Archive for the 'Rancho Bernardo' Category
As we said in Reason No. 1 you can’t beat a climate with average daytime winter temperatures in the 60′s and 40′s at night. Summer temps are in the high 80′s (except in parts of Valley Center and Escondido where the desert influences can bring them into the 90′s and above).
Reason No. 2 - it’s a great place to retire.
Affordable housing tops the list! A quick 30 minute drive from the beach is the city of Rancho Bernardo where there is an abundance of senior housing to fit most every budget. For example, two excellent communities are Oaks North and Seven Oaks with approximately 4,000 homes priced from the low $200,000′s to half a million.
Just 5 minutes north of Rancho Bernardo and across Lake Hodges is Escondido which was listed in the top six in Money Magazines 2007 “Best Places to Retire” contest . It’s a well known secret that Escondido has more senior mobile home parks than any other city in North County. In some, residents own their own lots and in others you own the home and rent the space. Prices vary from below $20,000 to over $400,000 for the luxury models.
Many are familiar with the beautiful Lawrence Welk Resort. Did you know…besides it’s own dinner theater, golf course and time share condos, it also has a fantastic senior area of mobile and manufactured homes set among hills and ancient oaks?
The City of San Marcos – 10 minutes west of Escondido – is home to Lake San Marcos Resort which features it’s own lake, golf course, Quails Inn and extensive senior housing. Many of the homes and condos are on the lake.
As you can see from the picture below homeowners use the lake! There are also a number of senior mobile home parks in San Marcos where the prices are very comparable to the prices in Escondido.
For those who crave a more rural atmosphere just a few minutes drive east of Escondido will bring you to Valley Center.
This is an area of larger parcels of land and homes where horse lovers and privacy seekers will thrive. There is a jewel hidden away among the hills, boulders and oaks. This senior park has a great nine hole PGA golf course the use of which is included in the monthly space rent.
As you might suspect…there are several other cities in North San Diego County which we haven’t discussed.
We think the highlights above do give a fairly nice overview. However, if you still have a thirst for more information just give us a call.
Watch for Reason No. 3
Stay tuned! We’ll be writing again soon with more reasons why people move to North San Diego County…
While some agents and companies are stepping back or stepping out of the real estate arena, some of us are finding an opportunity to diversify during this challenging market downturn. As an agent I am now working harder to provide the kind of service and presence that will provide my clients a much higher level of service. Building lasting relationships is my highest goal and and I achieve results, even in this tough market.
Listed are examples of TOOLS that I use to be more effective in building a relationship with a buyer/seller….
- Keeping tabs on housing inventory and setting up searches for each client is key.
- Informing a potential buyer/seller of changes in the market that are happening daily builds confidence in your relationship .
- Using the right tools allows me to know which types of listings a consumer is looking for and for recommending similar properties.
- I work closely with a Loan Officers who are knowledgeable and can provide buyers with information to help them decide how much they are able to invest in a property and how to begin the process.
- I use the internet, producing Virtual Flyers, the Real Bird Listing Publisher and Craigslist (just to name a few) to bring attention to buyers needs and my seller’s properties. I consistently show buyers and sellers that I DO have the right TOOLS and how I can benefit them.
Commitment and hard work is important and really shines in a market like this one. Providing first rate service accompanied with knowledge will surely make you feel confident when using my services, and I hope to build relationships that are long lasting.
Here is to lasting relationships and VERY HAPPY Clients.
What are short sales? What is happening with the short sale market? Are they selling? Where are they? Here is the Statistics Report for the activity in the last 90 days on all homes, except for manufactured, in San Diego County. Statistics supplied courtesy of Sandicor.
San Diego County Short Sales
- There are currently 6,445 Active Listings. This is a little misleading because most short sales are kept in the active status, even after the seller has accepted an offer, until there is an formal acceptance by the lender(s).
- There are currently 1,778 short sales in the pending status, which means in escrow.
- There have been 4,109 that have closed escrow in the last 90 days.
What are they? Short sales are homes that are for sale and the seller’s loan(s) are more than what the property can sell for. They put it on the market in the hopes that the bank will take less than what they owe. This used to be a process that could take up to 6 months before the lender assigned a negotiator and many went into foreclosure before they ever had a chance to get it approved.
Most banks now have systems in place and as the report shows, they are closing successfully. In fact, most of the time there are multiple offers…you will note that the sales price to listing price is now 97% and average days on the market are down to 99.
