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San Diego February 2012 Home Market Trends

San Diego Board of Realtors Has Statistics for February 2012

The general comments and discussion among agent in the past 2 months has been “we are busy and inventory is limited.”  Naturally if you have had  your home for sale for some time and you hear someone say “inventory is limited” you wonder why you don’t have multiple offers.  In general the basic rules always apply; If a home is in a popular neighborhoods, presents well and is priced with the market based on closed sales you should be seeing offers.  Personally what I am experiencing is relocation buyers coming for good jobs with major employers in San Diego and people who are making offers and deciding to purchase rather than lease. The statistics will play themselves over the next few months.  I do not see any radical jumps in pricing but I see many more pending sales in all prices ranges which is a positive sign for recovery.

 

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The Housing Market Reports

I found an interesting article on DSNews about how reports are made about market trends.  As agents we find many times the sites such as Trulia do not have accurate information. In addition some local papers provide inaccurate statistics.  We recently sat down with a title rep who reviewed all the coastal sales and told us how several coastal zip codes are misrepresented in reporting. that is why it is always best to look at a particular neighborhood and prepare closed sales and trends for that particular specific area.

If you need information on any areas of San Diego, let us know! GBPagnotta@gmail.com

To review other market trends you can go here.

The Pagnotta Team Home Sale Incentives

Thinking of Selling Your San Diego Home?

 

If you are considering selling your San Diego home this spring we have some incentives for you.  To get the most money and the fastest market time your property needs to be clean, the  yard maintained and your home  staged  for sales success! We have a great team that can help you.  Once they are done we will do the rest with our Global Marketing Internet Marketing Program and all our professional gallery photography!

Pacific Carpet and Tile Cleaning

 

The LOGO these business owners use is “Best Cleaning on Earth.”  I have used them for my personal residence and also have referred them to clients.  They get outstanding results.  My carpet looks like new after they are done. They are professional in every sense of the word.  I found them on the  Yelp site and after reading positive reviews gave them a call. Glad I did!

Keep It Green Pacific Carpet and Tile Cleaning  uses a product that is soap free, odor free, all natural, colorless, non-allergenic, non-toxic and no VOCs according to their advertising.

  They are offering free family room cleaning with 3 room minimum. If you have other cleaning  needs they will offer you a discount  if you call them for The Pagnotta Team Incentive 760-908-6795 or go to their website; www.PacificSteamClean.com

Modern Image Landscape

 

It is so important to have good curb appeal.  This starts with having your yard looking its best.  You may need to add some color with some fresh flowers at the entry to greet buyers and your lawns in their best condition.  I have personally used Modern Image Landscape on several occasions to landscape my entire yard including building a pool.  The quality of workmanship is fabulous. Chris O’Quinn is wonderful to work with; professional, polite and he communicates openly and frequently.  He is offering 1 free month of landscape maintenance with a six month contract. To read more go to http://www.modernimagelandscape.com/ or call 619-247-3628. Jus mention The Pagnotta Team to get the white glove treatment!

Stage To Success

Many times people think of staging as decorating.  Many times it is “un-decorating.”  That said it takes a decorator/designer to see what needs to be done.  Staging allows buyers to see space and imagine their lifestyle to be complimented by your home.  Once your home is listed we will provide you with a complimentary staging service!  If in the meantime you need help please call Catherine Smith at 858-442-1889 and let her work her magic!

 

 

We are Top San Diego agents and would be happy to provide you with a current opinion of value on your home or condo.   We work in the coastal and inland communities of Poway, Rancho Bernardo, Santaluz, Del Sur, 4S Ranch, Rancho Penasquitos, Vista, San Marcos, Carlsbad and Scripps Ranch.

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Find School Boundaries in San Diego

Selecting Specific School Districts When Purchasing a Home

 

One of the most important criteria buyers give us when deciding what community or neighborhood they want is to research school districts. Once they have determined some of the top districts and then the top schools in the district they want to know what specific streets and neighborhoods are within the school boundaries. We always ask our clients to confirm the areas by calling the specific school district regional office.  Most of the school websites have maps you can use also. This can become confusing and frustrating.

