long-term rental, Rental Properties, short-term rental

Renters for a Weekend or a While: What’s the Best Investment Strategy?

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investment strategy long-term vs. short-term rental

The residential rental market is now the fastest-growing segment of the housing market. In the United States, the demand for single-family rentals, defined as either detached homes or townhouses, has risen 30 percent in the past three years.

At the same time, the short-term, or vacation, rental market is also booming. The popularity of online marketplaces like Airbnb, HomeAway, and VRBO has helped the short-term rental market become one of the hottest areas in the travel industry.

Now, more than ever, there is an abundance of opportunity for real estate investors. But which path is best: leasing your property to a long-term tenant, or renting your property to travelers on a short-term basis?

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Interest Rates, North County Real Estate, San Diego Real Estate

August 2018 North County and San Diego Real Estate Market Report

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AUGUST 2018 NORTH COUNTY AND SAN DIEGO REAL ESTATE MARKET REPORT

The August 2018 North County and San Diego Real Estate Market Report indicates a continuation of a market shift that started four months ago. Inventory is growing. Sales are slowing down, and homes are starting to stay on the market longer. CNBC reports that San Diego saw the largest increase in inventory in the second quarter compared to other high priced communities.

This is great news if you have been thinking of buying. The market is still tight and homes are still selling quickly, but you will have more choices. It’s cautionary news if you are planning on selling. Even though inventory is growing, it is still well below norms. But now home sellers have more competition and should price their homes to be the best option in their marketplace.

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Home Buyers, Home Inspections, Tips and Ideas

Avoid These Top 8 Home Inspection Errors

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Home Inspection Errors

It’s easy to get swept up in the excitement of buying a home. Once you’ve had an offer accepted on your dream house, you’ll probably be anxious to move in. However, before you make a significant financial commitment, it’s best to know exactly what you’re buying.

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Events, Fun, North San Diego County Events, San Diego County Events

North County and San Diego Events August 2018

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North County and San Diego Events August 2018

North County and San Diego Events August 2018

Del Mar Racing Season

Del Mar Racing Season
July 18 – September 3
Location: Del Mar, 2260 Jimmy Durante Blvd

San Diego horse racing takes place where the “turf meets the surf” at the Del Mar Racetrack. Fans flock to the track each summer to wager on their favorite horses during the popular, annual Del Mar Thoroughbred Club racing season, mid-July through early-September. Be part of the magic and nostalgia of this long-time horse race tradition dating back to 1937. That was when Bing Crosby greeted the first guests, and Seabiscuit won by a nose in the infamous race in 1938. This season features the nation’s top race horses, trainers and jockeys, and plenty of fun in the sun.

Concert Series

Don’t miss the Del Mar Summer Concert Series. Concerts are free with racetrack admission purchased prior to the last race.

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Home Buyers, Home Sellers, Homeownership, Storage, Tips and Ideas

7 Garage Storage Mistakes

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7 Garage Storage Mistakes

If you use your garage as storage space, you’re not alone. Unfortunately, because the space isn’t climate controlled, it’s best to keep these items elsewhere and avoid these storage mistakes according to Realtor.com:

1 Family Photos

Pollutants, moisture and heat can quickly destroy your photos. You should digitize all of yours. If that’s not an option for you, keep printed copies in a dry area inside your home.

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Interest Rates, North County Real Estate, San Diego Real Estate

July 2018 North County and San Diego Real Estate Market Report

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JULY 2018 NORTH COUNTY AND SAN DIEGO REAL ESTATE MARKET REPORT

The July 2018 North County and San Diego Real Estate Market Report shows inventory increasing for a third month in a row while sales continue to drop. Even with this slight growth in inventory, the market is still very competitive for home buyers. Prices continue to rise, and market times are short. Experts predict that demand will continue to outpace supply, and this will hurt San Diego County’s economic growth.

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Moving, Tips and Ideas

7 Steps to a Seamless Move

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7 Steps to a Seamless Move

Whatever your reasons are for relocating to a new area, the process can feel overwhelming. Whether you’re moving across town or across the country, you’ll be changing more than your address. Besides a new house, you may also be searching for new jobs, schools, doctors, restaurants, stores, service providers and more.

You’ll need to pack, make moving arrangements, and possibly sell your old home. With so much to do, you may be wondering: Where do I start?

In this guide, I outline 7 steps to a seamless move. These steps will help you get prepared, get organized, and get settled in your new community. My hope is to alleviate the hassle of relocating—so you can focus on the exciting adventure ahead!

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Events, Fun, North San Diego County Events, San Diego County Events

North County and San Diego Events July 2018

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North County and San Diego Events July 2018 Sunday Summer Concerts

Sunday Summer Concerts by the Sea
July 1, 15
3 – 5 PM
Location: Encinitas, Moonlight Beach, 400 B St

This summer, Encinitas Parks and Recreation brings more fun to our beach concert experience. Each concert date features cool, hands-on exhibits, demos, concerts and free stuff! All you need to do is show up, how cool is that? There are two concert dates in July and two in August. July 1 features Fan Halen. July 15 features Betamaxx.

Summer Concerts are held right on the sand at beautiful Moonlight Beach in Encinitas. Come enjoy fun at the beach. Remember that glass, alcohol, smoking and dogs are prohibited on our beaches.

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Interest Rates, North County Real Estate, San Diego Real Estate

June 2018 North County and San Diego Real Estate Market Report

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June 2018 North County and San Diego Real Estate Market Report

The June 2018 North County and San Diego Real Estate Market Report continues to show a slight turnaround in the years-long trend of tightening inventory. As I noted last month, the number of homes for sale in San Diego and North County has been shrinking since 2015. Last month, year-over inventory in both markets finally increased. This month, we saw it continue to grow in North County and level-off countywide. This will be something to watch as the year progresses.

Statewide, we also saw a rise in inventory, but not across the nation as a whole. Experts are predicting home prices will continue to grow at double the pace of wages.

We have not seen enough of a shift to make any kind of major change in our market, but the lack of inventory is what has kept pressure on housing prices. If inventory continues to rise, this will bring more choices for home buyers and weaken home appreciation. Rising interest rates will also put pressure on home values.

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Home Sellers, Home Staging, Interior Design, Resale Homes, Tips and Ideas

10 Staging Secrets for a Quick Sale

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10 Staging Secrets for a Quick Sale

According to the National Association of Realtors, staging a home prior to listing it can result in a faster and more profitable sale. In fact, the Real Estate Staging Association estimates that professionally staged properties spend 73 percent less time on the market, receive more foot traffic, and typically sell for more money.

Staging Secrets - Staged for Success
Source: National Association of Realtors®
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