Archive for March, 2015


North County Property Group Featured in San Diego Business Journal

Monday, March 30th, 2015

SDBJ

 

 

 

North County Property Group was recently featured and ranked by the San Diego Business Journal in its top 20 list of Residential Property Management Companies (San Diego Business Journal, March 23, 2015, page 58). The top 20 list ranked property managers based on the total number of units or “doors” under management.  In this regard, NCPG was ranked #16, with it’s 110 properties under management, a growth of 30% year-over-year and jumping up nine places from last year’s position as #25.

Of particular interest and importance, however, is NCPG’s total value of homes under management, coming in at a very high value of $132 million. Most other property management companies have a high number of “doors” due to multi-tenant dwellings such as apartment buildings with lower rent levels and potentially highly problematic units.  NCPG focuses exclusively on the high-end of the residential property management market.  It’s 110 properties, all single family homes with a combined value of $132 million, show a dedication by NCPG to its strategy, ranking #1 from the perspective of average portfolio home value. NCPG’s average home value of $1.2 million was far higher, more than two times the average home value, than its next ranked competitor.

What does this statistic mean?  First, it shows NCPG’s dedication to its position in the high-end, Interstate-5 coastal corridor of the residential property management market. Second, it shows that NCPG is capable and confident in managing exquisite homes and condos as well as trusted by owners to attract top caliber tenants. If you’re searching for efficient and attentive North County San Diego real estate professionals to manage your beautiful home, look no further than North County Property Group. The proof is in the numbers!

Located in Del Mar (Carmel Valley), California, North County Property Group provides real estate sales & leasing,  property management, and vacation rental services in the various communities throughout the greater North County San Diego area (click here to see communities served). 

For more information about North County Property Group, visit http://www.ncpropertygroup.com, or contact the company at 12526 High Bluff Drive, Suite 145, San Diego, CA 92130, USA; Tel: 858.792.5797; Fax: 858.777.5451; E-mail: info@ncpropertygroup.com to learn how we’re redefining real estate sales and leasing, property management, and vacation rentals in North County San Diego.

Follow North County Property Group on FacebookGoogle Places,  TwitterLinkedInPinterest and YouTube.

Home Sales Drop in January 2015

Tuesday, March 24th, 2015

Home sales decline

It seems hard to believe but home sales dropped in January over the previous month as well as dipped below January 2014 for the 14th month of the past 16 to show a decline over the previous year. Many Real Estate analysts agree that a “Winter Slump” is common in most years but most homeowners had hoped that the historically low interest rates available would keep the market strong.

As a summary of the details, approximately 13,560 properties sold in L.A., Riverside, San Diego, Ventura, San Bernardino and Orange counties in January, down 29.4% from the 19,205 properties sold in December, according to CoreLogic DataQuick data.  Most analysts agree, however, that there should be no worry since this is very close to the average fall of 27.6 percent in the same monthly period that has occurred since 1988.

“The January and February statistics are always interesting, and sometimes a bit strange, but they’re not necessarily a good indication of what’s to come,” said Andrew LePage, data analyst for CoreLogic DataQuick. “That’s largely because many traditional buyers and sellers drop out of the housing market during the holidays and mid-winter, and therefore don’t close deals during those months… At the same time, recent gains in job and income growth, coupled with low mortgage rates, could stoke demand and put significant pressure on prices unless we see a meaningful jump in inventory.”

Located in Del Mar (Carmel Valley), California, North County Property Group provides real estate sales & leasing,  property management, and vacation rental services in the various communities throughout the greater North County San Diego area (click here to see communities served). 

For more information about North County Property Group, visit http://www.ncpropertygroup.com, or contact the company at 12526 High Bluff Drive, Suite 145, San Diego, CA 92130, USA; Tel: 858.792.5797; Fax: 858.777.5451; E-mail: info(at)ncpropertygroup(dot)com to learn how we’re redefining Del Mar real estate sales and leasing, property management, and vacation rentals in North County San Diego.

Follow North County Property Group on FacebookGoogle Places,  TwitterLinkedInPinterest and YouTube.

Should I Rent My Vacation Home?

Tuesday, March 3rd, 2015

Your vacation home is your safe haven to get away from the daily grind. A place where you escape the stresses of everyday life to walk on the beach, take in a round of golf, build a snowman with your grandchildren, or simply take a nap on the porch swing. You may have thought about renting your home for a variety of reasons. Maybe you haven’t used it as much as you planned and don’t want it to sit empty. Maybe you just need to offset the costs of owning it. Or maybe you simply want to share your amazing vacation home with others.

Once you decide you want to move forward and rent your vacation home, the next step is to decide whether you want to do-it-yourself, or hire a property manager. There are so many moving parts related to renting a vacation home from setting the rates, determining deposit policies, drafting rental agreements, accepting credit card payments, and handling cleaning schedules between rentals.

Steps RevisedBecause all of this can be quite overwhelming, we recommend leaving vacation home renting to professionals and hiring a property manager. Before you make your property manager choice, however, verify that the company’s staff will — provide online booking capability on their company website; advertise the property both locally and internationally; interview and screen potential guests to make sure they are suitable; handle all aspects of rental agreements including the handling of rental payments; inspect the property before and after each rental and do an inventory count; welcome the guests into your property; organize repairs and maintenance, and provide receipts for all expenditures.

At North County Property Group, for example, we follow the steps in the above graphic “Our Steps to Maximize Your Income” to get your property rented fast and efficiently as well as assure that your property is well cared for and secure.  We do everything in blue, you get the green!

A competent property management firm can add significant value to your investment. At NCPG, our primary objective is to achieve maximum property value and income for our client property owners as well as provide top notch service to renters of vacation rental properties in our portfolio.

North County Property Group was founded on the following four guiding principles of high ethical standards, good communication, full transparency, and a customer first attitude. If you have a furnished vacation property you would like to consider renting we hope you will consider North County Property Group. Getting started is simple with North County Property Group. Call or email us today to arrange a free property walk-through and receive a personalized vacation rental property management plan.

Located in Del Mar (Carmel Valley), California, North County Property Group provides real estate sales & leasing,  property management, and vacation rental services in the various communities throughout the greater North County San Diego area (click here to see communities served). 

For more information about North County Property Group, visit http://www.ncpropertygroup.com, or contact the company at 12526 High Bluff Drive, Suite 145, San Diego, CA 92130, USA; Tel: 858.792.5797; Fax: 858.777.5451; E-mail: info(at)ncpropertygroup(dot)com to learn how we’re redefining Del Mar real estate sales and leasing, property management, and vacation rentals in North County San Diego.

Follow North County Property Group on FacebookGoogle Places,  TwitterLinkedInPinterest and YouTube.

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