Striking Reasons Why San Diego is a Safe City to Live In
Safety is high on the priority list for many homeowners when deciding where to live. Recently, major cities across California, like San Francisco and Los Angeles, are getting a bad reputation for being dangerous. Crime rates are on the rise in SF, with increased armed robberies leading the charge. If you’re deciding where to live in California, San Diego County could be a great choice.
Read full storyShould I Buy a San Diego Vacation Home in 2024?
Imagine waking up to the soft murmur of the Pacific Ocean, spending your afternoons surfing or exploring the world-renowned San Diego Zoo. Southern California is a hotbed for vacation homes, including sunny San Diego. Each neighborhood in San Diego offers a distinct flavor, drawing more people to move here and buy property. Purchasing a desirable vacation home in San Diego is both financially smart and can increase your quality of life. It’s important to vacation when you can and step away from the grind. However, timing is everything in real estate. Does it make sense to buy a San Diego vacation home in 2024?
Read full storyHow to Tell If There Are Ghosts in Your House
Trying to figure out if there are ghosts in your house can be confusing. In this article, we'll talk about different things that might show ghosts are around, like strange noises, cold areas, moving objects, and weird electrical problems. We'll also talk about looking into your house's past, feeling like someone is watching you, and pets acting odd. Keep reading to learn what to do if you think your house has ghosts and to learn the truth about common ghost stories.
Read full story6 Effective Ways to Sell a House Fast in California After the Summer
California, with its stunning coastline, diverse population, and promise of a unique lifestyle, is a place many aspire to call home. As a result, the real estate market here is dynamic, offering both opportunities and challenges for potential sellers. Before diving into the sale of a house in the Golden State, it's crucial to be informed about the nuances of the local market, regulations, and best practices. This ensures that homeowners can navigate the complexities confidently and achieve the best outcome.
Read full storyTop 3 Reasons Why It's Easy to Sell a House in LA
Los Angeles is renowned as the city of dreams, where stories are written, and fortunes are made. With its booming real estate market, it's also a place where houses practically sell themselves. Wondering why? Buckle up and let's embark on a journey to the city of Angels.
Read full storyWhy You Should Invest in San Diego Real Estate Right Now
What if I told you there's a golden opportunity right at your fingertips that could revolutionize your financial life? Investing in San Diego real estate could be that ticket to financial freedom. The city of San Diego offers a multitude of real estate investment opportunities. It's a market with great potential and significant growth. You'll be investing not only in a physical asset but also in a lifestyle.
Read full storyThe Impact of Rising Interest Rates on Home Sellers: What You Need to Know
In the vast and intricate realm of real estate transactions, there exists an undeniable force that holds sway over the fate of home sellers—a phenomenon none other than the ominous rise of interest rates. Brace yourself, dear reader, for the labyrinthine interplay between these ever-fluctuating numbers and the fortunes of those seeking to sell their homes is a tale fraught with intricacy and consequence. Thus, it becomes imperative for you, as an astute purveyor of real estate, to acquaint yourself with the profound implications that ensue when interest rates ascend to unprecedented heights. Allow me to illuminate your path through this convoluted terrain, shedding light upon the labyrinthine implications that await you.
Read full story3 Ways to Sell a House with Solar Panels in San Diego
Selling a San Diego property that has solar panels is easier than you think. Solar panels continue to rise in popularity. It can be a great way to maximize the value of your property and save on electricity bills. Not only do solar panels reduce your electricity bill, but they can also increase the resale value of your home. By installing solar panels on your roof, you can make your property more appealing to potential buyers. Plus, you can enjoy the added benefit of helping to reduce the environmental impact of your home. With the right preparation and knowledge, you can easily sell a solar-powered house in San Diego, California.
Read full storyNew Short-term Rental Laws are Changing Airbnb Hosting in San Diego
If you're thinking of Airbnb-ing your house in San Diego, you should know that the local laws have changed significantly in the past few years. San Diego vacation rentals are now required to get a business tax certificate, along with a business license if they make more than $2,000 in a year. Secondly, hosts have to pay Transient Occupancy Tax on each rental. There’s a new cap of 1% of the total housing stock in San Diego (besides Mission Beach) that are allowed to legally rent out short-term units. That’s a major hit to some Airbnb hosts!
