North San Diego County March 2024 – Real Estate Trends March 2024 Detached Homes New Listings -1.5% Compared to March 2023 Properties in Escrow +4.0% Compared to March 2023 Closed Sales -18.3% Compared to March 2023 Average Sales Price +11.2% Compared to March 2023 March 2024 Attached Homes New Listings +0.7% Compared to March 2023 Properties in Escrow -8.5% Compared to March 2023 Closed Sales -7.3% Compared to […]
Who is Buying and Selling Homes?
A 2024 Home Buyers and Sellers Generational Trends Report was released by the Research Group of the National Association of Realtors. Young Millennials (ages 25 to 33 years) and Older Millennials (ages 34 to 43 years) currently make up the largest portion of homebuyers with a total of 38%. Older Millennials contribute 21%, while Younger […]
Is What You’re Seeing in the News True?
News headlines are designed to grab your attention. They often mislead or tell only parts of the story, and you’ll have to read the entire article or do additional research to fully understand the topic. I invite all of you to call me and talk about the how the real estate industry and what that […]
How does the Supply of Inventory Affect the Real Estate Market
The summary below breaks down the different segments of inventory to demonstrate how the expanding or decreasing supply of homes for sale affects the reaction of the market. 0 – 3 Months of Inventory – Extreme Seller’s Market High Buyer Competition Extreme Seller demands 3 – 5 Months of Inventory – Seller’s Market Buyer Competition […]
Why should you buy a home in Fall?
Lower Prices Historically prices go down in the Fall and Winter markets Less Competition The highest sales activities occur in Spring and Summer. With less buyers shopping, you have higher chance of competing with buyers on a home Serious Sellers Sellers that list their property in the Fall are motivated. They may have a job […]
What are good reasons for moving?
Growing Family Room for Home Office Larger Yard Closer to Friends and Family Better School District Home with a view More Storage Closer to work Better climate conditions Relationship changes Proximity to recreational activities Time for something new
Can You Sell a House As Is?
Yes! When you hear the term “As Is” in a real estate transaction it means that the property is sold in its current condition without any repairs or changes. This term may be stated because the seller is unwilling or unable to make repairs. If the phrase “As Is” appears in the listing description or […]
How to Sell Your House Fast
It is important to position your property to get as much attention as possible. The initial days on market are valuable as the property is highlighted as new homes for sale. Working with an experienced agent will give you an advantage by marketing the home properly. -Make sure the property is clean and organized. When potential […]
Top Tips for Buying a Home
Buying a home is an important life decision. Make sure you consider these important tips before you buy: 1. Look at your finances and decide how much you can afford.2. Make sure to physical inspect the home and property for potential fixes and hazards.3. Tour the neighborhood at different hours to get a feel for the […]
Prepping Your Home for Sale
Follow these tips when preparing your home for sale: Stage each living area to help potential buyers imagine living in that space. Keep all rooms clean, including children rooms. Remove clutter and extra furniture to help the space feel clean and larger.