Carlsbad Real Estate Advice 8 - Mylene Merlo - North County San Diego Real Estate Advisor

North County San Diego Real Estate Market Report – September 2019

What’s Happening in the North County San Diego Real Estate Market? Source: Mylene’s Real Estate Market Report uses data from CRMLS for 2018 through 2019 and represents properties listed or sold by various brokers. Inventory North County inventory has dropped since early August. In the past month, we have seen a sharp decrease in the number of homes available for sale. Days on Market The number of days on market has increased between July and

Home Maintenance Quick Tips – Attic Sealing and Attic Insulation – Tax Credit Available!

Attic Sealing and Attic Insulation – Get Paid to Upgrade! Good news! The Energy Efficient Home Improvement Credit will help you to pay for your attic sealing and insulation. San Diego homeowners can benefit from lower utility bills, and cleaner air quality. The Energy Efficient Home Improvement Credit provides a 30% tax credit for sealing and insulation. There is no maximum credit. Here’s some information to help you decide if you should take advantage of this awesome program: Attic Sealing –

1354 Palomar Place in Vista Palomar, Vista – SOLD in 9 Days!

1354 Palomar Place in Vista Palomar, Vista – SOLD in 9 Days! UPDATE: After only 9 days on the market, 1354 Palomar Place closed escrow, for $365,000! This is $10,000 higher than the highest previous sale! Welcome to Vista Palomar! 1354 Palomar Place is an upstairs single-level condo with a detached two-car garage. There are 3 bedrooms and 2 baths in a 1396 square foot floor plan. This home offers a bright open floor plan.

North County San Diego Real Estate Market Report – August 2019

What’s Happening in the North County San Diego Real Estate Market? Inventory Overall, there has been little change in inventory between mid-July and early August. The number of homes for sale increased in the spring, and has remained stable through the summer. Days on Market The number of days on market has decreased between June and July sales. Most homes are selling within about 2 weeks. Prices While prices have been stable all year, overall

San Diego Wildfires, Part 3 of 4: Fireproof Your Property – Defensible Space

Once you have taken steps to fireproof your house, the next level of preparation is protecting the land surrounding your house. Fireproof your property by: removing flammable objects, and creating a defensible space of hydrated and maintained natural vegetation. UPDATE: Please click the link below to read Greg Rubin’s response to the 2025 Los Angeles Wildfires – Response to 2025 LA Wildfires by Greg Rubin There are conflicting opinions about what kind of defensible space

North County San Diego Real Estate Market Report – July 2019

What’s Happening in the North County San Diego Real Estate Market? Inventory Inventory has moderately increased in most markets between early June and mid-July. Days on Market The number of days on market has slightly increased since last month. Even so, properties are taking less time to sell than they did earlier this year. Most homes are selling in about 2 weeks. Prices Prices have been stable all year. Between June and July, we saw

North County San Diego Real Estate Market Report – June 2019

What’s Happening in the North County San Diego Real Estate Market? Inventory Although inventory has gradually increased since January, there was very little change between early May and early June. Days on Market The number of days on market has continued to decrease. Overall, properties are taking less time to sell than they did earlier this year. Most homes are selling in less than 2 weeks. Prices Prices have been stable all year. Between May

809 Kalpati Circle #122 in Ocean Pointe, Carlsbad – SOLD

809 Kalpati Circle #122 in Ocean Pointe, Carlsbad is SOLD UPDATE: After 28 days on the market, 809 Kalpati Circle #122 is SOLD! It closed escrow on May 29 for $700,000. Congratulations to the lucky Buyer and happy Sellers! Welcome to Ocean Pointe, overlooking the Agua Hedionda Lagoon and the Carlsbad coastline! 809 Kalpati Circle #122 has two bedrooms and two baths in a 1660 square foot floor plan. Enjoy stunning whitewater ocean and lagoon

North County San Diego Real Estate Market Report – May 2019

What’s Happening in the North County San Diego Real Estate Market? Inventory Inventory has gradually increased since the beginning of the year. Days on Market In most markets, the number of days on market decreased between March and April. Overall, properties are selling more quickly than they did at the beginning of the year. Most homes are selling in fewer than 3 weeks. Prices Prices have been stable all year. In most areas, we didn’t

North County San Diego Real Estate Market Report – April 2019

What’s Happening in the North County San Diego Real Estate Market? Inventory As expected, inventory has continued to increase since January. The supply and demand are rising together. As more homes are being listed on the market, according to statewide lockbox access data, more buyers are touring properties. Days on Market In some markets, March sales showed a reduced number of days on market from February. Overall, properties are selling more quickly than they did

Native Plants in San Diego – Join Us at the CNPS 2019 Native Garden Tour

Photo credits: Torrey Neel and Judie Lincer Have you thought about improving your landscape with native plants? Learn how to do it at the California Native Plant Society’s 2019 San Diego Garden Tour on April 13 & 14. First, here are five reasons: Why Native Plants Are Awesome Native plants need very little water. They require very little maintenance, so no weekly mow-and-blow service needed. Native gardens attract wildlife, including songbirds. No need for fertilizers in

North County San Diego Real Estate Market Report – March 2019

What’s Happening in the North County San Diego Real Estate Market? Inventory The inventory has increased since the beginning of the year. Home buyers are hoping that more sellers will put their homes on the market. Spring is usually the busiest time of the year! Days on Market February sales showed a reduced number of days on market from previous months. Properties are selling more quickly than they did earlier this year. Prices Even though