 I was recently introduced to a new site; www.education.com. I did give this site a test drive with my address. The school selections were correct. I would still tell people to speak with a school representative as boundaries are subject to change. I know for a fact the high school in my area is suppose to be changed next year. Now I do not know if they will make the kids who are now attending their current school change or if they have any choices.  All of these issues are cause for concern. When I had school age children we were committed to the Poway Unified School District.  Within the district I wanted the kids to stay in their schools so they would not have to change clubs, activities or have to make new friends. Unfortunately as neighborhoods such as Del Sur, 4S Ranch and Santaluz grow they add more children to the district and there has to be an evaluation of the class sizes and whether the schools can accommodate the growth. Read the rest of this entry »

Comparing Golf Clubs in San Diego

Santaluz Club Offers Outstanding Facilities For Members

We are always talking about how much we enjoy the Santaluz Club.  So many times clients ask us to compare the area clubs. The membership director at Santaluz provided us with the following comparison chart.  As always we encourage people to take a tour of the club they are considering joining. In addition it is really best to schedule a day of golf and the use of other club facilities.  Santaluz does a great job teaming up guests with members so they can get a first hand report card of the facilities. Besides being a beautiful club, Santaluz is just so friendly and welcoming.  If you have questions lets us know or if you want a formal tour we can help!

If you are interested in all the Golf Communities in San Diego go to my website :http://www.gretchenpagnotta.com/convertedpages/golfcourses.html

 

Carmel Valley San Diego Home Sales Year to Date 2011

Carmel Valley in San Diego Home Sales Are Down From From 2010

 

 

 

 

 

 

 

Carmel Valley home sales were up 7.1 from October 2010 yet down 3.2 from September 2011.  Sales were hghest level as compared to October 2010/2009.  October year to date are running behind last years year to date numbers.

October sales reflected homes that were listed in the spring and summer months and closing in October.

If you are interested in getting more information on specific sales in your nighborhood let us know. Carmel Valley is a very desirable neighborhood and we are always excited to market homes to our global audience in this area! Contact us for any assistance! GBPagnotta@gmail.com

Santaluz Homes In Escrow for October 2011

Santaluz Home Sales for October 2011

The name of the game in Santaluz for October is “watch and wait.”  There have been few closings as we wait for a number of homes to close escrow.  We are one of the agents that have been waiting for a closing.  The lenders are giving us reasons for sleepless nights as they delay loan approvals.  When speaking with a well known and respected loan officer just yesterday we were in agreement on one thing, “preapproval means nothing.”  It has become a standard practice in real estate to request buyers to be “preapproved” for a loan. In the past it was “prequalification.”  Currently we have lenders run a credit report and obtain detailed information on a buyers employment history and assets.  Somehow even going through a preliminary process does not insure the buyer will in fact pass all underwriting requirements and obtain a loan in a timely fashion.  Our 17 day contingency periods stretch on leaving sellers frustrated and wondering if they really are going to close an escrow on their homes. 

Santaluz Shorts Sales and Bank Sales Slow The Escrow Process

The homes that are offered as short sales require a longer escrow period.  Once an offer is obtained on a short sale a Short sale package is submitted to the lender.  This package has information on the owner such as a “hardship Letter”, their assets and justification for requesting a short sale and the offer on the property. The lender will request comparable sales and eventually the lender will do their own appraisal of the property.  In the meantime, time marches forward.  Many buyers simply will not wait for the process.  When this happens the home goes back on the market and process starts all over again.  The homes that are awaiting a lenders approval of the short sale is reported in Sandicor (MLS) as “Contingent.”  Once the lender approves the offer it can be reported as “Pending.”

Santaluz Homes Currently in Escrow

The following homes are currently waiting to close an escrow.  Let’s hope I can report them as a closed sale on a future blog!

