San Diego Real Estate News from Bill Brooks February 2018   
  Real Estate News




Bill Brooks
Realtor - CalBRE #00585268

2888 Loker Ave. E., ste 206
Carlsbad, California
619-204-3300


 
It's important to be aware of the latest home trends, especially if you're looking for ways to make your home more appealing to buyers. This month’s article outlines some of the popular home trends for 2018.

There's also some great advice on how to maintain your smoke alarms as well as a website that will challenge your brain and donate to charity at the same time!

Thanks so much for checking out this month's newsletter. Please get in touch if you have any questions or comments regarding the articles, or real estate in general -- it'd be great to hear from you!

Bill

In this issue...
San Diego Real Estate Market Update 
January home sales fall, while prices remain stable.

Resale home transactions in San Diego County fell significantly in January from December – not uncommon for the first month of a new year, according to housing statistics compiled through the Multiple Listing Service by the Greater San Diego Association of  REALTORS®.

The rush to close on home sales by December 31 may have factored into the drop of 25 percent in single-family home sales, and 20 percent for attached properties (condominiums and townhomes) last month. Compared to January of last year, sold listings were down 10 percent for single-family homes, and 2 percent for condos and townhomes.

The median price of resale single-family homes in January dipped 2 percent month over month, to $595,000, but that’s up 7 percent from a year ago. The median price for attached properties was $409,000, up slightly from December, and 9 percent higher than January of last year. Properties were closing escrow during January in an average of only 33 days.

“January is usually one of the slowest months of the year for home sales,” said SDAR President Steve Fraioli. “Still, we’re looking at a good number of pending sales and new listings coming onto the market, so we are optimistic as we head toward a busier spring home-hunting season.”

In January, the zip codes in San Diego County with the most single-family home sales were:

  • 92027 (Escondido East) with 40
  • 92057 (Oceanside North) with 37
  • 92021 (El Cajon) with 33
  • 92028 (Fallbrook) with 33
  • 92056 (Oceanside East) with 33

The most expensive single-family property sold in San Diego County in January was a remodeled 1965 home on Ocean Boulevard in Coronado with 80 feet of beach frontage, 5,300 square feet, 6 bedrooms, 5 baths, and a sale price was $7.5 million.

Hot Home Trends for 2018 
Curious about what’s trending in homes and gardens this year?

It’s that time of year when homeowners are thinking about revamping and refreshing their space.  Here are a few of the latest trends and styles that are gaining steam:

  1. Ziggity Zag - Geometric patterns are making a comeback! It could be as simple as adding a few accent pillows or for a bolder statement, consider some patterned wallpaper.

  2. Concrete Ideas - This versatile material is becoming increasingly popular for sinks but can also be used in more unique ways such as furnishings, wallcoverings and tile.

  3. Sleep Easy - Embrace minimalist bedrooms this year with soothing neutrals and plain furniture pieces. Keeping the space simple will help you enjoy a restful night’s sleep.

  4. Full House - Multigenerational living is a major home design trend for 2018. Additional kitchens, basement renovations, and seperate entrances are just some of the ways homes are reflecting this trend.

  5. The Heart of the Home - Homeowners are injecting warmer, brighter tones on their kitchen walls and cabinets. Sinks made with materials like stone, copper, concrete or granite will also steal the spotlight in 2018.

If you're thinking about breathing some new life into your home with a new year’s makeover, be sure to take the latest trends into account during the planning stage. Hopefully these ideas have given you inspiration to inject some new style into your home!

Smoke Alarm Smarts 
Smoke detectors are important but they’re often overlooked.

Countless tragedies are prevented each year by smoke detectors. Here are a few tips to ensure your smoke detectors are in full working order:

  1. Test each alarm regularly by pressing the test button until the alarm sounds.

  2. Blow the dust out of the alarm whenever you check or change the batteries.


  3. Don't "borrow" the batteries for the TV remote as you'll likely forget to replace them.

  4. Smoke alarms should be replaced at least every ten years to ensure proper working order.

  5. Don't install alarms near windows or doors as drafts could stop smoke from reaching the alarm system.

  6. There should be at least one alarm installed on each floor including the basement and preferably every bedroom.

Alarms can be hard wired, battery powered or preferably a combination of both. Interconnected smoke alarms are best because when one alarm goes off, they all do. If you have any questions, your local fire department will be more than happy to help.

Educate and Donate 
Smarten up and end hunger, a few grains of rice at a time!

Next time your kids are on their devices, send them over to www.FreeRice.com where they can learn and donate at the same time!

Users answer multiple choice questions on a range of subjects including math, language, geography and science.  When a question is answered correctly, 10 grains of rice are donated via the World Food Program.

These questions aren’t just for kids; in fact, anyone can benefit from this game as you can adjust the difficulty level. The vocabulary section will definitely give you some mental stimulation so it’s a win-win!



PS Are you overwhelmed by scouring the internet and MLS sites looking for real estate?  Sit back, relax and let me do the work for you!  Just let me know what you're looking for and whenever a listings that matches your criteria hits the market, it'll be automatically flagged and emailed to you!

Bill Brooks and Dr. Mehrad Nazari have been friends and colleagues for more then thirty five years. I want to highly recommend his new book entitled "Enlightened Negotiation".  If you would prefer not to receive our Newsletter, then please opt out by clicking Unsubscribe link below and you will be immediately removed.

Not meant to solicit clients already under contract.