Big Block Realty http://www.fenshi8.net.cn 100% Commission Real Estate Broker Mon, 19 Aug 2019 22:38:55 +0000 en-US hourly 1 http://www.fenshi8.net.cn/wp-content/uploads/2016/03/cropped-BBR-Vertical-Logo-32x32.jpg Big Block Realty http://www.fenshi8.net.cn 32 32 City of San Diego Real Estate Spotlight http://www.fenshi8.net.cn/city-of-san-diego-real-estate-spotlight/ Mon, 19 Aug 2019 22:38:55 +0000 http://www.fenshi8.net.cn/?p=11644   Our City of San Diego real estate spotlight features a bustling city.? ? City of San Diego Real Estate Spotlight Location ? Located in San Diego County, the City of San Diego sits on the Pacific Ocean coast about 120 miles south of Los Angeles. It’s also the last major California city before reaching […]

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Our City of San Diego real estate spotlight features a bustling city.?

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City of San Diego Real Estate Spotlight Location

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Located in San Diego County, the City of San Diego sits on the Pacific Ocean coast about 120 miles south of Los Angeles. It’s also the last major California city before reaching the U.S. – Mexico border.

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City of San Diego Facts

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San Diego, a Spanish term for “Saint Didacus”, a Franciscan lay brother who became a saint.

With over 1.4 million residents, it’s the second-largest in California and eighth-largest city in the U.S. according to July 2017 population estimates.?

Best known for its warm weather, natural deep-water harbor, extensive beaches, and the U.S. Navy presence.

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San Diego History

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Known as the “birthplace of California” discovered by Spanish explorer, Juan Rodriquez Cabrillo, in 1542. Cabrillo claimed the San Diego Bay area for Spain.

By 1821, San Diego became part of the Mexican Empire. In 1848, San Diego became part of the California territory after the Mexican-American War and became a state in 1850.

Before the arrival of the Europeans, San Diego’s original inhabitants included the La Jolla and San Dieguito people, descendants of the Kumeyaay people.

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City of San Diego Real Estate Spotlight

 

San Diego Geography

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San Diego lies upon 200 deep canyons and hills with small areas of natural open space providing hilly geography. Mesas between the hills and canyons ideal for homes and businesses built throughout San Diego.

The east-west running San Diego River cuts through the middle of San Diego establishing a river valley which divides San Diego City into north and southern segments.

Reservoirs and the Mission Trails Regional Park lie between and separating the city’s developed areas.

The three most notable mountains within San Diego’s city limits include:

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City of San Diego Demographics

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The U.S. 2010 Census set San Diego’s population at 1,307,400.

The estimate for 2018 sets the population at 1,425,977.

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San Diego Real Estate Market Trends 2019

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The San Diego Tribune predicted in June of 2019 that San Diego experiences a “gradual cooling of the housing market”. Home sales for June became the lowest for the past eight years.

The Fortune Builders (a real estate education company) site forecasts these trends:

  • An inventory shortage driving up home values into 2020;
  • San Diego real estate investments, while not cheap, remain a good option; and
  • San Diego’s real estate market remains one of the hottest in the U.S.

Fortune Builders concluded that San Diego boasts a median home value of $608,200 in 2019. Plus, home values could reach $665,000 in 2020.

Realtor.com forecast San Diego as amongst the 10 hottest real estate markets in the country for 2019.

10News.com predicts San Diego in 2019 as “one of the top cities” to live in.???

The U.S. Real Estate Forecast site states that in 2019 through 2020 San Diego’s real estate market as a “great time to sell”. Also, it’s an “exciting place to live and invest in”. Especially for rental properties investors.

Also, the Home Buying Institute on July 26, 2019, predicted:

  • California housing markets like San Diego in 2019 cooling down;
  • Home price appreciation slows down;
  • Many cities experiencing home price plateaus or dropping in 2020; and
  • Silicon Valley real estate market crash.

Yet, San Diego’s home prices rose around 1.8% over the past year. And they predict small gains for San Diego home prices over the next year, around 0.5% growth.

San Diego currently experiences limited inventory with a steady demand. Expect?San Diego’s home prices to “inch upward” in the rest of 2019 and into 2020.

 

City of San Diego Real Estate Spotlight

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City of San Diego Neighborhoods

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San Diego maintains more than 100 neighborhoods. The most popular ones include:

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San Diego Things to Do

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Trip Advisor recommends these San Diego activities:

La Jolla Cove La Jolla Cove Beach

 

Nature and Parks

 

La Jolla Cove

Rated #1 by 12,745 reviews. Great views, amazing scenery, kids love the experience. Beautiful birds, baby seals, and a clean beach provide a wonderful entire family trip. Watch the surf, view sea lions and seals, look at surfers, and enter sea caves.

Balboa Park

Rated #2 by 12,228 reviews for its botanical gardens, a world-class zoo, rose gardens, fountains, 15 great museums, shaded promenades, and cute international cottages for Sunday afternoon viewing.

San Diego Zoo

Rated #3 by 26,536 reviewers. Fun for the entire family! Located inside Balboa Park.

Torrey Pines State Natural Reserve

Ranked #4 by 3,604 reviewers. Marvelous views of the beach and ocean. Lots of trees, rocks, and sand for a wonderful hiking experience. Plenty of parking on the hiking trailhead. Amazing park hillside views.

Sunset Cliffs Natural Park

Rated #5 by 1,985 reviews. Enjoy the beauty of nature with terrific beach views. Fabulous sunsets! Beautiful white sand coved beaches with enjoyable tide pools. Incredible rock formations reminding reviewers of Big Sur.

Point Loma ??????

Rated #6 by 1,851 reviewers. Contains the famous Cabrillo Monument and the Old Point Loma Lighthouse. Also, the historic Fort Rosecrans National Cemetery.

Torrey Pines State Beach

Ranked #7 by 304 reviews. View surfers, fishermen, waders, sandcastle makers, shorebirds, and a beautiful beach. Nature walks along the bluffs and Torrey Pine trees. Stunning ocean views.

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San Diego Best Restaurants

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According to Trip Advisor, the following restaurants comprise the best in San Diego for 2019:

Ambrogio15 ranks #1 as the only 5 Stars (out of 5) rating from 220 viewers. Viewers love their Italian cuisine and pizzas. Many liked the Burrata e Prosciutto Crudo.

Parma Cucina Italiana ranks as #2 and received 4.5 Stars from 1,083 reviews. Specializes in Northern Italian cuisine. Many reviewers liked their mushroom truffle pasta along with profiteroles with Nutella and pork balsamic entrée.

Harney Sushi came in 3rd with 4.5 Stars from 401 reviews. Best sushi in the city. Others enjoyed their garlic manchego edamame and the soy truffle.

Veranda Fireside Lounge & Restaurant ranks #4 receiving 4.5 Stars from 441 reviews.?Reviewers liked their seafood dishes.

The Lion’s Share ranked #5 and earned 4.5 Stars from 166 reviews. Reviewers liked their boar sausage, elk loin, pork belly, and lamb tongue. Also, many liked the mushroom soup and Poutine.

Enoteca Adriano comes in as #6 with 4.5 Stars from 287 reviews. Another Italian restaurant where reviewers loved their Bolognese sauce pasta and their creamy Burrata wrapped in prosciutto ham with fig jam dressing.

Hodad’s ranked #7 with 4.5 Stars from 2,160 reviews. An American foods place where reviewers loved the bacon cheeseburger and other burgers.

Meze Greek Fusion ranks #8 with 4.5 Stars from 582 reviews. Greek and Mediterranean cuisine with Vegan and Gluten-Free options. Hummus and feta dip along with meatballs especially popular.

Truluck’s Seafood, Steak and Crab House ranks #9 with 4.5 Stars from 763 reviews. Their fresh scallops, crab, and swordfish dishes most popular.

Tender Greens ranked #10 with 4.5 Stars from 252 reviews. American vegetarian foods offering healthy and tasty meals.

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City of San Diego Best Schools

 

City of San Diego Real Estate Spotlight Schools

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According to the Great Schools Organization site, the following comprise the Best in San Diego for 2019:

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Elementary Schools

 

Sage Canyon School received 10 out of 10 Stars. A public K-6 school with around 750 students.

Creekside Elementary School also got 10 Stars. A public grades K-5 school with around 560 students.

Scripps Elementary School an equally 10 Stars. A public grades K-5 school with around 750 students.

Torrey Hills School another 10 Stars ranked public grades 4-6 school with around 570 students.

Solana Pacific Elementary School also 10 Stars offering public grades 4-6 schooling with around 575 students.

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Middle Schools

 

Carmel Valley Middle School got 10 Stars and offers public grades 7-8 with around 1,360 students.?

Mt. Everest Academy received 10 Stars offering a public school for grades 7-8 with 1,360 students.

Challenger Middle School receives 9 Stars as a public grades 6-8 school with around 980 students.

Mesa Verde Middle School earning 9 Stars, a public grades 6-8 with approximately 1,274 students.

Oak Valley Middle School earned 9 Stars offering public grades 6-8 with around 1,380 students.

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High Schools

 

Canyon Crest Academy earning 10 Stars as a public grades 9-12 high school with around 2,250 students.

Mt. Everest Academy got 10 Stars as a public high school with around 260 students.

Scripps Ranch High School receiving 10 Stars as a public high school with about 2,370 students.

Torrey Pines High School earned 10 Stars as a public high school with around 2,600 students.

Westview High School received 10 Stars as a public high school with around 2,300 students.

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Conclusion

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This City of San Diego real estate spotlight focused on a coastal second-largest city in California.

Features many hills and canyons and three mountains along with a deep water harbor and lots of sun and beaches. ?

Still ranked as one of America’s hottest real estate markets despite some “cooling” (only 1.8% price hike) trends in 2019. Prices should continue to inch upward into 2020.

Over 100 different types of neighborhoods to choose from. Great education for your children with:

  • Five 10 Star elementary schools; ?
  • Two 10 Star and three 9 Star middle schools; and
  • Five 10 Star high schools.

?Plenty of outdoor activities for your entire family including:

  • Beaches,
  • Parks,
  • Canyons,
  • Mountains,
  • Hiking trails; and a
  • World-famous zoo.

Many varieties of cuisines offered in the local restaurants. ???????