SANTALUZ CONTINGENT SALES

1.  Caminito Lazanja: 3892 sqft listed for $850,00-$875,000

2. Sentinel: 2545 sqft listed for $999,000

3. Tierra Tesoro: 4735 sqft( listed at 4259 sqft but it is a Plan 3 Belsera) listed at $1,100.000

4.  Doug Hill: 4854 sqft listed at $1,499,000-$1,699,000

5. Northern Lights: 6336 sqft listed for $1,900,000

6. Northern Lights: 6990 sqft listed for $2,000,000-$2,200,876

SANTALUZ HOMES IN PENDING STATUS

1. Run Of The Knolls: 2900 sqft listed for $830,000

2. Santaluz Village Green East:  2,248 sqft listed for $839,900

3. Garden Ct: 3,323 sqft listed for $945,000

4. Briza Placida: 3,851 sqft listed for $$1,098,000

5.  Caminito Camelia: 4,453 sqft listed for $999,000-$1,098,888.

6.  Entrada Lazanja: 3,990 sqft listed for $1,199,000

7.  Doug Hill Ct: 3,706 sqft listed for $1,199,900-$1,299,900

8.  Montien Rd: 6,337 sqft listed for $$2,495,000

9. Cmto Santaluz East : 6,364 sqft listed for $2,749,000

10.  Run Of The Knolls: 7,659 sqft listed for $2,995,000

11.  Northern Lights: 8,859 sqft listed for $3,495,000

12.  Doug Hill: 7,846 sqft listed for $3,995,000.

If you are curious about the current value of your home we are always happy to meet with you and provide a detailed market analysis.  If you would like more information on Santaluz please review some of my Santaluz blogs including Market Trends.  We live in Santaluz and are your Santaluz Resident Agent Realtors!

* The above information was taken from Sandicor on 10/30/2011 and is accurate but not guaranteed. It reflects activity by various participating brokers.

 

 

 

Santaluz Lots on Sale

Santaluz Lots Discounted For Sale

Is it time to build your custom home?  Now is one of the most affordable times to build.  During the peak of the market people were paying premiums for lots and premiums for builders.  Today builders are sharpening their pencils and I have heard some really great prices for new construction.  The price to build varies greatly according to the floor-plan and most importantly finishing choices.  There will always be the “I want what I want and have the money to pay for it” luxury home buyer who has dreamed the dreamed and has the checkbook full. Then there is the buyer who does not want a production home, does not need a 10,000 square foot custom home with an ocean view and says “Can I build a nice home in Santaluz for $1.6?  Well….with low lot prices, a carefully designed home with lovely finishes may be able to accomplish this!

Building a Home in Santaluz

It all starts with the lot.  The advice I have in a lot selection is to go out and walk each lot, locate the direction of the light and sun, get information on the pad size and restrictions from Santaluz and start on your journey.   We can help with this entire process.  The selection of the builder is critical.  The best method for choosing a builder is referral referral, referral!  We have a list of builders and also names of people who have used various builders.  There has to be a chemistry between your dreams and this person who creates them for you.

Designing a Home to Build in Santaluz

Enter another professional…the architect.  An architect can save you money by offering options, suggestions and good design. One caveat I always state is; “Build a custom meeting your needs yet keep in mind needs of other people.”  There are so many custom homes that have been built to suit one families particular needs and these homes are very difficult to resell.  There is a reason why our Posada’s are so popular! Production homes (semi custom to those who own a Poasada), are designed to appeal to many buyers. 

If you want to get started looking at lots or need some direction in selecting a builder..give us a shout! 

 

Santaluz Real Estate

Summer Time is a Great Time to Enjoy The Santaluz Lifestyle

july golf

Golf memberships are currently available for $43,000 with monthly fees of $1100. Membership privledges include greens fees, bag storage, lockers,range access,handicap fee and all the Spa, Clubhouse and Hacienda Level privledges; pool, tennis, spa, dining, fitness, social+++

Read the rest of this entry »

8178 Run of the Knolls Court – Santaluz Home for Sale

Newly Listed 8178 Run of the Knolls Court in Santaluz – Virtual Tour!

