Carlsbad Real Estate Advice 9 - Mylene Merlo - North County San Diego Real Estate Advisor

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

2930 Cowley Way #302 in Mission Bay Ridge – SOLD in Less than One Day!

2930 Cowley Way #302 in Mission Bay Ridge SOLD in Less than One Day! UPDATE: We received multiple offers within 24 hours of listing on the market, and we opened escrow in only one day! We closed escrow at ABOVE ASKING price – $675,000! Welcome to Mission Bay Ridge! 2930 Cowley Way #302 is a 3 bedroom, 2 bath, 1894 square foot condo. Here’s your chance to live in one of only five top floor units with

2930 Cowley Way #308 in Mission Bay Ridge – SOLD in LESS than 1 DAY!

2930 Cowley Way #308 in Mission Bay Ridge, San Diego SOLD in Less than One Day! UPDATE: Within 24 hours of listing in the MLS, 2930 Cowley Way #308 in IN ESCROW! We closed escrow on July 30, 2018. Congratulations to the happy Buyer and Sellers! Welcome to Mission Bay Ridge! 2930 Cowley #308 is a 2 bedroom, 2 bath, 1358 square foot condo. Here’s your chance to live in one of only five top floor units

North County San Diego Real Estate Market Report – July 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? Fortunately for home buyers, inventory has increased moderately since June. Fortunately for home sellers, most areas’ sales prices have increased between May and June. [widget id=”text-31″] In Carlsbad, inventory for both detached and attached homes has increased by 7% between

North County San Diego Real Estate Market Report – June 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? Fortunately for home buyers, inventory has increased moderately since May. Fortunately for home sellers, most areas’ sales prices have also increased between April and May. [widget id=”text-31″] In Carlsbad, inventory for both detached and attached homes has increased 7% since early

7741 Corte Marin in La Costa Carlsbad – SOLD in Only 4 days!

7741 Corte Marin in La Costa Carlsbad’s Greystone On the Park – SOLD in Only 4 Days! UPDATE: After 3 open houses and multiple offers, 7741 Corte Marin went into escrow within 4 days of listing, and SOLD at a neighborhood historical record sales price of $855,000!* (*During escrow, the buyer’s agent reduced his commission by $10,000 to lower the final sales price to $845,000. The net/effective sales price is $855,000.) Welcome to On the

North County San Diego Real Estate Market Report – May 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? Fortunately for home buyers, inventory has increased substantially since April. Fortunately for home sellers, sales prices have also increased in 2018. [widget id=”text-31″] In Carlsbad, inventory for both detached and attached homes has increased over 20% since early April. March