San Diego offers plenty for you and your family!

Contact Us so one of our Realtors can explain the many benefits of relocating to San Diego.

Steven Rich, MBA – Guest Blogger

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Search Local Real Estate Below Or Use Our: Home Search Tool:

HAVE ANY QUESTIONS?

Let us know, we love to help:

Call: (800) 550-3209

or Click: www.www.fenshi8.net.cn/contact

Big Block Realty – CA BRE #01885775

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City Heights, San Diego Real Estate Spotlight http://www.fenshi8.net.cn/city-heights-san-diego-real-estate-spotlight/ Mon, 05 Aug 2019 17:20:48 +0000 http://www.fenshi8.net.cn/?p=11594   Our City Heights, San Diego real estate spotlight showcases a large community with ethnic diversity. ? City Heights Location ? The main streets in City Heights include Fairmont Avenue, University Avenue, and El Cajon Boulevard. In fact, “Downtown” City Heights only includes the Fairmont and University Avenues area. These streets house large Southeast Asian, […]

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City Heights, San Diego Real Estate Spotlight

 

Our City Heights, San Diego real estate spotlight showcases a large community with ethnic diversity.

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City Heights Location

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The main streets in City Heights include Fairmont Avenue, University Avenue, and El Cajon Boulevard. In fact, “Downtown” City Heights only includes the Fairmont and University Avenues area.

These streets house large Southeast Asian, South Asian, Hispanic, Near Eastern, and Northeast African communities. They also provide diverse ethnic businesses including a variety of ethnic cuisines. Thus, City Heights is San Diego’s largest ethnic diverse community.

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City Heights History

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In the 1880s businessmen, Samuel Steiner and Abraham Klauber bought 240 acres near Balboa Park. They developed the area and called it “City Heights”.

In 1912, voters allowed the incorporation of City Heights originally called “East San Diego”.

By 1923, The City of San Diego annexed East San Diego and changed its name back to “City Heights”.

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City Heights, San Diego Real Estate Spotlight 3

 

City Heights Neighborhoods

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Outside of the downtown City Heights area, sixteen sub-neighborhoods exist. They consist of:

  • Azalea Park a vibrant arts community;
  • Bayridge;
  • Castle;
  • Cherokee Point;
  • Chollas Creek;
  • Colina Park;
  • Corridor;
  • Fairmont Park;
  • Fairmont Village;
  • Fox Canyon;
  • Hollywood Park;
  • Islenair (its historic district);
  • Ridgeview;
  • Swan Canyon;
  • Teralta East; and
  • Teralta West.

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City Heights Demographics

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According to Wikipedia:

  • The City Heights population stood at 102,590 in 2018;
  • Median age of 30 years old; and
  • Median household income of $39,650.

According to the City of San Diego government site, City Heights contains a population density of nearly 18,000 people per square mile. Almost 41% are foreign-born residents with 19% either unable to speak English or not very well. ?

More than 30 dialects and languages spoken in City Heights according to its local community organization.

In contrast, San Diego only has a population density of 4,300 people per square mile with 27% foreign residents and only 8% don’t speak English or not very well.

 

City Heights, San Diego Real Estate Spotlight 4

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City Heights Real Estate Market

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In 2015, the San Diego Magazine reported a “Renaissance” of new developments in City Heights. These included:

The Niche,com site provides the following City Heights real estate market trends for 2019:

  • The?Median Home Value = $255,920;
  • Median Rent = $1,096;
  • Median Household Income = $37,720;
  • Home Renters = 78%; and
  • Home Owners = 22%.

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City Heights, San Diego Real Estate Spotlight 5

 

City Heights Things to Do

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According to the SanDiego.org site, City Heights offers diverse arts and culture in the heart of San Diego. Residents enjoy plenty of gardens and farmers markets and green spaces.??

AjA Project Gallery on Fairmont Avenue provides a 4,000 square foot education center for the community’s youth and gallery showcasing photographs taken by immigrant residents.?

Azalea Community Park influenced by many local artists includes the Water Conservation Garden featuring a collection of creative sculptures, murals, and unique plants. Provides children’s play areas, outdoor basketball courts, BBQ grills, picnic tables, and a community building for classes and meetings.

Colina Del Sol Park rated 4.5 Stars by Yelp. A family-friendly park with children’s playground and plenty of lawns.?

Manzanita Canyon for great hiking trails amongst trees and streams.

Olivia Canyon (also called “47th Street Canyon”). It’s part of the City Heights Canyons Loop Trail system.

New Roots Community Farm where 85 families maintain growing spaces. Most were farmers in their home countries. Members also operate the Downtown El Cajon Farmer’s Market and help manage the City Heights Farmers Market. Great place to shop for ethnic foods.

San Diego Peace Garden another community garden managed by Second Chance for their youth program.

Park de la Cruz with a large skateboard area opened in 2018. Covers over 19,000 square feet with night lighting.

Little Saigon a Vietnamese Cultural and Commercial District situated in a six-block area of El Cajon Boulevard. They celebrate their traditional Lunar New Year Festival since 2006 at the Mira Mesa Community Park.?

International Village Celebration held annually in late spring or early summer highlights the neighborhood’s ethnic diversity. Features ethnic foods, music, and dance.

 

City Heights Restaurants

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The vast cultural diversity in City Heights provides a wide variety of cuisine. These include:

  • Chinese;
  • Ethiopian;
  • Mexican;
  • Somali; and
  • Vietnamese.?

 

The best City Heights restaurants include:

 

Lotus Garden Seafood and Noodles for Chinese especially for their Chicken Chow Fun at the corner of Euclid and University.

777 Noodle House recommended by the San Diego Reader for Thai food and Chinese noodles located on University Avenue.

Fatuma’s Restaurant for Somali foods like their spicy teas and traditional sambusas.

Asmara for good Eritrean and Ethiopian foods on University Avenue.

Bleu Bohème for French cuisine providing a warm ambiance with friendly staff and traditional French bohemian décor. Reviewers like their Steak Paillards with Scrambled Eggs.

Chiquita’s Mexican Restaurant considered the best Mexican restaurant in City Heights. Family-owned since 1967 offering delicious margaritas and certified Black Angus beef.

Flavors of East Africa whose owner from Kenya offers authentic East-Africa cuisine.?

Red Sea as the oldest authentic Ethiopian restaurant rated the 2nd best in City Heights. Serves great Ethiopian coffee claiming Ethiopia as the birthplace of coffee.

Maxim’s Seafood Restaurant serves Vietnamese cuisine in an old school décor setting.

Que Huong Restaurant on University Avenue serves quality Vietnamese foods. Reviewers especially like their marinated deer meat and the Hanoi style Grilled Snapper.

Not a restaurant, Pancho Villa Farmers Market is the best grocery store for Mexican foods.

 

City Heights, San Diego Real Estate Spotlight 6


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City Heights Schools

 

A member of the San Diego Unified School District.

City Heights contains 12 public elementary schools, three charter schools, three public middle schools, and two public high schools.

The Niche.com site rates these schools as the best in City Heights:

 

Other City Heights High Schools

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Conclusion

 

As you just read, our City Heights, San Diego real estate spotlight features a large ethnic community. Asians, Hispanics, Near East, and Africans live together offering diverse cultures and foods.

In 2018, over 102,000 residents with a median age of 30. Over 40% are foreign-born residents speaking more than 30 languages and dialects.

In 2019, the Median Home Value is $255,920.

Plenty of ways to enjoy the diverse arts and culture in City Heights. Also, four nearby canyons to hike and explore.

Lots of great ethnic foods restaurants to enjoy for all tastes.

Five highly ranked schools to choose from in this community.

Contact one of our Realtors to find out about available homes in this culturally rich community.

Steven Rich, MBA – Guest Blogger

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Search Local Real Estate Below Or Use Our: Home Search Tool:

HAVE ANY QUESTIONS?

Let us know, we love to help:

Call: (800) 550-3209

or Click: www.www.fenshi8.net.cn/contact

Big Block RealtyCA BRE #01885775

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Escondido Real Estate Spotlight http://www.fenshi8.net.cn/escondido-real-estate-spotlight/ Tue, 30 Jul 2019 23:01:23 +0000 http://www.fenshi8.net.cn/?p=11553   This Escondido real estate spotlight features a small city of only a little less than 144,000 according to the 2010 U.S. Census. ? One of San Diego County’s oldest cities incorporated in 1888. “Escondido” is Spanish for “hidden”. ? Escondido Location ? Only 30 miles from downtown San Diego. Situated in a narrow valley […]

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Escondido Real Estate Spotlight

 

This Escondido real estate spotlight features a small city of only a little less than 144,000 according to the 2010 U.S. Census. ?

One of San Diego County’s oldest cities incorporated in 1888. “Escondido” is Spanish for “hidden”.

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Escondido Location

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Only 30 miles from downtown San Diego. Situated in a narrow valley enclosed by stony hills. Taking up a total area of 37 square miles.? Surrounded by unincorporated communities with small populations. Like Hidden Meadows and Jesmond Dene to the north. Rincon Del Diablo to its southeast. And Felicita Park to its southwest.

These communities use Escondido in their mailing addresses and their children attend Escondido schools.

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Escondido Demographics

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Wikipedia provides the following demographics for Escondido:

  • The Median Age of residents = 33 years;
  • Percentage of Homeowners = 62%;
  • Single Residents = 24%;
  • College Educated = 36%; and
  • Median Household Income = $56,600.

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Escondido Real Estate Spotlight Neighborhoods

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Escondido Real Estate Spotlight Ariel View

 

The 2010 U.S. Census showed nearly 99% of the population living in households.

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The most important Escondido neighborhoods include:

Old Escondido bounded by Chestnut Street to its east, Escondido Boulevard to its west, Thirteenth Avenue to its south, and Fifth Avenue to its north. Most of the area consists of single-family housing.

Downtown Escondido located on Grand Avenue between Palomar Hospital and Centre City Parkway. Takes up 460 acres. Escondido Creek splits the city.

The Valley Center community sits north of Escondido. A casino owned and operated by the San Pasqual Tribe of the Diegueno Indians called the Valley View Casino.

