Investing in San Diego Real Estate
September 20th, 2011 categories: Buying San Diego Real Estate, Investing in San Diego Real Estate, Local San Diego News You Can Use, Market and Forecast Updates For San Diego, San Diego Real Estate, San Diego Real Estate News, Selling San Diego Real Estate
San Diego Real Estate August Market Report for Rancho Bernardo
So How’s Your Market?
There is good news and bad news , which would you like first?
Here is the Good News.
* During the month of August, there are 263 Active Listings in RB ( Rancho Bernardo). The Average Price is $899,718 and the Median Price is $668,880. There were 53 Listings Pending Close of Escrow and 46 Sold Listings during the month. The Average Sold Listing was $694,993 and the median sold was $564,450.
A Recap of the Year to Date Sales shows we had 246 sold homes so far with the high selling price of $4,000000 and the low of $324,900. As you can see, we have a wide variety of single family homes ranging in size from 1200 sq ft to over 9,000.
On the Attached Home side of the housing market we have the following activity that took place in August. There are 58 Active Attached Listings through the end of August. The Average List price was $272,370 and the Median List Price was $278,000. There were 10 Listing Pending Close of Escrow ranging in price from $132,500 to $383,000. The 4 Attached Properties that Sold ranged from $145,000 to $499,876.
A Recap of the Year to Date Sales shows we had 138 Attached Homes Sales with a High Selling Price of $689,000 and a Low Selling Price of $125,000 for 540 sq ft. The Average Selling price was 261,249 for 1,163 sq ft and the Median Sales Price year to date was 234,950 for 1092 sq ft.
That was the Good News! Ready for the Bad News? Home prices are tending up and there is strong evidence that interest rates will likely be going up as well. Sitting and waiting for a better deal in Rancho Bernardo is not likely to happen so if you are considering a new Home or Condo, now is time to get in the market.
*Data obtained from Sandicor MLS and believed to be correct but not gauranteed.
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November 21st, 2010 categories: Buying San Diego Real Estate, Investing in San Diego Real Estate, Local San Diego News You Can Use, Market and Forecast Updates For San Diego, San Diego Real Estate, San Diego Real Estate News, Selling San Diego Real Estate
San Diego Home Sales Fall 25% October 2009 through October 2010
The October San Diego Housing Market report indicates that while the median sales prices for resales have increased slightly, the number of sales last month have dropped and over the last year they have done so rather significantly.
The year over year San Diego Median Home Prices changes from October 2009 through October 2010 suggest that there have been increases across the board in Single Family and Condominium resale prices and especially in new homes sale prices. The median prices increased 2.5% ( $369,000) for Single family homes, up 2.38% ( $215,000) for condominiums and a whopping 21.12 % ($486,000) for new homes. These combined gave the county a 2.92% ( $334,500) boost to the median price of all combined types of sales. Read the rest of this entry »
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July 17th, 2010 categories: Buying San Diego Real Estate, Investing in San Diego Real Estate, Local San Diego News You Can Use, Market and Forecast Updates For San Diego, San Diego Mortgage Banks and Loans Info, San Diego Real Estate, San Diego Real Estate News
San Diego Housing Market Has Been Steadily Improving-But Now It Is Slowing Down
Over the last 14 straight months, the San Diego Housing Market was improving. I reported so here on ActiveRain and on my Voice of San Diego Real Estate blog site with glee. So what is happening now? It would seem at first glance that the Federal Tax credit coupled along with state housing credits inspired most of the qualified buyers that were in the market to have already purchased leaving, us with a much smaller Buyer pool. And that doesn’t look to be increasing any time soon. Could that be a real possibility after having a steady increase in the improving numbers of home prices and sales? A possible cyclical change already?
