Posts Tagged ‘San Diego’


Home Sales Soften in August / September

Sunday, October 20th, 2013

What Features Do Buyers Value?

Southern California and San Diego home sales in August and September backed off slightly, as prospective home buyers were spooked by the prospect of a federal shutdown, national debt talks, rising mortgage rates and weakened consumer confidence. The low inventory of residential homes and the increased uptick in home prices over recent months also added to things throttling back a bit in the Fall months.  San Diego County home prices actually went up in September after dipping slightly in August, but the number of transactions declined for the third straight month, according to research firm DataQuick.  It’s also interesting that Short sales are on the decrease comprising 14.3 percent of the market in September, down from 30.5 percent a year ago. Foreclosures were 4.4 percent of the market, down from 13.2 percent in September 2012.

During these interesting times of a fickle market you can make your home more appealing by understanding what features home buyers really value when looking at real estate.  See the graphic to the left to learn more!

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Is it Time to Move-up and Buy a Larger Home?

Saturday, September 21st, 2013
Move-up buying, is it time to sell and buy a larger home?

Move-up buying, is it time to sell and buy a larger home?

Move-up Buying

Virtually dead during the recession, move-up buying has resurfaced again in San Diego County. Property owners have been emboldened by rising home prices to list their homes and re-enter the market themselves.  Rising home values have meant more borrowers have emerged from negative equity, giving them the chance to break even or make a profit when selling.

San Diego County sales in the $300,000 to $800,000 range, generally the move-up category, rose nearly 50 percent in July 2013 compared with a year ago, figures from real estate tracker DataQuick show. Sales in the entry-level market, below $300,000, fell 25 percent in July, compared with a year ago.

Remaining home inventory also provides clues of a more-vibrant move-up market. The number of homes on the market between $500,000 and $800,000 is at a four months’ supply, which is “very, very healthy” compared with a year ago, when it was six to eight months. Movement in the trade-up market because those sellers tend to pay more visits to home-improvement stores to get furnishings and appliances. (more…)

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San Diego Home Prices on the Rise

Friday, August 23rd, 2013
San Diego home prices are on the rise

San Diego home prices are on the rise

San Diego Home Prices on the Rise:  What You Should Know …

Here are some tidbits of information from the California Association of Realtors that every person watching the California Real Estate market should know. As a Del Mar Property Management company serving North County San Diego coastal we watch these trends closely as they pertain to when someone should rent or buy property.  In the current market, San Diego home prices are on the rise!

  •  Home prices throughout California and San Diego home prices continued to post strong annual gains, and home sales recorded the first annual increase in six months, according to the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 443,520 units in July, according to information collected by C.A.R. from more than 90 local REALTOR® associations and MLSs statewide. (more…)
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Property Management Standards

Wednesday, August 21st, 2013
North County Property is setting Property Management standards with its new offerings in Del Mar Property Management and property management throughout North County San Diego

North County Property is setting Property Management standards with its new offerings in Del Mar Property Management and property management throughout North County San Diego

North County Property Group Sets New Property Management Standards Throughout North County San Diego

Web-based Rental Application Process, Online Tenant Payment System, and Property Owner Dashboard Reporting Differentiates the Company’s San Diego Property Management Standards and Services

Del Mar, Calif. – August 21, 2013 — North County Property Group, the leading full-service property management company serving Del Mar, Solana Beach, Encinitas, Carlsbad and the greater North County San Diego area, announced today that it is setting new property management standards with its services offered to client property owners and tenants.  The company has launched property management standards by implementing a new web-based rental application process, online tenant payment system, as well as an automated on-demand reporting portal for transparent accounting of individual property performance.

“Our personalized property management and vacation rental services fill a gap for investment and rental property owners in North County San Diego who are seeking the best in property management standards,” said Bob Preston, President and Broker/Officer of North County Property Group. “We have taken the professionalism and transparency of our property management standards and services to a new level by utilizing automated back-end software for online rental applications and tenant payments as well as owner dashboards for on-demand viewing of property performance reports at any time.”

(more…)

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