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Escondido Economy

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The City’s Comprehensive Annual Financial Report of 2017 showed the top employers as:

?Dr. Bronner’s Magic Soaps headquarters located in Escondido. Also, the Stone Brewing Co. maintains its brewery and headquarters in the city since 2006.

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Escondido Real Estate Spotlight Ariel View

 

Escondido Real Estate Market

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Trulia describes the Escondido real estate market trends as:?

No. Bedrooms??? Apr 4 – Jul 3 y-o-y??? 3 months prior ? 1 year prior

1 Bedroom???????? $214,750 (-0.1%)????????? $225,000???????? $215,000

2 Bedroom???????? $369,500 (-1.3%)????????? $350,000 ? ? ? ?? $374,500

3 Bedroom???????? $532,000 (+ 4.2%)???????? $491,500 ? ? ? ? $510,500

4 Bedroom ??? ?????$635,000 (-1.1%)?????????? $585,000?? ?????$642,000

All Properties???? $520,000 (0.0%)??????????? $490,000 ? ? ? ? $520,000

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Trulia also summarizes the Escondido real estate market for 2019 as:

Median Sales Price???????????? Price per Sqft???????? Median Rent per Month

$520,000?????????????????????????????? $299 ????????????????????????? ??$2,600

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Escondido Attractions

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California Center for the Arts provides live concerts, performances, events, and educational programs for the entire community.

Escondido History Center featuring the city’s first library and Santa Fe Depot. Also includes a blacksmith shop, a barn, and a Victorian House.

San Diego Children’s Discovery Museum includes hands-on programs and exhibits for kids up to 10 years of age focusing on regional social and natural sciences.

Escondido Public Library includes a Pioneer Room offers photos, oral histories, maps, directories, genealogical collections, and yearbooks about the history of Escondido.

Friday Night “Cruisin’ Grand” car rally featuring pre-1970 vintage cars on seven blocks of Grand Avenue.

Second Saturday Art Walk hosted by the nonprofit art organization, The Escondido Art Partnership created in 1995. The Art Walk features several museums and galleries.

The Betty Woodman Memorial Art Library offers art books for the local community.

The Municipal Gallery includes five galleries and five art study areas.

 

Escondido Real Estate Spotlight Grape Day Park

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Escondido Parks

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Grape Day Park located behind the Performing Arts Complex and the Escondido City Hall. Named after the annual grape harvests.

Daley Ranch a 3,000-acre conservation area-preserving unique biological habitats. Includes over 20 miles of six equestrian trails perfect for hiking and mountain biking. The most popular trails include Ranch House Loop Trail (2 miles) passing two ponds and the site of the original Daley’s log cabin and Boulder Loop Trail (2.5 miles) with stunning views of Escondido. View lots of wildlife like coyotes, deer, rabbits, bobcats, and hawks. Occasionally, cougars roam the area.

Dixon Lake sits outside of the Daley Ranch north of Escondido. The lake supplies Escondido’s freshwater. While prohibiting swimming, boat rentals and fishing allowed. Over 30 campsites looking out over the lake. Park entrance is free. But, the city charges $5 for every car going into the park. Lots of free parking available. The city stocks a variety of fish like Bass, Catfish, Carp, and Trout. Annually, a Trout Derby event takes place here.

Lake Wohlford located in northeast Escondido offers walking trails and allows fishing. The famous Smokey’s Lake Wohlford Café sits on the north shore featuring fresh all you can eat catfish meals since 1949.

Washington Park located on the east side of Escondido offers an urban park setting. Lighted fields provide baseball, basketball, and tennis, and a 25-yard swimming pool with a water slide, and a small children’s pool. Lots of shady trees for picnics with tables.

Grove Park dedicated to the city’s agricultural history located in the Mission Park neighborhood takes up 4.5 acres.

Frances Ryan Park, a 66 acre complex with 7 soccer fields (5 with lights) provides restrooms and concession stands.

Felicita County Park sits in a lush 345-acre area within the San Dieguito watershed with large ancient oak trees. Felicity Creek flows through this county maintained park. Offers two playgrounds, 2.5 miles of walking trails, a small museum, and restrooms. Open every day from 9:30 am to sunset with $3 parking fee.

San Diego Zoo Safari Park close to Escondido as a sister park to the world-famous San Diego Zoo. Offers 1,800 acres featuring African wild animals. Over 2 million people visit this park annually. Contains over 2,600 animals from over 300 species.

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Escondido Shopping

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The Escondido World Marketplace, a flea market operating for over 40 years features new and used merchandise and food booths.

The Farmers Market offers locally grown fruits, flowers, and vegetables in downtown Escondido.

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Escondido Restaurants

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Trip Advisor recommends these Escondido restaurants:

Cenote Grill offering Southwestern Mexican cuisine. Their Chili Relleno Burrito got the highest ratings from 280 reviewers. ?

Stone Brewing World Bistro & Gardens where 850 reviews raved about their Impossible Burger, a veggie alternative to meat.

Vintana Wine & Dine with 575 reviewers recommending their Lobster Bisque, Cioppino, and Fresh Catch of the Day.

Pho Truc Xanh specializing in Asian and Chinese cuisine. 90 reviewers liked their Orange Chicken and Steamed Dumplings.

Delight of France Bakery with 148 reviews with many raving about their Crepes and Fresh Pastries.

Bellamy’s where 141 reviews really liked their Sorbet.

Filippi’s Pizza Grotto with 194 reviews liking their fresh bread and pasta dishes.

Vincent’s 144 reviewers liked their Rack of Lamb.? ?

Brigantine Seafood Restaurant where 110 reviewers liked their Crab/Lobster Cobb Salad.

Grand Tea Room with 68 reviewers enjoying their classy experience.

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Escondido Real Estate Spotlight Escondido High School

 

Escondido Schools

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Maintained by the Escondido Union School District, the city has 33 schools.

The highest rated schools include:

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Escondido Elementary Schools

Olivenhain Pioneer Elementary School with a 10 (out of 10) Star Rating provides public education for Kindergarten through 6th grade.

R. Roger Rowe Elementary School in nearby Rancho Santa Fe earned a 9 Star Rating from the Great Schools Organization offering public education for grades Pre-Kindergarten through 5th grade.

Carrillo Elementary School also earned a 9 Star Rating offering public education for grades Kindergarten through 5th grade.

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Escondido Middle Schools

Three middle schools received high rankings:

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Escondido High Schools

Classical Academy High School earned a 9 Star Rating offering a charter school education for grades 9th through 12th grade.

Other highly ranked high schools include:

 

Conclusion

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Our Escondido real estate spotlight focuses on a “hidden” small city in San Diego County.

Just 30 miles from downtown San Diego, Escondido where the average house sells for $520,000.

Boasting an amazing number of parks and conservation areas offering a variety of outdoor year-round activities. Plenty of museums and cultural events and great schools and fine restaurants your whole family will enjoy. Even includes a full casino for adults.

Contact Us to discover more about the benefits of buying a home in Escondido.

Steven Rich, MBA – Guest Blogger

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Search Local Real Estate Below Or Use Our: Home Search Tool:

HAVE ANY QUESTIONS?

Let us know, we love to help:

Call: (800) 550-3209

or Click: www.www.fenshi8.net.cn/contact

Big Block RealtyCA BRE #01885775

?

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Chula Vista Real Estate Spotlight http://www.fenshi8.net.cn/chula-vista-real-estate-spotlight/ Mon, 15 Jul 2019 18:17:28 +0000 http://www.fenshi8.net.cn/?p=11531   Our Chula Vista real estate spotlight features the second largest city in San Diego’s metropolitan area. Covering 52 square miles, Chula Vista also the second largest area in San Diego County. In Spanish, the words “Chula Vista” means beautiful view. ? Chula Vista Real Estate Location ? Chula Vista located only 7.5 miles from […]

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Chula Vista, California Real Estate Spotlight

 

Our Chula Vista real estate spotlight features the second largest city in San Diego’s metropolitan area.

Covering 52 square miles, Chula Vista also the second largest area in San Diego County. In Spanish, the words “Chula Vista” means beautiful view.

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Chula Vista Real Estate Location

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Chula Vista located only 7.5 miles from downtown San Diego. Also, an equal distance from the Mexican border.

Nestled between the foothills of San Ysidro and the Jamul Mountains. Its north and south borders the Otay River and the Sweetwater River. Its east and west borders San Diego Bay.

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Chula Vista Real Estate History

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Along with San Diego, the Kumeyaay Indians inhabited the area before the Spanish came. By 1821, the Mexican Empire included Chula Vista. When California joined the United States after the Mexican-American War ended?in 1848, it included Chula Vista.

Incorporated in 1911, Chula Vista experienced fast population growth. By 2013, Forbes declared Chula Vista as the second fastest growing city in the U.S. increasing by 17.7%.?

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Chula Vista Real Estate Demographics

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The 2010 U.S. Census reported Chula Vista’s population as 243,915. Over 99% of its population lived in households.

In 2015, over 31,000 Filipino Americans lived in Chula Vista. Filipinos became the majority of the 48,800 Asian-Americans living in Chula Vista.

A post office in Chula Vista’s Eastlake neighborhood renamed the Jonathan “J.D.” De Guzman Post Office Building in honor of a Filipino-American San Diego police officer killed in the line of duty in 2016.

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Chula Vista Economy

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Chula Vista’s small business sector services its tourism industry. Therefore, many dining, shopping, and cinema venues exist. Lots of golf courses too.

The top employers include:

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Chula Vista Real Estate Neighborhoods

 

Chula Vista East, California Real Estate Spotlight

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East Chula Vista

Started in the 1980s and developed from an annexed area of California State Route 125 and Interstate 805.

By 2008, the Los Angeles Times reported that East Chula Vista experienced such rapid growth by upper-class Mexicans escaping the crime and violence of nearby Tijuana. Many wealthy Mexicans cruised the neighborhood in their BMWs and Mercedes-Benzes, according to the Times.

The Times declared East Chula Vista as the “U.S. Haven for Tijuana’s Elite”.

In 2018, downtown San Diego connected with East Chula Vista with a new “Rapid” bus route.?

 

West Chula Vista California Real Estate Spotlight

 

West Chula Vista

The original Chula Vista includes the area north of L Street and west of Hilltop Drive now called “West Chula Vista”.

