Archive for April, 2012

March Pending Home Sales Rise, Signaling Another Step in the Right Direction

posted on April 27th, 2012 | filed under: Buying Strategies, Cardiff, Carlsbad, Del Mar, Encinitas, Good People, Loving the Lifestyle, NoCo SD Market Conditions, Rancho Santa Fe, Solana Beach, Successful Selling, Taxes, Trust & Probates, Uncategorized

Pending home sales increased in March and are well above a year ago, another signal the housing market is recovering, according to the National Association of REALTORS®.

The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 4.1 percent to 101.4 in March from an upwardly revised 97.4 in February and is 12.8 percent above March 2011 when it was 89.9. The data reflects contracts but not closings.

The index is now at the highest level since April 2010 when it reached 111.3.

Lawrence Yun, NAR chief economist, said 2012 is expected to be a year of recovery for housing. “First quarter sales closings were the highest first quarter sales in five years. The latest contract signing activity suggests the second quarter will be equally good,” he said.

“The housing market has clearly turned the corner. Rising sales are bringing down inventory and creating much more balanced conditions around the country, which means home prices will be rising in more areas as the year progresses,” Yun said.

The PHSI in the Northeast slipped 0.8 percent to 78.2 in March but is 21.1 percent above March 2011. In the Midwest the index declined 0.9 percent to 93.3 but is 16.9 percent higher than a year ago. Pending home sales in the South rose 5.9 percent to an index of 114.1 in March and are 10.6 percent above March 2011. In the West the index increased 8.7 percent in March to 108.0 and is 9.0 percent above a year ago.

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posted by Jeff DeChamplain // Leave A Comment

Tips To Save You Money On Airfare

posted on April 25th, 2012 | filed under: Uncategorized

Now that spring break is over and we are settling back into our routines, we can’t help but look towards summer and that next vacation on the horizon. 

 To help you plan, I am sharing some valuable information on how to save money on airfare. These days the airfare seems to be the biggest ticket item when it comes to travel expenses, especially when traveling as a family. Use these 5 tips to help ease your travel budget free up funds for trip extras.

1. Follow your favorite airlines on Twitter. Many airlines offer exclusive deals and last-minute savings to their followers. Or, enroll in the airlines’ frequent flyer program to receive specials and promotional deals via email.

2. Use online tools to your advantage. FareWatcher Plus™ from Travelocity allows you to track up to ten routes and receive notification when the fares increase or decrease by $25, or fall below a price that you set. Similarly, you can track flights to your destination with and receive an alert when prices drop.

If you want to get away and don’t have a specific destination in mind, check SkyScanner or Kayak’s Explore feature, which allow you to type “everywhere” into your search destination to reveal deals to destinations around the world.

3. Check fares several times a day. Airfares can rise or fall at any time of day. Although fares are often released every Monday and Tuesday, there isn’t a day where flights are cheapest. If you’re traveling during a peak holiday time, consider extending your vacation by a few days to take advantage of lower fares on the days leading up to or following the peak time.

4. Book early for the cheapest fares. If you know your travel dates three to six months ahead of time, you can often lock into lower fares.

5. Consider adding a hotel to your package. You can often save money if you purchase your airfare and hotel as a package, particularly if you’re booking last-minute travel.

When comparing prices, always take into account taxes and extra fees, such as baggage fees. Taxes can often double the price, making that seemingly cheap fare to Europe not a great deal at all.

In addition these 5 tips, I found a great article from the New York Times for you with more ideas for saving on summer airfare. Click here  for the article.

Happy Travels!

posted by Jeff DeChamplain // Leave A Comment

SOLD!! La Mesa Gem on Cul-De-Sac

posted on April 9th, 2012 | filed under: Uncategorized

Great opportunity to own a home on a darling tree-lined street in a highly desirable area of La Mesa. This charming cul-de-sac home has only had one loving owner. All new vinyl windows and sliders have been installed and the roof has recently been replaced. Great split level floor plan with kitchen and living room on mail level, bedrooms upstairs and family room with wet bar and fireplace downstairs. The large two tiered back yard has custom block walls and a covered patio. Two car attached garage with laundry and newer garage doors. An easy stroll to the Trolley and the heart of La Mesa Village where you can enjoy great dining, shopping, and entertaining…all just minutes to the freeway and access to downtown. Sold For $378,000 More Photos

posted by Jeff DeChamplain // Leave A Comment

Jeff DeChamplain