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Jury Says Realtor Not to Blame for Purchase Price

By KELLY BENNETT

A jury sided with a North County real estate broker Thursday in a closely watched case where homebuyers alleged they’d been led to overpay by $150,000.

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In Mission Beach, Developer Radically Redraws Beachfront

By KELLY BENNETT Voice Staff Writer

Even in a down market, a relative newcomer to Mission Beach redevelops the once-ramshackle cottage community to gleaming glass-and-steel condos.

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'It's Not Going to Stop'

By KELLY BENNETT Voice Staff Writer

Home prices plunged 21 percent from the peak in January's Case-Shiller index, the sharpest drops in the index's records.

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As Market Competes with Affordable Units, Agencies Stress Rental

By KELLY BENNETT Voice Staff Writer

While a significant gap remains between what many would-be homebuyers could afford and the cost of a for-sale unit here in San Diego, the gap is even wider for those households struggling to find a place to rent for a manageable monthly cost.

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THE NEIGHBORHOOD MARKETIn PB and Mission, Beachfront Fights Off Region's Gloomy Real Estate Market

By KELLY BENNETT Voice Staff Writer

But away from the water, price drops and foreclosures pinch homeowners just as they have in other corners of the county.

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In North Park, Market-Rate and 'Affordable' Condos Vie for Lowest Price

By KELLY BENNETT Voice Staff Writer

The gap between government-designated affordable condos and their market-rate counterparts once spanned $200,000 at La Boheme, but in a sagging market, a market-rate gives competition to even the reduced 'affordable' units.

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Prices Plunge, Foreclosures Spike, and 'We're Just Not Amazed Anymore'

By KELLY BENNETT Voice Staff Writer

Another month of spiking foreclosure activity and dropping home prices leaves even those tasked with finding solutions somewhat numbed by the numbers.

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THE NEIGHBORHOOD MARKETOnce 'the Boondocks,' Carmel Valley Attempts to Keep Its Housing Strong

By KELLY BENNETT Voice Staff Writer

While some residents and real estate pros in the northern San Diego suburban neighborhood say it has avoided housing trouble, short sales and foreclosures are slowly increasing.

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Novice Landlords Pinched Between Outgoing Payments and Rents

By KELLY BENNETT Voice Staff Writer

Some homeowners who took advantage of soaring equity to become first-time landlords are struggling as the gap between their monthly mortgage payments and the rent they can charge grows.

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In Downtown, 'Trying to Figure Out Who the Buyer Is'

By KELLY BENNETT Voice Staff Writer

Among those hunting for bargains in the city core: The El Centro businessman who avoided the downtown market in its overheated days and the Arizonans driving west for the weekends.

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Mortgage Distress Spreads Beyond Subprime

By KELLY BENNETT Voice Staff Writer

The San Diego region's prime mortgages restricted to borrowers with good credit are beginning to show some of the signs of trouble many had associated only with subprime counterparts.

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'Is Foreclosure Right for You?'

By KELLY BENNETT Voice Staff Writer

A new San Diego company that promises to help homeowners choose foreclosure -- rather than just be blindsided by it -- joins a cottage industry targeting the predicaments brought about by the housing slump.

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SD Prices Sustained Nation's Second-Worst Drop

By KELLY BENNETT Voice Staff Writer

Home prices declined 13.4 percent between November 2006 and 2007, second in the nation only to Miami's 15 percent drop.

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At El Cortez, Cracks in Walls, Relationships

By KELLY BENNETT Voice Staff Writer

How the historic downtown landmark became the location for a showdown between disgruntled condo owners and the building's renovators.

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Trouble at El Cortez

By KELLY BENNETT Voice Staff Writer

The renovated downtown landmark, converted into condos in 2004, has been beset by a battle between homeowners and the developer, as well as rapid price decreases.

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Foreclosure filings in January were up 165 percent from the same month in 2007. Read more here. Photo: Sam Hodgson

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