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February 2016

Found 2 blog entries for February 2016.

Check out my newest listing, 7056 Heron Circle Drive in Carlsbad, CA!  

 

Impeccable pride of ownership in the largest floor plan at the popular Bay Collection in Coastal Carlsbad. Tastefully and professionally decorated home is absolutely magnificent. As you walk in you'll be impressed by the two story circular entry featuring recessed panel wainscoting and elegant light fixtures. This home also features two staircases, a large formal living room with marble surround fireplace, library/music room with stone fireplace, large formal dining room with custom built-in display cabinets & buffet with wine storage. These rooms also feature double crown molding, and the home has recessed/art lighting throughout. Gourmet kitchen boasts a huge center island,

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Over the past year, San Diego home values have gone up 6.6%.  They are expected to rise about 3.1% in the next year.  As predicted, the number of new listings in January was up quite a bit over the number of new listings in December.  

Here's an excerpt from First Tuesday Journal, the California Real Estate News Source: 

Lower mortgage rates free up more of a buyer’s monthly mortgage payment to put towards a bigger principal. Thus, San Diego’s high home prices continue to find fuel — not from speculators as in 2012-2014 — but from increased buyer purchasing power.

Expect home sales volume to fall off after mortgage rates begin to rise in the second half of 2016. Prices will descend 9-12 months later, by the second half of 2017.

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