Here are the real estate statistics for Jamul for the month of August. I have included the numbers for the active, pending and sold single family homes.
There are currently 31 active listings on the market. Ranging from $219,900 for 3 bedrooms, 3 bathrooms, 1717 square feet to $1,199,000 for 5 bedrooms, 5 bathrooms, 4434 square feet.
23 properties are pending (currently in escrow).
8 properties sold (closed escrow) in August. Ranging from $195,000 for 2 bedrooms, 1 bathroom, 810 square feet to $650,000 for 4 bedrooms, 3 bathrooms, 2619 square feet. The average time on the market was 126 days.
Real Estate, Rancho San Diego, El Cajon, Jamul, Alpine, La Mesa, Spring Valley, home buying and selling, property search, market reports and information
Thursday, September 6, 2012
Monday, August 27, 2012
September Appreciation Drawing
Here is the form to enter my September Appreciation Drawing. As a real estate agent I really value the referrals you send me. Complete this form and return to me ASAP so you will be entered to win!!
Wednesday, August 15, 2012
"Underwater" Officially Becomes Word
'Underwater' Officially Becomes Word
Daily Real Estate News | Wednesday, August 15, 2012
The term “underwater” has commonly been used in the housing industry to describe troubled mortgages. Now, Merriam-Webster announced it’s recognizing the word by adding it to the dictionary.
So what’s the official meaning of the mortgage-related term?
According to the 2012 update of the Merriam-Webster’s Collegiate Dictionary, “underwater” in the real estate sense is defined as “having, relating to, or being a mortgage loan for which more is owed than the property securing the loan is worth.”
Other commonly used real estate-related words added to the 2012 dictionary include: “man cave” (“a room or space -- as in a basement -- designed according to the taste of the man of the house to be used as his personal area for hobbies and leisure activities”) and technology words like “cloud computing” ("the practice of storing regularly used computer data on multiple servers that can be accessed through the Internet") and “mash-up” ("something created by combining elements from two or more sources").
Source: Merriam-Webster
So what’s the official meaning of the mortgage-related term?
According to the 2012 update of the Merriam-Webster’s Collegiate Dictionary, “underwater” in the real estate sense is defined as “having, relating to, or being a mortgage loan for which more is owed than the property securing the loan is worth.”
Other commonly used real estate-related words added to the 2012 dictionary include: “man cave” (“a room or space -- as in a basement -- designed according to the taste of the man of the house to be used as his personal area for hobbies and leisure activities”) and technology words like “cloud computing” ("the practice of storing regularly used computer data on multiple servers that can be accessed through the Internet") and “mash-up” ("something created by combining elements from two or more sources").
Source: Merriam-Webster
Tuesday, August 14, 2012
Great Investment
I came across a new listing in the condo complex that I live in and thought, WOW! The unit has 2 bedrooms, 2 full bathrooms and has 1371 square feet. It is located on the third floor, providing lots of privacy and views of the golf course and mountains. The best part is that it is listed for $175,000. Let's take a look at the numbers and see why I said WOW.
$175,000 list price
- $6150 (3.5 down payment. Yes the complex is FHA approved.)
__________
168,850 Loan amount
$808.00 (monthly payment and interest based on 3.9% interest rate)
$182.00 (estimated monthly property tax)
$ 51.00 (estimated monthly insurance)
$250.00 (current monthly HOA fee)
$127.00 (monthly mortgage insurance required with less than 20% down payment)
$1418.00 (total monthly payment)
Units like this one are currently renting for $1450-$1600. WOW! Own a home for less than rent or buy an investment property for instant cash flow! (FHA loans are for owner occupied purchases. Loans for investors would require higher down payment and change the numbers.) Please pass this one along to anyone you know who is looking for an investment opportunity or anyone who is tired of paying their landlord's mortgage. There are other great deals out there. Give me a call!
$175,000 list price
- $6150 (3.5 down payment. Yes the complex is FHA approved.)
__________
168,850 Loan amount
$808.00 (monthly payment and interest based on 3.9% interest rate)
$182.00 (estimated monthly property tax)
$ 51.00 (estimated monthly insurance)
$250.00 (current monthly HOA fee)
$127.00 (monthly mortgage insurance required with less than 20% down payment)
$1418.00 (total monthly payment)
Units like this one are currently renting for $1450-$1600. WOW! Own a home for less than rent or buy an investment property for instant cash flow! (FHA loans are for owner occupied purchases. Loans for investors would require higher down payment and change the numbers.) Please pass this one along to anyone you know who is looking for an investment opportunity or anyone who is tired of paying their landlord's mortgage. There are other great deals out there. Give me a call!
