TAG | Home for sale

April 2018  –  San Diego Real Estate Update 

Can it be true?? Ladies and Gentlemen, no fools’ jokes went into the making of this statement… let it be known: there is finally a significant shift in our San Diego Housing Market! We are just seeing significant evidence of a lasting change to our local market. Basically, what had been several long discouraging months with severe inventory droughts in a scalding HOT sellers’ market has simmered down to what I would say to be a more stable market.  So small shift statistically, but what a significant impact on the market!  

Now, this news may be a shocking surprise to you – but don’t be jumping to any sky-is-falling conclusions about this now.. we are seeing only slight shifts here, nothing to indicate we are at any risk of a market collapse, I assure you! What we are seeing is a slight, and long overdue increase in our market inventory finally, though oddly enough also saw slight dip in buyer demand over last few weeks. This may seem odd, but considering all the many other factors in play here like tax season/reforms, stock market, school season, newly increased interest rates, economic stability concerns, or just some awful cocktail of them all gives just cause for buyer numbers to take slight dip momentarily here, as shown below.

However we can expect buyer demand recover soon as this recent market shift becomes more evident  – this surge of new inventory brings long-overdue relief onto our buyer market.  More inventory means buyers will finally have more options when out looking for their new dream home (and slight decline in present buyer activity is GREAT news for active buyers now! – More options, less competition, better deals!) For sellers, this shift will mean the end of price gauging and return to more strategic home sale practices.

Now you might be asking yourself, “Why is this not a sign of a correction, or market crash???” Well, when the market crashed in 2007 people were stuck with these adjustable rate mortgages which when adjusted, sent their payment through the roof, we don’t have that anymore. Rental rates were extremely low in 2007 so it was cheaper to go rent than to own, we don’t have that anymore. Our population has grown yet we have only managed to build around 22% of the housing that is needed to support those new members of our community. Therefore these signs all point to high demand for housing here.

All in all, the market is going to remain very strong for the foreseeable future, however expect to see more inventory and more options for home buyers.

Here are some stats to back that up:  

 

Closed Sales are down 15.9%,. Pending Sales are down 3.1%. The Median Sales Price was up 10.4% to $635k for Detached homes and 5.7% to $412k for Attached homes.
 
Buyers Advice: 
 
Alright, it’s time to get off that fence and buy now before interest rates go up even more – the Fed has come out and said they plan to do 2 more increases to interest rates within this year. You will definitely want to get into your new home before that happens! Also, we are finally seeing more homes hit the market, this means you can give yourself more time to be picky and make sure the home has everything you’re looking for! 
See all the new inventory for yourself (Click Here)
 
 
Sellers Advice: ​​​​​​​
 
With competition to sale higher than we have seen in last few years, you will really want to make sure your home stands out from all the rest! To do this best, you will need to make sure the home is suitably decluttered and arranged so it can be shown well, make sure the property photos are amazing & flawless, always review all marketing to make sure it is advertised correctly, and of course, make sure it’s priced right! If this sounds like a lot to do, you’re not alone & that’s why our  team created this specialty selling system that provides sellers with full service, start to finish so we when you list with us, we’ll do the rest, cut out the stress & always deliver the best! 
Ask us about our  (Hands Free Selling System)
 
 

  1. 2 beds, 3 baths
    Home size: 1,116 sq ft
    Lot size: 2.00 ac
  2. 4 beds, 2 baths
    Home size: 1,683 sq ft
    Lot size: 8,399 sqft
  3. 4 beds, 2 baths
    Home size: 1,870 sq ft
  4. 4 beds, 2 baths
    Home size: 1,418 sq ft
    Lot size: 5,700 sqft
  5. 4 beds, 3 baths
    Home size: 2,464 sq ft
    Lot size: 35,719 sqft
  6. 3 beds, 3 baths
    Home size: 1,762 sq ft
    Lot size: 5,662 sqft
  7. 3 beds, 3 baths
    Home size: 1,898 sq ft

See all Real estate matching your search.
(all data current as of 5/26/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

 

 

Be Sociable, Share!

    , , , , , , , , , ,

    9516 Welk View Court, Escondido, CA 92026

     

    New Listing in Rimrock Estates    •    COMING SOON!   •   Panoramic Westerly Views!