8178 Run of the Knolls Court

Lovely Custom Home in Santaluz

Santaluz LivingIf you are looking for a very private and well designed home that accommodates guests or live in family you will find this home to be the perfect fit!  It took more than a year to plan, design and build this gorgeous custom home that is loaded with thoughtful upgrades and the finest finishes. The .97 view lot is on a quiet cul de sac. Clients will love all the entertaining possibilities. The vanishing Weiland doors in the great room lead to an over sized covered loggia which can be used year round.  The salt water pool, bubbling spa and waterfall feature in the pool along with a BBQ Island, and 2 putting greens will allow for lots of relaxing and weekend fun for everyone!

Home lives like a One Story!

Game room with full bar for entertaining!This home lives much like a One Story home with the master suite, 2 secondary suites and the guest wing all on the first floor. The Guest suite is self contained with a full kitchen, bedroom/bath, living room, hobby room and 2 car garage.  People who have regular guests or live in family will love this private yet contained wing.

Home Offices, Fitness Room

Santaluz is a gated communityThere are 2 offices on the 2nd level of this home as well as a large fitness room and bath suite.  The fitness room could easily be converted to a bedroom.  Exterior staircase access allows this level to be easily used as a home office.

Gracious living will be enjoyed in this property with  @6338 square feet and over 900 more square feet under roof in covered patios and loggia space. There is complete integration of exterior and interior spaces.

Some additional features include:

Master suite has access to pool and spaFour fireplaces, whole house EWS water filtration, surround sound,Insta-hot water in kitchen, 2 large water heaters, jetted master tub, 4 exterior fountains,multiple air cond and heating units for NRG efficiency and zoning, granite on all counters, Cantera Stone columns and exterior finish, 5 space garages (#/2), full bar in Game room with refrigerator and D/W,Alder wood cabinets and multiple built-ins, marble farm house sink in kitchen, Weiland disappearing door in great room, firepit, BBQ island with refrigerator and sink, pavers in driveway and lush well planned landscaping.

Enjoy Membership in the Santaluz Club

Multiple custom built in cabinetryThe Santaluz Club Spa level Membership is available to new owners providing Club Dining privileges, spa use, tennis, fitness and Camp Santaluz as well as many social functions. This membership may be upgraded to a Golf Membership to enjoy the award winning Rees-Jones course at Santaluz. This can be negotiable or done at buyer’s expense.  A close 30 minute commute to San Diego Airport this home is ideally situated close to all freeways, coastal beaches, major medical and shopping facilities.

Value Priced Santaluz Custom Home

Dream kitchen has everything you want!Listed at $2,775,000 the sellers are looking at all offers and are motivated to sell this beautiful property. It could not be duplicated today at asking price! Contact Gretchen for a private tour of this home today.

For additonal info on Santaluz go to SanDiegoHomeInfoBlog.com/Santaluz

52 Weeks of Fun in San Diego:January 2011

52 Weeks of Fun in San Diego

52 Weeks of Fun in San Diego

This information is compliments of Lawyers Title.  if you need any title insurance information let me know!

December 30-January 2, San Diego International Auto Show

Car Buffs’ Heaven.  Big cars, little cars, old cars, new cars, special cars and more cars.  Oh, and trucks and vans too!  All children ages 6 & under admitted free when accompanied by a paying adult.  On Sunday, family day, children under 12 are free with a paying adult.
Time:  Thurs & Sat. 10:00 am – 9:00 pm /
Fri. & Sun. 10:00 am – 7:00 pm
Location:  San Diego Convention Center, 111 West Harbor Dr.
For more information visit www.sdautoshow.com

 


 

January 1, Annual Polar Bear Plunge

 
As an annual tradition to ring in the New Year, a bunch of absolutely nutz swimmers will congregate on the beach at La Jolla Shores and plunge into the icy cold ocean.  Lifeguards and support crew will be there on hand in kayaks and jet skis.  Free event.

