes sold in San Diego County, CoreLogic reported Friday, its lowest for a September in records going back to 1988. It also marked the 10th-slowest sales month of all time.Sales were down 22% from August, and down 6.4 percent f
How will California home prices react to White House switch?
What does a change in White House control mean for home prices and mortgage rates?History suggests homeowners wanting appreciation – or house hunters looking for a bargain – won’t see huge differences. When the party in the Oval Office is switched, home prices typically rise between elections only s
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