San Diego Housing Market March 2023
Avenue Properties Blog
by Avenue Properties
1y ago
According to the latest report from the National Association of REALTORS® (NAR), existing home sales in the US experienced a significant boost, increasing by 14.5% month-over-month. This marks the first monthly gain in 12 months and the largest monthly increase since July 2020. The sudden surge in sales activity can be attributed to contracts signed earlier in the year, when mortgage rates dipped to the low 6% range, causing a surge in homebuyer activity. Pending sales have continued to improve heading into spring, increasing for the third consecutive month. San Diego County home closed sales ..read more
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Just Listed! Downtown Studio For Sale 1080 Park Blvd #809
Avenue Properties Blog
by Avenue Properties
1y ago
Style & Sophisticated Downtown Living! This wonderful studio loft features incredible views, wood & granite tile flooring, granite surfaces, stainless appliances, beech wood toned cabinets, floor to ceiling windows & blinds, washer and dryer, exposed concrete & plumbing, high ceilings, tub & tile surround with glass shower wall, gated parking, storage locker, large balcony and central HVAC. Community amenities include gym, spa, bike storage, roof top sky lounge, BBQs. A must see! Details Address: 1080 Park Blvd #809 County: San Diego City :San Diego Neighborhood: 92101 ..read more
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Just Listed! BayHO 4BR Home
Avenue Properties Blog
by Avenue Properties
1y ago
This exquisitely designed 4 bedroom 3 bathroom property is well positioned on a prime 7500 sq ft corner lot in the heart of BayHo. As you pull in to the new oversized driveway, it will be obvious that this home was thoughtfully configured to offer multiple parking solutions. While entering the home, you will immediately notice the large open spaces tastefully designed to allow for fantastic entertaining opportunities, or just cozying up in front of the fire. With the variety of outdoor entertaining options, you will quickly appreciate the versatility that this property offers you and your gues ..read more
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Just Listed! North Park / Hillcrest Condo 2BD
Avenue Properties Blog
by Avenue Properties
1y ago
Discover your new and fun lifestyle at Florida Park Condos ideally situated between North Park and Hillcrest! Arrive at the steps of this stylish community and enjoy the open courtyard once inside the gates of 4025 Florida St. As you enter this beautifully appointed top floor home notice the rich toned wood/laminate floors & fireplace to cozy up to on those cool nights, be sure to check out the high ceilings that expands to the dining room to enjoy meals with friends and family prepared in the lovely kitchen featuring granite counters, stainless appliances and neutral toned cabinets just w ..read more
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San Diego Housing Market August 2022
Avenue Properties Blog
by Avenue Properties
1y ago
Builder sentiment slid into negative territory in August, as higher costs continue to impact buyers and builders alike. Buyer traffic has declined considerably this summer, + 19.1% – 19.0% with new home sales down 29.6% nationally compared to a year ago and falling to their lowest level since 2016, according to the U.S. Census Bureau. As sales slow and new home inventory piles up, builders are lowering prices to entice buyers, with about 1 in 5 builders cutting prices in August to boost sales and limit cancellations, according to the National Association of Home Builders. Market-wide, San Dieg ..read more
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Just Listed! El Cajon Home 4BD
Avenue Properties Blog
by Avenue Properties
1y ago
Located in highly desirable El Cajon. This wonderful home features 4 bedrooms, 2.5 baths, fireplace, wood-laminate flooring, updated kitchen with granite, stainless and espresso cabinets. Upgrades include newer roof, interior and exterior paint, central HVAC, ceiling fans, updated bathrooms, newer hot water heater, mirrored closet doors, walk in closet, spa tube, balcony, large patio, newer garage door and so much more is part of this El Cajon gem. 1629 Richandave is the perfect family home for a growing family and for a multi-generation family living. Enjoy the ease of the solar energy to hel ..read more
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How to Avoid Home-buyers Remorse
Avenue Properties Blog
by Avenue Properties
1y ago
As Real Estate inventory is so low, many homes don’t stay on the market for long. So home buyers will have to move fast but moving too fast leads to mistakes and regrets. Buyers get caught up in bidding wars they can’t afford. A new Bankrate survey in 2021 says 64% of millennials have regrets after buying a home. Many say the biggest problems they face include feeling financially unprepared for the costs of home ownership, overpaying on the sales prices and disliking their size of the home. Buyer’s regrets are even more of a factor in the pandemic, with sight-unseen offers and contingencies wa ..read more
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5 Questions to Ask When Selecting a San Diego Real Estate Specialist
Avenue Properties Blog
by Avenue Properties
1y ago
If you’re considering buying or selling your home—or helping your parents with a move—you’ll want to select a San Diego real estate professional who is both qualified and aligned with your priorities and preferences. These questions can help you make the best decision. 1. Are they qualified? When you are going through significant life changes, you want someone with experience, knowledge, and a helpful attitude to help you sort through your options. 2. Do they listen to your needs and answer your questions? Listening is a crucial skill for a senior specialist. Your agent should ask you question ..read more
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How Much Are Closing Costs When Selling a House in San Diego?
Avenue Properties Blog
by Avenue Properties
1y ago
You are wondering exactly how much are closing costs when selling a house in San Diego. This list is strictly an estimate and should in no way be held as the true and actual cost. The cost to sell a house depends on a number of factors, including the final sales price, the type of property, and the terms of the purchase agreement. Also, depending on the offer, you may pay part of your buyer’s fees. In California, as in most states; selling a house is not as simple as finding a buyer, receiving payment, and handing over the keys to sell a house in today’s market; y ..read more
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Just Sold Over Asking Price! City Heights Condo 2BD
Avenue Properties Blog
by Avenue Properties
1y ago
Nice upper 2 bedroom, 1 bath unit with New flooring, Newer Refrigerator, new kitchen sink, newer range hood above Range/oven, and a newer dishwasher. Carpet replaced within that last year in both bedrooms. Hurry. This unit will not last. Do not disturb tenants. The Pictures were take before tenants moved in. The unit is currently occupied. Agents, Please read the confidential remarks! Information MLS ID: 220005806 Sold Price: $340,000 Home Assocation Fee: 350 Year Build: 1979 Square Footage: 813 Sq ft Bedrooms: 2 Floors: 1 Details Exterior: Stucco Virtual Tour Link: View Tour #1 Address ..read more
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