1934 Kensington Home for Sale – This Spanish Architecture Home has all the charm you would expect in this history rich part of San Diego County. This home has 4 bedrooms and 3 full bathrooms and is over 2,500 Square Feet. There is 1 bedroom and 1 full bathroom downstairs. This 1930’s Kensington home has a large family room that is open to the kitchen. Original wood floors add to the charm of this San Diego gem. If you would like to view this Kensington home make sure you contact us right away. Priced at $749,000.
If you need help buying or selling a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
You can follow Dawn Sells San Diego on Twitter. Our San Diego Real Estate Twitter has all of our blog posts tweeted as well as all information pertaining to the San Diego Real Estate Market, News and Trends. Twitter is a great way for us to stay in touch with home buyers and home sellers in San Diego County.
We also keep you updated on foreclosure and short sale properties that we are selling and up to date information on the latest foreclosure and short sale news. Twitter is an excellent micro-blog for getting San Diego Real Estate Tweets out fast to our followers. If you want to follow the best San Diego Real Estate on Twitter make sure you follow us.
If you need help buying or selling a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
Dawn Lewis stopped by the National Association of Realtors NAR Realtor Convention and Expo that’s being held at the San Diego Convention Center. Dawn took some video footage to upload to YouTube to share with other Realtors and everyone else interested in this great event for Real Estate Agents. Enjoy the videos of the NAR Convention and Expo 2009 event that San Diego is very proud and honored to be hosting. Stop by if you can and check it out.
If you need help buying or selling a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
I know it’s still 2009 November and it might be a little early for 2010 San Diego Real Estate Market predictions but I think I’ll give it a shot. 2010 in the San Diego Real Estate Market should show more foreclosures than we had in 2009. In 2009 many foreclosures were held off of the market due to the moratoriums. Now that many of the foreclosure moratoriums are lifted the banks are gearing up to get the REO’s off of their books. 2010 in San Diego and many parts of the country will be known as the year of the “Last of the Foreclosure Market”. There will be more foreclosures after 2010 into 2011, 2012 and 2013 but 2010 will be the last big year for foreclosures.
There will still be more short sales and some banks are moving faster on them. There’s lots of talk about the short sales being streamlined and moving through the system faster. In 2010 it might just be a lot of false hope in this area. I hope I’m wrong and we see the short sales as a whole (not just select banks) move through the system fast and to a sale but it might just be a lot of hype. Systems like REOTrans are setting up to do short sales but I’ll believe the push towards short sales over foreclosures by the banks when I see it.
For homebuyers in 2010 it should be a delight with more inventory coming into the San Diego Real Estate Market. In some price ranges like the lower end first time home buyer prices under $400,000 there still will be a fight with other buyers to get the homes. There are way too many buyers and investors in the under $400,000 range in many areas of San Diego County that will keep this price range in very short supply in 2010. The upper end in non-coastal areas will still slide a little lower in 2010. We’ll see how this worked out in 2011.
If you need help buying or selling a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
The San Diego Real Estate Market has seen better days. It’s not that there aren’t buyers seeking that perfect place to call home sweet home it’s the little inventory they have to choose from. Inventory is low especially in some areas of San Diego County in the first time homebuyer price ranges. So low that many VA and FHA buyers are taking their chances on short sales, which may or may not ever close escrow, and waiting it out.
I can’t tell you how many questions I answer on Trulia about buyers and short sales. Buyers are always asking, what takes so long, how come the banks won’t approve my offer, what’s going on, why did they take another offer, why did the bank foreclose on the home when I had an offer on it for 8 months, why is the seller declaring bankruptcy, and on and on. It’s like writing an offer on a home and putting it into a black hole and hoping something good comes out on the other end. It usually doesn’t.
