TAG | The Arendsen Group

Spring is Here! San Diego is Blooming… 

And the Housing Market is BOOMING!!!

It’s finally Spring in San Diego! I don’t know about you, but this change has me saying “Hallelujah!” …With our days already longer, beach weather just around the corner & seeing all these beautiful flower fields here coming into full bloom… what’s not to love??

Unfortunately that question isn’t a rhetorical one to local real estate professionals here…

While living in San Diego has its many obvious perks, our housing market is still a bit of a problem patch… and concerns are mounting as we see this problem starting to grow like a weed…

The general consensus is set to the same broken record you’ve been hearing here month after month… low inventory, fewer home sales and home prices still in a steady climb… Nothing new there. Now as we turn the corner on winter and spring into warmer months here in San Diego, it’s easy to see why everyone wants to live here… unfortunately the housing demand for our area is higher than the national average, so you can follow the dominoes to see how the growing gap between buyers and homes available brings us into more competitive buying conditions with more aggressive bidding, and thus higher sales being recorded in recent closed sales. We are still seeing this correlated market change continue across all of San Diego county.

It’s no secret that in any sellers’ market, home buyers get the short end of the stick.. and with mortgage rates now starting to rise as well, now more than ever this ‘hot’ sellers market seems to be really stoking the fire under buyers to hurry and buy now.. before it’s too late!

According to the Mortgage Bankers Association, the average rate for a 30-year fixed with 20% down payment is up to 4.5-4.6% (highest since 2014). While this isn’t any cause for worry to all those experienced and savvy in real estate, this rise brings quite a significant hurdle in terms of affordability for many potential first-time home buyers. With both factors now in play as we round the corner into spring and our “home buying season”, we believe we will soon see a more stable market here soon.

Basically, this ‘hot’ sellers’ market that has been stoking the fire under home buyers will likely cool to a simmer here soon. 

Here’s the stats we are seeing from last month:
Buyers Advice: 
 
While the stats may sound a bit discouraging for buyers, especially first-time buyers looking now… Remember: “We Got This”! It’s a competitive market for buyers now, yes..but it’s just like anything else. If you learn the game, practice and play to win, then when game day rolls around, you’re sure to bring your A-game! (..and if you also have an All-Star team ready to bat for you, who wouldn’t bet on you to win??
 
But in all seriousness, we are about to roll into spring “home-buying” market here and already starting to see an uptick in homes for sale (meaning more opportunities & more options for you to buy)! So whether you’re just out of practice or a first-timer new to the game, it’s pre-season and you need to get ready! Get back in the game now – find yourself a Realtor who will work for your best interests – start there now. Let them be your coach and help you get in the game now… with many more options coming to market here soon, be ready to bring your A-game!  Contact the All-Star team here
 

SOLD!! $18K OVER Appraised Value! / SOLD “As Is” / Highest Sale in Neighborhood…all in just 3 DAYS! Another *Hands-Free* Selling Success Story!!! our proven selling system delivers your best results, faster than all the other guys.. and we do it all, you don’t have to lift a finger!  Learn about our superior selling services here!

Sellers Advice: 
 
Yes, a lot of homes are selling fast, however we are still seeing poorly prepped homes sit on the market with horrible marketing efforts usually causing them to sell for much less than they should have. We see so many sellers drawn to these discount brokers or flat-fee services [*cough* Redfin *cough*]… unfortunately with discount fees comes cut-corners, confusing unpersonalized service and all the hassles of sitting on the market for much longer periods of time.. that means constantly maintaining a ‘show ready’ home, having to leave at a moments notice for constant showings… and if the home finally does sell, you have rookie agents you’ve never met doing the negotiating on your behalf…in a nutshell, homes are selling for much less than should with discount selling services.
 
Our team instead believes in going the extra mile for our clients – with our Hands-Free Selling system, we hire our interior designer to create a game plan to maximize the selling potential by staging what you are currently working with. We also offer a decluttering/packing service, staging, cleaning & more.. coupled with our advanced marketing strategies and expertise selling local real estate in your area.. we offer a proven system to deliver our clients more money in a shorter amount of time. We will even compete with other agency rates! For your best possible results in your home sale, Contact Us Today!
 
 
 

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    JUST LISTED! • Pristine Cul-de-sac Home  • SAN ELIJO HILLS!

    941 Avalon Way, San Marcos, CA 92078

    $724,900

    3 Bedrooms  Great Schools, Community, Walkability!
    2.5 Bathrooms  San Elijo Hills
    1992 sq.ft.  Cul-de-sac with Private Backyard!

     

    This home is your chance to get in to one of the most highly sought-after neighborhoods in San Diego county! San Elijo Hills in San Marcos offers an elite family-friendly community. Featuring excellent schools, community parks & dog parks, and great walkability to shops & restaurants… don’t miss your chance!

