Archive for the 'Market Trends' Category
3rd Quarter Statistics for San Diego Real Estate - Get the Facts
Posted by Diane White | Leave A Comment »
What happened in the San Diego housing market in the 3rd quarter? Most areas saw prices declining because the lower priced homes are the ones selling the most…which has brought down the average sales price. The fact is that most short sales and foreclosures have occurred in the lower price ranges and investors and first time home buyers are taking advantage of it,
This market may dry up sooner then we expected due to lenders being encouraged to modify their loans. Countrywide where one out of four loans were serviced, is being required to do so and they have up to 125,000 loans in California alone.
The number of home sales in San Diego County in the 3rd quarter were pretty steady. Total sales including Resale Detached and Resale Attached Homes were:
September 3,090 August 2,801 July 3,083
Here are the full reports compiled by Data Quick for San Diego County:
Popularity: 29% [?]
Related Posts: Area Information, Area Statistics, Buyers, Carlsbad, Carmel Valley, Condos & Townhomes, Del Mar, Encinitas, Escondido, Find A Home, Market Trends, Real Estate News, San Diego, San Marcos, Solana Beach
Full Service Gas Stations Are Gone, But Full Service Real Estate is Alive at Windermere
Posted by Mark Loscher | Currently 1 Comment »
How many of you remember the true “full service” gas stations?
Well, I do.
For those of you who do not, let me fill you in, no pun intended.
Full service gas stations are a thing of the past, in California anyways. But not to long ago you could drive into your favorite gas station, say hello to a friendly gas station attendant, sit back, relax and let him or her, do all the service work.
What a concept!
They would ask you which grade of gas you’d like to have. They would check your oil levels for you. They would even check your tire pressure. Oh, and guess what? They would even wash your windows, without being asked. Wow, now that was service!
Unfortunately, that kind of service in the gas station business is a thing of the past, by and large.
In the Real Estate industry we are in danger of the same thing happening, if we aren’t careful. More and more companies are losing that personal touch, not only with their clients, but with the agents who work for them.
Not to long ago almost all Real Estate companies provided full service to their agents. They would provide a desk, a phone, a computer to work from, fliers, marketing materials, training, management support, and the latest technology products and support.They would have managers and administrative people available, 24/7 to help with a number of issues relating to helping the client.
Sadly, this too seems to be going by the way of the gas station and too many companies today focus on the number of people they hold licenses for, they focus on how many deals they produce, and they focus on themselves rather than on the client and the agent.
At Windermere we are a little old fashioned I guess, when it comes to service. We still believe it is very important to provide all of the support and tools that we can for agents, so they can provide the very best full service to the client.
We do provide all the tools, the technology, the administrative and management support, 24/7, to help our agents be the best they can possibly be. We understand the need to be on the cutting edge of technology and we are in so many ways, but not at the cost of that personal one on one touch that is so important in our people first industry.
Let us not forget that computers, phones and gadgets have been invented, developed and provided to assist us in our one to one personal business, not to replace it. The client and the agent need to have that personal interaction. They need to have that one on one conversation about the most important investment they are likely to make, a home. Just as an agent needs that same kind of relationship with their Broker and support staff.
At Windermere we value those relationships with our agents and the client.
We will continue to lead in our industry with the tools, the support, and the, yes, the “service” to our agents and ultimately to the client.
Check it out and see for yourself. I know that the support you need, we have.
Popularity: 50% [?]
Related Posts: Agent Services, Baby Boomers, Builder Services, Careers at Windermere, Contracts & Negotiations, Education, Find A Home, International Real Estate, Investment Properties, Join Windermere, Market Trends, Picture Perfect San Diego, Real Estate News, Sellers, Technology, The Daily News, Training, Windermere, Windermere Agents, Windermere Managers, Windermere Offices
A Better Place To Invest - Why Mexico May be Right For You
Posted by Jeanne Lopez | Leave A Comment »
Saludos amigos,
There’s an old saying that “pioneers take the arrows.” In Baja though, especially when you’re talking about real estate, they don’t take arrows. Rather, they take the profit. With a rocky U.S. stock market, more and more people are considering buying property in Los Cabos as an investment tool. As with property everywhere, the real estate market has its ups and downs. Generally in Los Cabos, the ups are spectacular and the downs are a little more than a few months of stagnant prices.
My husband Steve and I have just returned from another spectacular trip to Los Cabos with a new partner and our Marketing Director for our exciting beachfront luxury fractional home ownership opportunity. We again indulged in the perfect weather, incredible food, breathtaking oceanfront views with even more fun in the sun!!
And I wanted to give you another quick update on our Casa Del Sol fractional home project.
We spent an entire day surveying our new site in Cabo Vinorama Estates and relaxing along the pristine beaches and in the warm waters of the Sea of Cortez.
These are select photos of our beachfront lot:
As you can see, the preliminary work for the property has just begun. We will soon be ready to move forward with the first building phase on the house. It is very exciting to start to see the Casa Del Sol dream begin to take shape.
During our stay, we also had the opportunity to attend the ground-breaking event for a new resort project up the coast that will include a full service marina and 18-hole golf resort.
This future development, located 20 miles north of our Casa Del Sol beach house, is further evidence that this is a region on the move.
If you or anyone you know is looking at truly experiencing the Baja lifestyle, we welcome them to explore this fractional ownership opportunity.
Being avid travelers to Los Cabos for over 20 years, I assure you that one cannot find a similar beachfront product as the Casa Del Sol home without spending more than double our initial offer price.
For more information, please feel free to contact me directly at 858-405-7496 or visit our beautiful website at www.casadelsoleastcape.com.
Popularity: 28% [?]
Related Posts: Baby Boomers, Buyers, Coastal Living, Find A Home, Fractional Ownership, Great Real Estate Deals, International Real Estate, Investment Properties, Market Trends, Mexico Home Ownership
San Diego Foreclosures Filings Down? - Get The Facts
Posted by Diane White | Leave A Comment »
According to an article posted by Inman News recently, RealtyTrac said that foreclosure filings were down 12 percent nationwide in September.
California, which accounts for nearly one-third of foreclosure activity, recently passed legislation that requires lenders to contact their borrowers 30 days before filing a notice of default. This could explain why such a dramatic 51 percent drop in notices last month.
The article further goes on to state that this may only delay the process and may not alleviate the continuing influx of foreclosures.
Read the entire article: Foreclosure filings down 12% in September
The County of San Diego Assessor/Recorder’s Office also states the decline could be due to the requirements of the new legislation.
This became effective September 6, 2008. Read their letter here:.
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The Assessor/Recorder’s office also states that over 50 percent of the homes that are served a default notice do go back to the bank. A hefty 56.23% of the 27,990 Notices of Default filed through the month of August, or 15,740 went into foreclosure. Click the image to read the full report.
Some other interesting notes:
- Trustee’s Deeds (Foreclosures) recorded thru September were 15,740
- Total Deeds recorded were 88,437
- That means only 17.80% of home sales this year were bank owned/foreclosure sales!!
There will undoubtedly by more sales of homes that were foreclosed on, and 17.8% is a still a high number, but the facts are here in the report. This dispels the myth that over 50% of the homes sold in San Diego are foreclosures…doesn’t it?
If you would like me to research particular areas, please contact me at Diane@DianeWhiteSanDiego.com or simply leave a comment to this post.
Popularity: 42% [?]
Related Posts: Area Information, Area Statistics, Buyers, Financial news, Foreclosures, Market Trends, Real Estate News, San Diego
