Encinitas, California
An informational source for people who are relocating, with a particular focus on moving to the Carlsbad area of North County San Diego, with advice, guidance and true stories to help you on your way and make it a great journey, from a REALTOR� with plenty of personal (4 major moves, most recently from Boston to Carlsbad, California) and professional relocation experience. Are you running into problems selling your home? Need to find a new one quickly? Never moved before and haven't a clue? You'll find some great tips on how to solve your relocation issues here. Or ask me a question any time and I'll share some solutions or tell you where to get more information.
CA DRE License #01490977
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Mar. 16, 2007
Categorized in: Due Diligence
BUYERS: would you like to have some statistics on the market in your area?
SELLERS: do you want to know what market conditions are like BEFORE you list? Or to find out WHY your home is not selling and how to fix that problem?
- If you are in the San Diego County area and want this information, just let me know and I will get it for you
- If you are out of the area, let me know where you are and I can find someone to help you obtain this information (or as the agent you are working with)
You don't have to be a statistics fanatic to want to this information. WHY?
- Because an informed consumer can make the best decision regarding a purchase or the listing price on their home
- If you don't know what is going on in the market, how will you know that the home you wish to buy is priced correctly, or what you should reasonably offer?
- If you are selling, how can you possibly decide on the price to list your home at TO SELL QUICKLY and FOR TOP DOLLAR if you have no clue about the market and what comparable homes are selling for
Here is just a sampling of some things you might want to know. And the information can be in the form of a table, a graph, or simply a written summary of the market.
The graph is for the inventory in Carlsbad over the last 6 months.

Here is a table of summary statistics for Carlsbad for February:
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AS OF FEB. 28, 2007
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ATTACHED HOMES
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DETACHED HOMES
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Active
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221
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413
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Sold in February 07 / February 06
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23 / 30
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45 / 77
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Sold in Last 6 Months
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200
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393
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Sold/Pending In Last 6 months
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280
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430
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Absorption Rate (Solds)
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199 days
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189 days
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Absorption Rate (Solds Plus Pendings)
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142days
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173 days
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Average Days on Market
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77
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78
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Median Price Change From 1 Year Ago
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-3%
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-4%
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Median Price
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$441,000
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$728,750
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Average Price
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$455,062
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$774,576
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% Chng in MDN from prior month
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3%
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0%
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New on Market in February
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79
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120
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The statistics do NOT have to be elaborate, but you should have the information that wll allow you to answer the questions that you have, and to make an informed decision. Here are some other things to know about:
- # of homes active on the market (in your price range)
- # of homes sold in last 6 months
- Sale price/List price ratios of homes that are active and that have sold
- Days on market (DOM)
- Price per SF of living space of sold comparable homes
- Price range of sold homes that are comparable
You get the idea. You agent will know what kind of information may be helpful, and you will possibly have some other ideas as well.
DON'T make the decision to buy or sell solely on statistics, but they are an important part of becoming an educated consumer.
Feb. 8, 2007
Categorized in: Due Diligence
I am going out today to take my buyers to 13 homes as they try to decide on the one they want to buy - one offer already fell through - but they are taking it all in stride. Good for them!
But this is about the poor quality of many MLS listings. Preparing for our tour today prompted me to rant a bit - lousy photos, major typos, lack of information. After putting the list of homes together for our tour it was clear there were some really bad listings (on paper).
Since I think the topic is so relevant to buyers, I decided to post my rant on my other blog. But it's relevant for sellers too - if your MLS listing looks bad, it might not attract buyers who will want to see it, so what good is that? Don't you want to sell your home? If you haven't seen your actual listing, I would request to see it.
Anyhow, take a look if you feel like hearing me gripe.
And let me know YOUR thoughts. What do YOU think about the quality of MLS listings?
Are you selling? Is your listing in the MLS a compliment to your home or an embarrassment? I really want to know!
Feb. 2, 2007
Categorized in: Terminology
There are a number of terms and abbreviations you will come across in the MLS (which stands for Multiple Listing Service, BTW) when house hunting here in California ( and there will be different ones if you are looking elsewhere - so check with your agent).
I mention Mello Roos again only because it comes up so often as a question. See my earlier posts on this, including information on taxes.
HOA stands for Home Ownership Association. Very common here but perhaps a new term for those of you in other areas. Basically this is a group of homeowners in a subdivision or condo complex that manage the common areas, collect the fees for maintenance and repairs, pay the bills, establish and enforce the standards of the subdivision and related tasks. In some associations there may be a professional management company hired to do this instead, especially in larger groupings. In New England you commonly see Condo Association which is essentially the same thing.
HOA Fees are the fees levied against each property owner monthly for a variety of reasons, most commonly maintenance of the common areas, but also for repairs, the pool, gate or other community features if applicable, parking areas, etc. These can range from a fairly low amount, say $35/month, up to hundreds of dollars.
APN stand for Assessor's Parcel Number. Here in CA this is used to identify the actual property in question in the assessor's record (public record). Each property has a unique APN. The public record will identify the owners, including past ones, information about the property, details about past sales and mortgages, a parcel map, among other details.
Are there other terms you have seen and wonder about? Let me know and I will post the explanations.
Have a great weekend!
GO BEARS!
