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18
Aug

San Diego twin home for sale

San Diego twin home for sale

3Br./2.5Ba Apx. 1,589′  7944 Mission Bonita Dr. San Diego,CA 92120 Value range priced $565k-$585,000 MLS#170042207

Most desirable 3 Br. floor plan (one Br on 1st. floor) in Belaire! Semi-attached PUD in quiet loc. w/ good sized rear yard & large covered patio. Nice, open Westerly Views & breezes. Upgraded, extensive custom tile flooring in LR, Kit, Brkfst-nook, BA & one Br. Spacious MBR w/ mirrored closet doors & ceiling fan. Fireplace, cathedral ceilings, 2 car attached garage! Price reflects light cosmetic touches needed to bring out true beauty.

A twin home, also sometimes referred to as a patio home, is basically to homes attached together at one wall. this particular  community was built with what is known as a double wall construction. My understanding of this is that the homes are not attached at a single wall but there’s an exterior wall and an interior wall and the interior walls are separated by an airspace. Sure, there might be a more technically  appropriate explanation but I can tell you having lived in both three bedroom model homes here in the Belair community of Mission Pacific, I have never actually heard my attached neighbor! Actually, just like a single-family detached home, I never even knew I had an attached neighbor except talking with them over the backyard fence.

This Bel Air community which was built in the early 80s really had energy efficiency in mind when they were constructed. All the glass windows in the home are dual paned glass for energy conservation. There is natural gas water heat and forced air gas heating. Also, since every home in this community has its own garage, and there really is no through traffic, there is always plenty  of on street parking for guests and special occasions. Read more »

11
Aug

San Diego Home for Sale

Just Listed – San Diego Home for Sale

3Br./2.5Ba w/one bedroom (or perfect for den/office) on entry level.

San Diego home for sale

Offered on a value range of $565,000-$585,000

7944 Mission Bonita Drive, San Diego, CA 92120 – shown by appointment only!

Most desirable 3 Br. floor plan (one Br on 1st. floor) in the Belaire community! Semi-attached PUD in quiet loc. w/good sized rear yard & covered patio.

Upgraded, extensive custom tile flooring in LR, Kit, Brkfst-nook, BA & one Br. Spacious MBR w/mirrored closet doors & ceiling fan. Fireplace, cathedral ceilings and 2 car attached garage! Read more »

3
Aug

Hidden Homeownership Costs

$9,000+ a Year on Hidden Homeownership Costs

Green Home Improvements Federal Reserve Hikes Interest Rates   Hidden Homeownership CostsFrom property taxes to basic maintenance projects like lawn care, homeowners can spend between $7,000 and $16,000 a year in hidden homeownership costs

Hidden Homeownership Costs  Jul 31, 2017

Nationally, U.S. homeowners can expect to spend $9,080 a year on average in hidden costs related to owning and maintaining a home, according to a new analysis from Zillow® and Thumbtacki. Since nearly half (47 percent) of home shoppers today are first-time buyers, many of these extra costs may come as a surpriseii.

To help with budgeting, Zillow and Thumbtack identified several common but often overlooked home expenses and calculated what homeowners could expect to pay for them around the country. The analysis also included utility cost estimates from UtilityScore.

Nationally, homeowners pay an average $6,059 per year in to cover homeowners insurance, property taxes and utilities, three common, but sometimes overlooked home expenses. San Francisco homeowners pay the most of the metros analyzed ($13,019 a year), primarily due to the market’s high home values and property taxes. Indianapolis homeowners pay the least at $4,699.

Most U.S. homeowners (96 percent) have made some kind of improvement to their home. While many complete these projects themselves, those who hire a professional can expect to spend more than $3,021 a year on average for carpet cleaning, yard work, gutter cleaning, HVAC maintenance, house cleaning and pressure washing, the six most common hired home projects requested by homeowners on Thumbtack. Labor costs can vary significantly by region, with Seattle homeowners paying as much as $4,052 a year on average for those six projects, whereas in San Antonio they pay just $1,962 on average.

Read more »

29
Jul

Real Estate Broker Ransomware

Real Estate Broker Ransomware

This is a video about Ransomware directed toward real estate brokers and real estate agents.If you read my post on real estate directed Ransomware on July 27, 2017, actually there’s no need to look at this video as I basically took the text from that to create this video. Naturally if you haven’t read my July 27 post, now you don’t have to, just watch this video!

