4 Reasons to Buy Before This Spring

  1. Home prices are continuing to rise
    • Each neighborhood will have a different fluctuations depending on the buyer demand.  But in general, the most recent Home Price Expectation Survey reports an average annual appreciation of 3.6% over the next 5 years. Meaning a house with a listing price at $500,000 today, is projected to be listed at $518,000 next year and $536,648 the year after! This is over a $36,000 increase in just two years. This rate of appreciation is great news for homeowners who are looking to increase their net worth, but scary news for those that are waiting.
  2. Mortgage rates are on the rise
  3. Save money in the long run
    • If you are renting a home while trying to decide if now is the time to buy, you end up spending more money in the long run. Check-out this infographic that breaks down how much money you save when you invest in real estate.
  4. Less competition from other buyers
    • Many people wait until Spring and Summer to begin their house hunt. By starting in the Winter you have a jump on other buyers, who could potentially put a competing bid on the house of your dreams.

If you still have reservations, give me a call; I would love to talk more with you about the current market trends in San Diego.


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If I Was A Seller, How Would You Market My Home?

This is a question I am asked frequently and I love to answer it, because this is where my brokerage and team outshine the competitors.

My brokerage, Willis Allen, has quite a few exclusive affiliations here in San Diego, one being Luxury Portfolio which I believe is a phenomenal platform. It allows me to advertise your property, as long as it one million or more, to an international market. I can also couple this platform with another exclusive affiliation, Christie’s International. The synergy between both platforms allows me to capture a larger audience, ultimately giving the property worldwide exposure.

In today’s market, especially, the most important thing for sellers of properties one million or more, is getting the necessary exposure. Whether they are in Italy, Spain, France, or China, the buyer is out there, and that is where I will be able to market the property. In addition to the worldwide syndication, I can give you a detailed analytic report on the exposure of the property, which breaks down who’s looking at your property, by country, language or even what currency. Based on this data we can strategically market your home to whoever we determine is best suited.


When it comes to print advertising…

We have an awesome company magazine, Collection, which has a readership around 200,000 which is distributed every quarter. This is a great marketing tool, which allows me to advertise a house, regardless of price point, and gets great exposure.

Some of the regular print media Willis Allen Real Estate advertises in: Union Tribune, Riviera, Wall Street Journal, San Diego Business Journal, Luxe Magazine.

Here at Willis Allen, I have to ability to market your home anywhere and everywhere. Some of my favorites right now are Riviera, Locale and San Diego Magazine.

When it comes to online advertising…

In addition to print marketing of the home, our office website syndicates to over 600 websites, worldwide (Zillow, Trulia and Realtor.com to name a few). When roughly 90% of homebuyers start their search online, our affiliations ensure your home will be found.

 


 

Home Sales Report | October 2014

October’s edition of The Home Sales Report for La Jolla is out!

Highlight from this report: Cash sales are the national trend.

Over the past year cash sales have accounted for 49% of all sales in La Jolla. According to the National Association of Realtors, it’s not just wealthier buyers bringing all cash offers to the table; more and more first-time home buyers are taking private loans from family members to avoid the conventional loan route.

To read the full report, follow the link below:

La Jolla Home Sales Report – October 2014 Edition

Top 10 Patios in San Diego

San Diego is famous for it’s year-round perfect weather, we are “America’s Finest City” after all! When it comes to taking advantage of this day-to-day beauty, nothing is more satisfying that having your home open up to a perfect outdoor area.

These top 10 homes seamlessly transition from inside to out-doors, making the most of San Diego living.

For information on any of these listings, contact me by phone (858)518-1236 or email vincent@vincentcrudo.com

10. 5663 Abalone Place | La Jolla, Ca 92037

Abalone Pl 5 (hires)Large_Living_Room

Built: 1953

Price: $1,895,000

9. 3439 Ibis Street | San Diego, Ca 92103

Ibis2Ibis17

Built: 2013

Price: $1,078,000

8. 1421 Calle Altura | La Jolla, Ca 92037

Top10-1 Top10-2

Built: 1970

Price: $2,695,000

7. 6970 The Preserve Way | San Diego, Ca 92130

Top10-13Top10-14

Built: 2014

Price: $3,795,000

6. 7937 Old Man River | Rancho Santa Fe, Ca 92127

Top10-15Top10-16

Built: 2006

Price: $3,695,000

5. 524 Pacific Avenue | Solana Beach, Ca 92075

Top10-12Top10-11

Built: 2012

Price: $7,595,000

4. 6102 Camino De La Costa | La Jolla, Ca 92037

Top10-4Top10-3

Built: 2004

Price: $12,500,000

3. 3620 Dupont Street | San Diego, Ca 92106

Top10-17Top10-18

Built: 2014

Price: $3,195,000

2. 18511 Calle La Serra | Rancho Santa Fe, Ca 92091

Top10-6Top10-7

Built: 2009

Price: $3,295,000

1. 18010 Punta Del Norte | Rancho Santa Fe, Ca 92067

Top10-9Top10-10

Built: 2008

Price: $7,699,000

For the latest updates on these and other spectacular listings in the San Diego area, contact me or follow my Facebook page!

