Archive for the 'Sellers' Category
San Diego Housing Market Trends – Get the Facts
Posted by Diane White | Leave A Comment »
San Diego’s housing market has been discussed repeatedly recently and with mixed data, forecasts and opinions.
On January 20th, the headline was “County Leads Region in Home-Price Gain.
Some of the points covered were:
- San Diego County had a 10% increase in December over 2008.
- Coastal counties typically fare better due to living preference and lack of new development.
- 35.8% of resales in December were foreclosures, up from 32.6% in Novemeber.
On January 25th the headline was “Housing Data Show County’s Ups, Downs”. On January 26th it was “Local Home Prices on the Upswing”.
Some of the points covered were:
- Starter-home market at $350,000 has stabilized and appears to be rising while inventory has decreased.
- Higher-priced properties are still eroding. (Note; not in all areas)
- San Diego prices were up for the seventh straight month.
On January 27th the headline was “Housing Prices Buck Trend”.
Click for Index
Some of the highlghts are:
- San Diego was one of only four areas nationally to see an upturn beginning late last year.
- Home prices here were up 56.1 percent from 2000.
- Even if prices dip a bit over the next few months, buyers should be aware that any interest rate hike will wipe out marginal drop in prices.
And finally on January 28th, the header was “San Diego Area Foreclosures Jump; Defaults Slump” . Observations noted include:
- Analysts see this as a stabilizing market:
- Foreclosures pave the way for purchases by financially strong buyers.
- Fewer defaults mean either a decline in distressed owners or more loan modifying.
- Banks are not moving quickly to list properties for sale – possibly hoping prices will rise.
Overall the consensus is the housing market is stabilizing. With interest rates so very low, prices still lower than they were and the tax credit that was extended to April 30th, it is a great opportunity for buyers. And with low inventory and multiple offers, it may be the right time to sell!
Click to read more of my articles.
Related Posts: Area Information, Area Statistics, Buyers, Financial news, Foreclosures, Market Trends, Real Estate News, San Diego, Sellers, tax credit
Rancho Bernardo Real Estate….Did You Know??
Posted by Phillis Dattilo CRS,GRI | Currently 1 Comment »
I love houses..looking at houses…taking pictures of houses….seeing new houses…selling houses!
It’s my passion and that’s a good thing… because I’m a Realtor! So in the “Land of the Red Title Roofs“ know as Rancho Bernardo I want to share wth you some interesting facts about the houses and the community
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![RBtopheader[1]](http://pictureperfectsandiego.com/files/2010/01/RBtopheader11.jpg)
Did You Know:
Ranch Bernardo has two zip codes…9217,92128. In the 92127 zip code there are 127 Single Family Homes for sale and 30 Attached Homes( such as townhomes and condos). In the last 6 months there have been 215 Single Family Homes that have sold wtih selling prices going from $360,000- $4,025,000. The Attached Homes have also done well with 134 being sold and selling prices going from $130,000- $514,900.
Did You Know:
In the 92128 zip code there are 105 single Family Homes for Sale and 61 Attached Homes . In the past 6 months there have been 235 Single FamilyHomes that have sold with prices going from $205,000-$1,500,000. The Attached Homes sold broke the 200 mark with 209 homes sold with selling prices going from $125,000-$500,000. Good job zip codes 92127 and 92128!
Did You Know:
Rancho Bernardo has the “Best“ Bakery around. Just walk through the door of Edelweiss Bakery and one whiff will sent you into bakery bliss. Edelweiss Bakery opened in 1981 and is still owned by the Lawrie Family. Lynn and Matthew run the bakery and it is just a treat viewing all the apple cakes and apple strudles. The bakery has been voted “Best Bakery ” year after year by Rancho Magazine. You can find Edelweiss Bakery in the Westwood shopping Center or check out their web site at www.ourweddingcake.com.
Did You Know:
The perfect place to walk or hike after visiting Edelweiss is the Rancho Bernardo Community Center. The Park has tennis courts, ball fields, basketball courts and hiking paths . Today I learned from several City Engineers that a walk/bike path connecting the Community Park with the new Pedestrian Bridge over Lake Hodges in in the works. I saw the plans myself and it will be perfect addition.
Did You Know:
You can search every home that is for sale in the 92127 and 92128 zip codes! What are you waiting for??? Go to my website at www.Phillis.com and click on the big red Search the MLS button.
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Related Posts: Agent Services, Area Information, Area Statistics, Buyers, Community Service, Condos & Townhomes, Find A Home, Lifestyle, Rancho Bernardo, Sellers, Senior Living, homes for sale
Why NOW May be the Best Time to Sell Your Home
Posted by Rachel LaMar, J.D. | Currently 4 Comments »
Happy New Year! I wanted to discuss an important issue that could effect buyers and sellers this year. There have been many articles out there lately about what will happen to the housing market in 2010, and many contradict each other. Some say the market will stabilize and start to climb, others that the bottom is not even in sight yet. So who do you believe?