Read full storyThe Continuous Struggle of Finding an Apartment for Rent in San Diego
Finding an apartment in San Diego can be a daunting task. With the housing market in San Diego being incredibly competitive, it's hard to find an affordable place to rent that isn’t insanely priced. Prices for apartments are rising and vacancy rates are decreasing, making it increasingly difficult for tenants to find a place to live. On top of that, the number of rental listings has been steadily declining since 2017, with the total rental inventory dropping by nearly 10% in the last two years alone.
Read full story3 Creative Ways to Sell Your House in Escondido
If you own a house in San Diego county, you likely realize that prices have gone down steadily over the past few months. Although no one has a crystal ball, there’s a chance that property values could continue decreasing in 2023. For this reason, homeowners are looking for creative ways to sell their properties that are sitting on the market. Particularly, in cities, like Escondido, selling a home is becoming more challenging because there are fewer buyers.
Read full storyWill Millennials Ever Be Able to Afford a House in San Diego CA?
Admittedly, there is an element of truth to millennials complaining about their current financial situation as a generation. They have arguably accrued more student debt than any other generation, besides the ones that came after them. Inflation has also been outpacing wage increases over the past few years. Making “one hundred thousand dollars” as your yearly income doesn’t carry nearly as much weight as it used to, especially in California. Even if you make 6-figures, you’re maybe considered middle class in parts of San Diego.
Read full storyPhilly Squatter Issue Persists
philly squattersPhoto byBrotherly Love Real Estate. The squatter problem in Philadelphia, Pennsylvania continues to persist. Although certain economic statistics signal that the economy is getting better, Philly is showing the opposite. There is still a massive homeless person problem, which leads to break-ins and squatter situations. Have you ever dealt with a squatter in your rental property?
Read full storyHere’s Why You Shouldn’t Invest in Neighboring San Diego Cities
If you are like many San Diego residents, you may be frustrated with how expensive real estate is around here. You’re not alone. Housing prices have risen dramatically in San Diego, and the surrounding cities, over the past decade. The pandemic also caused real estate prices to surge over the past three years. At this point, you may be ready to jump into the real estate game and buy your first investment property in San Diego. If you’re ready to plunge in, keep reading.
Read full storyHow Crypto Will Change the Home-Selling Process
Cryptocurrency and blockchain technology are drastically changing many industries. Although the real estate industry is usually slow to adapt to technology, it’s not excluded from this wave of change. Selling a home will be extremely different once blockchain technology is fully integrated into the real estate industry. Many people believe that real estate agents won't be involved. Theoretically, you can sell a house without a realtor on the blockchain and have no issues. Home sales that take place on the blockchain can happen in minutes with 100% accuracy.
Read full storyWhy Real Estate Investing in San Diego Will Boom in 2023
Real estate values in San Diego have undoubtedly trended downward over the past few months. The interest rates are continuing to rise, making mortgages much more expensive. Fewer buyers are interested in purchasing homes. Additionally, fewer homeowners can sell and buy a new house, also due to high interest rates. So, why is real estate investing about to boom in San Diego, California? Let's find out.
Read full storyWhat Selling a House in 2023 Will Be Like
2023 is looking grim for the real estate market. Are you considering selling a house next year? Review all available market data points and trends that you can before starting off on this endeavor. Interest rates are extremely high at the moment. This is causing mortgages to be very expensive. Home buyers are getting priced out of the market. Demand for houses is falling, which makes it more challenging to sell a house. Good real estate deals for buyers may begin to pop up more for investors. However, borrowing money to purchase these homes may continue to be more unattainable.
Read full storyHow to Deal With Squatters in Your Rental Property
Squatters can surprisingly be a common issue for those that rent out their properties. Luckily, there is a specific process to follow to ensure that they don’t get taken advantage of. It is important that landlords quickly begin the evacuation process because the longer squatters live at a residence, the more likely it will be legally determined to be the squatter's property. Landlords should first call the police, serve squatters with an eviction notice and file a lawsuit if the squatter refuses to leave.
Read full storyHow to Find a Good Real Estate Deal in California?
Searching for the right real estate deal is not easy. You must first find the right area in California that you want to buy in. There are plenty of options, including tons of neighborhoods that you’ve probably never heard of. Don’t let that scare you away from buying a home there. California has a TON of great options for purchasing properties. You can find great real estate deals anywhere, as long as you buy them for the right price. That’s what it’s all about. Bidding wars for properties can ensue. However, with enough consistency, you can find a good deal in a competitive real estate market. Keep searching for ones that make sense for your numbers and you won’t be disappointed.
Read full story