 
Time:  10:00 am – 11:00 am
Location:  La Jolla Shores
For more information call 619-235-5929 or visit www.lajollacoveswimclub.org

 


 

January 9, Annual San Diego Resolution 5k & 15K

This event takes runners on a loop around Fiesta Island in scenic Mission Bay Park’s De Anza Cove while raising funds for charities that seek to keep the environment healthy.

 

Time:  7:00 am
Location:  De Anza Cove, Mission Bay
For more information call 619-890-6067 or visit www.sandyfeetevents.com

 


 

January 15, Annual Downtown Multicultural Festival

 
A fun festival celebrating the diversity of San Diego.  Visit the Global Villages and enjoy continuous multicultural performances of music, song, and dance.  While there, you can shop for merchandise, have a tasty lunch, and take the kids to the children’s area.  Free event.

 
Time:  11:00 am – 5:00 pm
Location:  Downtown San Diego – Martin Luther King Promenade and K St.
For more information call 619-533-7145 or visit www.ccdc.com

 


 

January 15, Dr. Martin Luther King Jr. Family Reunion

 
This is an all-day community celebration in remembrance of
Dr. Martin Luther King Jr. featuring two stages of fine entertainment, a car & motorcycle showcase, Kids Zone, merchandise booths, and a BBQ cook-off contest.  Includes Sports Fest segment which has a basketball camp, football camp, and tennis camp.  Free event.
Time:  8:00 am – 6:00 pm
Location:  Martin Luther King Jr. Park, 6401 Skyline Dr.
For more information call 619-366-9386

 


 

January 15, Annual Martin Luther King Jr. Parade

 
This parade features marching bands and floats, drill teams, dance groups, and other community groups.

 

   Time:  10:00 am – 2:00 pm
Parade Route:  Tailgate Park (13th St. & Imperial Ave) –   Imperial Ave.g Park Blvd. -

Tony Gwynn Way – 7th Ave. – J St. – 11th Ave. – Park Blvd. – 13th St. – Tailgate Park.
For more information call 619-264-0542

 


 

January 16-21, San Diego Restaurant Week


Twice a year San Diego restaurants throw a culinary celebration featuring three fabulous courses for a fixed price.  There are no tickets or passes required.  Food lovers may simply dine out at as many participating restaurants as they like.  Guests can enjoy a 3 course meal for $20, $30 or $40 per person, depending on the restaurant.

 Location:  Visit  www.sandiegorestaurantweek.com  for a list of participating restaurants

and for more information.

 


 

ShowJanuary 21-23, Del Mar Antique


For $5.00 per item, attendees can have items appraised at the antique appraisal booth.  Restoration services also available.  Adults $8.00; $5.00 with coupon (found on website); younger than 17 free with accompanying paid adult.

  
Time:  Fri. & Sat.  11:00 am – 7:00 pm / Sun.  11:00 am – 5:00 pm
Location:  Del Mar Fairgrounds – O’Brien Hall
For more information call 800-943-7501 or visit www.calendarshows.com

 


 

January 22, Auto Products Recyling Event – Kearny Mesa


This event is geared for City of San Diego residents only.  At-home mechanics can take advantage of this offer.  Items such as used oil, antifreeze, oil filters, and auto batteries will be collected for recycling.  There’s no charge to do it today, but there is a 10-gallon limit per person.
Time:  9:00 am – 1:00 pm
Location:  Public Utilities Operation Center Parking Lot, 5571 Kearny Villa Rd.
For more information call 858-694-7000


 

January 23, Carlsbad Marathon & Half Marathon

The Carlsbad Marathon features a rolling course, including
14 miles along the Pacific Ocean.

    Time:  6:00 am marathon / 7:30 am half-marathon
Location:  Westfield Plaza Camino Real, 2525 El Camino Real, Carlsbad
For more information visit www.carlsbadmarathon.com


 

January 24-30, PGA Tour Golf Tournament


San Diego is the host for the “Farmers Insurance Open” at the exclusive

Torrey Pines Golf Course.