West Chula Vista does not have a Mello-Roos otherwise called a Community Facilities District (CFD). In California, CFD special districts established by local governments. The CFD provides public funding for public works and services.

Thus, West Chula Vista developed a separate civic identity. ??

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Chula Vista Real Estate Market

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Trulia reports these trends about the Chula Vista real estate market in 2019:

  • Increase by 4% ($20,000) in median home sales during the past year;
  • Yet, the average price per square foot fell from $306 to $301.

As of June, 2019 the median sales prices:

  • One bedroom home = $225,000 (down 3.6%);
  • Two bedroom home = $371,000 (down 1.1%);
  • Three bedroom home = $486,000 (up 1.4%);
  • Four bedroom home = $601,000 (up 2.9%);
  • All Properties = $520,000 (up 4%).

 

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Chula Vista Overview California Real Estate Spotlight

 

Chula Vista Overview

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The City of Chula Vista government site and the Chula Vista Chamber of Commerce site provides this overview.

With its name meaning “beautiful view” visitors and residents enjoy fantastic views of the mountains, coastline, and open space with great year-round weather. Its miles of trails beckon cyclists, hikers, joggers, birders, and outdoor enthusiasts.

Dining, shopping, and entertainment options abound with its historic downtown district and two major malls.

Chula Vista Center located in convenient downtown boasts, dining, major retailers, movie theaters, and much more with over 100 shops since it opened in 1962.

Otay Ranch Town Center provides outdoor shopping, entertainment, and dining. A bustling, urban open-air center featuring many amenities including outdoor cafes, a library, an adjacent dog park, and pet-friendly settings. Also, includes a fireplace, food pavilion, and a play fountain for children.

Third Avenue Village is the city’s culture center featuring historic buildings, landmark restaurants, quaint shops, outdoor musical concerts, and a weekly farmers’ market.

The city boasts 60 sports fields and parks all well-maintained and available for picnics, recreational activities, and sports. Including four golf courses offering a variety of challenges.

The Aquatica SeaWorld Waterpark offers 32 acres of water including slides, rides, and exotic marine animals. ?

The Chula Vista Elite Athletic Training Center showcases America’s best athletes. It’s an official United States Olympic Training Center.

The North Island Credit Union Amphitheatre features world-class entertainers performing reggae to roll and roll making it San Diego County’s best outdoor music site.

Chula Vista’s unique neighborhoods along with nationally recognized entertainment venues performing in year-round warm weather beckon families. In addition, historic downtown and an award-winning nature center attract businesses and families.

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Living Coast Discovery Center Chula Vista Overview California Real Estate Spotlight

 

Chula Vista Attractions

 

Living Coast Discovery Center home for interactive exhibits of the history and geological aspects of San Diego Bay and the Sweetwater Marsh. This Center also contains exhibits about birds of prey, water birds, stingrays, sharks, flora, and insects.

Otay Valley Regional Park,?partially located within Chula Vista includes a natural river valley.

OnStage Playhouse, since the 1980’s Chula Vista’s only community theatre. It’s all volunteer cast puts on six productions annually in its 60 seat theatre.

The?Chula Vista Marina, located in South Bay includes many marinas and home to the Chula Vista Yacht Club. Offers whale watching and sports fishing.

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Chula Vista Dining

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Trip Advisor recommends these Chula Vista restaurants in 2019:

Italianissimo Trattoria earned 5 Stars (out of 5) from 210 reviews. Considered the best Italian restaurant in Chula Vista making it Ranked #1 with Trip Advisor.

Family House of Pancakes ranked as the #2 restaurant in Chula Vista earning 4.5 Stars from 217 reviewers. Offer a full variety of breakfast meals and many types of pancakes.

Tacos El Gordo De Tijuana ranks #3 with 4.5 Stars from 331 reviews. The best Mexican food in Chula Vista.

Aunt Emma’s Pancakes ranks #4 with 4 Stars from 247 reviews. Chula Vista residents must love pancakes. Also, vegetarian-friendly offering a wide breakfast menu.

Zorbas Greek Restaurant & Buffet ranks #5 with 4 Stars from 160 reviews. Authentic Greek cuisine! Also, vegan and vegetarian-friendly.??

Black Angus Steakhouse came in as #6 from 162 reviews with a 4 Stars rating. A very popular after work Happy Hour hangout too.

La Bella Pizza Garden ranks #7 with 4 Stars from 131 reviews. Pizzas and Italian food perfect for a date night. Best pizza and lasagna in Chula Vista. Vegetarian-friendly too.

La Quinta Grill ranked #8 with 4 Stars from 73 reviews. Rated the 2nd best Mexican restaurant in Chula Vista. Favored by locals because it’s quiet and convenient.?

Souplantation & Sweet Tomatoes ranked #9 with 4 Stars from 55 reviews. Soups, salad, and veggie buffet heaven. Vegan and vegetarian-friendly too.

Miguel’s Cocina ranks #10 with 4 Stars from 56 reviewers. Southwestern Mexican foods in a relaxing atmosphere.

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Sweetwater Union High School District California Real Estate

 

Chula Vista Schools

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Chula Vista hosts the Sweetwater Union High School District headquarters which oversees the Chula Vista Elementary School District.

The local school district contains 44 campuses of grades kindergarten through the sixth grade making it the largest in California.

Also, Chula Vista hosts a private college called the Southwestern College founded in 1961 educating nearly 20,000 students.

 

Conclusion

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This Chula Vista real estate spotlight focused on the second largest land area in the county and the second largest city in San Diego’s metropolitan area.

Only 7.5 miles from the Mexican border and downtown San Diego. A racially diverse city with the vast majority living in households. Most employed by schools and medical centers and an aerospace facility.

Median home sales prices increased by 4% over the past year. Yet, a four-bedroom home only costs around $600,000.

Chula Vista offers its residents lots of open space and outdoor activities. Plenty of cultures and a variety of dining options too. ?

Contact Us so one of our Realtors can explain the benefits of moving to Chula Vista.

Steven Rich, MBA – Guest Blogger

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HAVE ANY QUESTIONS?

Let us know, we love to help:

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Pacific Beach in San Diego Real Estate Spotlight http://www.fenshi8.net.cn/pacific-beach-in-san-diego-real-estate-spotlight/ Mon, 08 Jul 2019 22:08:59 +0000 http://www.fenshi8.net.cn/?p=11431   This Pacific Beach in San Diego real estate spotlight focuses on the community rather than a specific condo building. A while back we wrote about The Plaza Condos at Pacific Beach. Here ? Pacific Beach, San Diego Spotlight ? The Pacific Beach neighborhood in San Diego bounded by the Pacific Ocean to its west, […]

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This Pacific Beach in San Diego real estate spotlight focuses on the community rather than a specific condo building. A while back we wrote about The Plaza Condos at Pacific Beach. Here

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Pacific Beach, San Diego Spotlight

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The Pacific Beach neighborhood in San Diego bounded by the Pacific Ocean to its west, Mission Bay and Mission Beach to its south, La Jolla to its north, and Interstate 5 to the east.?

Pacific Beach offers one of San Diego’s liveliest nightlife scenes. Best known as “PB” by the locals. It’s Garnet Avenue and Mission Boulevard streets contain ample restaurants, bars, and clothing stores.

But, it’s more well-known for the numerous parks and beaches.

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Pacific Beach, San Diego Real Estate

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In 2019, the average price for a Pacific Beach home is $1.3 million. Pacific Beach neighborhood homes stay on the market an average of 49 days.

The total population in Pacific Beach is around 50,000. Their median age is 31.3 years. The population evenly divided between men and women. Most obtained a college degree.

Most PB’s are white-collar workers at private companies. Average household income at $95,000. Nearly 23,000 households in Pacific Beach. Almost everyone owns a car.

 

Pacific Beach, San Diego Parks

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Imagine seven parks in one neighborhood!

Pacific Beach even boasts the biggest aquatic park in the U.S. Here’s summary and links to each park.

Mission Bay Park with more than 4,230 acres of water and land makes it the country’s largest aquatic park. Includes 19 sandy beaches along 26 miles of shoreline. Eight of them offer designated swimming areas. Over 15 million visitors enjoy this park every year.

Kate Sessions Memorial Park loved by dogs and picnickers for frolicking and enjoying fabulous views.

Crown Point Park on the bay where locals gather for the traditional Fourth of July fireworks display.

Law Street Beach Park offering fantastic sunset views and yoga.

Tourmaline Surfing Park provides a remote beach location near Pacific Beach where locals enjoy surfing.

Pacific Beach Recreational Center Park offering recreational facilities like lighted tennis and basketball courts, gyms, weight rooms, games room, lighted multi-purpose athletic field, and a children’s sandlot.

Fanuel Street Park located at the end of Pacific Beach. Popular with local joggers. Loved by families due to its large playground facilities perfect for toddlers and older children.

Besides the seven parks, Pacific Beach also enjoys open space and rich wetlands through Rose Creek flowing through Pacific Beach before reaching Mission Bay.

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Pacific Beach, San Diego Beaches

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Three beaches known as “The Strand” by locals consisting of:

Mission Beach nestled on the south side of Mission Drive.

Pacific Beach stretching from the La Jolla cliffs to Mission Bay. Also, it contains the Capehart Dog Park with its fenced-in area for dogs to roam and frolic without leashes.

North Pacific Beach located north of the Boardwalk and Crystal Pier.

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Pacific Beach, San Diego Attractions

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Trip Advisor recommends these Pacific Beach, San Diego attractions:

Pacific Beach Boardwalk known as the “Ocean Front Walk on Ocean Boulevard”, but the locals call it the “Boardwalk”. Providing a 3-mile beachfront pedestrian walkway. Offering lots of bars, restaurants, small shops, and hotels. A great “people watching” spot.

Tuesday Farmers Market for fresh fruits, vegetables, herbs, bread, meats, flowers, and produce. Open every Tuesday between 2 p.m. to 7 p.m. Located at Bayard between Garnet Ave, and Grands Ave. The prepared foods include take out and on the spot stands and gourmet foods. Their Information Booth allows using your debit or credit cards to purchase Market Money accepted by all vendors.

Crystal Pier offers a public pier and hotel located near the Boardwalk on Garnet Avenue.?