Wednesday, August 8, 2012
El Cajon Real Estate Market July 2012
Here are the July real estate statistics for the 3 zip codes in El Cajon. I have included the numbers for active, pending, and sold single family detached homes.
92019
There are currently 62 active listings in El Cajon (92019). Ranging from $188,000 for 2 bedrooms, 1 bathrooms, 837 square feet to $1,899,000 for 4 bedrooms, 5 bathrooms, 4498 square feet.
56 properties are pending (currently in escrow).
24 properties sold (closed escrow) in July. Ranging from $200,000 for 3 bedrooms, 2 bathrooms, 1400 square feet to $625,000 for 5 bedrooms, 5 bathrooms, 3835 square feet. The average time on the market for the properties that sold was 70 days.
92020
There are currently 48 active listings in El Cajon (92020). Ranging from $159,000 for 2 bedrooms, 1 bathrooms, 754 square feet to $1,000,000 for 6 bedrooms, 3 bathrooms, 4038 square feet.
52 properties are pending (currently in escrow).
34 properties sold (closed escrow) in July. Ranging from $165,000 for 2 bedrooms, 1 bathrooms, 840 square feet to $620,000 for 3 bedrooms, 3 bathrooms, 2508 square feet. The average time on the market for the properties that sold was 46 days.
92021
There are currently 59 active listings in El Cajon (92021). Ranging from $214,500 for 3 bedrooms, 2 bathrooms, 1384 square feet to $3,900,000 for 4 bedrooms, 6 bathrooms, 7745 square feet.
71 properties are pending (currently in escrow).
43 properties sold (closed escrow) in July. Ranging from $119,900 for 1 bedrooms, 1 bathrooms, 546 square feet to $530,000 for 4 bedrooms, 3 bathrooms, 3274 square feet. The average time on the market for the properties that sold was 73 days.
92019
There are currently 62 active listings in El Cajon (92019). Ranging from $188,000 for 2 bedrooms, 1 bathrooms, 837 square feet to $1,899,000 for 4 bedrooms, 5 bathrooms, 4498 square feet.
56 properties are pending (currently in escrow).
24 properties sold (closed escrow) in July. Ranging from $200,000 for 3 bedrooms, 2 bathrooms, 1400 square feet to $625,000 for 5 bedrooms, 5 bathrooms, 3835 square feet. The average time on the market for the properties that sold was 70 days.
92020
There are currently 48 active listings in El Cajon (92020). Ranging from $159,000 for 2 bedrooms, 1 bathrooms, 754 square feet to $1,000,000 for 6 bedrooms, 3 bathrooms, 4038 square feet.
52 properties are pending (currently in escrow).
34 properties sold (closed escrow) in July. Ranging from $165,000 for 2 bedrooms, 1 bathrooms, 840 square feet to $620,000 for 3 bedrooms, 3 bathrooms, 2508 square feet. The average time on the market for the properties that sold was 46 days.
92021
There are currently 59 active listings in El Cajon (92021). Ranging from $214,500 for 3 bedrooms, 2 bathrooms, 1384 square feet to $3,900,000 for 4 bedrooms, 6 bathrooms, 7745 square feet.
71 properties are pending (currently in escrow).
43 properties sold (closed escrow) in July. Ranging from $119,900 for 1 bedrooms, 1 bathrooms, 546 square feet to $530,000 for 4 bedrooms, 3 bathrooms, 3274 square feet. The average time on the market for the properties that sold was 73 days.
Alpine Real Estate Market Report July 2012
Here are the July real estate statistics for Alpine. I have included the numbers for active, pending, and sold single family detached homes.
There are currently 55 active listings in Alpine. Ranging from $294,900 for 4 bedrooms, 2 bathrooms, 2300 square feet to $2,595,000 for 6 bedrooms, 7 bathrooms, 6444 square feet.
38 properties are pending (currently in escrow).
14 properties sold (closed escrow) in July. Ranging from $230,000 for 3 bedrooms, 2 bathrooms, 1450 square feet to $695,000 for 4 bedrooms, 4 bathrooms, 3818 square feet. The average tme on the market for the properties that sold was 68 days.
There are currently 55 active listings in Alpine. Ranging from $294,900 for 4 bedrooms, 2 bathrooms, 2300 square feet to $2,595,000 for 6 bedrooms, 7 bathrooms, 6444 square feet.
38 properties are pending (currently in escrow).
