These values come from the 2015 Cost vs. Value Report published by Remodeling magazine and show statistics for the Pacific states.
Continue reading Home Improvements That Pay OffCategory Archives: Homeownership
Real Estate’s Still Hot in California
It’s been hot, hot, hot in California! And it’s not just the weather. Our real estate markets have been hot too. California had over half of the twenty hottest U.S. markets according to the National Association of Realtors®.
San Diego is right in there, placing seventh on the list. If you look at October’s list, you’ll see we’ve moved up to sixth place.
Why Homeowners Aren’t Selling
Every month I tell you inventory is still low. This is not only the case for San Diego County and North County, but also for most of California. What’s keeping people from selling their homes? The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) recently surveyed Californians and found some interesting answers why homeowners aren’t selling.
San Diego County Housing Market Report August 2015
This month’s San Diego County Housing Market Report shows continued price gains and tight inventory in the North County and San Diego County real estate markets.
Those continued price gains and our shortage of homes for sale are making news. Zillow ranked San Diego as one of three markets with the biggest decrease in supply of for-sale homes in July, and our markets are making realtor.com’s “hot” lists nationwide.
Take a look at the North County and San Diego County summaries below, or click on the links for a detailed view of July’s statistics.
Continue reading San Diego County Housing Market Report August 2015Hot, Hot, Hot!
The North County and San Diego real estate markets are still hot, hot, hot! Even though we are no longer experiencing the extraordinary, twenty to twenty-five percent annual price increases we saw in 2012 and 2013, our market is still sizzling, and everyone is talking about it.
San Diego is Hot
After hitting twelfth place in June, San Diego moved up to number eight in realtor.com®’s July 2015 list of the 20 hottest markets in the country. In these medium to large-sized housing markets, listings on realtor.com® are viewed as much as three times more often than they are compared to the national average. In addition to viewings, they rate the hotness of these markets by how fast listings in these cities are selling. The median market time in San Diego County in July was just 17 days.
Continue reading Hot, Hot, Hot!Prices on the Uptick
San Diego County Housing Market Report July 2015
Low interest rates and a lack of inventory are helping to promote continued appreciation as shown in July’s San Diego County housing market report. The number of detached homes that sold in June also increased, while the median number of days those homes were on the market did not change significantly.
Those record low interest rates have started moving upward, and are probably going to be increasing more in the near future. While most economists don’t expect the Federal Reserve’s Open Market Committee to make changes to the Federal Funds Rate when they meet later this month, they do predict the Fed will start raising rates as soon as September. This will make housing less affordable for home buyers in San Diego County. If you’ve been thinking of buying, you might want to move quickly to lock in today’s low rates.
Take a look at the North County and San Diego County summaries below, or click on the links for a detailed view of June’s statistics.
Continue reading San Diego County Housing Market Report July 2015Think Your AC Won’t Make it Through the Summer? Here are Some Fixes
By: Douglas Trattner
Is your AC making ominous noises? Maybe it sounds fine but isn’t cooling. Here’s a list of common air conditioning warning signs and their likely causes and fixes.
“Let comfort be your guide,” says Tom Hutchinson of Hutchinson Plumbing Heating Cooling. Air conditioning is all about comfort, so the simplest way to evaluate your system is to ask: Am I comfortable?
Air conditioning and HVAC units don’t last forever — 12 years is an average lifespan — and the moment they fail is usually when you need them the most.
Continue reading Think Your AC Won’t Make it Through the Summer? Here are Some FixesSan Diego County Housing Market Report June 2015
June’s San Diego County housing market report indicates continued price increases countywide at a sustainable rate. North County’s month-over prices showed no increase when detached and attached numbers were combined, but when looked at separately, each category did show month to month median price increases. The annual price increase for detached homes in North County was almost 9 percent.
We saw an increase in the number of homes going under contract in May along with a decrease in new listings coming on the market. This will not help alleviate the already tight supply our market is experiencing.
Take a look at the North County and San Diego County summaries below, or click on the links for a detailed look at May’s statistics.
Continue reading San Diego County Housing Market Report June 20156 Myths About Credit Scores
