Monday, February 3, 2014

Alpine Monthly Real Estate Report - January 2014

Here is the monthly real estate report for Alpine.  I have included the statistics for single family homes for the month of January 2014.  Please visit my website if you would like to see Alpine Real Estate Market Trends or you would like information regarding another area.

There are currently 55 active listings in Alpine.  They range from $344,000 for 3 bedrooms, 2 bathrooms, 1397 square feet to $4,750,000 fro 4 bedrooms, 3 bathrooms, 2853 square feet.

23 properties are pending (currently in escrow).

8 properties sold (closed escrow) in January.  Ranging from $363,825 fro 3 bedrooms, 2 bathrooms, 1658 square feet to $625,000 fro 4 bedrooms, 4 bathrooms, 2519 square feet.  The average time on the market was 48 days.

El Cajon Monthly Real Estate Report - January 2014

Here is the monthly real estate report for El Cajon.  I have included the numbers for single family homes in all three of the El Cajon zip codes.  Please visit my website to see other areas and to view graphs that show the El Cajon Real Estate Market Trends.

92019

There are currently 86 Active listing in El Cajon (92019).  They range from $324,000 for 3 bedrooms, 2 bathrooms, 1134 square feet to $1,495,000 for 6 bedrooms, 6 bathrooms, 4287 square feet.

45 properties are pending (currently in escrow).

20 properties sold (closed escrow) in January.  Ranging from $200,000 for 3 bedrooms, 1 bathroom, 1064 square feet to $1,100,000 for 5 bedrooms, 4 bathrooms, 4201 square feet.  The average time on the market was 52 days.

92020

There are currently 61 Active listings in zip code 92020.  They range from $274,900 for 3 bedrooms, 2 bathrooms, 1082 square feet to $1,250,000 for 6 bedrooms, 5 bathrooms, 5368 square feet.

27 properties are pending (currently in escrow).

17 properties sold (closed escrow) in January.  Ranging from $230,500 for 2 bedroom, 1 bathroom, 895 square feet to $1,229,000 for 4 bedrooms, 5 bathrooms, 4568 square feet.  The average time on the market was 55 days.

92021


There are currently 61 Active listings in zip code 92021.  They range from $219,000 for 3 bedrooms, 2 bathrooms, 1222 square feet to $979,000 for 4 bedrooms, 4 bathrooms, 3424 square feet.

30 properties are pending (currently in escrow).

22 properties sold (closed escrow) in January.  Ranging from $270,000 for 3 bedroom, 2 bathroom, 1377 square feet to $475,000 for 5 bedrooms, 4 bathrooms, 3259 square feet.  The average time on the market was 50 days.

Jamul Real Estate Report -January 2014

It is time for the monthly look at the local real estate market.  Here is how the real estate market looked for Jamul in January.

There are currently 22 active listings in Jamul.  Ranging from $219,000 for 3 bedrooms, 1 bathroom, 888 square feet to $1,800,000 for 5 bedrooms, 6 bathrooms, 8841 square feet.

23 properties are pending (currently in escrow).

1 property sold (closed escrow) in January.  It was a 3 bedroom, 3 bathroom, 2098 square foot home.  It sold for $710,000 and was on the market for 28 days.

Please visit my website to view Jamul Real Estate Market Trends or to explore another neighborhood.

Monday, January 6, 2014

San Diego East County 2013 Real Estate Review

Happy New Year everyone!  I wanted to take a moment and review how the San Diego East County real estate market looked for 2013.  The market has definitely changed.  Prices have stabilized and are rising in many areas.  The inventory of homes on the market it very low and buyers are scrambling to get into a home before prices and interest rates go up further.  More and more sellers are regaining equity in their homes and as a result, we are seeing very few short sales and REO sales at this time.

Here are some of the numbers.  I have included, how many home sold in 2013 and the current number of active listings.  The numbers include all residential styles including, single family homes, condos and manufactured/mobile homes.  If you are considering selling and want to take advantage of the low inventory and reduced competition, please call me today.  I would be happy to provide you with a market value report for your home.

El Cajon (92019) 544 homes sold in 2013.  There are currently 119 active listings.
El Cajon (92020) 499 homes sold in 2013.  There are currently 48 active listings.
El Cajon (92021) 632 homes sold in 2013.  There are currently 85 active listings
.
Alpine (91901) 232 homes sold in 2013.  There are currently 64 active listings.

Jamul (91935) 81 homes sold in 2013.  There are currently 22 active listings.

Lakeside (92040) 459 homes sold in 2013.  There are currently 55 active listings.

Santee (92071) 756 homes sold in 2013.  There are currently 84 active listings.

Spring Valley (91978) 106 homes sold in 2013.  There are currently 18 active listings.
Spring Valley (91977) 679 homes sold in 2013.  There are currently 88 active listings.

If you would like more information or want to see the numbers for another area, please feel free to let me know.  I would be happy to help.