14 properties sold (closed escrow) in July. Ranging from $230,000 for 3 bedrooms, 2 bathrooms, 1450 square feet to $695,000 for 4 bedrooms, 4 bathrooms, 3818 square feet. The average tme on the market for the properties that sold was 68 days.
Jamul Real Estate Report July 2012
Here are the July real estate statistics for Jamul. I have included the numbers for active, pending, and sold single family detached homes.
There are currently 33 active listings in Jamul. Ranging from $175,000 for 2 bedrooms, 2 bathrooms, 1144 square feet to $1,250,000 for 6 bedrooms, 5 bathrooms, 6264 square feet.
18 properties are pending (currently in escrow).
7 properties sold (closed escrow) in July. Ranging from $152,000 for 3 bedrooms, 2 bathrooms, 1975 square feet to $655,000 for 4 bedrooms, 4 bathrooms, 4193 square feet. The average tme on the market for the properties that sold was 58 days.
There are currently 33 active listings in Jamul. Ranging from $175,000 for 2 bedrooms, 2 bathrooms, 1144 square feet to $1,250,000 for 6 bedrooms, 5 bathrooms, 6264 square feet.
18 properties are pending (currently in escrow).
7 properties sold (closed escrow) in July. Ranging from $152,000 for 3 bedrooms, 2 bathrooms, 1975 square feet to $655,000 for 4 bedrooms, 4 bathrooms, 4193 square feet. The average tme on the market for the properties that sold was 58 days.
Friday, July 13, 2012
Realtor's Thank You Drawing - August 2012
I have the best clients in San Diego County! I am dependent upon referrals from people like you to keep my real estate business growing. I appreciate you and would like to show my appreciation with a gas or Starbucks card. Please return this flyer to me for your chance to win.
Good Luck and Thank You!!!
Good Luck and Thank You!!!
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Tuesday, July 3, 2012
San Diego 2012 Fireworks
Here is some information on the 4th of July Fireworks. Please feel free to add to the list!
Big Bay Boom - July 4th 9:00 PM multiple locations in San Diego Bay and Imperial Beach Pier Google map Pick your favorite spot near Seaport Village, Coronado Ferry Landing, Spanish Landing, Embarcadero Marina Parks North and South, Cesar Chavez Park, Coronado Tidelands Park, Imperial Beach Pier, Shelter Island and Harbor Island. This year, fireworks will also be discharged at the Imperial Beach Pier. Check out the link below for parking and shuttle information. Big Bay Fireworks
Seaworld San Diego - July 4th around 9:30 pm. Park opens at 9 AM and closes at 11 PM for the weekend. 500 Sea World Drive, San Diego Cal. Phone number: (619) 222-6363. View for free from Mission Bay Park, or spend the day at Sea World and enjoy the shows and rides before the fireworks.
El Cajon - Kennedy Park, 1675 E Madison Ave., El Cajon Google map, fireworks at 9:00 PM tentative. For more information see El Cajon 4th July Celebration
Santee - Town Center Community Park East, 550 Park Center Drive, Santee, California 92071 Google map fireworks at 9:00 PM For more details on this event Santee July 4th Events
Camp Pendleton Beach Bash - July 4th 9:00 PM, Del Mar Beach at Camp Pendleton Google map
Annual beach bash celebration and fireworks for military Marine Corps families. For more information see Camp Pendleton Beach Bash
Del Mar Fairgrounds - July 4th 9:30 PM Google map This is the last day of the San Diego county fair. For information visit San Diego County Fair.
