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Real Estate Blog

Updated as of January 16, 2018! 

 

Our sister company, GG Homes, is a real estate investment firm.  They are constantly acquiring new properties to renovate, and The Honest Agent Team buyers agents are able to show these properties pre-MLS and even submit offers on them to the seller!  If you are interested in seeing one of these homes or getting more information, text Bryan at (714) 309-1358!  

 

4050 Poppy Pl City Heights 92105, 2BD/1BA/683 SF, $415K 

650 Jordan St Escondido 92027, 3BD/2BA/1472 SF, $475K 

5214 Olvera Ave San Diego 92114, 4BD/2BA/1290 SF, $429K

6934 Madrone Ave Encanto 92114, 3BD/2BA/1437 SF, $425K 

4792 Mount Cresti Dr Clairemont 92117, 3BD/2BA/1193 SF, $650K

10224 Maya Linda #20 San Diego 92126, 1BD/1BA/643

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Updated as of January 11, 2018! 

 

Our sister company, GG Homes, is a real estate investment firm.  They are constantly acquiring new properties to renovate, and The Honest Agent Team buyers agents are able to show these properties pre-MLS and even submit offers on them to the seller!  If you are interested in seeing one of these homes or getting more information, text Bryan at (714) 309-1358!  

 

6381 Amber Lake Ave San Diego 92119, 3BD/2BA/1464 SF, $620K 

4050 Poppy Pl City Heights 92105, 2BD/1BA/683 SF, $415K 

650 Jordan St Escondido 92027, 3BD/2BA/1472 SF, $475K 

3621 Vista Campana S. #1 Oceanside 92057, 2BD/2BA/1790 SF, $375K

5214 Olvera Ave San Diego 92114, 4BD/2BA/1290 SF, $429K

6934 Madrone Ave Encanto 92114,

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Hey friends!  I've gotten asked a few times this week about our market here in San Diego, when a shift may be coming, and if we are in a bubble.  While no one can predict the future with 100% certainty, we can definitely explore what's going on and try to get a read on where we're going.  

First, let's talk about "bubbles."  Bubbles in real estate are characterized by two main features: 

1.  Values:  Prices become exceptionally high compared to other market indicators (like rent).  Prices rise extremely quickly. 

2.  Psychology:  Investors are optimistic to the point of euphoria and are dismissive of risk.  They feel invincible! 

I do not see EITHER of these two features occurring in today's market.  Let's dig into that a little more.

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Happy September, folks!  This has definitely been an interesting month in the San Diego real estate market.  Sales price was flat month over month this time around.  Days on market inched up by one day.  The percentage of sale price over list price dipped slightly.  These are all signs of a cooling market, but they are VERY early indicators and there may be factors at play that are unrelated to a shifting market.  We are closely tracking the market to see if we see definite signs of a shift.  Call us with questions!  If you are thinking about selling, NOW IS YOUR TIME.  

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Hi friends!  I just took a look at our market's stats from July.  Our average sales price dropped VERY slightly and so did the percentage of sales price compared to market price?  Do these signal a changing market?  Maybe... but they are not strong enough indications for me to say "yes!"  The market really ebbs and flows each month and it's very possible, in my opinion, that the market will stay approximately where it is for the next few months.  Time will tell, though.... ! 

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In June, our average sales price went up again!  Unless mortgage rates rise quite a bit, we aren't seeing any signs of the market slowing down yet.  What was the most notable in June was that inventory actually went DOWN, which is extremely rare for the summer season.  Where are all the home sellers at?!  You guys are KILLING IT in this market and it's so surprising that inventory remains so low!  Call me if you've thought about selling....seriously! 

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Hi everyone!  I'm going to be honest....I am SUPER excited to by typing up this blog post today.  I became a first time homeowner two weeks ago, and it was a whirlwind!  I've really been looking forward to sharing my experience in blog format.  So many of me and James' friends are in their late twenties or early thirties, and are now starting to think about home ownership.  So, I thought it would be a great idea to create an "insider's guide" into the scary, and not so scary, parts of buying a home.  

PARTS OF THE PROCESS THAT WERE KIND OF SCARY 

Loan Application:  I had never applied for a loan before, beyond buying my car (which was quick and painless).  I spoke with my mortgage lender and applied for the loan over the phone while driving.  It

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Looking for something to do next week on Tuesday, 4th of July? San Diego and all neighboring areas have tons of things for kids, teens, families, and those looking to party! Be safe and enjoy the holiday with friends and family!

Camp Pendleton

Ken Grody Ford 4th of July Beach Bash w/Fireworks 10am-10pm / Del Mar Beach Resort www.mccscp.com/beachbash

Carlsbad

Red, White and BOOM! Includes Fireworks 10am-9pm / LEGOLAND California www.legoland.com

Chula Vista

4th Fest Fireworks
9pm / Elite Athlete Training Center www.chulavistaca.gov

Coronado

Independence Day Parade & Festivities 7am-9:30pm / Various Locations www.coronadochamber.com

Del Mar

San Diego County Fair 4th of July Celebration w/Fireworks 10am-11pm / Del Mar

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Summer is almost here!  The real estate market in San Diego is hot hot hot.  We remain in a strongly sellers' market, with average days on market the LOWEST as it has been in years.  Our average sales price is officially above what it was right before the market crashed in 2008.  I get asked often if I see a housing recession coming.  I do believe we are due for a correction, but I do not think demand and prices will fall nearly as hard as they did the last time around.  Buyers are still doing well in this market if they write extremely competitive offers and keep their heads up! 

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Hello friends!  Our team has long been thinking that we are in need of a mini re-brand, and I am so excited to share the end results with you today!  We hired a local graphic designer to help our vision come to life.  During our initial consult, the designer and I went over possible "themes" for our new logos.  I knew I wanted something that looked modern, was not too girly, and reflected the core aesthetic/feel of the team.  I was initially leaning towards an extremely clean, geometric design.  In fact, most of the initial designs we received were geometric in style.  They were beautiful, but the one we landed on really spoke to us!  It is modern yet retro, and we loved it!  With a few small tweaks, we had our finalized logo.  

What do you think??? 

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