Rancho Santa Fe Category

Schools Almost Out! 2015 Summer Camp Directory

posted on May 4th, 2015 | filed under: Cardiff, Carlsbad, Del Mar, Discovery Hills, Encinitas, Good People, Leucadia, Local Community Events, Loving the Lifestyle, Ocean View, Oceanside, Rancho Carrillo, Rancho Santa Fe, San Marcos, Solana Beach

Summer-Camps-Logo2Summer fun is right around the corner and it’s time to start thinking about activities to keep your kids busy.

Whatever your child’s interests, our 2015 Summer Camp Directory will help you find the perfect fit for your child’s summer vacation. The enclosed directory includes a wide array of camps in prime North County San Diego locations near the ocean, parks and campgrounds.

Your child’s summer adventure awaits.  Act quickly as most summer camp programs fill up fast.

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North County 4th of July Celebrations

posted on July 2nd, 2014 | filed under: Del Mar, Good People, Local Community Events, Loving the Lifestyle, Rancho Santa Fe, Uncategorized

4thAmerica was founded on the principle of community, so what better way to celebrate our collective civic pride this Fourth of July than right in our own communities!  We are proud to serve the region we call home and believe in supporting local companies, organizations and events.  With that in mind, here’s a look at some of the fun activities happening right in our own neighborhoods during this upcoming holiday weekend.  We hope to see you at one – or many – of them!

Del Mar’s Fourth of July Celebration at the San Diego County Fair

What better place to celebrate Independence Day than at the San Diego County Fair, located at the Del Mar Fairgrounds?  The day begins with an Opening Ceremony at 9:30am, followed by a huge roster of activities throughout the day such as exhibits, contests, a parade, and much more.  A beautiful fireworks display will being at 9pm and will be visible throughout the fairgrounds.  The fair will be open until midnight so you can wring every last bit of fun out of the day!  MORE INFO

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More people are ‘going to California’ for housing

posted on June 17th, 2013 | filed under: Buying Strategies, Cardiff, Carlsbad, Del Mar, Encinitas, For Sale, Leucadia, Loving the Lifestyle, NoCo SD Market Conditions, Rancho Santa Fe, Solana Beach

In certain houCal Housesing markets, it seems homes are selling like hot cakes. Buyers in California are feeling the heat more than anyone, with four of the top five fastest-moving housing markets in The Golden State.

Orange County, San Diego, Sacramento and Los Angeles topped the list, with Las Vegas coming in at no. 5, according to data from ZipRealty.

In Orange County, the median days homes spent on the market dropped from 52 to 15, a 71% decrease year-over-year in March. Additionally, 29% of homes in Orange County sold in seven days or less. Conversely, the median home price shot up 27% year-over-year o $495,000.

San Diego saw a similar change year-over-year, with the median days on market dropping 59% from 49 days to 20 in March. One-quarter of San Diego houses sold in seven days or less, and the median home price jumped 22% to $390,000.

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Market Update: Home Price Surge to Moderate

posted on June 14th, 2013 | filed under: Buying Strategies, Cardiff, Carlsbad, Del Mar, Encinitas, Loving the Lifestyle, NoCo SD Market Conditions, Rancho Santa Fe, Solana Beach, Successful Selling

Last month we saw that the decline in the number of distressed home sales, bank-owned and short sales, has been the main driver in the recent surge of prices.

What we didn’t explain was why there were so few distressed property sales.

When the market was reaching its nadir in 2009, institutional investors poured in with big money and purchased bulk foreclosed properties from the bank, which they then turned around and rented.

That’s why the “shadow inventory” every pundit was trumpeting a few years ago never appeared.

Well, guess what? Those same investors are now fleeing the market.

According to Businessweek’s interview with Bruce Rose, hedge fund manager and one of the first to put money into buying bank-owned property, “we just don’t see the returns there that are adequate to incentivize us to continue to invest.”

What does that mean for the rest of us? First, we’ll be seeing more bank-owned properties come to market. Second, price increases should moderate.

To read the full report on-line, go to: http://dechamplain.rereport.com

Trends 6.14.13

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Nationwide Housing Affordability Reaches New Record High

posted on June 8th, 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, Trust & Probates, Uncategorized

RISMEDIA, Thursday, June 07, 2012— Nationwide housing affordability hit a new record high for a second consecutive quarter in the first three months of this year, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI). Yet tight lending conditions continue to pose a major obstacle to many prospective home buyers.

The latest HOI data reveal that 77.5 percent of all new and existing homes that were sold in this year’s first quarter were affordable to families earning the national median income of $65,000. This beats the previous record set in the final quarter of 2011, when 75.9 percent of homes sold were affordable to median-income earners.

“Homes in this year’s first quarter were more affordable than they have been at any time in more than 20 years, yet many potential sales are not happening because of overly tight lending conditions that are keeping hardworking families from obtaining a suitable mortgage,” says Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla. “Without this significant hurdle, the housing and economic recovery could be proceeding at a much stronger pace.”

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May 2012 U.S. Economic and Housing Market Outlook

posted on May 24th, 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

Freddie Mac released recently its U.S. Economic and Housing Market Outlook for May showing for the most part encouraging signs with the release of several first-quarter 2012 economic indicators.

Outlook Highlights
•Initial estimates for first-quarter 2012 economic growth was 2.2 percent, slower than the previous quarter, but better than three of the past four quarters.
•Personal consumption expenditures grew at a 15.3 percent annual rate reflecting continuing strength in consumer durables such as cars and kitchen appliances.
•Residential fixed investment like new housing construction and remodeling expenses have been a net positive contributor to growth for four straight quarters; however, it remains weak for this stage of the economic recovery compared with previous business cycles.
•Home prices at or near a trough in many markets bodes well for further declines in delinquency rates.
•Fixed-rate mortgage rates are the lowest in more than 60 years, providing extraordinary home-buyer affordability in many areas and likely translating into a sales pickup relative to last year.

According to Frank Nothaft, Freddie Mac, vice president and chief economist, “Taken together, the first-quarter data releases provide an encouraging sign for both the macroeconomy and the housing recovery. While not uniformly positive, for the most part the data trend in the right direction.”

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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.

Copyright© 2012 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia

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