The sooner the better. HUD Secretary Shaun Donovan said on CNN’s “State of the Union” program this weekend, “The July numbers were worse than we expected, worse than the general market expected, and we are concerned. That’s why we are taking additional steps to move forward. Donovan said it was too early to say for sure, after only one month’s numbers, whether the administration would revive its popular homebuyer tax credits to give the housing markets another much-needed boost, but he didn’t wholly rule it out as an option. “All I can tell you is that we are watching very carefully,” Donovan told CNN. “We’re going to be focused like a laser on where the housing market is moving going forward, and we are going to go everywhere we can to make sure this market stabilizes and recovers.” Two U.S. Senate candidates from Florida, one of the hardest hit states by the housing downturn, spoke out in favor of bringing back the federal tax credits for homebuyers.  There is increasing momentum for the move and we will keep tabs on it for you.The next move is just around the corner.

5392 Wilshire Drive San Diego

Luxurious contemporary gated canyon home overlooking Mission Valley and Qualcomm Stadium. The amazing views seem to go on forever. This very unique home is a must see as the pictures and descriptions can’t do it justice. The owner spared no expense in 2008 when the interior, landscaping and pool/w spa were completely remodeled! This home of dreams has it all including a theater, sauna, steam room, wine cellar, gym, pool and spa, privacy and incredible views!    Please take a look at the Virtual Tour! 

The entry to the property is controlled by an entry gate intercom system and monitored by cameras at each entry point. The environment is controlled by a triple zoned HVAC system and  features a tankless water heater. The  remodeled pool has a water feature and all new equipment, plumbing, and a remote control computer system & energy efficient heater. Outside, you’ll find a  glass wall enclosing the patio/pool area, and a BBQ island with Cal Flame appliances including a 6 burner grill with  rotisserie, side burner, warming drawer, sink, fire pit, and under counter lighting. There are also rock speakers around the pool to enjoy the outdoor sound system. The updated chef’s kitchen features Jenn-Air commercial appliances – built-in side by side refrigerator, built-in microwave, steam dishwasher, 6 burner range w/ dual ovens and granite counter tops with a 4 seat extension. You’ll also find a walk in pantry and custom cabinetry. The theater seats 8 with a 106″ projection system and surround sound. The remote controlled blackout system ensures a quality cinema experience. The living room has remote controlled solar shades and a remote controlled Fire & Ice fireplace with a stainless steel surround & architectural and a concrete hearth which is duplicated in the master. The master suite also has manual solar shades, a 48″ plasma TV with a remote controlled viewing bracket and most importantly a huge custom walk in closet. On the lower level is the complete gym, steam, sauna, laundry room, a hidden electric safe and more than 1200 bottle wine room. All information is not guaranteed by Seller or Seller’s agents. Buyer should verify all information including square footage and conveying items prior to COE. This home has it all and is a must see for anyone desiring to live in Metro with convenience to I-15, I-8, and the 163. Close to malls, shopping and many restaurants! MLS#: 100046364 for 5392 Wilshire Dr. The seller is entertaining offers from $1,900,000 to $2,200,876 on this luxury home in the heart of San Diego.

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