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11 Nov Good or bad idea? Buying a Home in the Off Season.

Posted at 11:49h in Home Buying by Luis Carranza 0 Comments
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If you’re home shopping this winter and feeling frustrated, know that market inventory tends to hit a dry spell this time of year. But don’t fret: There are still deals out there. While everyone else is distracted by ski trips, hot cocoa and watching Elf...

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29 Aug California: MARKET STAT UPDATE (August 2017)

Posted at 09:44h in Economic News, Market Reports, Real Estate by Luis Carranza 0 Comments
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California’s housing market’s sales and price have increased in 2016 and 2017. It is forecasted that there will be a slight increase of .8% in existing home sales next year reaching 419,600 units. While the median home price for 2017 has risen to $525,000. ...

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18 Aug 10 Must Read Reasons Why You Should Choose a VA Loan

Posted at 13:57h in Mortgages by Luis Carranza 0 Comments
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Eligible veterans, reservists, and Active Duty personnel and their eligible spouses, could qualify for VA loans. VA loans are guaranteed by the United State Department of Veterans affairs. Read more to find out the top 10 reasons why you should use a VA loan if...

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28 Jul SAN DIEGO: MARKET STAT UPDATE (JULY 2017)

Posted at 11:44h in Market Reports by Luis Carranza 0 Comments
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San Diego market trends indicate an increase of $40,500 in median home sales over the past year. ...

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13 Jun Could Booming Construction in San Diego City Center Be Too Much?

Posted at 09:59h in Economic News by Luis Carranza 0 Comments
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Residential construction is booming in the San Diego city center, but is there such a thing as too much construction in desirable, urban areas? What does this mean for suburban areas? When a concentration in urban construction means not enough construction immediately outside the city, the...

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22 May Favorable vs. Unfavorable Market Conditions

Posted at 10:16h in Economic News, Market Reports by Luis Carranza 0 Comments
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During March 2017, 39,900 new and resale home transactions closed escrow in California. This is 5% more homes sold than in 2016. In 2016, there were 457,900 home sales in California. This is 1.5% more than the number of home sales that took place in 2015, but 40%...

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18 May Rancho Santa Fe: Market Stat Update (May 2017)

Posted at 08:30h in Market Reports by Luis Carranza 0 Comments
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The Average Number of Days on Market fell in April, compared to the previous months, and is currently at an average of 77 days. The Sold/Original List Price Ratio remains steady at 89%.   April 2017 Average Days on Market trend is Falling* Average Days on Market in April...

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24 Apr The Movement of Flipped Homes in CA

Posted at 13:15h in Economic News, Real Estate by Luis Carranza 0 Comments
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Could home flippers be returning? Recent 2016 housing trends report that home flipping may begin to pick up again. The nation had a 3.1% increase in flipped residences, which accounted for 5.7% of all residential sales last year. This is the highest percentage of flipped homes...

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24 Apr Rancho Santa Fe Market Update April 2017

Posted at 10:55h in Market Reports by Luis Carranza 0 Comments
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Rancho Santa Fe Homes Average Price for Sale & Sold The average for sale price of homes in Rancho Santa Fe for March 2017 was $4,913,000, while the average sold price was lower at $2,542,000. The average for sale price is appreciating and is up 22.1% compared...

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11 Apr San Diego County’s Job Recovery and the Housing Market

Posted at 10:47h in Economic News by Luis Carranza 0 Comments
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Continuing its steady recovery from the recession in 2008, San Diego County jobs and income are quickly improving. This marks a great sign for San Diego’s housing market, as a complete job recovery will strengthen home sales volume. Home Sales Volume Slows Until 2018 Chart update 03/22/17 2017...

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