    Well-maintained 3 bedroom, 2.5 bathroom home offers gorgeous wood tiles, new carpet, new paint, updated bathrooms, walk-in closets, jetted tub in master bath and wonderful large open loft space upstairs (optional 4th bedroom)! This home is located on a private cul-de-sac with large backyard… and is move-in ready!

    Contact joseph@arendsengroup.com or Call today for your private tour!  888.503.3117

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      • COMING SOON!  •  GREAT BUYER OPPORTUNITY! •

       

      5700 Baltimore Drive, #28, La Mesa, CA 91942

      $335,000

      2 Bedrooms Private Patio/Balcony
      1.5 Bathrooms Built 1976; Fully Updated
      1068 sq.ft. Great Community/Amenities

      This is a beautiful fully updated condo in an amazing community with so much to offer! This home has tile floors throughout downstairs, nice wood floors throughout upstairs, granite countertops, stainless steel appliances, top of the line energy efficient windows, crown molding, recessed lighting and much more! The unit comes with 1 parking spot (Additional space $50/mo) and a private balcony. The community offers 5 pools, 2 fitness rooms, 2 tennis courts, a basketball court, and access to Lake Murray. This unit won’t last!

      This one will Sell Fast~ Don’t miss out!

      Call us today!   888.503.3117

      Condo Features:

      • Private Patio/Balcony
      • Spacious Floor Plan
      • Central AC/Heater
      • Granite Countertops
      • Stainless-Steel Appliances (Fridge, Range/Oven, Built-in Microwave, Dishwasher)
      • Top-of-the-Line, Energy-Efficient Simonton Windows
      • Tile and Laminate Floors
      • Recessed Lighting
      • Crown Molding
      • Walk-in Closets in Bedrooms
      • Linen Closet
      • Ceiling Fans
      • Vertical Blinds
      • Cable-Ready
      Community Features:

      • Park-like Setting
      • Ponds with Fountains
      • Clubhouse
      • 5 Pools, 4 spas  
      • 2 Tennis Courts
      • 1/2 Basketball Court
      • Saunas
      • Workout Rooms
      • Car Wash
      • Controlled Access
      • 24-hour Courtesy Patrol
      • Assigned Parking
      • Guest Parking
      • Well-Maintained Grounds
      • Laundry on Site
      • Steps Away from Lake Murray

       

      Contact us for more information, or schedule your private tour!

      This one will Sell Fast~ Don’t miss out!

      Call us today!   888.503.3117

       

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        GRAND OPEN HOUSE!  ~ Join us this Saturday, February 3rd, at 11am – 2pm!

         

         

        1679 Glen Hollow Court, Encinitas, CA 92024

        Asking Price $949,900

        New Listing – Just Listed FOR SALE in Village Park, Encinitas!

         3 Bedrooms 2 -Car Attached Garage 
         2.5 Bathrooms Large ‘Remastered’  Backyard
         1857 sq.ft.  Low HOA / No Mello-Roos!

        Find your perfect family home nestled here on a quiet cul-de-sac corner lot in the highly desired neighborhood of Village Park, Encinitas!

        This impressive 3 bed, 2.5 bath home offers energy efficient, comfortable living space with vaulted ceilings, recessed lighting & ample natural light flowing with ease through 1857 sq.ft. of spacious living.

        Fully refreshed inside & out, this beautifully remodeled home includes several recent upgrades; features include: brand new bathrooms, new master bath/spa;new hardwood flooring, new AC/furnace, solar installed ($0 owed!) & all new windows throughout! Don’t forget about this spectacular  backyard! Large fan-shaped backyard is entirely enclosed with privacy fence & now fully remastered! You won’t believe how incredible it looks now…

        Located on a large corner lot at the end of this double cul-de-sac with backyard fully enclosed with privacy fence provides your at-home retreat! Spacious fan-shaped backyard with lush greenery, mature gardens & fruit trees artfully landscaped throughout for your at-home oasis!  Remastered backyard features beautiful stone tiled patio space with wrap-around back patio, now complete with stone fire pit & full outdoor kitchen / bbq area – Perfect space for entertaining!

        Located in the highly desired Encinitas neighborhood of Village Park, this ideal family home is truly a rare find on today’s market! Close to excellent schools. Family-Friendly community with included amenities such as; tennis courts, walking trails, swimming pools, community parks, playgrounds, clubhouse & spa. 

         

        This a rare find – Will not last long! – Don’t miss out! 

         Contact us below!

        *
        For instant updates, Open Houses, full listing details & to view photo gallery & virtual tour…

        Text “TAG1” to 760.209.8333  ~ See more info, Instantly!

