Changes are shifting here in Encinitas at the street level.
This could help some longtime fence-sitters around December.
Showing posts with label Thinking of buying?. Show all posts
Showing posts with label Thinking of buying?. Show all posts
Thursday, August 11, 2011
Wednesday, March 16, 2011
Sorry for the lack of new content
The local Real Estate market in Encinitas, Cardiff-by-the-sea, Leucadia & Olivenhain are solidly back to 2004 prices. Those value shoppers looking for a bottom? I believe Spring of 2009 was it! Sold homes are 10-15% higher now over the last 12 months. The amount of well qualified buyers with large down payments or ability to pay all cash in today's market is staggering. A great blog to follow that has daily content, but covers a larger area here in San Diego county would be Bubbleinfo my friend and former colleague; JtR @ Klinge Realty.
If you would like some help with your Real Estate questions? Feel free to contact Me. Cheers
If you would like some help with your Real Estate questions? Feel free to contact Me. Cheers
Tuesday, March 17, 2009
Leucadia west of I-5
Sold for $630,000 and more than the asking price.
Update; now in escrow after a minimum of 5 offers.
Update; now in escrow after a minimum of 5 offers.
I'm suspect when properties are listed for 20% below the comps and across the street the asking price is $1,050,000 down from 1.3 mil for similar size/age home and lot size. Most buyers looking at this size parcel will likely tear-down and plan for a 3,000-5,000 sq. ft. of living space home.
3 bed, 2 bath, built in 1948 on about 6/10th of an acre (25,700 sq. ft. lot). Small horizional ocean view. The asking price is $599,000.
I think this home will sell for more than the list price.
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