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




Bill Brooks
Realtor - CalBRE #00585268

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


 
Moving can be extremely stressful if you don't plan out the details ahead of time. This month's article offers a pre-move checklist that will help you prepare for the big day!

There's also some advice on how to create a fire escape plan for your home as well as a few tips on how to help get the kids back into the school sleep routine.

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 
Mid-summer home sales start to slow down.

Sales of previously owned homes in San Diego County pulled back in July, according to housing statistics compiled through the Multiple Listing Service by the Greater San Diego Association of REALTORS®.

Resale single-family home purchase were down 10 percent in July compared to June, and condominiums and townhomes (attached properties were down more than 14 percent from the prior month.

Compared to the same month last year, single-family home sales were down over 6 percent, and condos/townhomes were down more than 12 percent. However, the number of homes for sale are up more than 11 percent from a year ago.

Prices continue to be the bright spot, at least for sellers. The median price of single-family homes reached $657,000 in July, up slightly from June, and the price of attached properties ($425,000) was up about 1-and-a-half percent. Prices of resale homes have increased a solid 7.5 percent from a year ago.

In July, resale properties were closing escrow in an average of 27 days, and there is about a 2.4 months’ supply of homes on the market. A healthy supply is about 5 months.

“Demand is still outpacing the supply of homes,” said SDAR President Steve Fraioli, “but it’s clear that inventory of homes for sale has improved over last year. That should encourage buyers.”

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

  • 92028 (Fallbrook) with 59
  • 92127 (Rancho Bernardo West) with 57
  • 91917 (Spring Valley) with 56
  • 92064 (Poway) with 54
  • 92057 (Oceanside North) with 50

The most expensive single-family property sold in San Diego County in July was a 6,000-square-foot historic 1926 Coronado mansion on Loma Avenue, with 4 bedrooms, 6 baths, and a sale price of $15 million.

Cut the Stress with a Moving Checklist 
The key to keeping calm during a move is to plan in advance.

Moving to a new home is an exciting life change but it can also be very stressful if you're not properly prepared.

It's important to create a detailed checklist a few months ahead of time in order to ensure things go smoothly. Here are some points to help get you started:

Two Months Before

  • Itemize all of the major items you'll be moving.
  • Get estimates and book the movers or a rental truck.
  • Have a garage sale or donate items to charity to get rid of excess clutter.
  • Start sucking up to friends and family for help!

 One Month Before

  • Switch your insurance, medical and school records to your new location.
  • Arrange to disconnect and reconnect utilities and phone/internet services.
  • Notify any other important parties of your new address.
  • Start stockpiling various sizes of boxes.

 Two Weeks Before

  • Start packing up room by room.
  • Plan meals so food in your fridge and freezer gets used up.
  • Arrange for someone to look after your pets on moving day.
  • Return library materials and other rental items.

The Final Week

  • Water your plants a few days before you move.
  • Put together a small bag of clothes and toiletries for the first few days.
  • Gather valuable items such as legal documents and family photos so you can transport them yourself.
  • Pack a box with essentials such as cleaning supplies, chargers, light bulbs, soap, garbage bags, etc. for the first week in your new home.

Day of the Move

  • Make sure you have your new keys.
  • Double check the movers have your new address and cell phone number.
  • Have lots of refreshments on hand for your busy helpers!

 Moving can cause a wide range of emotions from sadness to extreme excitement. Although moving can be stressful at times, a little bit of planning will provide you with some very valuable peace of mind. With the help of this checklist, you can now breathe a sigh of relief and enjoy this exciting new phase of your life!

Planning a Family Fire Escape Plan 
It’s important to be prepared in the event of a fire.

Planning for a house fire isn't something most people want to think about but if such an event occurred, you’d need to act fast. Having a fire escape plan is critical so here are a few points to consider:

  1. Floor It - Draw up a floor plan of your home that shows at least two ways out of each room.

  2. Keep it Clear - Ensure there aren’t any obstacles in front of windows, doors and escape routes.



  3. Practice Makes Perfect - Crawl through escape routes with your family during annual practice drills.

  4. Window of Opportunity - Family members need to know how to open all windows and remove screens.

  5. Climb on Down - Make sure escape ladders are accessible and not buried in the back of closets.

  6. Rendezvous - Designate a special meeting place for all family members once you've evacuated.

  7. Get Out & Stay Out! - Remind children never to re-enter a burning home under any circumstances.

If you live in a condo or apartment building, ensure you know the evacuation plan and do a few practice drills. Knowing what to expect and how to act is key in any emergency situation so practice your escape plan at least twice a year.

Back to School Sleep Tips 
Ditching the lazy days of summer doesn’t have to be a drag.

As summer winds down, we need to start getting the kids back into the school time routine, starting with bedtime. Here are a few tips to help them adjust:

  1. Screens Out - Don’t let your kids play video games before bedtime as screens can affect their sleep.

  2. Get Moving - Exercise improves sleep considerably so try and sneak in extra activities throughout the day but avoid it two hours before bed.


  3. Gradually Adjust Bedtime - Don’t wait until the night before school. Instead, gradually take it back 10 - 15 minutes early until you reach the desired time and get up at the same time each morning.

Being sleep deprived will affect both your kids and your own ability to focus and learn. It’s therefore important to adopt good sleep habits to help increase your energy levels during the day which will in turn help you sleep better at night.



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.

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