Fresh & Easy has disposed of four of its 14 shuttered San Diego County stores, likely leading to a Haggen-style auction in the new year. Mark Goldman, a real estate lecturer at San Diego State University, did not anticipate the Fresh & Easy stores will have trouble selling, even if it seems like the county is saturated with grocery stores.
Fed Raises Interest Rates
It took almost 10 years to do it, but the Federal Reserve raised interest rates. The rate is a small one, only a quarter percent, but financial experts have been talking about it for years.
California home prices, sales cool in August
California’s summer housing rally cooled in August, a research firm said Thursday, as tight supplies kept a lid on sales and more buyers found prices out of reach.
Rise In San Diego Home Prices Slows
Home prices in San Diego fell 0.2 percent in September from the month before, but were up 7.9 percent from the same month last year, according to the Standard & Poor’s Case-Shiller Home Price Indices released last week.
MarketWatch: SDSU Students Awarded 1st Place in NAIOP Real Estate Challenge
Mark Goldman leads his students at SDSU to 1st place in NAIOP Real Estate challenge
Union Tribune: London Group offers bridge to real estate future
Mark Goldman and the London Group appear in the San Diego Union Tribune
North County Times: Foreclosure rate half of what it was a year ago
Mark Goldman predicts that the housing market is bottoming out and that the worst is over.
NBC San Diego: Banks Urged to Pay for Foreclosed Home Maintenance
Mark Goldman comments on a proposed ordinance aimed at urging banks to pay for foreclosed home maintenance.
San Diego Business Journal: Local Brokers Optimistic That Market is at Bottom
Mark Goldman explains the continued drop of median home prices and predicts the local market to be bottoming out.
SmartMoney: Cities With Least Realistic Home Prices
Mark Goldman comments on the disparity between asking and selling prices in the housing market throughout the country.