Coronavirus & San Diego Real Estate
Coronavirus & San Diego Real Estate
As we all know, these are strange and trying times for everyone in the country. Originally, in California, Realtors weren’t considered an essential service. I understand that the California Association of Realtors was trying to get that changed and although it wasn’t changed yet in California, the Trump administration did declare that Realtors are essential.
As far as residential real estate sales go, the figures are not yet in for March. The February figures that did come in last week, show that the market was still strong. But, as we all know, now this pandemic has had a drastic effect on almost every type of business including real estate throughout the country. Read more
California Eviction and Foreclosure Bans
California Eviction and Foreclosure Bans
This is just my interpretation, and I could be wrong so one should again do their own investigation and talk with your own legal and financial professionals.
California Gov. Gavin Newsom issued an executive order making it clear that local city governments can impose eviction protections for tenants who are unable to pay their rent because of the coronavirus or loss of income as a result of the outbreak.
Almost immediately, San Francisco, San Diego, and many other California cities, announced such bans. Currently it looks like these bans are effective until May 31, 2020, unless extended.
What I find disturbing about this compassionate order is the fact that I have not seen any definitive outline of how the rental owners are going to be compensated for what could easily be thousands in unpaid rent! Read more
San Diego Real Estate Visits
San Diego Real Estate Visits
It’s great to have a site that’s color-coordinated, has useful information on it, and provides useful tips for both buyers and sellers of San Diego real estate. But, the key ingredient for success as far as business to the San Diego real estate broker or agent who has spent the time and money to create and maintain the website, really boils down to one thing . . . The amount of targeted San Diego real estate traffic to that site.
As far as San Diego real estate sites go, the truth is that it takes tens of thousands of unique visitors to a San Diego real estate website, to equate out the one possible actual lead, that ends up with a successful transaction. Read more
Case-Shiller National Real Estate Index
Case-Shiller National Real Estate Index
The latest Case-Shiller National Real Estate Index was just published today. This nationwide index is perhaps the most reliable indicator of residential real estate activity in the country. This 20-city index rose a seasonally adjusted 0.1% and was up 6.3% compared with a year ago.
The statistics from this index seem to show that although residential home prices are not declining, their upward momentum is certainly decelerating. The index’s 6.2% annual gain was down from 6.4% in the prior three-month period ending that ended in May. Also, the 20-city’s annual gain was down from 6.5%. Read more
San Diego Real Estate Promotion
2018 Comic Con International
This is a great San Diego Real Estate Promotion
This is a Saturday walk around the San Diego Convention Center during the 2018, Comic-Con convention. As the largest annual event for San Diego California with approximately 130,000 attendees, this is also the largest economic infusion ( approximately $140 million) that the city of San Diego receives from any activity/event! Read more
San Diego Real Estate Market Analysis
San Diego County Residential Real Estate Market Analysis: 2nd Quarter 2018
By Mark A. Melikian California Certified Residential Appraiser appraisals@san.rr.com P.O. Box 3051 Del Mar, California 92014 858-945-8996 ©2018
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 – Number of Sales: 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. In 2018, the total number of units sold, based on the first and second quarter results, is projected to be 32,394, down from 35,200 sales in 2017 (see Figure 1).
Market Overview – Absorption Rates: The monthly absorption rate (number of units sold in a month) will mirror the trend we see in the number of sold listings. The peak monthly absorption rate occurred in 2003 with 3,562 units selling per month. In 2008, the monthly absorption rate decreased to a low of 1,998 units. The 2018 projected monthly absorption rate, based on first and second quarter results, is 2,700 units, down from 2,933 units in 2017 (see Figure 2). Read more
San Diego Residential Real Estate
Huge Traffic to this our
San Diego Residential Real Estate blog
San Diego Residential Real Estate:
Yes, our San Diego residential real estate site,is over 20 years old! This is one of the reasons why it generates such tremendous visitor traffic. Although no one knows for sure, the vast majority of search engine professionals agree that the age of a website is an important factor in the Google algorithm. Read more
San Diego Real Estate Visits
San Diego Real Estate Visits
Over 22,500 unique visitors to this site last month (January 2018)!
Personally I believe this is one of the top residential San Diego real estate websites for unique traffic! Our site:Â www.brokerforyou.com is 20 years old! Most website insiders acknowledge that the age of a site, makes a huge difference in search engine rankings. Naturally, the higher your search engine rankings, the more traffic to your site.
Let’s take a look how www.brokerforyou.com generates unique monthly traffic when compared to other San Diego well aged residential real estate sites:
First, we’ll take a look at a La Jolla real estate site that is approximately 12 years old: Read more
San Diego Real Estate Traffic
San Diego Real Estate Traffic
The real secret in marketing (website marketing) is driving unique targeted traffic to your website.
Sure, you can have a great looking website with terrific graphics, color-coordinated, a motion background and decent content. But, unless your content generates a huge amount of targeted traffic, your not achieving the true potential that the Internet offers.
The best gauge for any websites authority and marketing potential is its unique monthly visitors! Keep in mind the unique visit is counted as just one visit from a URL, whether it’s a website or mobile device, in a 24 hour period.
In November 2017, www.brokerforyou.com had over 20,300 unique visitors! Keep in mind, that in large metropolitan areas where real estate is very competitive, it takes hundreds of thousands of unique visitors to a real estate website to convert one, into a legitimate real estate buyer or seller!