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  • San Diego Real Estate and Market Trends Blog

    Tuesday, August 15, 2017   /   by Glen Henderson

    Rarely Available Point Lome Townhome for Sale

    Point Loma Homes for Sale
    Enjoy urban living in Point Loma just steps from the Bay. This amazing townhouse is a blend of luxury and style, located across the street from the San Diego Yacht Club on Anchorage Lane. Rarely available, this complex offers magnificent views of San Diego Bay from the 2nd & 3rd story balconies. This amazing home offers everything you could hope to find in Point Loma Real Estate.
    This corner unit townhome features a Bontempi Italian kitchen with Viking appliances, two bedrooms & one bath on 1st floor. Entire Master Suite on the 3rd floor. Private 2-car garage plus one space in gated garage. Walking distance to restaurants, retail, & post office.

    Beautiful views of Downtown and San Diego Bay from the second and third-floor balconies. Patio doors are trifold and open up for maximum balcony enjoyment. The private two-car garage is located in the underground parking area and has direct access to the unit. Included is a private third parking space ...

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      real estate, selling, homes for sale, point loma, san diego

    Thursday, August 03, 2017   /   by Glen Henderson

    Transfer Property Tax When Selling for Seniors 55 and older under Prop 60 and Prop 90

    How to Transfer Your Lower Property Tax When Selling for Seniors 55 and older under Prop 60 and Prop 90
    Did you know that if you are 55 and over, under certain conditions of Propositions 60 and 90, you may be able to transfer your existing primary residence’s factored base year value to a replacement home that is of lesser or equal value than your existing home? Basically, the current house that you are selling should be of equal or greater value than the new house that you are buying. Prop 60 and 90 provide property tax savings to California seniors who are 55 and older who are considering to move, downsize, sell their home and buy a new home while keeping their lower property tax base. There are 11 counties in California including San Diego County who currently participate and provide these property tax savings to seniors. Read more information on Prop 60/90 on section 69.5 of the Revenue and Taxation Code.
    Seniors may transfer their property Tax ...

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      real estate, home sale, proposition 60, proposition 90, selling, senior, tax benefit, transfer taxes

    Wednesday, December 07, 2016   /   by Glen Henderson

    San Diego Real Estate Market Forecast for 2017

    The San Diego real estate market has experienced steady appreciation over the last year, with home prices rising 4% – 6% (depending on the source). While home values are expected to continue rising in 2017, they might do so at a slower pace. This outlook is based on several San Diego real estate market forecasts for 2017.

    San Diego Real Estate Market Forecast for 2017
    According to the real estate information company Zillow, home prices in San Diego, California rose by approximately 4% between November 2015 and November 2016. That’s slightly below the national average for the same 12-month period.

    Looking forward, the forecast for San Diego’s real estate market in 2017 suggests an even slower rate of appreciation. Zillow has predicted a home-price increase of only 1.7% for the 12-month period ending in November 2017.

    A lack of affordable housing and slower population growth are two factors that could lead to smaller gains in 2017.

    Demand Is Strongest ...

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      real estate

    Wednesday, December 07, 2016   /   by Glen Henderson

    San Diego Median Home Prices Surpass $500,000

    The median home price in October exceeded a half-million dollars for the first time in a decade in San Diego County, real estate tracker CoreLogic reported in November.

    Pushed up by high demand and limited supply, the median price hit $507,500, up 11 percent from a year ago. It has still not reached the housing boom peak of $517,500 in November 2005. 

    Part of last month’s price jump was due to a substantial increase in the price of newly built homes and resale condos.

    The median price of a new home in the county was $765,000, a jump of 26 percent from the same time last year. There were 256 new home sales in October, up 20 percent from the same time last year.

    But resale homes, which made up 63 percent of October sales, also powered prices up. The median price for a resale house was $549,000, up 9.1 percent, its biggest year-over-year increase in 2016. Sales came in at 2,259, up 5.5 percent from a year ago.

    View Your Homes Current Value HERE ...

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      real estate

    Monday, November 14, 2016   /   by Glen Henderson

    Why Waiting Until After the Holidays to Sell Isn’t a Smart Decision

    Every year at this time, many homeowners decide to wait until after the holidays to put their homes on the market for the first time, while others who already have their homes on the market decide to take them off until after the holidays. Here are six great reasons not to wait:

    Relocation buyers are out there. Companies are not concerned with holiday time and if the buyers have kids, they want them to get into school after the holidays. 
    Purchasers that are looking for a home during the holidays are serious buyers and are ready to buy.
    You can restrict the showings on your home to the times you want it shown.
    You will remain in control. Homes show better when decorated for the holidays. 
    There is less competition for you as a seller right now. Let’s take a look at listing inventory as compared to the same time last year:
    The supply of listings increases substantially after the holidays. Also, in many parts of the country, new construction will continue t ...

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      real estate