A recent report by Google estimated that rent somewhere has scammed people for over $25 million just in the last two years! Read more »

28
Jul

Popular San Diego Real Estate Site

Popular San Diego Real Estate Site

In June 2017 this site had over 25,000 unique visitors!

Popular San Diego Real Estate Site

I like to say thanks again to all my visitors and readers of this San Diego real estate blog site.

I try to keep my posts interesting  not only to prospective San Diego residential real estate  buyers but also for current homeowners here in San Diego California. Read more »

27
Jul

Real Estate Agent Ransomware

Real Estate Agent Ransomware

California real estate - New California Real Estate Tax - Real Estate Agent RansomwareJust today I saw study go by by Google estimating that Ransomware has ripped off people to the tune of  over $25 million in just the last two years!

Well, just this year, I’ve noticed a lot more phony emails directed to my real estate email account that I’m assuming our rent somewhere. It would seem to me that thieves are definitely targeting realtors here in the United States and perhaps most other high profile professionals as well. you and you

Sure, I get plenty of spam type general emails trying to get me to click through to a specific site or download a specific file. But, this year I’ve noticed a lot more of these types of are youin you and suspicious email directed toward my real estate email account and in a number of cases having specific messages involving real estate subjects. I have added some examples  of these emails at the bottom of this  post.

Now, I should state that the objective of Ransomware is to get the innocent computer users to become victims by clicking on emails that have infected email attachments or to direct you to sites that will infect your computer. Perhaps, I should state the obvious here, and that’s the fact that Ransomware will lock up your computer and you will be unable to access any files without paying the crooks for them to send you an unlock code. But, even paying them may not ensure that you will get your data back. Read more »

25
Jul

Canadian housing bubble?

Canadian housing bubble – a reflection of the Southern California housing market?

Could the fast home appreciation occurring in Canada be a mirror reflection of our own Southern California real estate market?

Canada is experiencing a huge real estate boom over the past two decades. When I say boom…I just mean the value of someone’s house goes up a lot. This is great for current homeowners, but this is terrible for new home-buyers who now have to take out a much larger mortgage to get their first house.

Why is this a problem? Why is it bad for someone’s house to appreciate rapidly in value for decades? This is bad because it eventually gets to a point where the price of a house is beyond any accurate or rational reflection of its actual worth. A house with a value of $1,000,000…may in reality only is worth a couple hundred thousand. Read more »

23
Jul

California housing crisis

California housing crisis 2017

My personal view and opinion on the crisis in California housing.

Personally, just to keep things pretty simple it’s a well-known fact that here in San Diego County, a huge percentage of the new homes building cost (I believe in the 40% range) is comprised of city and state building and construction fees. So, why do we need a special councils always investigating our problem when it’s quite obvious that our own city and state have created most of these problems by their onerous imposition of government fees. Read more »

18
Jul

San Diego Real Estate Market Observations

San Diego Real Estate Market Observations

In this video I give my observations and opinions on the San Diego real estate market in mid-July 2017. actually, these are just my personal opinions so before acting on any of the information  here I would advise talking with your accountant and financial advisor prior to making any real estate contractual commitments.

Well, with that said, I can say one thing for certain. That is this market does not look anything like the top of our San Diego real estate market did in the summer of 2005.

Driving the real estate frenzy that ended in the summer of 2005 was the ease of getting mortgages without stringent qualifications. in today’s San Diego real estate market home buyers really have to qualify to handle the mortgage payments. What’s really driving our current San Diego home price appreciation is the basic economic principle of supply and demand. Read more »

17
Jul

San Diego Residential Real Estate Market

San Diego Residential Real Estate Market

2017 San Diego real estate market forecastSan Diego County Residential Real Estate Market Analysis: 2nd Quarter 2017 ©2017

By Mark A. Melikian California Certified Residential Appraiser appraisals@san.rr.com P.O. Box 3051 Del Mar, California 92014 858-945-8996

The following is a market data summary of detached and attached properties as reported by the San Diego County MLS system. The data includes all zip codes in San Diego County. All projections discussed in this analysis will be updated throughout the year in subsequent quarterly reports.

Market Overview: The data provided analyzes residential real estate sales beginning in the year 2000, which is used as the base year. The number of sold listings in San Diego County peaked in 2003 at 42,746 units and decreased through 2008 to 23,972 units. Based on data from the first two quarters of 2017, the projected total number of units sold for the year will be 34,888, down from 36,236 sales in 2016 (see Figure 1). Read more »