La Jolla Bay Google map, July 4th 2012 9:00 PM (tentative)
La Jolla Shores, Kellogg Park, Ellen Browning Scripps Park and La Jolla Cove, along the La Jolla Coast Walk. For event details see La Jolla San Diego Fireworks 2012 Fourth of July
Coronado - July 4th at 9:00 PM, over Glorietta Bay Google map
For more information see Coronado 4th of July Celebration
Mira Mesa Community Park - Google map July 4th 2012 9:00 PM For event details see Mira Mesa Fourth of July
Mission Bay Yacht Club - 1251 Carmel Place - July 4 2012 parade and fireworks at 9:00 PM Tentative. Enjoy the boat parade and fireworks show near the Mission Bay Yacht Club. For more information see Mission Bay Yacht Club
Ocean Beach Pier Google map, July 4th 2012 9:00 PM
National City- Kimball Park Google map July 4th fireworks at 9:00 PM
Annual carnival and fireworks show at Kimball Park. For more information see National City Fireworks
Poway High School Google map, July 4 2012 fireworks at 9:00. For more information see Poway 4th of July Celebration and Poway 4th of July Fireworks
Ramona - Olive Pierce Middle School, 1521 Hanson Lane, Ramona Cal 92065 Google map, fireworks at 9:00 PM For more information see Ramona 4th of July
Big Bay Boom - July 4th 9:00 PM multiple locations in San Diego Bay and Imperial Beach Pier Google map Pick your favorite spot near Seaport Village, Coronado Ferry Landing, Spanish Landing, Embarcadero Marina Parks North and South, Cesar Chavez Park, Coronado Tidelands Park, Imperial Beach Pier, Shelter Island and Harbor Island. This year, fireworks will also be discharged at the Imperial Beach Pier. Check out the link below for parking and shuttle information. Big Bay Fireworks
Seaworld San Diego - July 4th around 9:30 pm. Park opens at 9 AM and closes at 11 PM for the weekend. 500 Sea World Drive, San Diego Cal. Phone number: (619) 222-6363. View for free from Mission Bay Park, or spend the day at Sea World and enjoy the shows and rides before the fireworks.
El Cajon - Kennedy Park, 1675 E Madison Ave., El Cajon Google map, fireworks at 9:00 PM tentative. For more information see El Cajon 4th July Celebration
Santee - Town Center Community Park East, 550 Park Center Drive, Santee, California 92071 Google map fireworks at 9:00 PM For more details on this event Santee July 4th Events
Camp Pendleton Beach Bash - July 4th 9:00 PM, Del Mar Beach at Camp Pendleton Google map
Annual beach bash celebration and fireworks for military Marine Corps families. For more information see Camp Pendleton Beach Bash
Del Mar Fairgrounds - July 4th 9:30 PM Google map This is the last day of the San Diego county fair. For information visit San Diego County Fair.
La Jolla Bay Google map, July 4th 2012 9:00 PM (tentative)
La Jolla Shores, Kellogg Park, Ellen Browning Scripps Park and La Jolla Cove, along the La Jolla Coast Walk. For event details see La Jolla San Diego Fireworks 2012 Fourth of July
Coronado - July 4th at 9:00 PM, over Glorietta Bay Google map
For more information see Coronado 4th of July Celebration
Mira Mesa Community Park - Google map July 4th 2012 9:00 PM For event details see Mira Mesa Fourth of July
Mission Bay Yacht Club - 1251 Carmel Place - July 4 2012 parade and fireworks at 9:00 PM Tentative. Enjoy the boat parade and fireworks show near the Mission Bay Yacht Club. For more information see Mission Bay Yacht Club
Ocean Beach Pier Google map, July 4th 2012 9:00 PM
National City- Kimball Park Google map July 4th fireworks at 9:00 PM
Annual carnival and fireworks show at Kimball Park. For more information see National City Fireworks
Poway High School Google map, July 4 2012 fireworks at 9:00. For more information see Poway 4th of July Celebration and Poway 4th of July Fireworks
Ramona - Olive Pierce Middle School, 1521 Hanson Lane, Ramona Cal 92065 Google map, fireworks at 9:00 PM For more information see Ramona 4th of July
Monday, July 2, 2012
El Cajon Real Estate Market Report - June 2012
It is time for the monthly real estate market report for El Cajon. Here you will find the number of active, pending and homes that sold in June 2012. I have included the statistics for single family detached homes in all 3 of the El Cajon zip codes. As you can see, inventory remains low!
92019
There are currently 56 Active real estate listings in El Cajon zip code 92019. Ranging from $240,000 for 2 bedroom, 2 bathroom, 987 square feet to $1,799,000 for 3 bedrooms, 4 bathrooms, 4702 square feet.
52 properties are pending, (in escrow).
27 properties sold (closed escrow) in June, ranging from $135,000 for 1 bedrooms, 1 bathrooms, 724 square feet to $650,000 for 4 bedrooms, 3 bathrooms, 2514 square feet. The average time on the market was 71 days.
92020
There are currently 49 Active real estate listings in El Cajon zip code 92020. Ranging from $205,000 for 2 bedroom, 1 bathroom, 1020 square feet to $1,100,000 for 6 bedrooms, 3 bathrooms, 4038 square feet.
59 properties are pending, (in escrow).
27 properties sold (closed escrow) in June, ranging from $165,000 for 1 bedrooms, 1 bathrooms, 754 square feet to $650,000 for 5 bedrooms, 4 bathrooms, 4213 square feet. The average time on the market was 94 days.
