Archive for March, 2014

Reduced! Single Level Gem in Ocean Hills

posted on March 27th, 2014 | filed under: Uncategorized

Shadowridge/Ocean Hills Single Level Gem! Spacious home on large corner lot with vaulted ceilings in kitchen, family room and bedrooms. Open floor plan, very light and bright with cozy brick fireplace in Family Room. Kitchen has center island, lots of storage & counter space plus breakfast area with slider that opens up to the covered patio & back yard. Large master bedroom with vaulted ceilings, walk in closet and slider to back yard. Community amenities include Dog Park, RV/Boat Parking and low HOA’s.

Seller Will Entertain Offers Between $398,000 – $419,000 | More Info

posted by Jeff DeChamplain // Leave A Comment

Market Update | Real Estate Cycles

posted on March 24th, 2014 | filed under: Uncategorized

House Cycle 2Last month, one of the reasons we gave for low inventory was price gains were increasing home owners’ equity.

This month we’re going to talk about when that ends. Real estate is cyclical. The stages are:

  • Peak
  • Correction
  • Stabilization
  • Recovery

The cycles can run from 7 to 12 years. The last peak for San Diego County was in July 2006. The correction, or bottom, was in March 2009. The San Diego County market stabilized for the next three years, then recovered in 2013.

Since the recent peak of $469,950 in September 2013, prices have been stable in a narrow band between $450,000 and $455,000. We are now seven and a half years into the latest cycle.

We may break out of that band, or, we may not. The spring selling season will tell us a lot. Also, we’re talking about the county as a whole, in different cities, your mileage may vary.

The point is, if you have been planning to sell your home in the next five years, you may want to closely monitor the market this spring to see if you should accelerate your plans and take your gains off the table.

If you’re looking to buy, and plan on staying more than ten years, you’ll be fine.

Don’t be caught in the fool’s game of trying to time the market.

To read the full report: http://dechamplain.rereport.com

posted by Jeff DeChamplain // Leave A Comment

Preparing Your Home for Emergencies

posted on March 21st, 2014 | filed under: Uncategorized

home-emergencyWhile no one likes to think too much about disaster striking, it is important to be prepared in case of an emergency.  Having the appropriate emergency gear will help protect your home and your family in case of power outages or damage to your property.  As they say – the best defense is a good offense.  Here are the most important things to have on hand if you should encounter an emergency situation.

Fire Extinguisher: Having a fire extinguisher nearby can be critical during an emergency.  Keep one on every floor of your home, as well as an extra on hand in the kitchen.  Most fires begin in the kitchen, and you may even get a break from your insurance company for having them.  The best kind to have is a multi-purpose A:B:C extinguisher which will extinguish flames caused by electrical fires, combustibles and flammable liquids.  Be sure to check them regularly and have them recharged if the pressure gets low.  Fire extinguishers can be purchased for around $40.

Battery-Powered Smoke Detectors: Many homes today have smoke detectors hard-wired into the walls and ceiling.  It is a good idea to have at least one battery-powered smoke detector installed on each floor of your home.  Also, be sure to have one in the kitchen and near any bedrooms.  Of course, you don’t want to be woken up in the middle of the night when the detector starts chirping because the battery is low, so think about installing the type that contain a sealed-in lithium battery.  They typically last about ten years and save you from having to make frequent battery changes.  Battery-powered smoke detectors can be purchased for about $20.

Read the rest of this entry »

posted by Jeff DeChamplain // Leave A Comment

Spring Cleaning & Sucessful Garage Sale Tips

posted on March 19th, 2014 | filed under: Uncategorized

spring_cleaningWith spring just around the corner, many of us have begun to turn our attention to spring cleaning, specifically clearing out the clutter in our homes. The items that contribute most to the clutter are the ones that we no longer need or use. If an item no longer serves a purpose, why not sell it?

CLICK HERE  for information that will help you plan and organize a successful garage sale. Garage sales are a popular way to clear the clutter and make a few dollars at the same time.

Do you need a little help tackling your clutter? We recommend the efficient services of Simplified Staging & Moving Assistance by Laura DeBell.

If you love the look of a neat, organized staged home but don’t want to move, why not do a little spring cleaning and bring that look into your own home?  Laura offers assistance even when you’re not moving.  De-cluttering can be done at any time and help you to enjoy your home more fully!  Laura can assist with the process of sorting items to be discarded, donated, sold at a garage sale, or packed up for storage.  She will help you break it down into a manageable process and will dig right in with you whether you’re cleaning out a closet, a garage, or your whole house!  She can also help with making donation drop-offs or scheduling pickups and inventory for tax deductions.  If you want to de-clutter and just don’t know where to start, Laura can “Simplify” the job for you.

Laura DeBell | Ofc: 858-456-1148 | Cell: 858-750-0360| laurajdebell@gmail.com

Laura’s Spring Cleaning Special: $5 off regular hourly rate with a minimum of 5 hours – just mention this special.  Offer good through May 31, 2014

Please pass this helpful information on to your family and friends who may be planning a garage sale in the future or just need help getting de-cluttered.

posted by Jeff DeChamplain // Leave A Comment

Market Update | Lack of Inventory Stunting Sales

posted on March 17th, 2014 | filed under: Uncategorized

Trends at a Glance - MarSales of single-family, re-sale homes slumped to their lowest level since January 2011 last month.

Lack of inventory is the culprit. With 5,783 active listings on the market, we have only 123 days of inventory. In a normal market we would see around 180 days.

One would expect with the surge in appreciation over the past eighteen months, there would be more sellers on the market. Not!

Let’s run down the reasons for the lack of inventory, and why it will continue for the foreseeable future

First, it’s the economy! The local economy is picking up.

Second, taxes! Property taxes are based on the sales price and can only be adjusted upward each year by 2% or the rate of inflation, whichever is lower. Only when the home is sold can it be re-assessed to the sales price. Home owners are staying put.

Then there’s capital gains taxes when the property is sold. With all the appreciation in the area, that could be substantial, regardless of the $500K exclusion for married couples.

Third, where are sellers going to move to? Moving up in the local market incurs a hefty increase in property taxes, not to mention the higher price of the new home.

Finally, why move when the home is appreciating so much and fueling the home owners net worth?

To read the full report: http://dechamplain.rereport.com

posted by Jeff DeChamplain // Leave A Comment

Open House on Saturday | Sea Cliff in Carlsbad

posted on March 6th, 2014 | filed under: Uncategorized

Open House: Saturday (3/22) 1:00-4:00 PM

SINGLE LEVEL, DETACHED, END UNIT-Rarely available in Sea Cliff! Carlsbad Beach living at its best. Gated community with resort like amenities just a short walk to the sand and surf. Enjoy spacious living indoors & out. Bright and open single level home with vaulted ceilings, dual pane windows and wood floors. End unit location with large private yard, two patios plus backs up to open space. 2 Bedrooms + Optional/2 Baths. Enjoy Community Walking Paths, Club House, Pools, Tennis Carlsbad Beaches & Low HOA’s. More Info | Virtual Tour | Offered at $579,000

posted by Jeff DeChamplain // Leave A Comment

Jeff DeChamplain