Recently, I’ve talked with a number of prospective buyers who are hesitant to purchase real estate. Often times they'll say prices are too high or the market is due for some sort of correction -- or even crash. While these are legitimate concerns that should not be completely dismissed, the real estate market (like the [...]
Please raise your hand if you hate commuting. Now… keep your hand up if you feel that life would be significantly better with an extra hour per day to do the things you actually enjoy. Wow, that’s a lot of hands (yes, I can see you through your webcam!). My point here is that it [...]
Whether you are the listing agent for a property or you have decided to take on the daunting task of selling your own home, an open house is an extremely important tool for drawing the interest of qualified buyers. Even in high-demand markets like San Diego and Orange County, simply setting a date and opening [...]
Making the move from renting to buying can be unnerving. Potential buyers must begin by asking themselves if it is a good financial move. At first look, it often appears as though renting is a much cheaper option than buying. However, when you take into account the various tax benefits offered by homeownership, this is [...]
Define Multifamily Ownership. As I mentioned in last week’s Client Focus article, there are many benefits to multifamily ownership in residential real estate. To kick off this conversation, I would like to first explain what exactly constitutes multifamily real estate . Basically, any piece of land or parcel that has more than one legal dwelling unit is [...]
Median Sales Price Median prices again increased for both detached and attached residences in San Diego County throughout the second quarter of 2016. At quarter end, detached homes were priced 4.2% higher and attached homes were priced 8% higher than last June. Since the end of March 2016, detached homes median sales price increased 3% [...]
The phrase “Keep your hands to yourself” might easily pass as a parental guidance. What most people fail to know is that it has far-reaching implications from a legal perspective. At times, a person might do something that adversely impacts others. If such a person creates a dangerous condition near a public space, may the [...]
It’s no surprise that outdoor living spaces are becoming a more prominently featured area of the house. Especially for those living in a location with good weather year-round, like sunny San Diego, it’s a good idea to invest into the outdoors. A fully-customized living space in your backyard creates an extension of the inside, therefore [...]
Median prices increased for both detached and attached residences in San Diego County throughout the first quarter of 2016. At quarter end, detached homes were priced 7% higher and attached homes were priced 4% higher than the previous March. Collectively, both property types increased approximately 3% since the beginning of 2016, and look to continue [...]
Ever heard the phrase Locals Only? Urban dictionary has a pretty awesome take on the phrase (click here). However, I am here to tell you that you MUST keep the Locals Only mantra in mind when digesting real estate news and statistics. National real estate statistics typically dominate headlines for major media outlets and this information is [...]