Phone (858)518-1236

Email vincent@vincentcrudo.com

How Do I keep My Clients Informed?

In my opinion there is nothing more important than keeping the lines of communication open during the process of buying and or selling.  It is a top priority to always make sure that my clients are informed on whatever situation is at hand and provide them with all the information needed to make a sound decision.

On the buyer’s side – there are a couple ways I can keep you in the know about the market. I’m constantly checking my “hot sheet” throughout the day, almost every hour, which instantly gives me updates about the market: what is new on the market, what has gone into escrow, what has sold; ultimately furthering my knowledge as to benefit my buyers.  If a new listing comes on the market, not only will I be notified, but you also receive an email from an automatic search I’ve set up for you based you your parameters. Once we find a property and make an offer, I always want to develop good communication with the listing agent so they would feel comfortable working with me and ultimately accept our offer.  Once we have an offer accepted there are strict time lines that the buyer has to follow as part of the purchase contract.  During the escrow period is the most important time to keep my clients informed as to what is next!

On the selling side – I feel that it is important to provide my clients with bi-weekly updates, (if not weekly), as to the showings and feedback data. Additionally, every 30 days I provide a detailed market analysis, informing you about the market conditions, any recent sales, a detailed breakdown of the analytics, and a complete report of all showing logs, feedback from other agents and prospective buyers.  In addition to maintaining open lines of communication via phone calls and emails, these updates are the best way I can keep you, as a seller, informed about the status of your property.

Example of Detailed Report Provided to Sellers Every 30 Days

Example of Detailed Report Provided to Sellers Every 30 Days

In summation, there are many moving parts that are happening during a transaction and there is nothing worse than keeping someone in the dark.  Therefore, keeping in touch and updating my clients on the process of selling or buying is a top priority of mine.

Do I Work Alone or Part of a Team?

     I work alone in the sense that when a client hires me, they are going to get me, Vincent Crudo, as their agent. I will be the one answering my phone. My clients will not get an assistant, buyer’s agent or listing agent when they call me with questions and / or concerns. When you hire me, I am exclusively yours, so to speak. Behind the scenes, I do have some assistance, however, I am always the first point of contact. I go up against a lot of other agents when I am trying to obtain listings at listing appointments, and that’s something that I feel is very beneficial to a client of mine, wanting to list or even buy their home. They are going to get me and not anybody else. I am very hands-on and my clients get much more of a personal touch then they would from a team. 

     Call me to set up a listing appointment or to help you find the home of your dreams, anywhere in the world.

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Vincent Crudo
858-518-1236 (Call or Text)
Vincent@VincentCrudo.Com
http://www.SDLuxe.com

Is the San Diego Area Growing or Declining?

     I have seen the San Diego area continue to grow. It is expanding almost upwards north as far as it can go and outwards east as far as it can. There is not an abundance of vacant property now to be developed, although, Scripps Ranch is a great area that is growing. The city is moving east toward Santee and those areas are highly desirable, with more custom homes. The San Diego market area is growing and hopefully we can continue to see jobs increase and sustain this growth. I think we are currently in a very healthy market, however, in 2005 (the “boom”) it was $0 down and 100% financing where one could get in their home then refinance to a regular loan rather than an interest only loan. Now, on the flip-side in 2014, we’re in such a healthy market where you can put money down, (typically) get in with equity, and many appraisals are coming in over purchase price which is a very good sign. In San Diego as a whole, there are lots of sales and the sale volume is there. In addition, the prices are creeping upward. Not at such a vertical rate, which I’ve seen in the past, it’s more of a steady climb. In the upper end properties we’re seeing bigger sales, waterfront sales, $16 million sales, $24M sales – even in La Jolla, Del Mar and oceanfront properties. That market range is usually the last to fall, so when those properties start selling and those prices are attained, that’s a very good sign for everyone in the lower price ranges. With that being said, I believe our market is strong and will continue to thrive.

San Diego Real Estate Market Showing Growth in 2014

Contact me today to learn more about what your property is worth
or to find out what homes are for sale in your area!

Vincent Crudo
858-518-1236 (Call or Text)
Vincent@VincentCrudo.Com
http://www.SDLuxe.com