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

Bill Brooks
Realtor - CalBRE #00585268

2888 Loker Ave. E., ste 206
Carlsbad, California

When selling your home, it's important that everything be in tip-top shape. This month's article highlights some fairly common repairs that will help you sell your home fast and for top dollar!

There are also a few tips on how to prevent an invasion of rodents this winter as well as some reminders on foods you should never feed your dog.

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!


In this issue...
San Diego Real Estate Market Update 
San Diego home prices cool off a bit in October.

Despite the competition in the resale home market, San Diego County saw a slowdown from rising prices in October, according to housing statistics compiled through the San Diego Multiple Listing Service by the Greater San Diego Association of REALTORS®.

Single-family median home prices last month leveled off at $645,000, slightly lower than September, while prices of condominiums and townhomes (attached properties) dipped by 2.7 percent ($418,000) in October. That’s not to downplay the fact that median home prices have still increased by more than 6 percent over the past year.

Sales of single-family homes increased more than 2 percent month over month, but are down by nearly 17 percent from a year ago. Attached properties saw a nearly 9 percent increase home sales in October compared to September, yet are 15 percent lower than October of last year. For the year to date, sales of previously owned homes are off by 9 percent compared to 2017.

“The temperature of home prices seems to be cooling, which may lead to a period of calm for the rest of the year,” said SDAR President Steve Fraioli. “However, the strength of the economy and the strong job market remains great news for buyers and industries related to real estate.” In October, the zip codes in San Diego County with the most single-family home sales were:

  • 92065 (Ramona) with 43
  • 92057 (Oceanside North) with 40
  • 92064 (Poway) with 40
  • 92128 (Ranch Bernardo East) with 40
  • 92071 (Santee) with 39
  • 92115 (College) with 39
  • 91977 (Spring Valley) with 38
  • 92028 (Fallbrook) with 37

The most expensive single-family property sold in October in San Diego County is a 13,000-square-foot Rancho Santa Fe estate on more than five acres, built in 2003, with 7 bedrooms, 11 baths, and a sale price of $13.3 million.

Reaping Returns on Repairs 
Completing basic repairs before selling your home pays off.

If you plan on selling your home in the near future, you'll want to tackle any necessary repairs ahead of time as buyers will be completely turned off if your home appears to have been neglected.

Buyers also factor fix-up jobs into the purchase price, often overestimating the costs involved, so it's best to just take care of them yourself. Here are a few repairs to consider:

  1. Grimy Grout - Dirty grout is a real turn off as it looks like mold so apply new caulking to freshen up the entire area.

  2. Flooring Fixes - Flooring can totally transform the look of your home so replace any cracked floor tiles or torn carpeting and refinish scratched hardwood.

  3. Rough Roof - If your roof needs replacing, it's better to do it before you sell as buyers get so turned off by the cost and hassle that it could be a potential deal breaker.

  4. Fresh Paint - Fill in all holes and cracks in the walls before painting. Make sure to repair and paint your baseboards so they don't look beaten up compared to your fresh walls.

  5. Curb Appeal - Your home needs to make a perfect first impression so patch cracks in the driveway, caulk windows, spruce up your porch and invest in some landscaping.

  6. Dripping Faucets - A dripping tap can signal expensive plumbing repairs to buyers. It'll probably only need a new rubber washer that costs less than a dollar so get it fixed!

  7. The Kitchen is Key - Kitchens are critical and can make or break a sale. Repainting cabinets, adding new hardware or upgrading your countertop are all worthwhile investments.

Buying a home is an emotional experience so it's critical to create an incredible first impression that will make buyers want to own your home the moment they set eyes on it! Although it may initially seem like a hassle to repair a home you'll be moving out of, it'll be well worth the time and money in the end.

Move Over Mice 
'Tis the season for mice who are looking for cozy winter homes!

Rather than dealing with mice who’ve already made themselves at home, try and prevent them from entering in the first place! Here are a few ways to refuse access:

  1. Fallen Fruit - Pick up any fruit that has fallen from the trees in your yard.

  2. Put a Lid On It - Store any food items including pet food and birdseed in rodent-proof containers.

  3. Tight Squeeze - Mice can fit through a hole the size of a pencil so fill any gaps around your foundation and soffits.

  4. Inside Job - Don’t forget to seal holes from the inside of your home and around any openings in your garage or shed.

  5. Controlling Climbers - Mice are great climbers and will try and access your roof by using vines, shrubs and overhanging branches. Cut these back so they're not able to get a leg up on entry points!

One or two mice can quickly turn into a full-scale invasion and once you have them, they’re very hard to get rid of. There’s nothing that’ll keep you up more at night than the sound of mice scurrying around inside your walls so take steps now before it’s too late.

Foods NOT for Fido 
We all share scraps with our pup but certain foods can be toxic.

The holiday season is almost upon us which means lots of delicious food! If your pup hides out under the table looking for scraps, it’s important to know what food you can share and what could be poisonous.

There are plenty of festive foods that Fido shouldn't be indulging in such as fat trimmings & bones, chocolate, salty snacks and sugary foods as they can cause serious issues or even death.

There are also many lesser-known foods that are harmful to dogs such as avocados, chives, leeks, garlic, dairy products, macadamia nuts, cooked bones, yeast dough, the sweetener xylitol, corn on the cob, persimmons, peaches, plums and grapes; to name just a few.

The holiday season is a time for sharing amazing meals with loved ones but not everything should be shared with the dog. Aside from fattening up Fido, certain foods can cause serious damage. If you’re ever in doubt, you can always look it up online.

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.