Mission Bay Golf Course a 46-acre 18 hole executive golf course. San Diego’s only golf course with night lights. A par 58 course where Tiger Woods won a Junior World title.? Features waterfalls, lots of trees and foliage, and ponds in a luxury setting. Buy a local Resident Card for $25 and get year-round discounts.

Pacific Beach/Taylor Library (12,480 square foot) hosts many events year round. So many, they maintain an online calendar of upcoming events. Here

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Pacific Beach, San Diego Restaurants

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Four Square recommends these Pacific Beach, San Diego restaurants:

Restaurante Costa Brava for their Spanish tapas, sangria, and paella.

Oscar’s Mexican Seafood especially for their fish tacos.

JRDN for their steamed mussels, fantastic risotto, and beet salad with warm mussels. Reviewers loved dining in their outdoor patio.??

 

Trip Advisor recommends these Pacific Beach, San Diego restaurants:

The Fishery rated 4.5 Stars (out of 5) by 360 reviews for its fresh seafood.

Sushi Ota another 4.5 Stars from 820 reviews for their fresh sushi.

Kono’s Café got 4.5 Stars from over 1,170 reviews for their American style breakfasts.

Taco Surf also got 4.5 Stars from 211 reviews for their Mexican food and fish tacos.

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Best Bars in Pacific Beach, San Diego

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So many great bars located in Pacific Beach!

Here’s a link to a list and description of the 13 best bars (with photos) published by the San Diego Entertainer Magazine. Here

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Pacific Beach, San Diego Schools

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A member of the San Diego Unified School District. Pacific Beach community schools include:

Barnard Elementary teaching students K-5 grades both English and Mandarin Chinese.

Kate Sessions Elementary a small school located in North Pacific Beach.

Pacific Beach Elementary rated by the Great Schools organization 9 Stars (out of 10) for academic testing results.?

Crown Point Elementary where their “Music Opens Minds” program focusing on music to educate their students.

Pacific Beach Middle School a 60-year-old school also offering Mandarin Chinese language classes.

Mission Bay Senior High School a public magnet high school with a renowned jazz program. Since 2006, they offer an International Baccalaureate Diploma Programme (IBDP) a two-year program for 16 to 19-year-olds.

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Conclusion

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Our Pacific Beach in San Diego real estate spotlight describes a small community loaded with beautiful parks and beaches. Also, “P.B.” provides an active nightlife.

Renowned public schools with two of them offering courses in Mandarin Chinese. Another teaches their students through music. Also, their high school offers an IBDP college prep program.

Great restaurants especially for seafood and Mexican cuisine.

Contact Us to learn more about the Pacific Beach, San Diego neighborhood and available homes.

Steven Rich, MBA – Guest Blogger

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Search Local Real Estate Below Or Use Our: Home Search Tool:

HAVE ANY QUESTIONS?

Let us know, we love to help:

Call: (800) 550-3209

or Click: www.www.fenshi8.net.cn/contact

Big Block RealtyCA BRE #01885775

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Coronado Beach South Island Real Estate Spotlight http://www.fenshi8.net.cn/coronado-beach-south-island-real-estate-spotlight/ Mon, 08 Jul 2019 16:57:14 +0000 http://www.fenshi8.net.cn/?p=11380   Our Coronado Beach South Island real estate spotlight highlights a San Diego neighborhood located within the beach community of Coronado. Homes range from 1920s vintage to newer constructed. Easy access to beaches, San Diego Bay and the city of San Diego. A prominent neighborhood on Coronado Island featuring large estate homes. Close to the […]

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Coronado Beach South Island

 

Our Coronado Beach South Island real estate spotlight highlights a San Diego neighborhood located within the beach community of Coronado.

Homes range from 1920s vintage to newer constructed. Easy access to beaches, San Diego Bay and the city of San Diego. A prominent neighborhood on Coronado Island featuring large estate homes. Close to the historic Hotel Del Coronado.

Don’t get confused with our past spotlight on the Coronado Shores condos. Here

This spotlight focuses on a different part of Coronado.

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Coronado Beach South Island History

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Originally, two separate islands existed: Coronado South Island and Coronado North Island. Over time, ocean currents deposited sediments connecting the two islands. Sediment also connected the two islands to the mainland. Currently, considered a peninsula. Yet, “Coronado Peninsula” never gained acceptance amongst locals.

The County of San Diego property tax bills officially calls this area “Coronado Beach South Island”.

The U.S. military occupied the other side of Coronado Island since 1917. Known as the “Naval Air Station North Island”.

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Coronado Beach South Island

 

Coronado Beach South Island Location

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Just off the Coronado Bridge connecting the City of San Diego to Coronado Island.

Nearby neighborhoods include:

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Coronado Beach South Island Real Estate Market

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San Diego real estate agents describe the Coronado Beach South Island neighborhood as “quaint”, “charming”, “historic”, and “beautiful beaches”.? ?

According to Redfin, the 2019 Coronado Beach South Island real estate market trends show:

  • Median List Price of $2.15 million;
  • Median List Square Foot Price = $987;
  • Average Selling Price at 95.5% of the median list price;
  • Average Down Payment of 49%;
  • Number of Sold Homes = 23; and
  • Median Sales Price Square Foot = $967.

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Coronado Beach South Island

 

Coronado Beach South Island Things to Do

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Coronado Beach

Their?Coronado Beach the most popular neighborhood beach.

Dr. Beach which rates the best beaches in America since 1989 using criteria of 50 factors such as sand softness, water temperature, public safety, and views.

In June of 2019, Dr. Beach awarded Coronado Beach as the 9th Best Beach in America.

Stretches for 1.5 miles with a very flat soft white sand because of the presence of mica giving the sand a silvery sheen. Perfect for walking and skim boarding. Popular with surfers, swimmers, beachcombers, and sunbathers. Families arrive early armed with coolers, beach towels, umbrellas, and picnic baskets and bask in the sun all day.

Coronado Beach offers:

  • Lifeguards from 9 am to dusk with a lifeguard tower;
  • Restrooms and showers;
  • Fishing in front of the Hotel Del Coronado;
  • Tide pools;
  • A dog run at its north end;
  • Fire rings; and
  • Free parking.

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Coronado Beach South Island Tidelands Park

 

Coronado Tidelands Park

The Tidelands Park located next to the Coronado Bridge entrance offers:

  • A skate park;
  • Sports fields; and a
  • Sandy beach on San Diego Bay.

Its small beach lined with palm trees with a paved “Bayshore Bikeway” popular with bikers, walkers, and joggers. At its south end, sailboats tie up to offshore buoys and use dinghies to reach the beach.

Very popular with stand-up paddleboards and kayaks available to rent and the nearby Ferry Landing.

The park also provides a play area for children, picnic tables and restrooms. Free parking also available.

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Centennial Park??

Centennial Park provides a small sandy beach on San Diego Bay. Great views of the downtown San Diego Skyline from the beach and its grassy park.

Actually, two beaches consist of Centennial Park. The popular park beach contains tall palm trees near the Ferry Landing. The second beach set away from the landing offers a quieter surrounding.? ?

 

Hotel Del Coronado

Built in 1888, this historic Hotel Del Coronado remains a very popular site to visit by tourists and locals alike. Showcases a classic Victorian architecture with a peaked red roof which awes visitors and guests.?

Dining at the Del provides seven dining experiences ranging from sea-to-table cuisines and their legendary Crown Room Brunch.

 

Coronado Local Farmers Market

 

Coronado Local Farmers Market

Coronado Farmers Market only held on Tuesdays in the afternoon from 2:30 to 6 pm. Situated near the Ferry Landing parking lot. Considered the longest running farmer market in San Diego County. Vendors sell flowers, meats, fresh produce, crafts and more.

 

Coronado Dog Beach

The Coronado Dog Beach lives up to its name as dogs run freely. The only beach on Coronado Island allowing for off-leash.

However, dogs only allowed off leashes in a designated area with signs. You must keep your dog on a leash from the parking lot to the designated area.

 

Coronado Ferry Landing

 

Coronado Ferry Landing

The Coronado Ferry Landing sits next to a great shopping village offering boutique shops for both sexes, souvenirs, designer sunglasses, and more. Next to the ferry landing are rentals for bikes, stand-up paddle boards, and kayaks.

 

Lamb’s Players Theater

Lamb’s Players Theater, since 1971 a professional non-profit performing arts theater in Coronado.

 

The Village

The Village” movie theatre operating for over 65 years at the same location contains 3 theatres. Although a historic building, it offers 3D and other states of the art media.

Visit the Coronado Tourist Information site for more insight into these things to do. Here

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Best Coronado Bars and Restaurants

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Il Fornaio considered the best by many locals as the best restaurant. Authentic Italian cuisine for seafood and meat lovers along with vegan and vegetarian options.

The Tavern as the best bar by locals features casual attire and a great meeting spot. Craft beers and hearty food along with an outdoor patio area. Inside feels like a brick wall warehouse effect creates a down to earth atmosphere.

Leroy’s Kitchen and Lounge?offers contemporary American food. So popular with locals for its good food expect to wait for a table.

The Brigantine for fine seafood since 1969. Locals like the food and its friendly service. Their fish tacos win many awards. Famous for their freshly shucked oysters and marinated grilled swordfish. Meat lovers like their classic filet mignon.

Search propery values here.

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Coronado Beach South Island School

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Only one school inside this neighborhood.

Village Elementary School with grades K-5 earned 8 Stars (out of 10) from the Great Schools site.

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Conclusion

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This Coronado Beach South Island real estate spotlight focuses on a small neighborhood on Coronado Island.

Local real estate agents describe this neighborhood as “charming”, “historic”, and “quaint”, with “beautiful beaches”.

Its close location to the Coronado Bridge allows easy access to San Diego and other beach communities.

This Coronado Beach South Island real estate market indicates a wealthy neighborhood with homes Median List Price of $2.15 million selling for a little over $2 million in 2019.

Things to do in the Coronado Beach South Island neighborhood includes:

  • Beautiful beaches including the 9th best beach in America and a dog-friendly beach;
  • Nice parks;
  • Hotel Del Coronado for viewing classic Victorian architecture and fine dining;
  • A weekly Farmer’s Market for fresh produce and more;
  • Live theater and performing arts;
  • A modern movie theater in a historic building; and
  • Four eating and drinking establishments offering authentic Italian to fine seafood cuisines.

