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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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

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We Are So Grateful to You, Our Amazing Clients!

posted on November 25th, 2015 | filed under: Uncategorized

Jeff & Calu4th Annual DeChamplain Group Pre-Thanksgiving Gratitude Party

On Monday, November 23rd, we held our 4th Annual DeChamplain Group Pre-Thanksgiving Gratitude Party at our office here in Carlsbad.  We had over 50 friends and family do us the honor of attending. This event is a special way for us express our sincere gratitude to all of our clients for allowing us be their go to source for their real estate needs and for trusting us with referrals of friends and family members.

We want to extend a special thank you to Richard & Laura DeBell, past clients, friends and our chefs for the evening.  The DeBells prepared their yummy pulled pork sliders for our guests along with home made cole slaw and fresh baked chocolate chip and peanut butter cookies. What a treat! And of course, everyone went home with their choice of Julian Pie.

Thank you to all of those who came out to celebrate this warm and wonderful community of friends and family that we have had the pleasure of serving for the past 13 years.

We look forward to seeing you all again next year. Happy Thanksgiving!


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Market Update | C.A.R.’s 2016 California Housing Market Forecast

posted on November 20th, 2015 | filed under: Buying Strategies, Market Update, NoCo SD Market Conditions, Uncategorized

Trends at a glance 11.20.15California home sales to increase slightly, while prices post slowest gain in five years. California’s housing market will continue to improve into 2016, but a shortage of homes on the market and a crimp in housing affordability also will persist, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2016 California Housing Market Forecast”.

The C.A.R. forecast sees an increase in existing home sales of 6.3 percent next year to reach 433,000 units, up from the projected 2015 sales figure of 407,500 homes sold. Sales in 2015 also will be up 6.3 percent from the 383,300 existing, single-family homes sold in 2014.

“Solid job growth and favorable interest rates will drive a strong demand for housing next year,” said C.A.R. President Chris Kutzkey. “However, in regions where inventory is tight, such as the San Francisco Bay Area, sales growth could be limited by stiff market competition and diminishing housing affordability. On the other hand, demand in less expensive areas such as Solano County, the Central Valley, and Riverside/San Bernardino areas will remain strong thanks to solid job growth in warehousing, transportation, logistics, and manufacturing in these areas.”

C.A.R.’s forecast projects growth in the U.S. Gross Domestic Product of 2.7 percent in 2016, after a projected gain of 2.4 percent in 2015. With nonfarm job growth of 2.3 percent in California, the state’s unemployment rate should decrease to 5.5 percent in 2016 from 6.3 percent in 2015 and 7.5 percent in 2014.

The average for 30-year, fixed mortgage interest rates will rise only slightly to 4.5 percent but will still remain at historically low levels.

“Solid job growth and favorable interest rates will drive a strong demand for housing next year,” said C.A.R. President Chris Kutzkey.

The California median home price is forecast to increase 3.2 percent to $491,300 in 2016, following a projected 6.5 percent increase in 2015 to $476,300. This is the slowest rate of price appreciation in five years.

“The foundation for California’s housing market remains strong, with moderating home prices, signs of credit easing, and the state continuing to lead the nation in economic and job growth,” said C.A.R. Vice President and Chief Economist Leslie Appleton-Young. “However, the global economic slowdown, financial market volatility, and the anticipation of higher interest rates are some of the challenges that may have an adverse impact on the market’s momentum next year. Additionally, as we see more sales shift to inland regions of the state, the change in mix of sales will keep increases in the statewide median price tempered.”

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It’s Raining, It’s Pouring | How to Prepare for This Year’s El Niño

posted on November 4th, 2015 | filed under: El Nino, Loving the Lifestyle

RainingCalifornia has its fair share of natural disasters, from wildfires to earthquakes – all can damage property and leave residents with costly repairs or even homeless. We have recently seen this with the wildfires that are tearing through Northern California, displacing many residents and prompting FEMA to provide relief in the form of temporary shelter and financial assistance. But there’s another natural disaster that may be looming – severe flooding.

Experts are warning that this winter, Southern California will experience the strongest El Niño storm conditions in 18 years. JPL climatologist Bill Patzert, who has been tracking El Niño on satellites for months, said So Cal should expect heavy rainfall and storms that could trigger flooding and mudslides.