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          It’s a New Year, New You!

          … & a New Housing Market, too??

           
          For the entirety of 2017, we were starting to feel like a broken record here…”Housing supply low.. Home values rising..” month after month.
           
          It’s no news to our readers here that the supply numbers across San Diego have been consistently low compared to years past, but FINALLY we experts agree that there could be a new story change coming soon to this tired market report. With housing prices consistently up across all markets, we should see more confident sellers bring up the listing activity in 2018. Also with this new tax reform, home purchasers will only be allowed to write off the interest paid o a loan up to $750,000 compared to the previous $1M. This could bring a slight decline in buyer activity this year for the higher end homes or investment buyers.

           
          Here are those nitty gritty numbers to back that up:
           

          Bottom line, all signs point to a brighter, more stable market coming soon to San Diego. Onwards ‘n’ upwards, folks! 

           
          Buyers Advice: 
          The holidays can often bring on a ‘market slow-down’ – this supply dip can discourage buyers when there are fewer new listings to be seen hitting the market. But remember, it’s only temporary! After all gets back in full swing, we tend to see inventory levels pick up again.. and now in week 3 of January 2018, sure enough it has! Local inventory has already gone up, and we will continue to see more homes and buying opportunities hit the market here soon.
           
          If you have been actively on the search for that perfect new place to buy… Don’t give up!! Keep at it – inventory numbers will rise and would be advantageous for you to get locked into a lower mortgage rate now rather than missing your chance! 
           

          **Pro Tip: For your best home buying results, contact an experienced agent and employ for your most knowledgable search resource and real estate advocate. 

           

           

          Sellers Advice: 
          It’s a new year! What does 2018 have in store for you? Be it a year destined for you to fill with adventure, self-improvement or success…you should consider selling your home!
           
          If you’re rolling your eyes, just hear me out! Yes, I am a realtor so this may seem biased – but my team are an advisory-based practice for local real estate. That means we are honest advisors to advocate and explore our clients’ best interest. For that reason I find it my job to make all my local homeowners aware of this potential *gold strike* opportunity they could have in this present market..
           
          If you want to make this 2018 your best year yet, then I strongly urge you to pick up the phone. This sellers’ mark
          et has become like a perfect storm for optimal home-sale results here in San Diego – selling your home now could very well be your *golden ticket* to make 2018 a year for fulfilling your dreams! 
           
          Start today – Make this your best year yet!  – Call 888.503.3117

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            Who Said the Housing Market is Slow During the Holidays???

            With the holidays around the corner, I think​​​​​​​ most homeowners and realtors alike are assuming the housing market will slow down here soon.. However, alongside having a white Christmas in San Diego – a slowdown in this housing market would also prove to be a Christmas miracle.
             
            Now the housing supply will dip due to homeowners not willing to move or show their homes during the holidays – however buyers are continuing to pursue what homes are on the market. This means numbers may be down, but competition to buy will only increase! I predict that prices will continue to climb through the holidays and into the new year. I do believe we will see more inventory hit the market in January – this is based on the intentions stated by the numerous potential sellers I speak with on a weekly basis.  Will it be enough supply to balance out the extreme demand of our current market? …only time will tell.
             
            Here are the numbers we are seeing now:
            Closed sales fell 7.7%, Pending Sales increased 4.2% and the Median Sales Price increased a whole 6.3% from this time last year. What is a true shock to the market is the inventory levels for Detached Homes plummeting to 26.9%.. this tells me that the market is in high demand for detached homes right now, however with supply levels still so low, we should expect to see prices for detached homes to climb quite a bit during this Holiday season.
             
            Buyers Advice: 
            Stay active throughout the holidays!! I can’t stress this enough. Yes, there will be less inventory..Yes, you will be busy during the holidays.. BUT there will be opportunities out there still, and now LESS competition going after the good deals! To make it easier on you, set up a search on our website and be emailed only the listings that match your search as soon as they come to the market!
             
            Sellers Advice: 
             
            I am going to suggest the opposite of what I tell buyers during this time… Consider NOT listing your home during the holidays. We will naturally see less buyers active in the market at this time, therefore you might get less for your home than you would in the heat of peak season. I would say the say the only people listing during the Holidays are those who really need to sell, or those selling detached homes (not condos)… San Diego’s detached homes inventory has dropped 26.9% compared to this time last year, therefore the demand remains high enough to likely help you get more for your detached home throughout this holiday season.
             
            Of course, the best approach to help optimize your home sales return is to simply have the right agent in your corner. Be sure to find an agent that is dedicated to you & deliver your best results!
             

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              That’s it… I Need to Set the Record Straight…

              We are NOT Facing Another Housing Bubble!!

