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…
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!
Ken Grody Ford 4th of July Beach Bash w/Fireworks 10am-10pm / Del Mar Beach Resort www.mccscp.com/beachbash
Red, White and BOOM! Includes Fireworks 10am-9pm / LEGOLAND California www.legoland.com
4th Fest Fireworks 9pm / Elite Athlete Training Center www.chulavistaca.gov
Independence Day Parade & Festivities 7am-9:30pm / Various Locations www.coronadochamber.com
San Diego County Fair 4th of July Celebration w/Fireworks 10am-11pm / Del Mar…
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!
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???…
Let's take a look at the April market! Sales price continues to rise, with days on market staying low. There is SO MUCH buyer demand in San Diego right now. As we approach the spring and summer real estate market, I predict that prices will continue to rise, unless we see a sizable jump in interest rates!
Welcome, spring! We are entering the busy season of real estate. In March, the average sale price dipped just a bit. There was a large uptick in "sold" properties, which makes sense because the market is slow in January and February as we exit the holiday season. The main story in San Diego remains the LACK of inventory. Inventory remains extremely low, and sellers seem hesitant to get their homes on the market despite this being the best opportunity for sellers in recent history. Certainly an interesting time in the market!
The inventory is still SO LOW in San Diego! This means multiple offers on almost every property, which can drive the purchase price up. The average sales price went up this month after going down last month. For the first time in years, the San Diego inventory dropped below 5,000 homes on the market. If you are thinking of selling, now is your time!!
As we begin 2017, I want to kick off the new year with a quick market analysis. I want to talk about only one thing--INVENTORY. San Diego's inventory is so incredibly low right now. We currently have under 5,000 properties for sale. At this time last year, there were almost 7,000! What this means is that most properties are generating multiple offers, because the same buyer pool is still looking to buy. I believe that after the election, many people are holding off on selling and seeing which way the market will trend. This hesitation has caused a massive inventory shortage that all buyers are feeling as they go out and shop for homes.…
SELLER Closing Costs in San Diego
There are costs associated with the sale of a home. For most sellers, these costs are simply deducted out of your net proceeds by your Escrow company, and the check you receive already has these amounts deducted. Your Realtor can provide you a very accurate "net sheet" to show how much you would net at various sales prices.
1. Realtor Commissions
In California, it is standard for the seller to pay the Realtor commissions for their own agent as well as the buyer's agent. Commission is one of the largest expenses associated with the sale of a home.