Home Prices Rocket Up 16% in a Year   2024 has seen a marked change in the local housing market. We are back to seeing packed open houses and multiple offers over the asking price, making it a great time to list your home. Our most recent listing at Avion in Del Sur attracted multiple offers and sold for $50k over the asking price It’s no secret that great schools drive higher home prices and that’s exactly what we are seeing in the micro market of 92127 and beyond where we live and work. Buying a home in San Diego is a solid real estate investment and here’s why.   THE HOUSING MAR ..read more

Design 39C is a wonderful school. We know as our kids have been there. It is available to families who live within Poway Unified School District boundaries and caters to TK-8th graders in specific Mello Roos Districts (CFDs).   Families in CFDs 4, 6, 8, 12, 13, 14, and 15 can opt for their local school or dive into the draw for a spot at D39 C. Verify your CFD here or check your property tax bill. Ready to embark on your Design 39 C journey? Here’s a step by step guide to the enrollment process.  1. Express Your Interest:   From January 16 to February 16, 2024, fill out the ..read more

There are lots of options to consider if you are a savvy real estate investor. The traditional buy and hold, home flipping, and the short term vacation rental model.    But did you know there is another way that allows you to cash flow positive in today’s high cost, high rate environment?   The Team Kolker way: Monthly Furnished Rentals   This is our jam! We own a number of rental units personally and have helped our investor clients buy San Diego properties and rent using this method. Check out our portfolio of rentals here.   Let’s play the Goldilocks Game…..   ..read more

Remember during the pandemic, when many people distanced themselves from their loved ones for health reasons.  Now that the pandemic has passed, many grandparents want more than ever to be near their grandchildren again to make up for that lost time. But how are they getting that “Grandparent Wish?”  Recent data from the National Association of Realtors (NAR) shows people between the ages of 55 and 74 are moving farther than any other age group. If you’re a grandparent, you know how important your grandchildren are. And you may be willing to sell and move just to be closer by, but wi ..read more

Despite the dry, hot climate San Diego is still home to all kinds of mold and if left untreated it can cause health issues. Not only that it can land you with remediation costs to the tune of thousands of dollars.    So what’s the issue?   Black mold is the most common problem found in San Diego homes and it can grow after a water leak, storm, or flooding. It loves areas that are warm and full of moisture as is often found on tiles, in bathtubs, attics, and in air conditioning units. Mold can start growing in just 24-48 hours and can lead to a full blown infestation in just a fe ..read more

We are always thrilled to support local non profit groups and this time we have teamed up with San Diego mountain biking group, Loose Riders.   The San Diego Chapter of Loose Riders, part of a global network, brings together the local cycling community for group rides, social events,  competitive athlete development and to connect on all things bike related.      The 92127 and Black Mountain Ranch area is an awesome place to live if you are a biking enthusiast. With miles of trails and near year around perfect weather, cyclists of all levels can get outside, ride and ..read more

One of the best things about retirement is owning your own time. You are no longer bound by week-long holidays that fit around your busy work schedule. You have the time to plan an extended vacation.  Perhaps you have grandchildren in San Diego you would love to visit, are in town for a medical visit at the city’s world class hospitals. Or perhaps you are tired of the harsh winters in the Midwest, East Coast and in Canada and are seeking a kinder climate.  San Diego boasts year around beautiful weather and is packed with attractions, great cuisine and stunning beaches. It’s rarely to ..read more

So what’s going on in the San Diego Real Estate Market? And more specifically the micro market that exists in 92127 and beyond? We give you the scoop.   The Numbers   Inventory is still extremely low, which is keeping prices high, even though mortgage rates have gone up again for buyers. Most anticipate the Feds implementing another 1/4 pt increase at their next meeting, which is already built into the market rates. What’s remarkable is that although rates are hovering between 6.5%-7.5%, the prices haven’t dropped and are expected to increase slightly. This shows you the power of lim ..read more

Did you know that California is in the midst of a home insurance crisis? If you own a home, this article is for you!   Like dominos falling, the largest insurance carriers in the U.S. are exiting stage right from California.  State Farm and Allstate announced they will no longer write new homeowner insurance policies in California, and others are following their lead by leaving the state or pulling back coverage in wildfire risk areas. This is a big deal folks!  Farmers Insurance seems to be the last holdout in California, as they are still insuring detached homes at the time of ..read more

Inventory (homes for sale):     Did you know there are 2,398 homes in Del Sur, San Diego? There are 1,704 detached homes (single-family) and 694 attached (townhomes/twin homes) homes in Del Sur. At the time of writing, there are only 4 attached homes for sale – only 1.5% of all homes in Del Sur!  In the past 12 months, 40% fewer homes have sold in Del Sur than in the previous 12 months. Active inventory has steadily decreased since last summer, and now we are at new inventory lows, with 49% fewer homes for sale between January – April 2023.  Why?    Interest ..read more