North County San Diego Real Estate Market Report – February 2019

What’s Happening in the North County San Diego Real Estate Market? Inventory As of February 7, inventory had not really increased since the beginning of the year. On the other hand, as you can see from the inventory charts below, it’s still much higher than one year ago. In addition, we expect more homes to be listed on the market throughout the spring season. Days on Market Another trend that has continued through January is

January 2019 - Year in Review Market Report

North County San Diego Real Estate Market Report – January 2019

What’s Happening in the North County San Diego Real Estate Market? The new year is usually the low point for housing inventory. As of January 4, inventory had gone down from mid-December. On the other hand, as you can see from the charts below, it’s still much higher than January 18 inventory levels. In addition, we expect more homes to be listed on the market throughout the spring/summer season. Another trend we have seen throughout

24619 Morning Star Drive in Murrieta – SOLD in only 10 Days

24619 Morning Star Drive in Murrieta – SOLD in only 10 days! UPDATE: After only 10 days on the market, 24619 Morning Star Drive SOLD for $310,000. Congratulations to the lucky Buyer and happy Seller! 24619 Morning Star Drive is priced to sell quickly and is move-in ready! VA and FHA buyers welcome! 24619 Morning Star Drive is a single-story two bedroom, one bath home with 935 square feet and a large private backyard. There are

2018 Tax Code Changes – A Guide for Homeowners and Real Estate Investors

The 2018 tax code changes are the first major tax code overhaul in 31 years. Here’s what homeowners and real estate investors need to know. 2018 Tax Code Changes Mortgage Interest Deduction Primary Residence In expensive states like California, the mortgage interest deduction is a significant reduction in tax liability. Beginning in 2018, the mortgage interest deduction is capped at $750,000 of debt. You can only deduct the interest on up to $750,000 of debt.

North County San Diego Real Estate Market Report – December 2018

This monthly Real Estate Market Report describes the real estate market conditions in Coastal North County San Diego, and how they have changed over the past month and year. What’s Happening in the North County San Diego Real Estate Market? In December, many sellers take their homes off the market for the holidays, and many buyers take a break from shopping for homes. In North County, inventory went down, as predicted. The November sales prices showed

North County San Diego Real Estate Market Report – November 2018

This monthly Real Estate Market Report describes the real estate market conditions in Coastal North County San Diego, and how they have changed over the past month and year. What’s Happening in the North County San Diego Real Estate Market? In most years, as the year winds down, the market slows down with it. 2018 is no exception. Inventory has decreased in some areas, and sales prices went down in October from September. In most cases,

Avoiding Property Tax Reassessment – Property Tax Relief for Seniors and Disabled Home Buyers

UPDATE: Effective April 2021, Proposition 19 expands tax portability options to many California homeowners. Please read my Proposition 19 article for more updated information. If you are over 55, or permanently disabled, you may qualify to avoid a full property tax reassessment when you sell one property and buy another. California Propositions 60, 90, and 110 provide tax relief for seniors and disabled home buyers. Under Proposition 13, a home’s taxable value matches the purchase

North County San Diego Real Estate Market Report – October 2018

This monthly Real Estate Market Report describes the real estate market conditions in Coastal North County San Diego, and how they have changed over the past month and year. What’s Happening in the North County San Diego Real Estate Market? It might be Halloween season, but there’s nothing eerie about the real estate market. San Diego real estate in 2018 has experienced a steady trajectory of gradual increases, with some corrections along the way. During some

North County San Diego Real Estate Market Report – September 2018

This monthly Real Estate Market Report describes the real estate market conditions in Coastal North County San Diego, and how they have changed over the past month and year. What’s Happening in the North County San Diego Real Estate Market? In spite of the scary headlines, the San Diego real estate market has continued its regular trajectory of steady increases, with some corrections along the way. During some months, the final sales prices have gone up,

North County San Diego Real Estate Market Report – August 2018

This monthly Real Estate Market Report describes the real estate market conditions in Coastal North County San Diego, and how they have changed over the past month and year. What’s Happening in the North County San Diego Real Estate Market? We have seen some scary headlines in the news lately. The reality isn’t quite so dramatic. In San Diego County, resale single family home purchases pulled back in July – down 10% from June. Attached home

4944 Cass Street #505 – North Pacific Beach Condo – SOLD In 12 Days!

4944 Cass Street #505 – Pacific Tower in North Pacific Beach – SOLD in Only 12 Days! UPDATE: After only 12 days on the market, we received a full-price CASH offer! Congratulations to the happy Buyer and Seller! Have you considered living in a high-rise in North Pacific Beach? Pacific Tower is only 3 blocks to the beach and Palisades Park. Come enjoy the PB lifestyle just down the street from Bird Rock in La

332 Del Flora Street in Pacific Breeze, Oceanside – SOLD!

332 Del Flora Street in Pacific Breeze, Oceanside is SOLD! UPDATE: After 28 days and multiple offers, 332 Del Flora Street SOLD for $520,000! Welcome to Pacific Breeze! 332 Del Flora Street is a single-story home located in a quiet cul-de-sac in Oceanside, close to the Camp Pendleton border. FHA and VA buyers are welcome! 332 Del Flora’s 1,322 square foot floor plan has 3 bedrooms and 2 full baths. The 6,572 square foot lot is fully

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