There are three critical factors that will play a role in the state of the market and how it will fare this year. But even more importantly, if these factors combine in several different ways it could make it more difficult to sell a home in the latter part of the year.
If you are thinking of selling your home this year you may want to consider doing so now. To find out why please read my latest blog by clicking the pencil below or by visiting http://www.rachellamarrealestate.com/blog/?p=317.
Related Posts: Buyers, Financial news, Foreclosures, Great Real Estate Deals, Interest Rates, Real Estate News, San Diego, Sellers, homes for sale, rachel lamar, tax credit
SELLERS HAVE A CHOICE WHEN IT COMES TO ALL CASH BUYERS
Posted by Ana Gramling | Leave A Comment »
![MCj04326590000[1]](http://pictureperfectsandiego.com/files/2009/12/MCj0432659000012.png)
In this real estate environment where it is thought that the all cash buyers are “KING”…know that sellers DO have a choice. I have had the opportunity to work with sellers who consciously made the decision NOT to choose an all cash buyer based on the fact that they were once given an opportunity to buy a home, when they truly thought it would be impossible, and wholeheartedly knew the responsibility to “pay it forward”.
I’d like to share an incident which stemmed from a phone call from a potential buyer…let’s call him “Mark” (who was not represented by a Realtor®), who, through his own dedicated search of the internet; saw one of my new listings. 
I will say it was a listing that I knew was going to generate a LOT of interest and was a sure bet for an all-cash buying opportunity. Mark expressed his disappointment in previously having made over a dozen offers to purchase homes that had been mostly awarded to all cash buyers. Some properties he made offers on got into a “bidding war” between all cash buyers; and, he knew he would not have a snowball’s chance (do you like the holiday pun?) in being awarded the purchase. Mark continued to express his concern that most all cash buyers are investors and, truth be told, they would hurt the owner vs. tenant occupancy ratios of most communities, and they would make it more difficult for the future conventional buyer to obtain a loan due to lender requirements.
I know Mark’s situation will resonate with many conventional buyers, not to mention their Realtors®. In reality, all that the conventional buyer desires is to be afforded the opportunity to enjoy homeownership and “owner occupy” the home they purchase. Today’s conventional buyer already faces the tremendous obstacle of limited inventory, stricter lender requirements, inferior product due to deferred maintenance in short sale/foreclosure properties and a tough economy. Don’t get me wrong, I appreciate the all cash buyer! My point is simple; there is room in our real estate market for the variety in our pool of buyers.
So, is there an answer to Mark’s dilemma??? Probably not!!! What I know is th
at I have another seller who likewise is paying it forward. They too awarded a sale to a conventional buyer who is actually a first time homebuyer who is expecting their first child. I can’t think of a better holiday present than to have the opportunity to buy a home to raise their family in and start many new treasured memories and traditions. I know this may sound too good to be true! Don’t believe me? Call me at (858) 688-3363 or EMAIL ME and I’ll be happy to tell you all the facts in greater detail!!!
By the way, Mark has elected to take a break from the stress of trying to buy a home in this marketplace and is currently renting.
Related Posts: Agent Services, Buyers, Find A Home, Foreclosures, Homeowners, San Diego, Sellers, Short Sales, homes for sale
Bernardo Heights/Rancho Bernardo Real Estate On The Move
Posted by Diane Teti | Leave A Comment »
Bernardo Heights: a Master Planned Community in Rancho Bernardo
Built during 1980’s, this master planned community includes Recreation, Pedestrian Paths, The Bernardo Heights Country Club, and Bernardo Heights Community Center. Bernardo Heights consists Custom homes, Single Family Detached Homes, Patio Homes, as well as, Condominiums and Apartments. Homes range from 900 square feet to over 4000. 
All residents enjoy the beautiful Bernardo Height Community Center which includes a Jr. Olympic Size Swimming Pool, Spa, 8 Tennis Courts, an Exercise Room, Billiards, and community room for special events as well as Kitchen facilities.
Part of the Award Winning Poway School District, Rancho Bernardo High School and Bernardo Heights Middle School is within walking distance of most homes.
Home Sales for 2009 as of 12/06/09
SOLD Selling Price
Single Family detached 35 $375,000 – $970,300
Condos & Townhomes 36 $218,000 – $$522,500
Average Market Time 2009: 50 Days
If intertested in your home value visit: www.BernardoHeightsHomeValues.Info
Related Posts: Area Statistics, Buyers, Condos & Townhomes, Golf, Rancho Bernardo, San Diego, Sellers