According to Data Quick reporting, more money was spent last month on housing in Southern California in in the past 2 years. Home purchases are dropping significantly and with the historically low rates that haven’t been this low since the 1970’s, what could be going on? Read the rest of this entry »
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July 3rd, 2010 categories: Buying San Diego Real Estate, Investing in San Diego Real Estate, Local San Diego News You Can Use, San Diego Beach Communities, San Diego Real Estate, San Diego Real Estate News, Selling San Diego Real Estate, Social Media
La Jolla Festival Of The Arts
This art show and 4th annual charity event held at the beginning of each summer is sponsored by the Torrey Pines Kiwanis Club. It is held on the east campus of the University of California San Diego. The designated grounds use many acres to accomplish the very large event. One of the finest Art Shows in all of Southern California, this art show in particular, I don’t miss.
This is no ordinary community art show as it features Internationally known artists, book signings, Chalk art by Prominent world Class Modonnari, a Classic Car exhibit, Cuisine prepared by Restaurant Row participants, An Interactive Kids Zone, and Music Entertainment by Featured Musicians and Bands on The Carvin Entertainment Stage.
The variety of Fine Arts in different medium covers a very large area on the grounds and the numbers of artists this year was extraordinary. The sections of street painting by world class class Madonnari ( chalk artists) was simply amazing.
This year, I am featuring two artists whose wonderful artistic stylings I have come to know and really enjoy. Introducing you to Kari von Wening and Jan Bush.
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April 1st, 2010 categories: Buying San Diego Real Estate, Investing in San Diego Real Estate, San Diego Beach Communities, San Diego Condominium Guide, San Diego Real Estate, San Diego Real Estate News, San Diego Relocation, Selling San Diego Real Estate, William's Friends and Family, William's Life in San Diego Musings
How to determine the Best real estate professional for you!
Sometimes San Diego real estate buyers and sellers experience difficulty selecting the perfect Real Estate Professional to assist them with their home buying and selling experience.
Often it can be as easy as taking a test to find the perfect agent for your home buying or selling experience.
Find out who truly is the very best Real Estate Professional for YOU!
(DON’T SCROLL DOWN YET)
DO THE SIMPLE MATH BELOW, AND THEN SCROLL DOWN TO FIND THE PERFECT REAL ESTATE AGENT FOR YOU.
It’s AMAZINGLY CRAZY how accurate this is!!
1) Pick your favorite number between 1-9
2) Multiply by 3
3) Add 3
4) Multiply by 3, again
5) You should now have a 2 or 3 digit number….
6) Add the digits together
Now, scroll down.
With that number, see who your PERFECT AGENT is from the list below:
(1) Your cousin, Vinny, who just received his real estate license this past Tuesday
(2) Bob, who rode his bicycle 7 miles to your house, because he lost his license to drive
(3) Nancy, who told you to get in, sit down, and shut up, because you were in for the ride of your life
(4) Madeline, the agent who consulted with a Ouija board to determine your home’s list price
(5) Eric, who brought his aggressive Pit Bull along for showings, because he didn’t know “who” or “what” we might encounter while viewing vacant properties
(6) Marcus, your car’s auto-mechanic, who also sells real estate on Sundays, and sometimes in the evenings
(7) Allison, who once volunteered her time at the hospital, but is into real estate as a hobby now.
(8) Ellis, who told you before you could sell your home you needed to complete the list of 78 improvements on your home. Total cost of improvements $56,000. Home value – $150,000
(9) William Johnson – Realtor for over 20 years and lives here in wonderful San Diego. Caring, experienced and the consummate professional.
(10) Oh, oh, need to cross Don’s name off this list, because we buried him last month.
See, it wasn’t that difficult to select the perfect real estate professional after all.
At the end of your successful real estate home buying or selling experience with #9, you will know how accurate this test was!
Why are you laughing???
P.S. Stop picking different numbers. Just dial (858-487-6975) and ask for William Johnson, author of the Real Estate Text Book with over 20 years of experience. Tell him you took the test, and it told you to call.
*This test is meant for entertainment purposes only! Any names used (other than my own), are either fictional, or have been changed to protect the guilty!
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