August 2008 Real Estate Sales for San Diego - Get the Facts
Posted by Diane White | Currently 5 Comments »
Hello Everyone,
Wow, what a dramatic change a month can make! I knew there was more activity because I am out there showing homes and have been running into multiple offer situations on a regular basis, especially for bank owned properties. But even I was surprised at the number of homes that went into pending last month. (NOTE: The following statistics are from Sandicor.com)
August 2008 San Diego County Activity
Compare August to what happened in July.
July 2008 San Diego County Activity
August 2008 North County Coastal Activity
Compare August to July’s activity.
July 2008 North County Coastal Activity
North County Coastal pending sales more than tripled!
- Metro San Diego pending sales went from: 276 to 647
- North County Inland pending activity: 134 to 316
- South Bay Area pending sales activity: 311 to 675
In checking some specific areas, the actual amount may not sound like much until you figure the percent:
- Carlsbad went from 30 to 122 - 406% increase
- Carmel Valley from 6 to 44 - 733% increase
- Encinitas from 12 to 49 - 408% increase
- UTC/Sorrento area from 13 to42 - 323% increase
- Rancho Bernard/Sabre Springs/Carmel Mtn Ranch 48 to 99 - 206% increase
Some other facts about actual closings (316) for the month of August in San Diego County:
- Average days on the market (DOM) were 76 compared to 61 DOM for the pending properties
- Sales Price to Listing Price (SP/LP) averaged 99%
It will be interesting to see what the SP/LP will be in the next couple of months since there are so many multiple offers and often there are offers over the asking price. If you would like me to research specific areas or zip codes, please let me know. You can email me at Diane@DianeWhiteSanDiego.com or call me at (858)248-2144.
See what John Karevoll of DataQuick said on August 18th
It certainly looks like now is the time to buy…because at this rate, prices will be going up. As always, feel free to pass this information on.
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Related Posts: Area Information, Area Statistics, Buyers, Cardiff, Carlsbad, Carmel Valley, Del Mar, Encinitas, Foreclosures, Market Trends, Rancho Bernardo, San Diego, Solana Beach
7 Reasons to Golf your Brains Out at Skyline Ranch!
Posted by Lori Heck | Currently 1 Comment »
Skyline Ranch you ask? Golfing…well that is understandable but where is this Skyline place…what is Skyline Ranch?? Probably San Diego’s best kept secret, that’s what!
Skyline is a 55/45 mobile and manufactured home rental community in North San Diego County, Valley Center to be exact, with it’s own SCGA approved Executive Golf Course where you Golf for FREE!
Located just minutes from Valley View Casino, Skyline is a gated community of 222 homes with lots of park amenities like a Clubhouse, Pools (one is kid friendly), Hot Tub, Pool Tables, Library, Card Tables, RV Parking and more….oops, lots of Great Neighbors too!
It is an active senior community and Free Golf is it’s claim to fame! That’s right, unlimted FREE Golf for owners and accompanied guests pay only $2 for 9 holes and $4 for 18 holes.
So, how about those 7 reasons,
- It’s FREE!
- No driving….just open your door and step outside
- It’s Healthy….get off that couch and get movin’…Skyline is an active senior community
- It’s Friendly….get to know you neighbors and join in the fun with lots of activities
- No Tee Times….so it’s not crowded…no excuses
- It’s a Challenging but Fair course….par 3 and par 4 holes….SCGA approved
- Not a pro? No worry, practice and putting areas and lots of great neighbors to help you
Want to know more about Skyline Ranch? Call me at 760-803-1358 or visit my website, www.LoriHeck.com.
Popularity: 28% [?]
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8 Reasons Why You Should Work With a REALTOR®
Posted by Kevin Kueneke | Leave A Comment »
In my fifteen years of mortgage lending, I have dealt with hundreds and hundreds of buyers, sellers, and real estate agents. Unfortunately, not all real estate practitioners are Realtors®. The term Realtor® is a registered trademark that identifies a real estate professional who is a member of the National Association of Realtors® and subscribes to its strict Code of Ethics. Here’s why it pays to work with a Realtor®.
1. Navigate a complicated process. Buying or selling a home usually requires disclosure forms, inspection reports, mortgage documents, insurance policies, deeds, and multipage settlement statements. A knowledgeable expert will help you prepare the best deal, and avoid delays or costly mistakes.
2. Information and opinions. Realtors® can provide local community information on utilities, zoning, schools, and more. They’ll also be able to provide objective information about each property. A professional will be able to help you answer these two important questions: Will the property provide the environment I want for a home or investment? Second, will the property have resale value when I am ready to sell?
3. Help finding the best property out there. Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your Realtor® to find all available properties. 
4. Negotiating skills. There are many negotiating factors, including but not limited to price, financing, terms, date of possession, and inclusion or exclusion of repairs, furnishings, or equipment. In addition, the purchase agreement should provide a period of time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. Your agent can advise you as to which investigations and inspections are recommended or required.
5. Property marketing power. Real estate doesn’t sell due to advertising alone. In fact, a large share of real estate sales comes as the result of a practitioner’s contacts through previous clients, referrals, friends, and family.
6. Someone who speaks the language. If you don’t know a CMA from a PUD, you can understand why it’s important to work with a professional who is immersed in the industry and knows the real estate language.
7. Experience. Most people buy and sell only a few homes in a lifetime, usually with quite a few years in between each purchase. Even if you have done it before, laws and regulations change. Realtors®, on the other hand, handle hundreds of real estate transactions over the course of their career. Having an expert on your side is critical.
8. Objective voice. A home often symbolizes family, rest, and security — it’s not just four walls and a roof. Because of this, home buying and selling can be an emotional undertaking. And for most people, a home is the biggest purchase they’ll every make. Having a concerned, but objective, third party helps you stay focused on both the emotional and financial issues most important to you.
Bottom line: Do you have the expertise to sell your home in today’s market? A Realtor® does.
Portions reprinted from REALTOR® magazine (Realtor.org/realtormag) with permission of the National Association of Realtors®. Copyright 2008. All rights reserved.
Popularity: 24% [?]
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Are You a Bluetooth Tool Too?
Posted by Susan "Sully" Sullivan | Leave A Comment »
I never thought it would happen…but I’m officially a blue tooth tool. I walk around with this thing on my ear even when I’m NOT driving.
Oh, I admit, when they said the po-po would pull you over for driving with your phone on your ear, I panicked a little. I had been trying to get my bluetooth to pair with my new blackberry for quite some time now. I tried the “stereo” head phones that came with my phone. Lame. I tried to scramble with my phone when it rang while I was driving and put it on speaker; only to fumble with it to the point of near disaster when I spotted a cop in my rear view.
Now that someone in my office figured it out for me, I wear the dumb thing all the time. I’m sure it’s happened to you. Someone walks up to you and starts talking about seeing you singing karaoke at the Alley the night before, busting your chops, and you flush as you point to your ear…talking to a client.
Embarrassing. It’s also a big pain to now remember to charge the thing every night. I barely remember to put my cell on the charger after how many years??? And what about brain cancer? Have we really checked into this potential danger thoroughly enough to mandate that we either participate in this phenomenon or get a hefty ticket, fine, impounding, jail time??? Big brother ring a bell when you can get pulled over for talking on your phone? I’m still not over having to wear a seat belt by law.
With the random check points that have been popping up all over town, I’m just a little freaked out by all the impositions on my civil liberties. And of course the darn thing never works right - have you ever had to pull over cuz the reception is so bad or lost a few important calls? What’s the solution?
Now we’re talking!
Popularity: 38% [?]
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