    Asking: $1,999,900

    4 Bedrooms Stunning 1-Story Hilltop Home
    3 Bathrooms Prestigious Rimrock Estates
    3000 sq.ft. Panoramic Views w/Infinity Pool

     

    Schedule your private showing, before it even lists!   Call Joseph,  888.503.3117

    Coming Soon! Magnificent 4 bed, 3 bath, single-story hilltop residence nestled high within the prestigious Rimrock Estates with breath-taking westerly views stretching 50+ miles across lush rolling hills out to the ocean & the Catalina islands. This spectacular home is stunning inside & out – quality construction masterfully emphasizes these beautiful views in almost every room across the expansive 3000 sq.ft. open-concept  living space. Features include vaulted ceilings, gourmet chef’s kitchen, separate wing with master suite + stunning master bath + HUGE walk-in closet with his & her custom built-ins!

    Majestic courtyard entry leads through custom iron gate down stone tiled path under vaulted breezeway lined w lush greenery & built-in fire pit. Enjoy unbelievable westerly views from your beautifully landscaped backyard oasis, complete with saltwater infinity pool & spa, outdoor kitchen / bbq / pegola patio. Wrap-around stone walkway continues along the west-facing bluff under an open-beamed pegola complete with a canopy of lush greenery, mature gardens and soothing water fountains throughout.

    This meticulous home demonstrates true pride of ownership – truly something special. Must see to fully appreciate! This hilltop gem is definitely one you do not want to miss! 

    Call today! 888.503.3117 

     

    Be Sociable, Share!

      , , , , , , ,

       

      6034 Madra Ave, San Diego, CA 92120

      COMING SOON!  •  Call for More Info!  •   888-503-3117

      Asking Price: $1,299,000

      4 Bedrooms Single-Story
      3 Bathrooms FULL westerly views!
      2828 sq.ft. Fully Remodeled / Move-in Ready!

       

      Full listing photo gallery, details & home tour video COMING SOON! Property will be live on the MLS in about a week, but you don’t have to wait.. Call us today for your private *Off-Market* tour!   888.503.3117

      Be Sociable, Share!

        , , , , , , , , ,

        Just Listed!

         

        Find yourself at home in this impressive corner lot property, located in the heart of  Oceanside’s Rancho del Oro…

         

        Listing Price  $ 650,000

         

                            

        4 Bedrooms Attached 3-car Garage 
        3 Bathrooms Oversized Corner Lot
        2700+ sqft. Low HOA – No Mello-Roos!

         

        If you have any questions about this home, or would like to see this stunning property with your own eyes, just call Joseph Arendsen!  (760) 672-0174    

         

        637 Montage Rd,  Oceanside, CA  92057

        Find yourself at home in this impressive corner lot property, located in the heart of Rancho del Oro… one of Oceanside’s most sought-after neighborhoods.

        This spacious 4 bedroom, 3 bath home offers an inviting open concept floor plan, vaulted ceilings, oversized bedrooms, large windows and lots of natural light throughout its generous 2700+ sqft. of living space.

        Updated kitchen with new cabinets, granite counter tops, Stainless Steel appliances and breakfast bar flows out into the home’s newest addition, its remarkably spacious extra large family room with fireplace.

        Nestled on an oversized, beautifully landscaped corner lot within a highly desired Oceanside neighborhood community, this home is the real deal.

        It’s hard to believe – you could get this stunning home in a stellar location, and to top it all off, you will have some amazing, envy-inspiring curb appeal! Your new home is a turn-key treasure, showcased by gorgeous lush greenery, spacious backyard fenced-in, mature fruit trees, raised garden beds and outdoor patio – your new home is the complete package deal! 

        Additional Features :

        • Attached 3-car garage.

        • Plenty of storage.

        • A+ Neighborhood

        • Low  HOA

        • No Mello-Roos! 

        This property provides the perfect space for entertaining, or to just Relax & enjoy time with family! Reap the benefits of this A+ community – great schools, walking trails, family-friendly environment with community parks & playgrounds… and NO Mello-Roos!! What’s better than that??

        You’ll love coming home every day to this beautiful oasis in Oceanside.  But don’t just take our word for it – Come see it for yourself! 

         

        Call Joseph Arendsen  (760) 672-0174

         Schedule a private tour! 

         

        Stay tuned to our facebook home page for more pictures, home tour videos and listing & Grand Opening announcements for this property and many others!

         

         

        Don’t miss out!  Call Joseph today!  (760) 672-0174  

         

         

         

         

        Be Sociable, Share!

          , , , , , , , , , ,

          Web Design and Seo Services