Real Estate

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...

I wanted to personally introduce myself. I started my career in Real Estate in 2016, and was awarded the 40 Under 40 Award by the San Diego Association of Realtors in 2020 for my successful Real Estate career. I am also a business and life coach and am passionate about helping others achieve their dreams.   I studied Industrial Engineering and have a Masters in Business Administration. I...

Last week Zillow had to cut 25% of their personnel, leaving more than 6,400 unemployed, after their program where they were buying, renovating, and selling homes themselves, did not work. They were relying solely on their “Zestimates”, the property values determined by their algorithm. But, as I mentioned in other newsletters and blog posts before, this algorithm was erroneous. There’s a lot more...

The housing market is at a special time now, so your neighborhood choice should be just as special! Backed by a cliff with homes, Solana Beach offers ample room to look for the perfect home, plus sunbathing!   This exclusive neighborhood is not only one of the most expensive in California, but it consistently ranks among the most expensive in America. With 12,941 people, and 5,405 houses or...