November and December are great times for planting and pruning in the garden. Until the rains start it’s important to continue to water, especially when we are having dry Santa Ana winds. Here are some November and December gardening tips to get your yard ready for the new year.
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“2020 will be known for a lot of things, and a record-breaking year for real estate will certainly be one of its more unexpected legacies,” prominent economist Daryl Fairweather said. And he’s right. Most of us would have expected the housing market to suffer from circumstances like a global pandemic and historic inventory shortages. Instead, we’re experiencing a strong seller’s market.
Continue reading A Strong Seller’s Market: The New Normal?
The October North County and San Diego real estate markets both saw 15 percent, year-over price increases. Paired with strong price growth were steep decreases in available inventory and days on market compared to the previous year.
Historically low interest rates paired with very little inventory and pent-up demand are forcing prices up quickly. If we see more inventory coming on the market or an increase in interest rates, those price increases should slow down.
The California Association of Realtors 2021 Housing Market Forecast projects that interest rates will stay just above three percent next year. But inventory may start to increase with the recent passing of Proposition 19.
Proposition 19 will allow homeowners who are over 55, severely disabled or those whose homes were destroyed by wildfire or disaster to transfer the tax base value of their primary residence to a replacement residence of any value, anywhere in the state. This may help motivate some homeowners to make a move.
Both North County and San Diego County as a whole saw strong, year-over, median price gains of over 15 percent. Inventory dropped compared to last year by approximately 48 percent. Year-over market times were significantly shorter. North County saw increases in new listings, pending sales and closed sales while San Diego County as a whole had more pending sales but fewer new listings and closed sales.
See below for this month’s statistics and daily interest rate updates.
Continue reading October 2020 North County and San Diego Real Estate Markets
For years now, virtual home tours have helped real estate buyers far and wide find the perfect home. They help military personnel being relocated, investors expanding their portfolio, and homeowners looking for a vacation getaway. Virtual tours make finding a house that’s out of driving distance much easier. And for real estate agents, virtual tours have been a useful way to help buyers with their home search. They also allow us to assist sellers in creatively marketing their homes.
Continue reading 5 Secrets Buyers and Sellers Must Know About Virtual Home Tours
As long as the weather stays cool, October’s a great time for planting everything other than tropical and semi-tropical plants. Planting in fall allows strong root systems to develop so what you put in the ground now can produce spring flowers and survive next summer’s heat.
This is also a good time to divide many perennials. Take a look at October 2019 gardening tips for more information.
Here are some October gardening tips to keep your yard looking beautiful year-round.
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North County and San Diego events for October have transformed to help keep everyone save during the pandemic. Some have gone virtual or have moved outdoors, while others have been canceled or delayed.
Here are some fun North County and San Diego events in October for you, your family and friends. Enjoy, but please stay safe!
Continue reading North County and San Diego Events October 2020
September North County and San Diego real estate markets are still strong. If you’re thinking of selling, the time is right. If you’re looking to buy, it is the best of times, and it is the worst of times. Buyers can take advantage of historically low interest rates, but are being thwarted by the lack of inventory.
Is the market likely to change soon? Experts predict the real estate market will remain strong throughout 2020, but some think we may see a slowdown in 2021. Mortgage lenders expect home loan rates to remain low, perhaps through 2021. But they do caution that with a COVID vaccine or possible inflation, we will see interest rates rise.
Both North County and San Diego County as a whole saw strong, year-over, median price gains of 12.6 and 11.9 percent respectively. Inventory dropped compared to last year by approximately 50 percent. Year-over market times were significantly shorter, and while we saw a drop in new listings, pending sales increased by approximately 25 percent.
See below for this month’s statistics and daily interest rate updates.
Continue reading September 2020 North County and San Diego Real Estate Markets
The pandemic has changed the way many of us live, work, and attend school—and those changes have impacted our priorities when it comes to choosing a home. Some of us are considering a move-up or a second home.
Continue reading Move-Up Home vs. Second Home: Which One Is Right for You?
September is a great month to start seeds, do some cleanup work and get your garden ready for planting once the weather cools off. Here are some September gardening tips to help you get your yard ready for fall.
Continue reading September Gardening Tips 2020
As more people are transitioning to working from home in some capacity, the need for a well-designed home office is paramount. Having a space where you feel comfortable and motivated will lead to increased productivity and happiness. To create the perfect working space, consider the following home office tips.
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