The only neighborhood school, Village Elementary, rated 8 Stars by a highly-regarded national school rating organization.

Thus, Coronado Beach South Island offers luxury living with access to beaches, fine cuisine, performing arts, fresh produce market, and near San Diego.

Contact Us to talk with one of our Realtors to learn more about this wonderful neighborhood and the available homes for sale.

Steven Rich, MBA – Guest Blogger?

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Search Local Real Estate Below Or Use Our: Home Search Tool:

HAVE ANY QUESTIONS?

Let us know, we love to help:

Call: (800) 550-3209

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Big Block Realty – CA BRE #01885775

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University Heights, San Diego Real Estate Spotlight http://www.fenshi8.net.cn/university-heights-san-diego-real-estate-spotlight/ Mon, 17 Jun 2019 18:50:16 +0000 http://www.fenshi8.net.cn/?p=11275   University Heights, San Diego real estate spotlight emphasizes its central location to downtown and the beaches. Defined by its neon “University Heights” sign spanning Park Boulevard. The Welcome to San Diego site describes the University Heights neighborhood as: “Home to a diverse population who enjoy the area for its convenient location, strong sense of […]

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University Heights, San Diego Real Estate Spotlight

 

University Heights, San Diego real estate spotlight emphasizes its central location to downtown and the beaches.

Defined by its neon “University Heights” sign spanning Park Boulevard.

The Welcome to San Diego site describes the University Heights neighborhood as:

“Home to a diverse population who enjoy the area for its convenient location, strong sense of community, great restaurants, and its unique combination of history, architecture, art, music, and theatre.” Source

The Neighborhoods.com site describes University Heights as the:

“Heart of San Diego’s vibrant ‘Mid-City’ region. A popular, well-established neighborhood yet somewhat low-key neighborhood. Known for its small but superb dining options, low congestion, and closeness to both Downtown San Diego and the beaches.” Source???

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University Heights, San Diego Location

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The University Heights neighborhood in central San Diego lies between Adams Avenue and Park Boulevard. Next to the Normal Heights and Hillcrest neighborhoods.

Its boundaries include Lincoln Avenue to the south, the edge of the mesa on its north and west, and Boundary Street near Interstate 805 to its east.

Both Adams Avenue and Park Boulevard provide its main area of live entertainment most nights along with artist studios, coffee shops, restaurants, and boutiques.

Just minutes away you find Downtown, Mission Valley, the San Diego Airport, Balboa Park, and San Diego State University (SDSU).

Getting to University Heights

From Interstate 8 (I-8) travel south on Highway 163 and take the Washington Street (east) exit. Then, turn left to Park Avenue which takes you into the heart of University Heights.

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University Heights History

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Founded in 1888, the “University” name evolved from the original plan to build a University of Southern California branch there. Alas, the plan never materialized. But, the land eventually became San Diego State College later named San Diego State University which moved to a larger area in the 1930s. The land currently headquarters the San Diego Unified School District.

The only historic district in University Heights consists of Shirley Ann Place which the City of San Diego designated as a historic district in the 1920s due to its bungalows featuring a Spanish Colonial Revival architect style.

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University Heights, San Diego Real Estate Spotlight 5

 

University Heights, San Diego Real Estate Market 2019

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Most housing in University Heights consists of smaller single-family homes in the 2 to 3 bedroom range. Also, some small apartment and condo buildings exist.

Living near Park Boulevard puts you close to Downtown and the beaches. If you desire a quiet street look east with the streets named after U.S. states.

Few tourists wander around University Heights largely populated by locals.

University Heights homes remain on the market an average of 50 days and sold very close to the listed price. Homeowner’s fees average $295. Property taxes average $5,630 per year. Other facts for 2019:

  • Prices Range from $178,000 to $2,650,000;
  • Sales Prices close at $150,000 to $2,225,000;
  • Median Sales Price at $508,000
  • Average homes sell for $581 per square foot; and
  • Ages from 1903 to 2018.

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University Heights, San Diego Demographics

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The demographics of University Heights reveals:

  • Housing units of 5,920;
  • Total population of 11,152;
  • Nearly equally divided between males and females;
  • Median age of 35.1;
  • U.S. born citizens of 9,210 (82.5%);
  • Lived in the same house last year 82%;
  • Nearly 60% white collar employed;
  • Households without children 42%; and
  • Owns a car 90%.

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University Heights, San Diego Real Estate Spotlight 6

 

Got Questions About University Heights in San Diego?

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University Heights, San Diego Real Estate Spotlight 5

 

University Heights, San Diego Parks

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Trolley Barn Park

Rated 4.5 Stars (out of 5) by Yelp. Viewers love the cushy padding under the playground equipment.

Located at 1998 Adams Avenue very popular with young families for its large playground and chess tables.?

Very?popular for hosting Friday evenings free concerts during the summer.

The local street plan mimicked by the pattern of the sidewalks around its playground also echoed by its carved stone plaque.

Also, offering a large grassy lawn overlooking a canyon perfect for picnics.

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University Heights Point

Yelp rated 4.5 Stars (out of 5) for its “off the beaten path” far away from freeway noises favored by locals. Perks include:

  • Offering a beautiful vantage point above a valley.
  • Joggers and dog walkers love this quiet park.
  • Rustic in that no playgrounds, tables, park benches or picnic areas exist.?

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University Heights, San Diego Things to Do

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Tripsavvy recommends these activities in University Heights:

Shopping in the antique shops and boutiques became popular years ago. For instance, visit La Loupe Vintage – A little folk and a little “rock n roll” in this petite boutique with accessories and jackets from the 60s to today.

Theatre – Local?productions of LGBT themes by the Diversionary Theatre on Park Boulevard draws large crowds.

Best Entertainment and DrinksSmall Bar, a hipster hangout offering a large variety of local beers on tap and excellent food. The Lancers for a local dive bar. Great coffees and live music performances at Twiggs.

Best EatsTwiggs for coffee and baked goodies. El Zarape for Mexican food. Adams Avenue Grill for meat, chicken, and fish grilled. Also, the Parkhouse Eatery for their Southwest crab benedict topped with California chili hollandaise.

Best HangoutLestat’s coffee shop open 24/7 attracts large crowds.

Adams Avenue – The many thrift shops and antique stores makes the stretch to Normal Heights known as “Antique Row”. Also, the host of Southern California’s biggest free music street festival held annually.

Park Boulevard – Walk down to Balboa Park to enjoy drinks, food, and live music. Visit the Botanical Garden and Museum of Man.

Park & Rec where adult fun (beers and cocktails) blends with childhood nostalgia games. Offers a huge space including an outdoor patio, large indoor bar, and even a bungalow hosting DJ’s dance parties. Try the mezcal cocktails end play table tennis in their outdoor area including Connect 4 and Jenga games. Check out their Instagram for photos of their complex. ?

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University Heights, San Diego Restaurants

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San Diego Magazine recommends these restaurants in University Heights:

Madison – Its cedar walled dining room displays geometric patterns and vaulted ceilings. They recommend the gluten-free pasta, salmon skewers with couscous, and Portobello fries with chipotle sauce.?

Pop Pie Co. – Their motto “In Pie We Crust” displayed on a neon sign in their wall says it all. They prepare unique pies including Thai Panang Curry roasted vegetable pie for lunch or dinner and a coconut cream pie for dessert. Look at their Instagram page for great photos.

Hundred Proof – A gastro-cocktail bar also serving great meat-heavy food menu. They also serve a fried chicken sandwich and pizza. The décor includes a large Marlene Dietrich photo with rabbit print wallpaper as a background.? Check out their Instagram page for lots of photos.

Grains – A farm to table rustic establishment featuring vegan Asian cuisine on Adams Avenue. Local beers on tap along with “non-meat” foods like duck larb, non-GMO local tofu, tom ka soup, and calamari mushrooms.

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University Heights, San Diego Real Estate Spotlight

Search property values here.

University Heights Schools

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The University Heights schools come under the jurisdiction of the San Diego Unified School District.

Birney Elementary School – Public grades K-5 with around 550 students. The Great Schools site rates Birney as 9 Stars (out of 10).

Florence Elementary School – Public grades K-5 with around 550 students.

Garfield Elementary School – Public grades K-5 with over 330 students.?

High Tech Elementary School – a Charter school grades K-5 with around 400 students.

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Conclusion

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University Heights, San Diego real estate spotlight best summarized as a friendly, quiet residential suburban neighborhood.

Adams Avenue and Park Boulevard offer unique bars, restaurants, activities, and entertainment venues. In the summer, the Adams Ave. Street Fair provides the biggest free music event in Southern California.??

The locals consist of white-collar workers, the U.S. born, the median age of 35 and 90% owning a car appreciating the proximity to beaches and downtown San Diego in a quiet neighborhood.

Contact Us to learn more about University Heights living and available housing to purchase.

Steven Rich, MBA – Guest Blogger

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Let us know, we love to help:

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Big Block Realty – CA BRE #01885775

 

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Home Staging Tips That Arouse Buyers http://www.fenshi8.net.cn/home-staging-tips-that-arouse-buyers/ Thu, 13 Jun 2019 22:28:19 +0000 http://www.fenshi8.net.cn/?p=11248   These home staging tips that arouse buyers leads to faster and higher priced sales. In truth, buyers decide on emotion rather than practicality. The purpose of “curb appeal” focuses on arousing positive emotional interest from buyers. A while ago, we published a post here explaining how to create buyers’ positive first impressions. Here ? […]

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Home Staging Tips That Arouse Buyers

 

These home staging tips that arouse buyers leads to faster and higher priced sales.

In truth, buyers decide on emotion rather than practicality.

The purpose of “curb appeal” focuses on arousing positive emotional interest from buyers. A while ago, we published a post here explaining how to create buyers’ positive first impressions. Here ?

Home staging stimulates the emotion of “feeling like home” in buyers’ minds. It’s not the number of bedrooms and bathrooms or square footage that sells homes. Its feelings that sell.

Home staging should impact prospective buyers. They must envision already living there. “Yes, this feels like home”.

That’s why home staging sells homes by cultivating that special feeling.