 Time:  Refer to website for schedule
Location:  Torrey Pines Golf Course, 11480 North Torrey Pines Rd.
For more information visit www.centuryclubofsandiego.org


 

January 27-30, San Diego Sunroad Boatshow


The San Diego Sunroad Boatshow is complete with both land and in-water locations, focusing on the latest boats and marine equipment.  This year show includes big crowds, a rock band, good food and free boat rides. Fun for the whole family, the San Diego Sunroad Boatshow will have something for everybody who wants to experience the adventure of San Diego’s beautiful waterways.  Free event.
Time:  Thurs & Fri. noon – 6:00 pm / Sat. & Sun. 10:00 am – 6:00 pm
Location:  East end of Harbor Island – San Diego Bay
For more information call 619-497-5254 or visit www.sandiegosunroadboatshow.com


 

January 28-30, San Diego Pet Expo

Information about pets, including pet product and service vendors. 

Free event.

 Time:  Fri. & Sat. 10:00 am – 7:00 pm / Sun. 10:00 am – 5:00 pm
Location:  Del Mar Fairgrounds, Bing Crosby Hall
For more information visit www.sandiegopetexpo.net


 

January 28-30, San Diego Lunar New Year Tet Festival


The Vietnamese community, in celebration of the Lunar New Year, is presenting a festival to promote homeland traditions.  There will be a mock structure of a Vietnam village where you’ll experience ancestral rituals and entertaining performances; plus contests, rides, food, and merchandise.  Admission is $5.00 for adults and $4.00 for kids.
Time:  Fri.  5:00 pm – 10:00 pm / Sat. 11:00 am – 10:00 pm / Sun. 11:00 am – 5:00 pm
Location:   Balboa Park – lawn area & parking lot at Park Blvd. & President’s Way
For more information visit www.sdtet.com


 

January 29, Lake Hodges Trail Run 5K

Another Tanzania benefit at Lake Hodges.  This event is a 5K run along the North Shore Trail.  Proceeds from this event will help build a biogas conversion tank for cooking at the Tumaini Childrens Village in Arusha, Tanzania (East Africa).
Time:  9:00 am
Location:  Lake Hodges – meet at the boat dock
For more information call 858-395-3320 or visit www.sunstrides.org


 

January 30, Bridal Bazaar


At the January Bridal Bazaar there will be thousands of wedding ideas, fashions, products and services…in one place.  You’ll meet more than 300 of San Diego’s most trusted wedding professionals offering everything you need to make your wedding extraordinary;  Ceremony and reception locations, photographers, videographers, DJs, musicians, cake and catering options, the latest trends in florals and décor from San Diego’s leading designers and much more!
Time:  10:00 am – 4:00 pm
Location:  San Diego Convention Center, 111 West Harbor Dr.
For more information visit www.bridalbazaar.com


 

 

 Please verify all information by calling or going to website for each event as times may change. Have fun!

Information provided by Lawyer’s Title.

 

If you need assistance with Title Insurance here are the people to contact: 

 STEVE HLAVACEK
   Corporate Account Manager

   Lawyers Title
   858.229.2162
   SHlavacek@ltic.com
   Office: 800.464.8444
   smteamlticsd.com

MARCOS MELIM
Account Manager

Lawyers Title
858.442.6278
MMelim@ltic.com
Office: 800.464.8444
smteamlticsd.com

 

 

 

 

 

 

 

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©Copyright 2012 SANDICOR MLS. All Rights Reserved. The multiple listing data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the SANDICOR MLS. Real estate listings held by brokerage firms other than this one are marked with the Broker Reciprocity logo. The information contained within this page is for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but is not guaranteed and should be verified by personal inspection or with the appropriate professionals.The data relating to real estate properties on this website was last updated as recently as 5/21/12 10:06 PM PDT.

This IDX solution is (c) Diverse Solutions 2012.