San Diego Home Info by Gretchen Pagnotta
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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.
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
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+++
8178 Run of the Knolls Court – Santaluz Home for Sale
Newly Listed 8178 Run of the Knolls Court in Santaluz – Virtual Tour!
Lovely Custom Home in Santaluz
If 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!
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
There 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:
Four 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
The 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
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
This information is compliments of Lawyers Title. if you need any title insurance information let me know!
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