               

              Last week, our team and myself attended the annual National Real Estate Conference downtown where we were fortunate enough to be audience to a multitude of panels comprised of the best-of-the-best in all areas of real estate – many market issues were discussed but the topic brought up by all panelists from builder reps, to city councilmen, to economics professors surrounded this mounting nationwide concern of a potential market bubble.
               
              Let’s set the record straight here… experts agree – the issue is not when the bubble will happen, but rather when will this inventory crisis end ?!
               
              Let’s compare this year’s numbers to when we did experience the market crash in 2007 –  the calculated scales are currently tilted slightly in favor of buying vs. renting, versus the extreme opposite where 2007 pointed severely in favor of renting as the more affordable option (when considering renting costs vs. the current conventional loan offerings). Also in 2007, we were building in excess with 225,000 homes per year (in California), however despite today’s population having grown by 4 million, we are building under 80,000 homes per year. What shocks me here is how we are growing by nearly 400,000 people each year, yet only building 80,000 new homes..?! Something doesn’t add up here! 
               

              Here’s what I’m talking about:

              Buyers Advice: 
               
              Don’t believe the hype around buying a fixer! Due to San Diego’s high demand for homes, our fixer-upper properties are not selling for that much less than the move-in ready homes. Most of the time, it is actually more affordable to buy a home already remodeled, rather than putting up the capital yourself after purchase. Also, it’s going to be easier for most San Diegans to increase your loan by $50K to buy that move-in ready home, versus a fixer and $70K+ paid out of pocket in order to do a similar remodel.
              However, if you are still interested in a fixer, here’s a good place to start:
               
              Sellers Advice: 
               
              Hire a designer, not a stager! While staging usually does pay for itself and typically helps homes sell much faster, the typical seller in today’s market is still living in the home they wish to sell and it’s a designer they need, not a stager. We like to hire our interior designer to go through the home and create a list of things that should to be changed, all while using the clients furniture already in home to ‘stage’. This saves our clients money while still getting top dollar for their homes!
              See what else we offer our sellers: Click Here 
               

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                NEW Luxury Townhomes at Sombrilla!

                311 South Myers St., Unit 2

                Oceanside, CA 92054

                Have it all! Modern design & scenic ocean views from this luxury townhouse at Sombrilla! Thoughtful architectural design and top of the line interior finishes set this home apart from anything else this close to the beach. This impressive 2+ bedroom, 2.5 bath townhome is a tribute to modern excellence through stunning design, luxurious finishes and captivating views. 

                You’ll enjoy spacious living inside its 3 levels of sleek hardwood floors with natural lighting flowing in abundance through the skylights and magnificent floor-to-ceiling windows, plus a flexible open loft space that could be an optional 3rd bedroom.

                Top floor master suite extends over an entire floor complete with exquisite master bath, custom walk-in closets, and 2 large outdoor patios – featuring picturesque white water ocean & pier views!

                Open the large patio doors to welcome in calming/cool ocean breezes into your master suite. Fall into a deep, restful sleep by the peaceful lull of ocean sounds, and in the coolness of the ocean breeze..

                Located only steps away from San Diego’s finest beach – you’ll love coming home to this luxury Oceanside oasis! Get into an amazing luxury home in a great location while you can!

                Want to see more? Call Joseph – (888) 503-3117

                Oceanside is currently a great beachside community with gorgeous white sand beaches. You can’t get this beachside experience or investment value anywhere else in San Diego – and with several town projects currently in motion to revitalize the area, you won’t be able to get a property of this caliber for this low price again. This property is only steps to the sand in a great & up-and-coming area; truly a value investment property that will only appreciate over time! Get in now for a truly luxurious property for an unbelievable value!

                Call Joseph – (888) 503-3117

                 

                 

                 

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                  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  

                   

                   

                   

                   

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                    JUST LISTED! 

                     

                     

                    1429 Henshaw Rd. Oceanside, CA 92056 

                    $475,000

                    3 Bedrooms 2 Bathrooms 1187 sqft.
                    Single-Story Two-Car Garage Corner Lot

                     

                    Refreshed & rejuvenated 3 bedroom, 2 bath family home on quiet corner lot in Rancho del Oro community. Vaulted ceilings & beautiful tile floors throughout this functional single-story layout. Features open living & dining room with cozy fireplace, dual vanity sinks in master, mirrored closet doors, oversized sunroom and large fenced-in backyard with patio, mature gardens and paved RV parking. Attached 2 car garage. Great location. Move-in Ready!

                    This home is a GEM – A MUST-SEE!

                    Come join us for Grand Opening, this Sunday (9/17) @ 11:30-3:30 

                    Great opportunity – You don’t want to miss this one!

                    For more information, contact Joseph Arendsen  760.209.8333

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