Oct. 13, 2006
Categorized in: Due Diligence
In a relocation, the role YOU have is a critical one, perhaps more so than when you are moving a short distance to a new home. Unless you are very familiar with the area you are moving to, there is much that you need to learn so that you can make an informed decision about where to live. The more time you can spend researching the area and obtaining information, the more comfortable you will feel about settling in your new location; this will help alleviate the stress also, since much of the tension will be caused by unfamiliarity and unsettled issues.
1. Use your agent's website and access to the MLS to understand the housing as much as possible - type of homes, neighborhoods, size of homes, lot sizes, age, proximity to school and shopping, etc. Keep careful notes on areas that interest you so you can research these more. There is a wealth of information on the Internet.
2. Review the Chamber of Commerce websites for the towns that interest you. These typically have lots of information about the community - services, housing, shopping, parks, schools, events, etc. You will gain a good understanding and feel for the community. The URLs for these sites will vary, so a Google search will likely lead you to the right URL. If you are moving to my area, you can search Carlsbad, Oceanside, Solana Beach, Del Mar, Vista, San Marcos, Encinitas, Cardiff. There are other nearby communities as well.
3. If schools are important, there are a number of resources on-line. You can link to my website where there is a national search site for school districts around the country. If there are particular school districts that interest you, research these on the Internet by doing a google search for that particular school district and review their site. I also suggest contacting school districts directly and perhaps getting more updated info, as well as the names of some parents to talk with. You should verify what school(s) are in you area so you know in advance, but check again once you have decided on some homes that are of interest - you might find that they are tied to different schools, and if that makes a difference to you knowing this will be important before you make an offer. While your agent may know, it is best for YOU to check this out. You will find that some information on the school district websites may be outdated, and boundaries for schools can change.
4. Crime may also be of concern, and if so you should check on this yourself. A Realtor cannot guide you to or away from an area based on crime statistics. One source is the police department for the town of interest (sometime the chamber website will have this information). You can also research this on the Internet. California also has a database of sexual offenders you can search.
I'll talk some more about due diligence in a later post. Any questions, please feel free to ask me directly if you wish.
Sep. 17, 2006
Categorized in: House Hunting

Looking for a home in your new location will be exciting, but challenging, especially if you are not nearby and need to focus only online. It can be even more stressful when you don't know the area and need to learn as much as possible quickly. The Internet is a great tool for doing this, given the amount of information that is there. And with your Realtor's help you should be able to target your search fairly quickly, once you narrow down the price range (by getting pre-approved) and the communities you are interested in. And if you know the other criteria that are critical (e.g., # of bedrooms, square footage, etc.) that will help target your searching further. (NOTE: Above is a picture, on a rather cloudy day, looking north from Mt. Soledad in La Jolla - you can really get a feel for how expansive the area is from up there - the views, especially on a nice day, are awe-inspiring, and you can see as far north as the mountains in Camp Pendleton).
1. Know your budget and price parameters. You will waste a lot of time just having fun looking if you can't narrow your search based on what you can afford. BE REALISTIC!!
2. Sign up for daily emailed listings from your Realtor so you have up to the minute listings every day to consider. This will also give you an idea of the inventory, how long homes stay on the market, and values by community. Use your Realtor's site to search for listings too, until you narrow down the communities and price range. Then you only need to consider the daily listings that are emailed since they will be homes that fit your specified criteria. If new construction is important, ask your Realtor, some but not all new construction homes/subdivisions are in the MLS; you can often find the sites for the different developers once you have the names from your Realtor.
3. Keep notes on the towns you like and general info you learn as you search. You may want to set up a file online to store listings, or use manila folders for hard copy files for each town and listings that interest you.
4. Use the maplinks on the MLS listings, Google Maps , Mapquest, or Google Earth, and a good area map to help you define the areas you would like to look in, provided you know where work will be. If you are moving to a large metropolitan area this will be important as traffic conditions, access to major roads, etc. will play an important role in how long it takes to get to work from your new home. Your Realtor can give you some recommendations based on your general criteria but you will need to do the research yourself since YOU have to decide how far a long or short commute actually is. And check it out live when you get to town. You can also do searches online for "commute times" in different major cities and determine how long, on average, it will take to drive from one location to another on various routes, and some provide up-to the minute traffic reports - check this one out for San Diego.
5. If you don't know the area at all, do some online research on the communities that appear to be near your new job(s). Generally most towns have a community website - it may be the Chamber of Commerce site or some other. You can readily find this by doing a Google or Yahoo search (or whatever your favorite search engine is). Ask your Realtor for a list of sites too.
6. If you can manage a preliminary house hunting trip, I recommend it. You can get a good general feel for the areas you have targeted and will have a truer view of the housing once you have seen some live. Have your Realtor arrange a blitz tour of some homes and towns that interest you. You can then rule out areas and homes that you find don't appeal to you or meet your criteria, and not waste time looking at the listings online in those areas.
7. Ask your Realtor to screen in/out homes that you have seen online that appeal to you based on your criteria. For example, it may not be obvious that a home is right along the freeway. Or you can't tell that the property really is better as a tear-down. Your Realtor can also preview homes for you and provide more detailed information - if they can't or won't, perhaps you are using the wrong person!
Have specific questions about Southern California, relocating in general. Email me, call me toll free at 877-845-3178, or visit my website.
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