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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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

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

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