Keep in mind if you’re a buyer who wrote an offer on a short sale you probably are in competition with 5 to 50 other buyers. Only 1 of those offers will get accepted and many times the home will go to foreclosure and no one gets it. It’s frustrating for everyone involved including all agents, the negotiators at the banks, sellers and all the other buyers trying to buy the home. Just think how the seller feels….. they are losing their home, their dreams, their investment, they and their family – kids, dogs, cats now need to find another place to live, most likely a rental or in with family, and their life is being turned upside down. Kind of puts things in a different perspective when you look at it from the side of the one who is losing the home.
San Diego Home Buyers using a VA or FHA Loan to buy a home or condo are often in third and fourth place when writing offers on foreclosed properties. They have that going for them too. The problem is with so many investors in the market buying foreclosures for cash or large sums of money down in conventional loans the VA and FHA loans aren’t usually the best way to go for an asset manager looking at offers on the REO asset they are managing. On cash offers they don’t have to worry about appraisal issues or finding out a buyer really doesn’t qualify for the loan to buy the foreclosure. It’s an unfortunate situation that people who want to buy the home to live in and be part of the community are being put in the back seat to investors looking to make a buck. But it is what it is and for now it’s bad news for some VA and FHA buyers. Hang in there. Times will change.
If you need help buying or selling a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
This year Art Walk on the Bay located in the Seaport Village area of Downtown San Diego was an incredible art event that all will remember. It was held on September 12 and 13 2009 at the Embarcadero Marina Park right next to Seaport Village. The event had many local artists featuring their paintings, photography, sculptures, glasswork, jewelry and many other arts and crafts. Local photographer Dennis Harris was on hand featuring some of his incredible photography.
Dennis Harris – Photographer
Some video of the 2009 ArtWalk event
If you need help buying or selling a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
Carmel Valley Market Report – August 2009 – Carmel Valley like the rest of San Diego is still valuing down and has had a median home price decline 17% from last year. Carmel Valley had 41 home sales and 23 condo sales in June of 2009. These numbers were the latest full numbers in when this report was completed. The median home price for June is $897,000 and the median condo price is $411,000 which was a condo value decrease of 9% from last June. If you’re buying or selling in Carmel Valley call me, Dawn Lewis.
San Diego Real Estate Market Conditions – The San Diego MLS is filled with short sales and foreclosures and out of the two the short sales stay on the market a very long time making it look like the San Diego Market is saturated with homes for sale but the reality is there is very little to actually write offers on. The conventional listings as well as REO’s sell fast when in good condition and priced correctly. Multiple offers on many of the lower end price ranges of San Diego homes and condos.
Buyers are actually getting discouraged with the lack of inventory in the San Diego Market. I have personally seen over 50 offers on a single property for sale that was priced correctly. This is not uncommon. Also keep in mind if you’re a buyer that 49 out of the 50 offers won’t get accepted. This is causing many buyers to be disillusioned by the market and home buying and has them second guessing any agent that they hire. The upper end still has room to drop and should be looked at with caution. Use a good Realtor like me to help you with all of your Real Estate needs in San Diego.
June 2009 Sales and Median Prices
Central San Diego Existing Home Sales – 565 Median Price $365,000 Down in value -10% from last year. Existing Condo Sales – 475 Median Condo Price $263,000 Down in value -10% from last year.
East County Existing Home Sales – 340 Median Price $295,000 Down in value -15% from last year. Existing Condo Sales – 139 Median Condo Price $131,000 Down in value -22% from last year.
North County Inland Existing Home Sales – 629 Median Price $364,000 Down in value -13% from last year. Existing Condo Sales – 189 Median Condo Price $216,000 Down in value -15% from last year.
North County Coastal Existing Home Sales – 386 Median Price $455,000 Down in value -17% from last year. Existing Condo Sales – 128 Median Condo Price $323,000 Down in value -23% from last year.
South County Existing Home Sales – 376 Median Price $320,000 Down in value -15% from last year. Existing Condo Sales – 169 Median Condo Price $151,000 Down in value -28% from last year.
When you need help with San Diego Real Estate please call me and my team. I have over 20 years experience as a licensed agent in San Diego and have sold well over 2,500 homes. Put my experience to work for you.