Where are they? I did a search for some regions and note the following:
North County Coastal = Carmel Valley, Del Mar, Solana Beach, Encinitas, Carlsbad & Oceanside
- 738 Actives 200 Pending 186 Solds
North County Inland= Scripps Ranch, Rancho Bernardo/Penasquitos, Mira Mesa, Poway & Ramona
- 537 Actives 205 Pending 185 Solds
Metro Areas = Downtown, Hillcrest, North Park, Mission Valley, Clairemont, Tierrasanta & University City
- 1,096 Actives 329 Pending 283 Solds
South Bay = Bonita, Chula Vista & National City
- 1,727 Actives 339 Pending 159 Solds – by far the highest area
If you have stayed away from short sales, you might want to reconsider…many are selling before they become foreclosed on.
Related Posts: Area Information, Area Statistics, Buyers, Cardiff, Carlsbad, Carmel Valley, Del Mar, Downtown, Encinitas, Financial news, Foreclosures, La Costa, Leucadia, Market Trends, Oceanside, Poway, Rancho Bernardo, Real Estate News, San Diego, Short Sales, Solana Beach
Well, San Diego County home sales have not slowed down. September 2008 shows 3,937 Resale Homes are in escrow as of September 30th.
If you take a look at Sandicor’s Statistic Report for last month below, we have currently:
- 11,370 Active Listings in San Diego County
- 3,937 Listings that are Pending (in escrow)
- 1,627 Listings that closed escrow in September
September San Diego County Statistics
Some other very interesting notes:
- DOM (days on market) have decreased from August’s average of 76 days to 65 in September
- SP/LP (sales price to listing price) is now 104% – 4% over asking price.
There are 2 reasons for the SP/LP being over the asking price. One is that bank owned properties are being priced low, which is causing multiple offers and bidding wars. The second reason, in my opinion because I am out there every day, is supply and demand. And it is not just bank owned and short sale properties that are getting multiple offers, I’m seeing it in regular sales as well.
So where did most of the activity take place? Here are statistics from two areas of San Diego County.
San Diego Central Statistics
North County Coastal has 2,029 Active Listings, 555 Pending, and 302 Sold Listings
San Diego Central (from Downtown to UTC) has 1,435 Actives, 605 Pendings and 247 Solds.
Statistics for other areas including:
- Southbay – 1,987 Active, 916 Pending and 259 Sold
- North County Inland – 1,061 Active, 402 Pending and 184 Sold
- East County – 1,371 Active, 589 Pending and 245 Sold
I will be doing further analysis on what is happening with home sales in the county…so please let me know if there are particular areas that you would like me to include.
Related Posts: Area Information, Area Statistics, Buyers, Cardiff, Carlsbad, Carmel Valley, Del Mar, Downtown, Encinitas, Foreclosures, La Costa, Leucadia, Market Trends, Oceanside, Rancho Bernardo, San Diego, San Marcos, Sellers, Short Sales, Solana Beach
Don’t miss this one!! This turn-key former model home in The Palisades, one of Carmel Valley’s most desirable neighborhoods is just on the market and ready for new owners.
Behind the wrought iron front gate lies a beautiful, spacious courtyard with a cascading fountain and colorful landscaping. The double front doors welcome family and friends to an expansive and open floor plan with vaulted ceilings, neutral decor and a striking curved staircase.
The living room is open to the separate dining room and has a vaulted ceiling, plantation shutters and a combination of natural stone and richly toned engineered hardwood flooring. The attractive kitchen with ample room for casual dining is open to the family room with a gas starter fireplace. The wood flooring carries through these room. These bright rooms are the perfect gathering place and open to the backyard with built-in barbeque and sink, trellis and lush, cool grass.
Continuing with the downstairs, one bedroom and adjoining full bathroom offers flexible space to serve as a private oasis for visitors or as a home office or as a music room or study. Upstairs the wood floors continue throughout the home.
The master bedroom suite is extra large with a sitting area and plantation shutters. The master bath has dual sinks and a huge walk-in closet. Two other bedrooms and a bonus room complete the upstairs. Every room has generous closet space and mirrored closet doors. The home is completed by a three-car garage to accommodate the needs of the most discerning clients.
If you are someone who values a comfortable home in a friendly, safe neighborhood turn your attention to this one.
It is located just a few blocks from Ashley Falls Elementary School, a top-rated schools in the Del Mar School district. Excellent schools at the elementary, middle (Carmel Valley Middle School), and high school (Torrey Pines High School and Canyon Crest Academy) are all nearby.
The shopping centers at Del Mar Highlands and Piazza Carmel offer every service and convenience, grocery stores, boutiques, restaurants, movie theater, coffee shops, dry cleaners, jewelry stores, literally everything one can imagine.
Within a mile of SR-56 the location is a commuter’s dream to head west to I-5/I-805 or east to I-15. Only 20 minutes to the airport or downtown, 10 minutes to outstanding golf at Torrey Pines Golf Course and under 10 minutes to the premier sandy beach at Del Mar, Carmel Valley is moments from everywhere. Come home to The Palisades and relax and unwind.