Is it a good time to sell during the holidays?


Want to watch my monthly video market updates? Visit my YouTube Page:

Vincent Crudo | Crudo and Associates Real Estate


Why didn’t’ the skeleton go to the ball???? Because he had NO BODY to go with!

Happy Halloween Guys…

I’m Vincent Crudo of Willis Allen Real Estate, It’s October, 2017 and I’m here to give you YOUR Pacific Beach Market Update.

In Pacific Beach it’s still a good time to be a Seller

With our current inventory is down 6% from last month and 14% from last year makes it a competitive time to be a buyer. This year’s smaller inventory means that buyers who waited to make a purchase have smaller selection to choose from.

There was a slight increase in pending properties compared to last month (5%)

And There were 18 properties sold in September, down 18% from September of 2016 and 14.% lower than the 21 sales the previous month.

As Holiday Season is coming upon us I have been getting the question form sellers “whether or not it’s a good time to sell during the holidays?

Usually most sellers don’t want to be bothered during the holiday season

or want to wait until after the new year and that is usually why our inventory shrinks.

In Short, my answer to that question is YES, it’s a great time to put your house up for sale if you are think about doing so.

As a seller you will have less competition and a lot of active buyers in the market place.

I’m mean…come on…Look at this setting, I’m here at Law St park on the bluff, it’s 80% this place is a amazing. I used ride my skate board to this beach as a kid to go surfing and have my mom pick me up at sunset, it’s a wonderful neighborhood to grow up in and I’m blessed to live here.

If you need help in this market, buying selling or investing, who you work with matters…send me a text email or give me phone call…I’m here to help.

Want to watch my monthly video market updates? Visit my YouTube Page:

Vincent Crudo | Crudo and Associates Real Estate

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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.


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.

 


 

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.

Can I Have A Property CMA for My Area and How Do You Go About Doing That?

     In order to produce a CMA for your property, I will look at all the active, pending and sold properties in your area. I will prepare your comp two ways; one CMA will be geared towards your specific area and one will be geared toward a bit of a bigger area in order to give you the value of your home. Cities within the San Diego area, such as La Jolla, break off into many little neighborhoods, and different neighborhoods are going to have varying values depending on where you live and the unique characteristics of your property. Not one property is ever the same, so in order to determine the value which can be challenging, I have to consider all the characteristics of your home; the layout, finishes, geographical location, and much more. My report will depend on all factors. As a professional realtor that has hyper-local knowledge of my area, coupled with being a native of San Diego, is a great benefit when it comes to determining the value of a home. I have been in the majority of homes that have been on the market and have sold, so I can give you a better assessment than most appraisers or assessors.

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Contact me today to get your property CMA!

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