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SOLD for $375,000! La Costa Townhome

posted on October 29th, 2015 | filed under: Business Referral, Carlsbad, For Sale, Good People, La Costa, Loving the Lifestyle

Rare end unit in beautiful La Costa neighborhood with lots of natural light. Close to Omni La Costa Hotel & Spa, all local amenities including: gas, grocery stores, post office, library, restaurants and freeway. Located in the San Marcos school district. Great curb appeal with full-size brick driveway, two car garage, travertine marble floors in entry, kitchen and bathrooms, Plantation shutters and gas. Modern kitchen with granite countertops, stainless steel appliances and lovely breakfast nook. Two bedrooms, both with private balconies and two and a half  bathrooms – master bath has jetted tub. Top-of-the-line energy-saving Samsung washer & dryer in garage included in sale.  Seller is recently retired and very motivated to sell!

More Info | Offered At $375,000

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SOLD for $275,000! Exclusive Opportunity – Not Listed on the MLS!

posted on October 29th, 2015 | filed under: Business Referral, Buying Strategies, For Sale, Good People, Loving the Lifestyle

DSC07463-2Updated Condo In Rancho Penasquitos

Open House: Sat (10/31) & Sun (11/1) 12-3 PM

Call or Text Jeff 858-883-3324 Immediately for a private showing – don’t miss this opportunity!

This is the perfect investment property. Updated and move-in ready.  Fantastic Terra Vista community in a great commuter location (I-15 and 56).

Features: dual master suites on opposite sides of the unit – ideal for roommates, fireplace, balcony, upstairs unit, views of community pool and greenbelt.

Updates Include: Granite Countertops in Kitchen & Bathrooms, Solid Wood Cabinetry in Kitchen and Bathrooms, Tile floors in Kitchen & Bathrooms, new water heater and full size stackable washer & dryer.

Terra Vista community amenities include: Pool, Spa, Exercise Room, and community laundry facilities.

More Info & Photos | Offered At $279,000


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Market Update | What to do with Excess Capital Gains

posted on October 16th, 2015 | filed under: Buying Strategies, Market Update, NoCo SD Market Conditions, Uncategorized

Trends at a glance 10.15.15Your September 2015 Market Update

Over the past fifteen years, the value of homes in San Diego County has almost doubled.

In January 2001, the median price for single-family, re-sale homes was $265,000. In September 2015, the median price was $515,000.

Many homeowners will find they may owe capital gains tax on the sale of their property.

Most homeowners know they can exclude $250,000 of their capital gains. For married couples filing jointly, the exclusion goes up to $500,000.

The exclusion is only for your principal residence. You must have lived in the home for an aggregate of at least two of the five years before the sale.

One nice thing about calculating your gain is it is based on your home’s selling price minus deductible closing costs, selling costs and your tax basis in the property. Your basis is the original purchase price, plus purchase expenses, plus the cost of capital improvements, minus any depreciation and minus any casualty losses or insurance payments.

Deductible closing costs include points or prepaid interest on your mortgage and your share of the prorated property taxes.

Of course, like any law, there is a lot of fine print. If you are planning on selling your home, we highly recommend consulting with an accountant or real estate attorney.

Read the Full Report  |  Print the 4-Page Report (PDF)

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Fall Surfboard Swap | Patagonia Cardiff

posted on October 13th, 2015 | filed under: Cardiff, Good People, Local Community Events, Loving the Lifestyle

PatagoniaCardiff By The Sea – Looking for a new-to-you surfboard or wanting to unload a few?  Both buyers and sellers are welcome at Patagonia’s bi-annual Board Swap event.

Saturday, October 24th 8am-noon

Registration is now open if you are interested in selling any used surfboards at this event.  It is free to participate and we do not take any commission from the boards you sell. Give them a ring at the shop or email with your full name, best email to contact you at and the number of boards you would like to bring (5 boards is the max) and they will get you on the list.


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Mission Bay Clean-Up 10/17 | H2O Trash Patrol

posted on October 9th, 2015 | filed under: Carlsbad, Good People, Local Community Events, Loving the Lifestyle, Ocean View

jeff.dechamplain.beachJoin H2O Trash Patrol for their next community-based waterway cleanup and Stand Up for Clean Waterways at Ventura Cove in Mission Bay!

This is a family-friendly location. Please bring your kids and show them what it means to take care of the environment and have fun while doing it!

RSVPs are required.  More Info

5,051 POUNDS


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