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Definition of Home Staging

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Home staging begins with the mindset that you are not selling your property. Rather, you’re selling buyers their new home. This means your house must look like theirs and not yours.

That’s why you must hide certain items in your home like:

  • Family photos;
  • Your children’s drawings on the fridge;
  • Sports schedules on the fridge;
  • Laundry and shoes;
  • Personal toiletries;?
  • Sports memorabilia;
  • Dishes in the sink and counters;
  • Pet smells you don’t notice anymore;
  • Pet beds and toys; and
  • Junk mail.

?In other words, de-personalize your home to look neutral.

Also, get rid of all clutter, make necessary home repairs, paint and caulk bathrooms. Set the stage so your home puts on a show.

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Most Important Rooms to Stage

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No need to make your home a photo shoot for Better Homes & Gardens. Yet, proper staging increases sales pricing. A National Association of Realtors (NAR) survey of buyer’s agents showed 46% of them claiming home staging increased the sales price up to 10%.

This same survey showed that the most important rooms for staging:

  • Kitchen;
  • Living Room; and
  • Master Bathroom.

?Let’s explore these rooms.

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The Kitchen

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Replace old appliances, clear the countertops, and give a face-lift to your cabinets with new fixtures and fresh paint.

Arouse buyers’ senses by arranging atmospheric features in the kitchen. For instance, a couple of cookbooks, a bowl of fresh fruit, placemats, and flowers.

Some agents report that baking cookies in the oven create a wonderful smell. Top that off by offering warm cookies to prospective buyers. The smell and warm taste create the illusion of what their future kitchen offers.

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The Living Room

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Most people find subtle patterns and neutral colors appealing in a home. Creating a warm, inviting, and comfortable feeling begins with the living room.

People like to put up their feet on a comfy couch with a pillow or two in the living room.

Try to coax a potential buyer into settling down on the couch. Look at it like test driving a car before buying.

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The Master Bathroom

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The master bath must inspire tranquility.

Hide the damp towels and replace them with nice fluffy white towels. Place small soft white towels in an attractive wicker basket. Put some spa-like body products on the counter.

Hang a fluffy white bathrobe and light a couple of unscented candles to create an aura of relaxation.

Consider making a few small upgrades in your master bathroom. Like towel rackets, faucets, mirrors, and lighting.

Hang a new shower curtain and empty the medicine cabinet. Clean every corner and surface.

 

Got Questions?

Big Block Realty Contact?

 

Visit Furniture Stores for Home Staging Ideas

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Not to buy new furniture.

But, to view the settings they create around the dining room sets, bedroom sets, and love seats and couches. Pay attention to the extra items making the furniture more attractive. Shoot for the same allure when staging your home:

  • Hang a mirror in the front hall and living room;
  • Hang new or clean drapes;
  • Put up some paintings or scenic pictures;
  • Place recent issues of popular magazines on the coffee table;
  • Replace outdated light fixtures;
  • Plants liven up rooms;
  • Add a few accent color items to each room like a throw blanket, a vase, or picture frames; and
  • Place a practical appliance like a coffee maker on the kitchen counter. ??

Less furniture in each room makes them appear larger and focuses on the primary purpose (like a playroom, a guest room, or an office).

Keep the garage and closets tidy with fewer items making them look larger.

Tip: Keep props neutral like the colors in rooms. No political or religious props.

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Home Staging Costs

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Sure, home staging takes time and costs money. But, contemplate how much to spend to increase your home’s value up to 5%.

Depending on your budget, consider using a professional home staging company. Their costs depend on your home size and how much staging to do.

If your house is empty you must rent and transport staging furniture and props. But, if you occupy your home then spend the time to clean and tidy it up and decide what repairs and props you need.

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Another Alternative: Virtual Home Staging to Arouse Buyers

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Nowadays you can create a computer-generated “virtual Home staging” for online prospective buyers. They take a virtual tour of your home furnished and displaying different colors in every room.

Virtual home staging comes with pros and cons. The pros include these advantages:

  • Flexibility to redesign each room in your home in a variety of ways appealing to different buyers;
  • Cheaply “furnish” your entire home creating an inviting warmer impression; and
  • Showing potential buyers various possibilities for each room, even how it looks empty.

One disadvantage to virtual home staging is limiting your home to only online viewers. When a potential buyer wants to personally view your home you need to stage it anyway.

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Sell Faster with Home Staging

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You want to sell your home as fast as possible. Home staging lets you turn a simple walk through into a unique experience arousing positive emotions.

You transform your home into an appealing “this feels like home” environment to potential buyers.? ???

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Conclusion

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The home staging tips that arouse buyers suggested here try to stir “it feels like home” emotions for a faster sale at a higher price.

You only need to stage the kitchen, living room, and master bathroom. Furniture stores provide excellent staging ideas with the ways they stage their furniture sets.

Virtual home staging gives you the flexibility to highlight each room with different colors and furnishings.

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Need Great Ideas for Your Home Staging?

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Contact Us so one of our Realtors may help you with home staging ideas.

Steven Rich, MBA – Guest Blogger

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Search Local Real Estate Below Or Use Our: Home Search Tool:

HAVE ANY QUESTIONS?

Let us know, we love to help:

Call: (800) 550-3209

or Click: www.www.fenshi8.net.cn/contact

Big Block RealtyCA BRE #01885775

 

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Zillow Offers – 2019 Review http://www.fenshi8.net.cn/zillow-offers-review-2019/ Tue, 28 May 2019 22:47:43 +0000 http://www.fenshi8.net.cn/?p=11218 This Zillow Offers review 2019 incorporates various reviews from home buyers to real estate agents. Before getting into the reviews of the new Zillow Offers program let’s look at what Zillow does. ? Zillow Overview: ? Zillow headquartered in Seattle launched in 2006. Zillow describes itself as a “leading real estate and rental marketplace” offering […]

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This Zillow Offers review 2019 incorporates various reviews from home buyers to real estate agents.

Before getting into the reviews of the new Zillow Offers program let’s look at what Zillow does.

?

Zillow Overview:

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Zillow headquartered in Seattle launched in 2006.

Zillow describes itself as a “leading real estate and rental marketplace” offering consumers information, knowledge, and inspiration when seeking a home. They also connect buyers with local real estate professionals. Source

Zillow’s database provides information about owning a home. Their database includes over 110 million U.S. homes.

Their “Zestimate” estimates home market values. Source? Bloomberg calls “Zestimates” the “Kelley Blue Book for American homes”. Source

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What is Zillow Offers?

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Zillow Group Inc. began its “instant offers” program in May 2018. Recently, Zillow dropped the “instant” name.

According to Zillow, their Zillow Offers program allows homeowners to ask Zillow to make an offer to buy their homes. All cash (no financing) offers made within a few days. Zillow claims a faster closing than traditional listings with buyers applying for financing. Source

Zillow joined a “new breed of high-tech home flippers, sometimes called “iBuyers” including Silicon Valley startups and a small group of adventurous real estate brokerages with instant offer operations. Backed by Silicon Valley and Wall Street capital and “Zestimates” algorithms making home price predictions buying homes on a massive scale making small profits on every flip.” Source

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How does Zillow Offers Work?

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In a nutshell, Zillow buys houses, fixes them up, and resells them for a profit. Thus, Zillow Offers is a high-tech “Fix & Flip” houses program.

Sellers get an all-cash buyer with a fast closing date depending on the seller’s preference. Since sellers need to find a replacement home they decide when to close with enough time to buy a new home before their current home closes. The closing time between five days to 90 days.

However, Zillow does not buy every home. Their criteria remains a secret.

Here’s the process for requesting a Zillow Offer.

Homeowners provide:

  • The home address;
  • Basic home details (square footage, year built, etc.);
  • Information about the home’s past updates or upgrades; and
  • Other information relevant to the home’s value.

While photos not required, Zillow encourages uploading photos of the interior and exterior.

In approximately two business days Zillow prepares an offer. The homeowner only has five business days to respond before the offer expires.

During the five day period, homeowners may contact a Zillow Offers Advisor with questions. That advisor will walk homeowners through the next steps after acceptance of the offer.

Until the homeowner signs a sales contract he or she is under no obligation to sell to Zillow.

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How Zillow Determines Offers

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According to Zillow’s website, Zillow begins with its Zestimate. Then looks at the information provided in the homeowner’s application. Also, Zillow gets a local real estate agent to perform a Comparative Market Analysis (CMA).

Then Zillow factors in estimated renovation costs and repairs. The offer is either confirmed or adjusted after an in-person evaluation of the home.

Home inspection required as a typical buyer conducts. The results of the home inspection determine if the initial offer gets adjusted. The estimated costs of repairs and renovations to resell the house factors into the final offer.?

Negotiating not allowed. Homeowners either accept the initial offer and the modified offer (after the inspection) or not. However, if a homeowner points out missing or incorrect information impacting the estimated value of the home, Zillow may consider repricing the home.

Zillow also points out that homeowners do not need to prep or clean up the home.

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Current Locations of Zillow Offers As Of This Writing

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Currently, Zillow Offers available in these cities:

  • Atlanta;
  • Charlotte, NC;
  • Dallas;
  • Denver;
  • Houston;
  • Las Vegas;
  • Minneapolis;
  • Phoenix;
  • Raleigh, NC; and
  • Riverside, California.

New locations coming in 2019 and 2020. ?????

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What Fees does Zillow Offers Charge?

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Zillow’s website FAQ states: “There is no cost to request or receive an offer from Zillow. If you choose to sell your home to Zillow, you will receive a clear statement outlining any fees associated with the offer.” Source

Talk about vague! So, no cost to request an offer. But, once you accept Zillow’s offer then you receive a statement outlining their fees.?

Two competitors began operations like Zillow’s Offers years ago. OfferPad and Opendoor buy homes, fixes them up, and resells them for profits.

According to the New York Times, Opendoor charges a 7.5% commission much higher than other brokerages.

 

?Have Questions Or Want An Offer From One Of Our Cash Investors?

Big Block Realty Contact

 

Zillow Offers – Pros

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Zillow Offers advantages include:

  • Selling the home faster than traditional sales;
  • No need to clean or prep the house;
  • No viewings by agents;
  • Zillow takes care of all repairs; and
  • Homeowners specify the closing and moving dates.