If you need help buying or selling a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
Rancho Penasquitos Market Report Summer 2009 – Rancho Penasquitos like the rest of San Diego is still valuing down and has had a median home price decline 11% from last year. Ranch Penasquitos had 40 home sales and 24 condo sales in June of 2009. These numbers were the latest full numbers in when this report was completed. The median home price for June is $533,000 and the median condo price is $208,000 which was a condo value decrease of 27% from last June. If you’re buying or selling in Rancho Penasquitos call me, Dawn Lewis.
San Diego Real Estate Market Conditions – The San Diego MLS is filled with short sales and foreclosures and out of the two the short sales stay on the market a very long time making it look like the San Diego Market is saturated with homes for sale but the reality is there is very little to actually write offers on. The conventional listings as well as REO’s sell fast when in good condition and priced correctly. Multiple offers on many of the lower end price ranges of San Diego homes and condos.
Buyers are actually getting discouraged with the lack of inventory in the San Diego Market. I have personally seen over 50 offers on a single property for sale that was priced correctly. This is not uncommon. Also keep in mind if you’re a buyer that 49 out of the 50 offers won’t get accepted. This is causing many buyers to be disillusioned by the market and home buying and has them second guessing any agent that they hire. The upper end still has room to drop and should be looked at with caution. Use a good Realtor like me to help you with all of your Real Estate needs in San Diego.
June 2009 Sales and Median Prices
Central San Diego Existing Home Sales – 565 Median Price $365,000 Down in value -10% from last year. Existing Condo Sales – 475 Median Condo Price $263,000 Down in value -10% from last year.
East County Existing Home Sales – 340 Median Price $295,000 Down in value -15% from last year. Existing Condo Sales – 139 Median Condo Price $131,000 Down in value -22% from last year.
North County Inland Existing Home Sales – 629 Median Price $364,000 Down in value -13% from last year. Existing Condo Sales – 189 Median Condo Price $216,000 Down in value -15% from last year.
North County Coastal Existing Home Sales – 386 Median Price $455,000 Down in value -17% from last year. Existing Condo Sales – 128 Median Condo Price $323,000 Down in value -23% from last year.
South County Existing Home Sales – 376 Median Price $320,000 Down in value -15% from last year. Existing Condo Sales – 169 Median Condo Price $151,000 Down in value -28% from last year.
When you need help with San Diego Real Estate please call me and my team. I have over 20 years experience as a licensed agent in San Diego and have sold well over 2,500 homes. Put my experience to work for you.
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If you need help buying or selling a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
I decided to take a weekend getaway and wanted to find a nice quiet place close to San Diego. I had originally thought Palomar Mountain would be nice but they only had one place that rented cabins and they would only rent for two nights and not one. That wouldn’t work for me. I then thought what about Idyllwild. I had never been to Idyllwild but had been to Big Bear and Lake Arrowhead many times in the past. I went on-line and did some research on Idyllwild.
It was close to San Diego and a nice, easy drive up the 15 through Temecula then up into the San Jacinto Mountains. I researched several cabin, lodge and bed and breakfast places and chose one that I was very happy with. They had small cabins by Strawberry Creek and the property was very nice. So I made reservations and also dinner reservations and away we went. The drive up was about 2.5 hours partially in rush hour but was just long enough to have some nice conversation and catch up. We arrived at the cabins and checked in and had just enough time to clean up and change for dinner.
We drove into the town of Idyllwild and had some dinner and listened to some live jazz. It was a great dinner and a nice evening. The next morning squirrels were all over our back deck looking for food. From the looks of the many discarded peanut shells they were well fed from previous weekenders. I went and got some sunflower seeds from my truck and they ate like kings for an hour. We enjoyed the day in town by eating breakfast at the Red Kettle and shopping and art browsing and then drove home to San Diego which took about 2 hours.
I would recommend a getaway to Idyllwild. It is close to San Diego and is a nice California Mountain Town.
If you need help buying a home or condo in the San Diego area make sure you contact us we’re your San Diego Realtor.
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