Carly discusses significant changes in the real estate market

Carly discusses and increase in home sales on the state and local level. In San Diego alone there is a 36% increase from January 2012 to July 2012. Home prices are at their highest level. This is encouraging forboth sellers and buyers. In addition, the interest rate has dropped another point since last year which lends to a strengthening market.

Carly describes home at 11281 Carmel Creek Rd coming on the market this weekend!

This stunning home will be on the market this weekend in the popular Trilogy 2 neighborhood of Carmel Valley. On a cul-de-sac in a gated community with a pool and spa, this home enjoys nice westerly views. Completely upgraded inside and out for the most sophisticated buyers! Come see it this weekend–Open House is Sunday noon-3pm. Carly will give you all the details or call 858-231-6722 now!

Carly Shares Shorter Bank Approval Times on Short Sales, REOs

Carly has had 3 bank approvals come in this week with shorter wait times than usual. This is very encouraging for buyers and sellers in this marketplace.Carly will track this trend to watch if banks are finally reducing the process and approval timeframe for homes in the foreclosure process or owned by the bank.

Carly Shares Good San Diego Real Estate News

Carly Bohnsack, San Diego Realtor with Real Living Lifestyles, shares some new home sales information showing an increase in both sales price and number of homes sold in April compared to March 2012.  An even bigger increase is seen when comparing April 2011 to this April. Carly feels this is yet another sign of a bright future in our market with unprecidented low rates and prices.

Carly has high value home listing coming in Rancho San Pasqual

Carly Bohnsack, Realtor at Real Living Lifestyles, tells about this great home for sale in Escondido’s Rancho San Pasqual. With 4 bedrooms and 3 baths, approx 2100 square feet, built in 1998, it is a super value being offered at $399,000–the lowest priced home in its neighborhood.

Rancho San Pasqual is a great family neighborhood with a golf course, huge community pool and a calendar of fun activities to unite the residents.

Carly Offers Your Group a Presentation for San Diego Real Estate Overview

Carly Bohnsack, Realtor at Real Living Lifestyles in San Diego, was recently invited to present a San Diego real estate market update to a group of Financial Advisors. They put together a strong program that was very well received. If your employees or other group would be interested in a similar presentation, please call/text Carly at 858-231-6722.

Carly on Low Appraisals

Carly Bohnsack, Realtor with Real Living Lifestyles, explains the current low appraisals on home sales.

Be Prepared

It is always a good idea to be prepared for a disaster by having a few key documents set aside in your home. Pick a spot easy to access where you’ll remember to go when you’re in panic mode.  Keep the following in a waterproof container or copy them all onto a disk or flash drive for a quick grab and go:

Insurance papers—life, auto, health and business
Credit card statements
Birth certificates
Passports
CD with photographs of your household belongings/valuables
Important phone numbers
Last two years of tax returns

If there are other items in your home that you want to remember to fetch, write yourself a list and include it in this folder to help you remember at the critical time. Call or text us for more details on Disaster Preparedness or San Diego real estate at 858-231-6722.

 

 

 

Carly Offers Up Valuable List of Cay and Carly’s Local Contractors

Cay and Carly have an extensive list of contractors and other contacts that you might find useful. If you need a plumber or an auto detailer, they probably have a few names and numbers to share with you to start your project. Give Carly a call and she would be happy to help.

Buying vs Renting

There are many ways to analyze the choices.
We will continue to offer you considerations to help you with your decision!
Here is just one suggested method:

Rewards and Risks Evaluation

Buying a home is one of the most expensive purchases most of us will make during our lives. Most people purchase a home to own something of value with a chance to see this investment appreciate and to save money with the long term benefits it provides.  Either choice comes with its own rewards and risks.

Comparing Rewards:

  • Homeownership offers a tax write off vs no tax write off to rent.
  • You can do whatever you wish to your own property (within the rules of your HOA if one exists) but renters must get owner’s permission to make any changes.
  • Owners build equity in the home over time vs renters building the homeowner’s equity.
  • Owners can control their loan payment options (ex. refinance) vs renter may have increases periodically
  • Pride of homeownership vs no ownership.

Comparing Risks:

  • Owners will pay all costs of maintenance; renters landlord will handle general repair
  • To relocate, owners may have to rent or sell but renters have the freedom to move within terms of their agreement.
  • Owners pay for all their own utilities but renters may get some utilities paid by the homeowner.
  • Owners must pay property taxes and homeowner insurance annually; renters do not have these expenses.
  • Owners pay for the cost of improvement or updating; renters do not have this responsibility.