92021
There are currently 56 Active real estate listings in El Cajon zip code 92021. Ranging from $119,900 for 2 bedroom, 1 bathroom, 681 square feet to $3,900,000 for 4 bedrooms, 6 bathrooms, 7745 square feet.
74 properties are pending, (in escrow).
35 properties sold (closed escrow) in June, ranging from $152,000 for 2 bedrooms, 2 bathrooms, 900 square feet to $648,000 for 4 bedrooms, 4 bathrooms, 4073 square feet. The average time on the market was 82 days.
92019
There are currently 56 Active real estate listings in El Cajon zip code 92019. Ranging from $240,000 for 2 bedroom, 2 bathroom, 987 square feet to $1,799,000 for 3 bedrooms, 4 bathrooms, 4702 square feet.
52 properties are pending, (in escrow).
27 properties sold (closed escrow) in June, ranging from $135,000 for 1 bedrooms, 1 bathrooms, 724 square feet to $650,000 for 4 bedrooms, 3 bathrooms, 2514 square feet. The average time on the market was 71 days.
92020
There are currently 49 Active real estate listings in El Cajon zip code 92020. Ranging from $205,000 for 2 bedroom, 1 bathroom, 1020 square feet to $1,100,000 for 6 bedrooms, 3 bathrooms, 4038 square feet.
59 properties are pending, (in escrow).
27 properties sold (closed escrow) in June, ranging from $165,000 for 1 bedrooms, 1 bathrooms, 754 square feet to $650,000 for 5 bedrooms, 4 bathrooms, 4213 square feet. The average time on the market was 94 days.
92021
There are currently 56 Active real estate listings in El Cajon zip code 92021. Ranging from $119,900 for 2 bedroom, 1 bathroom, 681 square feet to $3,900,000 for 4 bedrooms, 6 bathrooms, 7745 square feet.
74 properties are pending, (in escrow).
35 properties sold (closed escrow) in June, ranging from $152,000 for 2 bedrooms, 2 bathrooms, 900 square feet to $648,000 for 4 bedrooms, 4 bathrooms, 4073 square feet. The average time on the market was 82 days.
Alpine Real Estate Market Report - June 2012
It is time for the monthly real estate market report for Alpine. Here you will find the number of active, pending and homes that sold in June 2012. As you can see, inventory remains low!
There are currently 60 Active real estate listings in Alpine. Ranging from $175,000 for 3 bedroom, 1 bathroom, 1236 square feet to $2,595,000 for 6 bedrooms, 7 bathrooms, 6444 square feet.
33 properties are pending, (in escrow).
13 properties sold (closed escrow) in June, ranging from $235,000 for 2 bedrooms, 2 bathrooms, 1114 square feet to $830,000 for 4 bedrooms, 5 bathrooms, 5475 square feet. The average time on the market was 64 days.
There are currently 60 Active real estate listings in Alpine. Ranging from $175,000 for 3 bedroom, 1 bathroom, 1236 square feet to $2,595,000 for 6 bedrooms, 7 bathrooms, 6444 square feet.
33 properties are pending, (in escrow).
13 properties sold (closed escrow) in June, ranging from $235,000 for 2 bedrooms, 2 bathrooms, 1114 square feet to $830,000 for 4 bedrooms, 5 bathrooms, 5475 square feet. The average time on the market was 64 days.
Jamul Real Estate Market Report - June 2012
It is time for the monthly real estate market report for Jamul. Here you will find the number of active, pending and homes that sold in June 2012. As you can see, inventory remains low!
There are currently 31 Active real estate listings in Jamul. Ranging from $250,000 for 3 bedroom, 1 bathroom, 1098 square feet to $1,299,000 for 6 bedrooms, 5 bathrooms, 5712 square feet.
16 properties are pending, (in escrow).
3 properties sold (closed escrow) in June, ranging from $169,000 for 4 bedrooms, 3 bathrooms, 1795 square feet to $499,000 for 4 bedrooms, 3 bathrooms, 2668 square feet. The average time on the market was 136 days.
There are currently 31 Active real estate listings in Jamul. Ranging from $250,000 for 3 bedroom, 1 bathroom, 1098 square feet to $1,299,000 for 6 bedrooms, 5 bathrooms, 5712 square feet.
16 properties are pending, (in escrow).
3 properties sold (closed escrow) in June, ranging from $169,000 for 4 bedrooms, 3 bathrooms, 1795 square feet to $499,000 for 4 bedrooms, 3 bathrooms, 2668 square feet. The average time on the market was 136 days.
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