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Zillow Offers – Cons

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Disadvantages of Zillow’s Offers include:

  • Zillow investors looking for cheap deals to make big profits;
  • Lower offers than market value;
  • Ambiguous fees; and
  • Zillow only uses 15 potential buyers.

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What Do Other Zillow Offers Reviews Say??

 

Bloomberg points out that Zillow Offers caters to “people who will take a large discount to sell in a hurry”. Source

Bigger Pockets published a Zillow Offers user experience consisting of several problems with the home inspection results. The inspection lowered the original offer by $30,000. The writer owns 10 rentals and knew the repair estimates were too high. In the end, Zillow offered $181,000 and he refused later selling the house for $224,000. So, the Zillow Offer was $43,000 lower than the actual market value. Source? ?

Inman published a Zillow Offers review in 2017 claiming no benefits to the home sellers who get low offers and still pay fees above typical agents’ fees. Only the investors and Zillow benefit. Inman claims that Zillow Offers uses:

  • Inaccurate Zestimate valuations;
  • Low offers;
  • High fees; and
  • Most markets don’t need the service. ?

Nerdwallet claims Zestimates as: “No more than an informative educated guess”. Source ?

Some brokers point out that Zillow’s Zestimates maintain a 6% error margin in the Boston area. Source? ???

In 2018, U.S. News published a story claiming that opting for a Zillow “expedited home sale” is not in the best interests of the home seller.

The Truth about Mortgage site claims Zillow Offers aims at impatient sellers looking to quickly offload their homes. Initial offers often lowered after the home inspection when repairs factor in.?

The Apartment Therapy site questions the cost to homeowners. The Zillow website remains vague about what fees homeowners pay with Zillow Offers.

The List Clever site points out several problems with Zillow Offers like:

  • Zillow’s potential buyers want to buy cheap to make big profits;
  • Zillow only uses 15 potential buyers restricting the number of offers;
  • Unclear fees and costs until the final offer; and
  • Selling fast means lower offers like distressed sellers.

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Would You Eat at a Restaurant that Yelp Rates 1 Star?

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According to the Consumer Affairs website, on May 19, 2019, Zillow earned only a 1 Star (out of 5) ranking from 499 raters for “overall satisfaction”. Source

This begs the question: Would you eat at a restaurant that Yelp rates as 1 Star?

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Like the Fast & Furious Movies, Negative Reviews about Zillow Keep Coming

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Forbes published a story in 2018 about Zillow’s “Premier Agent” ad program where listing agents upload their listings.?Buyers who click on a listing don’t get directed to the listing agent. Instead, they get directed to a “Premier Agent” who paid Zillow to put their name, photo and contact information displayed on other agents’ listings. The listing agent doesn’t get any buyers directed to their listings.

The Real Deal reports that New York State is investigating the legality of Zillow’s “Premium Agent” program.

The Sitejabber review site rates Zillow 3 Stars (out of 5) only because 269 reviewers rated Zillow 1 Star while 263 rated it 5 Stars. Thus, reviewers either love or hate Zillow.

The Trustpilot review site rates Zillow only 2 Stars (Poor) based on 32 reviews claiming “false information”, “Agents you’ve been warned”, and one agent claiming: “These people are con artists”. Source

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Conclusion

 

Our Zillow Offers review 2019 research found more negative reviews than positive ones.

Zillow Offers no more than a high-tech Fix & Flip type offer:

  • Low purchase price;
  • Starts high then lowers the offer after home inspection;
  • Only a maximum of 15 investors to make offers;?
  • Vague fees and costs until final offer; and
  • Sellers make more money selling the traditional way.

?But, it’s not all bad for every home seller. Zillow Offers benefits these types of sellers:

  • Those in a hurry to sell; and
  • Wanting flexibility with choosing the closing and moving dates.

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Want to Sell Your Home for Maximum Price?

 

Contact Us for an honest assessment of your home’s market value. Our experienced Realtors will help you with listing and negotiating with buyers to get you the best price. We’ll then help you find and buy your ideal next home too!

Steven Rich, MBA – Guest Blogger??????????????

?

Search Local Real Estate Below Or Use Our: Home Search Tool:

HAVE ANY QUESTIONS?

Let us know, we love to help:

Call: (800) 550-3209

or Click: www.www.fenshi8.net.cn/contact

Big Block RealtyCA BRE #01885775

If you’re a?California Real Esatate Agent click here to join.

 

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How To Get A Mortgage When Selling A Home http://www.fenshi8.net.cn/how-to-get-mortgage-when-selling-home/ Fri, 24 May 2019 19:07:52 +0000 http://www.fenshi8.net.cn/?p=11186   When you list your home for sale and want to purchase a replacement home an important question arises. How to get a mortgage when selling a home? Remember the mortgage application process you went through the last time you bought a home? Your application required lots of paperwork and many deadlines to deal with. […]

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When you list your home for sale and want to purchase a replacement home an important question arises. How to get a mortgage when selling a home?

Remember the mortgage application process you went through the last time you bought a home?

Your application required lots of paperwork and many deadlines to deal with. Selling your home to buy another home relives all the stress you went through back then.

 

How to Get a Mortgage when Selling a Home

 

This guide should help you with buying when selling your home.

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Consider the Timing

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Ideally, you would like to sell your home first and use the sales proceeds to buy your next home.

Unfortunately, this simple process rarely occurs.?So, you must research the local real estate market where you sell and intend to buy. They should differ.

As for your sale, learn how long a similar house takes to sell in your local market area. Ask a Realtor how long a comparable property sits on the market before selling.??

Too many sellers list their home at a high price and end up dropping the price many times before getting an offer. If you want a quick sale you need to list at a competitive sales price. Your Realtor helps you with these decisions depending on your timeline for moving.

Before buying, research the neighborhood you like to move to. This gets you ready to find a home once you sell your current home.

Also, talk to mortgage lenders about a loan for your new home. Make sure the lender knows you must sell your current home first.?

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Contingency Offers

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When both selling and purchasing a home you must get the money from the sale of your home to finance your new home purchase.

You’ll need to add a “Sale and Purchase Contingency” in your new home purchase contract. This makes your purchase dependent upon selling your current home. Otherwise, without those funds, you can’t buy your new home. Talk with your Realtor about making a “Contingency Offer”.

Know that contingency offers do not appeal to sellers. Why wait for you to sell your home when another buyer may offer a straight up purchase with no strings attached other than getting a mortgage?

Contingency offers typically allow the seller to accept another buyer’s offer. But, a specific time allows you to remove your contingency like one or two days. If you can’t come up with the funds for the purchase the seller gets out of your purchase contract to sell to another buyer.

Then you must start all over, looking for your new home. A hot market makes contingency offers difficult. Sellers often get many offers during a hot market.

Also, houses “under contract” pending a contingency discourages other purchasers from making an offer to buy.

Sellers don’t like that, especially in a hot market.

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You’re Mortgage Application

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Once you accept a buyer’s offer to purchase your current home it’s time to look for a new mortgage. Obtain quotes from several lenders.

Qualifying for a new mortgage requires certain steps by your lender. This includes adding your present mortgage payments to your monthly debts determining your Debt to Income ratio (DTI). Your DTI balances your monthly payments with your gross monthly income. Many lenders require your DTI at 43 percent or less.

Also, you need to decide how large of a down payment you want to make on your new home. That determines how much financing you need to make the purchase. It also determines the mortgage you qualify for.

Read our recent post about this. Here

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Have questions?

Big Block Realty Contact

 

Available Options when Your Present Home Not Sold

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Ideally, you want to sell your present home first and then use the sales proceeds to buy your next home. This process works smoothly. But, sometimes when you find the ideal new home and don’t want to lose it, you must look at other loan options.

Check out these loan options to help you get the perfect new home while you wait to sell your present home:

Bridge Loans: More fees than getting an equity loan. But, allows you to avoid making a contingent offer. Only a temporary loan to bridge the gap between your new mortgage and the purchase price. Consider a bridge loan as the down payment for your new home.

Piggy-Back Loans: Offers first and second mortgages simultaneously up to 80% of the home’s purchase price. This loan offers down payments of less than 20% while avoiding Private Mortgage Insurance (PMI) costs. Here’s how it works. The first mortgage handles 80% of the purchase price. The second loan takes care of 10% of the price. That leaves you with making a 10% down payment.

Low Down Payment Loan: Maintaining a strong credit score allows you to put your current home on the market and applying for a low down payment loan to apply to your new home purchase. Your DTI (see above) determines whether you qualify for this loan. Several federal government programs offer low down payments to qualified buyers like:

Fannie Mae and Freddie Mac offering 3% down;

VA loans for service members offer 0% down; and

USDA loan for a property in rural areas also offers 0% down.

Home Equity Loans: Having equity in your current home allows you to apply for a home equity loan. Use the proceeds for a down payment on our new home while you wait for your pending current home sale to close. Also, a large enough equity allows you to buy a home without a sale contingency. In addition, you may apply for a home equity line of credit (HELOC). Both options allow you to borrow against your home equity.

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Last Option – Lease Back

 

If none of the options above work for you consider making an offer of a Lease Back arrangement.

This allows you to get extra time to find your new home after you sold your current home. Your buyer decides to lease your present home back to you for typically between 60 to 90 days so you can stay put.

Of course, your buyer will ask for some compensation for not occupying your home after your sale closes. Two options exist. Either pay rent to your buyer or lower your sales price.

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Conclusion

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As you read here several options exist for you to get a mortgage when selling a home.

This guide explained these important factors:

  • Timing about how long similar homes remain on the market before selling in your area;
  • Making contingency offers to complete the purchase of your new home only after your current home sells;
  • Looking at loan options when you haven’t sold your home yet; and
  • Considering a Lease Back arrangement with your buyer to give you more time to find your ideal new home.

Consider Us as your Realtor to help you find you’re ideal new home and to list your current home for sale. Our Big Block Realtors can assist you with choosing the best loan options to buy your new home even if you haven’t sold your current home.

Steven Rich, MBA – Guest Blogger

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Search Local Real Estate Below Or Use Our: Home Search Tool:

HAVE ANY QUESTIONS?

Let us know, we love to help:

Call: (800) 550-3209

or Click: www.www.fenshi8.net.cn/contact

Big Block Realty – CA BRE #01885775

 

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