Contact Us Email Us

Market Notes

The talk on the street is that we do not have enough homes on the market. It is certainly not what we predicted last year. As we approach summer, there will be more listings in UC but they sure are selling fast! Of the nineteen UC homes currently in escrow, thirteen of them sold in less than a week! It is not just UC with a low inventory of homes. Investors with cash are gobbling up the low-end homes and acing out “normal” well-qualified buyers. It is crazy out there and exciting too. Are you thinking of selling? Now is a great time. You can find me fastest on my cell, 858.775.1239 or send me an e-mail ktdunahoo@msn.com.
Katie Dunahoo, Certified Restidential Specialist, Broker

858.775.1239 or ktdunahoo@msn.com

 

Be Sociable, Share!

University City Statistics

As of May 23, there are 23 detached homes on the market in U.C. That is up 2 from last month. The average list price is $688,296 ranging from $450,000 to $1,175,000. The average market time is 72 days. There are 5 homes in a contingent escrow and 21 homes in escrow, up 8 from last month, with an average asking price of $634,019. The average market time was 26 days. In the last six months, 57 homes have closed escrow. The average price for these homes was $622,953 (down from last month) calculating out to $327.40 per square foot (up from last month). The average length of marketing time was 49 days.

Katie Dunahoo, Certified Restidential Specialist, Broker

858.775.1239 or ktdunahoo@msn.com

Be Sociable, Share!

Does Selling at a Loss Give Me a Tax Deduction?

In one word, NO… The Internal Revenue Service’s Publication 523 states “A loss on the sale of your main home cannot be deducted.” Even if you reinvest the proceeds in another home, you still may not deduct the loss from your previous home.

Consult your tax accountant for details if you are considering selling your home for less than you bought it.
June Kubli, Ph.D.
Broker Associate, Certified Residential Specialist
License #00911089
Coldwell Banker Residential Brokerage
Cell: 858-353-0406
EFax: 858-228-9944
Email: jskubli@gmail.com

Be Sociable, Share!

Looking to Buy or Sell in Clairemont, 92117?

Getting to know an area is very important. That’s why I put together a Market Action Report with complete analysis about Clairemont.

Average Sales Price, Average Days on Market, Sales Price Per Square Foot, Inventory and Months of Supply and much more.

This information will be very valuable in helping you understand where to price your home, the amount of inventory you realistically will be able to see in your price range and how fast you need to react in order to get the property you want. Click on the link below to view all the information about 92117.

Clairemont Real Estate Statistics April 2012

Of course, having a real estate agent that is knowledgeable in the area will be your most valuable too. Please call or email me for additional information. I am here to assist you in reaching your real estate goals and helping to educate you on 92117.

 

Kathleen A. Williams
Cell: 619.944.6520
Email: kathleen.williams@msn.com
Website: www.411SanDiegoHomes.com
CA DRE License #00909208
Coldwell Banker Residential Brokerage
930 Prospect St., La Jolla, CA 92037

Be Sociable, Share!

Renting Your Home for Summer and Winter Visitors

If you live in an area with special attractions like the Del Mar Racing Season in California or Maine’s Lobster Festival in Rockland or even one this year’s political conventions, and you have someplace you want to go, consider renting your home.

To determine how much to charge by day/week/month, look online at similar houses in your area as well as other high demand areas. You may also need to check on your city and state regulations on tourist taxes. According to the IRS Publications 527, you are allowed to rent your home tax-fee for up to 14 days a year. And finally, be sure to contact your insurer concerning the appropriate coverage.

It’s fun and is another nice way to meet interesting people from different parts of the country or the world!

June Kubli, Ph.D.
Broker Associate, Certified Residential Specialist
License #00911089
Coldwell Banker Residential Brokerage
Cell: 858-353-0406
EFax: 858-228-9944
Email: jskubli@gmail.com

Be Sociable, Share!

Chinese Buyers for San Diego Property

Buying property in San Diego as a non-citizen could not be easier and with the current currency exchange giving many foreign money holders an advantage, San Diego has become a purchase destination for many who are looking for investment property and/or vacation homes especially if you are Chinese due to the great schools, plentiful Asian markets and restaurants, and amazing climate.

With luxury homes in premier neighborhoods near the oceans of La Jolla and Del Mar as low as $1,000,000 and up, and brand new homes with new schools and neighborhoods such as Carmel Valley, 4S Ranch and Del Sur around $500,000 and up, the selection is wide.

San Diego is also a great choice due to it’s safe and secure processes as all transactions are subject to US contract law and are handled by neutral third party escrow companies who oversee all aspects of the transaction between seller and buyer. With the help of technology, many of my clients only visit the US once or even not all during a transaction to purchase a home.

As a mandarin speaking real estate agent and Certified Relocation Specialist for Coldwell Banker, I have assisted not only Chinese buyers but also many other ethnicities with relocation and investing in San Diego. If qualified, a foreign non-citizen buyer can obtain an Investment Visa (EB-5) which can lead to a citizenship. I can help with visa, tax issues, immigration and other questions or concerns you may have. If you do not have your own legal counsel in the US, I can refer you to attorneys I have worked with in the past and have provided excellent service to my clients.

Lydia Hwang Vosovic
Relocation Specialist
858.472.0608
lydia@411SanDiegoHomes.com

 

Be Sociable, Share!

Looking to Buy or Sell in University City, 92122?

Getting to know an area is very important. That’s why I put together a Market Action Report with complete analysis about University City.

Average Sales Price, Average Days on Market, Sales Price Per Square Foot, Inventory and Months of Supply and much more.

This information will be very valuable in helping you understand where to price your home, the amount of inventory you realistically will be able to see in your price range and how fast you need to react in order to get the property you want. Click on the link below to view all the information about 92122.

University City Real Estate Statistics April 2012

Of course, having a real estate agent that is knowledgeable in the area will be your most valuable too.  Please call or email me for additional information. I am here to assist you in reaching your real estate goals and helping to educate you on 92122.

Kathleen A. Williams
Cell: 619.944.6520
Email: kathleen.williams@msn.com
Website: www.411SanDiegoHomes.com
CA DRE License #00909208
Coldwell Banker Residential Brokerage
930 Prospect St., La Jolla, CA 92037

Be Sociable, Share!

Who is Probate? Animal, Vegetable or Mineral

It is none of the above. Probate is a court procedure that changes the legal ownership of your property after your death. It verifies your last will, appoints the executor whom you have named in your will and supervises the work of the executor.

Your heirs may sell your property while in probate as long as they can provide the appropriate documentation according to the Administration of Estates Act (Probate Code Section 10400). It is not difficult but does have specific forms and processes that need to be followed.

For help in navigating the waters of Probate Sales, you may want to contact your attorney and/or financial planner.

June Kubli, Ph.D.
Broker Associate, Certified Residential Specialist
License #00911089
Coldwell Banker Residential Brokerage
Cell: 858-353-0406
EFax: 858-228-9944
Email: jskubli@gmail.com

Be Sociable, Share!
Search Homes Home Evaluation

Kathleen Williams
619-944-6520

CalBRE License #00909208

Lydia Hwang Vosovic
858-472-0608

CalBRE License #01445033

June Kubli
858-353-0406

CalBRE License #00911089

Katie Dunahoo
858-775-1239

CalBRE License #00694822

Coldwell Banker
930 Prospect
La Jolla, CA 92037

Follow Us!

Categories

Coldwell-Banker