Real Estate

Today's Market: A Transitional Shift   Over the past few weeks, the real estate market has been undergoing changes due to recent events, like fluctuation in interest rates, demand, and supply, among other external factors. Knowing what to do/think as a buyer or seller is complex, with so much information. If you are in a position to buy or sell, you need answers fast. Let's talk about your...

Over the past few weeks, the real estate market has been undergoing changes due to recent events, like fluctuation in interest rates, demand, and supply, among other external factors. Knowing what to do/think as a buyer or seller is complex, with so much information. If you are in a position to buy or sell, you need answers fast. Let's talk about your opportunities.   Year over year,...

Where would your next move be if you sold your home today? As I have mentioned in prior blog posts, now is the perfect time to get back into the market if you have put a pause on searching for a new home.   And today, I want to share with you some critical factors to consider if you are between building vs. buying your next home.   A home with history and character is hard to...

Does size really matter?   If you have found yourself wishing you had more space at home, then it’s a clear sign that size does matter!   There may be many reasons why one may want more space at home. Leading the board is wanting to have an office or gym at home. The pandemic brought many changes in our lifestyle, some of which are here to stay. Among them is that many now get...

Since the rise in interest rates, many homeowners worry about the negative effect it could have on their home value. No need to stress out! The rate of your property value increase can depend on many factors, including the community where your home is located, local demand for housing, and the economy as a whole. But you, as a homeowner, can also affect your home's value over time by making upgrades...

But what is changing? The speed at which homes are selling. In the first quarter of this year, we saw homes selling on average in 17 days. A strong seller's market is under 60 days, so 17 days was complete INSANITY!   This fast-paced market was caused mainly because of a very low inventory. We started 2022 with just over 1,400 homes for sale in San Diego County. To put this in perspective,...

If you are debating whether to purchase a home now or wait, maybe this information can be helpful to you.   The low-interest rates that we had during 2020 and 2021 were a strong effort from the government to keep the economy active. Low-interest rates incentivize spending because everything is easier to purchase; everything is cheaper, from credit cards, personal loans, mortgages, and auto...

As talk of a recession starts to linger, buying or selling a home can be quite scary! However, a recession does not mean you should begin to worry by any means. Let's take a look at the facts.   The graphic above proves home prices have appreciated in 4 of the last six recessions. In reality, home prices have only fallen twice, a minimal amount in the early '90s and almost by 20% in the...

The market in Del Mar is one of the most competitive in San Diego County. But why is it so attractive, and what should a buyer or even a seller look out for?   With a population of just over 4,000, Del Mar offers an "urban-suburban" mix feel with some fantastic characteristics. As a small coastal town, there is a wide variety of beach activities throughout the year. It is ranked #3 in...

With inflation on the rise, the impact on rents is immediate. We are already experiencing this, with the average apartment studio in San Diego renting for $2,417, up 23% from last year. On the other hand, buying a home is a hedge against inflation since your property will increase in value, but your monthly payment stays the same with a fixed-rate mortgage.   So if you are thinking of buying...