Feel free to visit  My Website search for homes, run reports and read some great real estate articles.

Tuesday, November 19, 2013

How Does the Real Estate Market Look for 2014

Two of the biggest questions I am asked as a real estate professional lately is "How is the market?"  and "What will 2014 be like for real estate?"  Well, here are the answers.

How is the market?
Currently in San Diego county home prices are rising, inventory is low and mortgage interest rates are still very low.

What to expect.
The real estate market will continue to recover as the economy improves and more sellers regain equity in their homes.  Inventory will then improve but it will be more expensive to buy a home in 2014 than it currently is due to rising prices and mortgage interest rates.

Should I buy now or wait?
You should buy now if you can.  Inventory may be low but that doesn't mean you can't find the home of your dreams.  It benefits you to buy now and take advantage of the low interest rates.  Why wait for home prices and interest rates to go up?

Should I sell now?
That depends on your situation.  If you are buying replacement home then yes!  Take advantage of the interest rates and lower home prices.  Not to mention there is less competition from other sellers.

But won't I be able to sell my current home for more in a year or two?
Yes the price of your current home should rise but so will the price of the new house you are buying and with all likelihood interest rates will rise as well.  These are items you will be paying for years to come.  Waiting could cost you thousands of dollars.

Tuesday, November 12, 2013

Thanksgiving Shopping List

Here is a shopping list to help you with your Thanksgiving shopping.  It has some of the most used items and space to add more.
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Monday, August 19, 2013

Jamul Moving Sale Lots of Great Items

My clients are moving from their Jamul home and have lots of great items for sale.  If you are interested in any of the items please call me and I will put you in contact with the sellers.  Kimberlee (619) 987-5143


                                                        Antique sewing machine -$50.00
 
 
                                                       Antique telephone table - $50.00


                                                     Antique Vanity w/ mirror - $75.00


                               Antique Vanity w/ mirror (shown in picture w/o mirror) - $50.00


                                                     coffee table or TV stand - $40.00


                                                           Corner office desk - $75.00


                                            Short wood and marble buffet table -$40.00


Wood rocking chair - $20.00





Some of the other items we have that I didn't take pictures of are:
 
Home gym - $1800.00

Kitchen hutch - $50.00

2 microwave ovens - smaller size - both hardley used - $10.00 each

kitchen table and chairs - $30.00

coffee table and w/ matching end tables $20.00

white corner shelf - $15.00

two bed tables -$10.00 each

(2) portable air conditioners in excellent shape, hardley used $50.00 each

Reebok weight bench - free

Collection of Toby mugs - $50.00

Snowboards (2) - $20.00 each

snowboard pants and jacket - free

pots for plants - cheap

plants - cheap

Thursday, July 18, 2013

3 Real Estate Scams to Watch Out For

Important information!  Please share with your friends.

Though the housing recovery is trucking along, that doesn't mean real estate scams have gone away. Home owners have been duped out of an average of $4,000 to $5,000 from scams, but even five-figure losses aren’t uncommon for those who have fallen prey to fake loan modifications and other housing fraud. Forbes recently highlighted three of the most common real estate scams today:

1. Rental scams: Scammers illegally pull online listing information from a home for sale and re-post it as a rental on another site, such as Craigslist. They’ll often ask for money upfront, in the form of a security deposit or broker fee, from prospective tenants. Scammers often advertise the home at a low price and collect application fees from several prospective tenants in order to hold the property for them. 
Warning signs: Be cautious of wiring money or paying any upfront fee before you’ve met the agent or signed the contract. Also, be skeptical if they can’t show you the property when you ask.

2. Loan modification scams: Scammers may offer “fake foreclosure counseling, phony forensic loan auditing, nonexistent mass rejoinder lawsuits, bait-and-switch ploys, leaseback programs, and fraudulent ‘government’ modification programs,” Forbes reports.
Warning signs: Be skeptical if anyone asks for money for foreclosure counseling. Foreclosure counseling is free from agencies like the U.S. Department of Housing and Urban Development. Also, always contact your lender directly to work through a modification process. Don’t allow someone to do that on your behalf.

3. Workshop scams: An investment guru will host a get-rich-quick real estate investing seminar and have you sign up for a course that is free or low-cost. The investor may then give you actual properties to invest in if you offer up thousands of dollars in advance. They make bold promises that you’ll become a millionaire, but then nothing ever happens. Also, a form you may have signed initially to take the class may prevent you from taking legal action against the instructor to recoup your money. 
Warning signs: While not every workshop instructor is a scammer, be sure to check out the program thoroughly before signing up. Check the company’s rating with the Better Business Bureau. Also, check if it’s linked to a reputable industry association.
Source: “3 Real Estate Scams and How to Avoid Them,” Forbes.com (July 16, 2013)

Monday, June 3, 2013

El Cajon Real Estate Market Report - May 2013

Here are the real estate statistics for May.  I have included the numbers for single family homes in El Cajon.  They are divided by the three El Cajon zip codes.  If you would like statistics for another area, please feel free to let me know.

