Archive for December, 2015

Market Update | Lack of Affordable Homes to Continue

posted on December 17th, 2015 | filed under: Buying Strategies, Market Update, NoCo SD Market Conditions, Uncategorized

Trends At A Glance - Dec 2015Housing affordability is one area where California can expect to experience long-term pain. Statewide, the percentage of households that earn enough to purchase a median-priced home rose 34 percent in early 2015 before settling in the low 30s—down from a high of 53 percent in 2011 and 36 percent in 2014. In high-priced coastal cities, percentages have fallen into the teens and lower.

The cause? Too many people, not enough homes being built, and rising prices that make it difficult, if not impossible, for many renters to buy. With renters paying a larger share of their income on rent, it is more difficult for them to save for a down payment.

“When I think about affordability, the first thing I think is, ‘Do we have an adequate supply?’” said Raphael Bostic, Ph.D., Judith and John Bedrosian Chair in Governance and the Public Enterprise at USC’s Price School of Public Policy, who recently returned to USC following three years as chief policy and research advisor to the Secretary of the U.S. Department of Housing and Urban Development.

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posted by Jeff DeChamplain // Leave A Comment

Pending! Waterfront Twin Home in Bristol Cove

posted on December 11th, 2015 | filed under: Bristol Cove, Business Referral, Carlsbad, For Sale, Good People, Lagoon View, Loving the Lifestyle, Successful Selling, Waterfront

Just Listed! Light and bright great room floor plan opens to cove view patio. Sleek kitchen with granite counters, stainless Jenn-Air cook top and double ovens. Beautiful tile and white Bamboo floors throughout. Spacious master retreat with vaulted ceilings and water view balcony. Luxurious spa like master bath with dual sinks, jetted tub and walk-in closet with built in organizers. Additional bedrooms share a Jack and Jill bath with jetted tub. 2-Car garage with built-ins, epoxy floors and tankless water heater.

More Info | Offered At $750,000

posted by Jeff DeChamplain // Leave A Comment

Jeff DeChamplain