Steele San Diego Real Estate Blog
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The blog provides articles on how to sell a home or how to buy a home, guide/ tips, neighborhood spotlight, first-time home buyers, and San Diego real estate news. John & Melissa Steele, Leaders of Team Steele, Licensed Real Estate professionals in San Diego provide you with the best real estate experience possible.
Steele San Diego Real Estate Blog
3d ago
Termites are silent invaders that can cause significant damage to your home without you even noticing until it's too late. In a city like San Diego, where the climate is conducive to termite activity year-round, homeowners should be particularly vigilant. Here's everything you need to know about termites and what steps to take in order to protect your San Diego home ..read more
Steele San Diego Real Estate Blog
1w ago
Introduction - Setting the stage
As temperatures rise and the days grow longer, there tends to be a shift in the real estate market. Homes seem to fly off the market at record speeds, often fetching prices well above their asking rates. This phenomenon begs the question: Why do homes tend to sell for a premium during the summer ..read more
Steele San Diego Real Estate Blog
2w ago
An escalation clause is a provision that is sometimes included real estate contracts that allows a buyer to increase their offer if competing bids are received. This article explores the intricacies of escalation clauses, including their mechanics, pros and cons, strategies for use, legal considerations, alternatives, real-life scenarios, and tips for both buyers and sellers ..read more
Steele San Diego Real Estate Blog
3w ago
Real estate is a tangible asset with significant potential to building wealth. In today's economic landscape, understanding the role of real estate in wealth creation is crucial for individuals seeking financial stability and growth. In this article, we'll delve into how owning real estate can be a powerful tool in building and preserving wealth ..read more
Steele San Diego Real Estate Blog
1M ago
The real estate market is subject to many different influences and dynamics, and one significant aspect that often goes overlooked is seasonality. Understanding the patterns and fluctuations that occur throughout the year is crucial for both buyers and sellers to make informed decisions in the real estate market ..read more
Steele San Diego Real Estate Blog
1M ago
In the world of real estate, enhancing the value of your property is often a top priority for homeowners and potential sellers. Whether you're looking to sell your home in the near future or simply aiming to increase its market worth, strategic home improvements can make a significant difference. In this post, we'll explore various home improvement projects that are not only beneficial for your living space but also add substantial value to your property ..read more
Steele San Diego Real Estate Blog
1M ago
Vacation rentals, also known as second homes, holiday homes or short-term rentals, refer to properties rented out on a temporary basis to travelers or vacationers. With the rise of platforms like Airbnb and VRBO, investing in vacation rentals has become increasingly popular among real estate investors. This article explores the pros, cons, and key considerations associated with vacation rental investments ..read more
Steele San Diego Real Estate Blog
1M ago
In the realm of real estate, a contingent sale is a strategic maneuver that allows homebuyers to purchase a new home while simultaneously selling their current one. This article delves into the intricacies of this process, offering insights into how both buyers and sellers can navigate it successfully ..read more
Steele San Diego Real Estate Blog
2M ago
Introduction
Interest rates are a fundamental aspect of the economy and play a significant role in shaping various sectors, including real estate. Understanding the intricate relationship between interest rates and home values is crucial for homeowners, investors, and policymakers alike. In this post, we dive into the complexities through which interest rates influence the housing market and ultimately impact home values ..read more
Steele San Diego Real Estate Blog
2M ago
Real estate transactions are complex endeavors that involve numerous steps and contingencies to protect both buyers and sellers. Among these, the real estate appraisal contingency stands out as a crucial component, ensuring that the property's value aligns with the agreed-upon purchase price. In this article, we delve into the intricacies of real estate appraisal contingency, shedding light on its purpose, operation, and implications for both buyers and sellers ..read more