92019
There are currently 46 active real estate listings in El Cajon (92019), ranging from $265,000 for 3 bedrooms,2 bathroom, 1266 square feet to 1,999,999 for 4 bedrooms, 6 bathrooms,  5890 square feet.

53 properties are pending (currently in escrow).

34 properties sold (closed escrow) ranging from $276,000 for 4 bedrooms, 3 bathrooms, 1900 square feet to $690,000 for 4 bedrooms, 3 bathrooms, 3124 square feet.  The average time on the market was 51 days.

92020
There are currently 46 active real estate listings in El Cajon (92020), ranging from $299,000 for 2 bedrooms,1 bathroom, 800 square feet to 1,595,876 for 6 bedrooms, 5 bathrooms,  5368 square feet.

49 properties are pending (currently in escrow).

36 properties sold (closed escrow) ranging from $190,000 for 3 bedrooms, 1 bathrooms, 1064 square feet to $754,900 for 4 bedrooms, 2 bathrooms, 2439 square feet.  The average time on the market was 36 days.

92021
There are currently 34 active real estate listings in El Cajon (92021), ranging from $279,900 for 2 bedrooms,1 bathroom, 1008 square feet to 2,600,000 for 5 bedrooms, 7 bathrooms,  8331 square feet.

51 properties are pending (currently in escrow).

56 properties sold (closed escrow) ranging from $375,000 for 2 bedrooms, 1 bathrooms, 1000 square feet to $840,000 for 4 bedrooms, 4 bathrooms, 4565 square feet.  The average time on the market was 46 days.

Jamul Real Estate Market Report - May 2013

Summer is here!  It is time for the monthly real estate market report.  I have included the statistics for active, pending and sold single family homes in Jamul.  If you would like information on another area, feel free to let me know.

There are currently 23 active real estate listings in Jamul, ranging from $250,000 for 2 bedrooms, 1 bathroom, 760 square feet to 1,749,000 for 5 bedrooms, 8 bathrooms, 6915 square feet.

21 properties are pending (currently in escrow).

8 properties sold (closed escrow) ranging from $286,700 for 3 bedrooms, 1 bathrooms, 936 square feet to $900,000 for 4 bedrooms, 4 bathrooms, 3465 square feet.  The average time on the market was 35 days.

Alpine Real Estate Market Report - May 2013

Happy summer everyone.  It is June, so time for the May real estate market report for Alpine.  I have included the statistics for the active, pending and sold single family homes.  If you would like the numbers for condos or another area, feel free to let me know.

There are currently 38 active real estate listings in Alpine, ranging from $274,900 for 2 bedrooms, 1 bathroom, 922 square feet to 2,500,000 for 3 bedrooms, 3 bathrooms, 3100 square feet.

47 properties are pending (currently in escrow).

23 properties sold (closed escrow) ranging from $276,000 for 2 bedrooms, 2 bathrooms, 1118 square feet to $1,900,000 for 6 bedrooms, 7 bathrooms, 6444 square feet.  The average time on the market was 59 days.

Wednesday, May 1, 2013

El Cajon Real Estate Market Report - April 2013

Happy May Day everyone. Here are the real estate statistics for El Cajon for the month of April 2013. I have included the numbers for single family homes for all three zip codes. If you would like th stats for condos or another area, please feel free to let me know.

92019
There are currently 44 Active listings. Ranging from $279,000 for 2 bedrooms, 2 bathrooms, 1152 square feet to $1,999,999 for 4 bedrooms, 6 bathrooms, 5890 square feet.

44 properties are pending (currently in escrow).

20 properties sold (closed escrow) in April. Ranging from $245,000 for 3 bedrooms, 2 bathrooms, 1014 square feet to $725,000 for 4 bedrooms, 4 bathrooms, 3330 square feet. The average time on the market was 70 days.

92020
There are currently 38 Active listings. Ranging from $220,500 for 2 bedrooms, 2 bathrooms, 1128 square feet to $1,595,873 for 6 bedrooms, 5 bathrooms, 5368 square feet.

51 properties are pending (currently in escrow).

24 properties sold (closed escrow) in April. Ranging from $224,900 for 1 bedrooms, 1 bathroom, 774 square feet to $675,000 for 3 bedrooms, 2 bathrooms, 3000 square feet. The average time on the market was 43 days.

92021
There are currently 35 Active listings. Ranging from $299,900 for 3 bedrooms, 2 bathrooms, 1358 square feet to $900,000 for 5 bedrooms, 4 bathrooms, 4861 square feet.

77 properties are pending (currently in escrow).

47 properties sold (closed escrow) in April. Ranging from $171,000 for 2 bedrooms, 1 bathroom, 878 square feet to $659,000 for 4 bedrooms, 3 bathrooms, 2873 square feet. The average time on the market was 54 days.

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