Seven Oaks Market Update 2012 San Diego, California - 02/29/12 12:01 PM
Seven Oaks is an age-restricted neighborhood located in Rancho Bernardo, which is in the Northern metro area of San Diego, California. The age restriction is for residents who are at least 55 years of age, so one might call it a senior community. There are many activities, such as Ladies’ Bridge, RB Travelers, Hikes, a Garden club, and the Red Hatters club, which keep residents that live there quite busy; the community also has a clubhouse and a swimming pool. The area is well maintained and nicely located, as it is near the Von’s shopping center, even some streets within walking … (1 comments)
|
The Stickiness of Your Offer - 02/22/12 08:59 AM
The stickiness of an offer, in my opinion, is how close a purchase offer of a home is to the listing price. Usually, but not always, listing prices are determined by a comparables report, before they are placed on the market, but there are many factors that weigh in on what a property should be listed for, because every home is different in relation to the other homes that sold before it.
When homebuyers make purchase offers on the current homes available, only they can emotionally determine how much they want a property in relation to how high they make their … (2 comments)
|
Sorrento Valley Market Update February 2012 - 02/13/12 02:59 PM
Sorrento Valley has a very unique housing market, since it's host to many major businesses and has a limited amount of residential property in surrounding areas. There are currently 9 active listings in the 92121 zip code, also known as Sorrento Valley, UTC, or otherwise known as University Town Center, named after the mall in the area. Of those listings, 2 are distressed sales. The listing with the highest days on the market belongs to a detached home in the Shaw Lopez development which was designed by a nationally recognized architect. The prices for those homes are at 3.3 million which brings up the sales averages for the general area. Just for comparison … (0 comments)
|
Carmel Mountain Ranch Market Update February 2012 - 02/12/12 11:55 AM
There are currently 21 active listings in Carmel Mountain Ranch, 6 of those are distressed sales. The listing with the highest days on the market belongs to a townhome in the Collage area that has been on the market for 253 days so far and is priced at $285,000. It's difficult to say why it hasn't sold yet, but when buyers have other choices in that price range, even with 2 bedrooms, some might choose to go detached instead.
Just for comparison sake, the average home in this neighborhood when blending detached and attached homes, the average price per square foot is … (0 comments)
|
Why the Rhino says, 2012 is the year to move in San Diego - 02/08/12 03:26 PM
Those of you who remember the last 5 years, should recall that back in the fall of 2006, mortgage lenders stopped granting subprime mortgages, so most of the lending that followed had very conservative lending standards. Fast forward through the next 5 years where many loans have adjusted and that brings us up to last year, 2011 which took us into a sea full of distressed property; the loans that had adjusted to higher rates and forced borrowers to default were getting behind us. Not that all the distressed property would disappear, but there is a lot less of it … (0 comments)
|
|
;)
;)
;)
