Hard Money Loans
Alpine, San Diego, Real Estate Market Trends and Community Information, August 2006
Author: Real Estate Investor, Category: Real Estate Investment analysis
COMMUNITY INFORMATION
Alpine is a community situated in the eastern region of San Diego County within the state of California. There are approximately 19,227 residents in this Zip code (91901) and 6,597 households. The median age of residents is 38.92 years.
TEMPERATURE
The temperature in Alpine is relatively moderate. The warmest time of year occurs in August during which temperatures reach an average high of 76°F. The coldest time of year occurs in January with average temperatures falling to 54°F.
HOME AND REAL ESTATE PRICES
The housing options in Alpine include single-family homes and properties, condominiums, townhouses, and apartments. The price of housing is as follows:
·One bedroom townhouse/condominium start in the low $200,000s.
·Two bedroom townhouse/condominium start in the low $200,000s.
·Three bedroom townhouse/condominium start in the mid $300,000s.
·Two bedroom single-family homes start in the mid $300,000s.
·Three bedroom single-family homes start in the mid $400,000s.
·Four bedroom single-family homes start in the high $500,000s.
REAL ESTATE MARKET TRENDS
As with most products and services in the United States, price shifts in the real estate industry are subject to the forces of supply and demand. Whether it’s a buyers market or a seller’s market, it is useful to evaluate home sales data for the most recent month available (June 2006), compared against the same period in the previous year (June 2005).
The median price of single-family homes in June 2006 was $597,500, which represents a 10.2% decline from the previous year. The number of homes sold in June 2006 was 17, which was down 37% from the previous year.
Homebuyers and home sellers should keep in mind that the data above is simply a snapshot in time. Therefore, the data must be evaluated over a longer duration to understand enduring market trends.
Comments Off
Bonita, San Diego, Real Estate Market Trends and Community Information, August 2006
Author: Real Estate Investor, Category: Real Estate Investment analysis
COMMUNITY INFORMATION
Bonita is situated in the southern region of San Diego County within the state of California. There are approximately 18,396 residents in this Zip code (91902) and 5,986 households. The median age of residents is 40.45 years.
TEMPERATURE
The temperature in Bonita is relatively moderate. The warmest time of year occurs in July during which temperatures reach an average high of 70°F. The coldest time of year occurs in January with average temperatures falling to 57° F.
HOME AND REAL ESTATE PRICES
The housing options in Bonita include single-family homes and properties, condominiums, townhouses, and apartments. The price of housing is as follows:
·One bedroom townhouse/condominium start in the mid $200,000s.
·Two bedroom townhouse/condominium start in the low $300,000s.
·Three bedroom townhouse/condominium start in the low $400,000s.
·Two bedroom single-family homes start in the high $400,000s.
·Three bedroom single-family homes start in the mid $500,000s.
·Four bedroom single-family homes start in the low $600,000s.
REAL ESTATE MARKET TRENDS
As with most products and services in the United States, price shifts in the real estate industry are subject to the forces of supply and demand. Whether it’s a buyers market or a seller’s market, it is useful to evaluate home sales data for the most recent month available (June 2006), compared against the same period in the previous year (June 2005).
The median price of single-family homes dropped from $849,990 in June 2005 to $782,500 in June 2006, which represents a 7.9% decline. However, more homes sold in June 2006 (20 homes) than in June 2005 (7 homes). The average time to sell a home increased slightly from 68 days in June 2005 to 69 days in June 2006. The ratio between the asking price to the sales price increased over the past 12 months. On average, sellers obtained 93.6% of their asking price in June 2005, and 94.5% of their asking price in June 2006.
Homebuyers and home sellers should keep in mind that the data above is simply a snapshot in time. Therefore, the data must be evaluated over a longer duration to understand enduring market trends.
Comments Off
Carlsbad, San Diego, Real Estate Market Trends and Community Information, August 2006
Author: Real Estate Investor, Category: Real Estate Investment analysis
COMMUNITY INFORMATION
Carlsbad is situated in the northern coastal part of San Diego County within the state of California. There are approximately 87,540 residents in this community and 34,052 households. The median age of residents is 38.89 years.
TEMPERATURE
The temperature in Carlsbad is relatively moderate. The warmest time of year occurs in July during which temperatures reach an average high of 69. The coldest time of year occurs in December with average temperatures falling to 55F.
HOME AND REAL ESTATE PRICES
The housing options in Carlsbad include single-family homes and properties, condominiums, townhouses, and apartments. The price of housing is as follows:
·One bedroom townhouse/condominium start in the mid $200,000s.
·Two bedroom townhouse/condominium start in the high $200,000s.
·Three bedroom townhouse/condominium start in the high $300,000s.
·Two bedroom single-family homes start in the mid $300,000s.
·Three bedroom single-family homes start in the high $300,000s.
·Four bedroom single-family homes start in the mid $500,000s.
REAL ESTATE MARKET TRENDS
As with most products and services in the United States, price shifts in the real estate industry are subject to the forces of supply and demand. Whether it’s a buyers market or a seller’s market, it is useful to evaluate home sales data for the most recent month available (June 2006), compared against the same period in the previous year (June 2005).
The median price of single-family homes dropped from $783,900 in June 2005 to $749,900 in June 2006, which represents a 4.3% decline. Fewer more homes sold in June 2006 (49 homes) than in June 2005 (95 homes). The average time to sell a home increased from 39 days in June 2005 to 58 days in June 2006.
The median price of condominiums and townhomes decreased from $481,000 in June 2005 to $434,500 in June 2006, which represents a 9.7% decline. Fewer units sold in June 2006 (36 units) than in June 2005 (84 units). The average time to sell a unit increased from 43 days in June 2005 to 58 days in June 2006.
Homebuyers and home sellers should keep in mind that the data above is simply a snapshot in time. Therefore, the data must be evaluated over a longer duration to understand enduring market trends.
Comments Off
Carmel Valley, San Diego, Real Estate Market Trends, School & Community Information, August 2006
Author: Real Estate Investor, Category: Real Estate Investment analysis
COMMUNITY INFORMATION
Carmel Valley is a master-planned community located in northern San Diego County within the state of California. The community of Carmel Valley within San Diego is not to be confused with the Carmel Valley region in Northern California.
Carmel Valley lies within the 92130 Zip Code. There are approximately 34,471 residents in this Zip code and 12,387 households. The median age of the population is 35.16 years.
TEMPERATURE
The temperature in Carmel Valley is relatively moderate. The warmest time of year occurs in August during which temperatures reach an average high of 72°F. The coldest time of year occurs in December with average temperatures falling to 56° F.
HOME AND REAL ESTATE PRICES
The housing options in Carmel Valley include single-family homes and properties, condominiums, townhouses, and apartments. The price of housing is as follows:
·One bedroom townhouse / condo starts in the high $200,000s
·Two bedroom townhouse / condo starts in the high $300,000s.
·Three bedroom townhouse / condo starts in the low $500,000s
·Three bedroom single-family house starts in high $500,000s
·Four bedroom single-family home starts in low $700,000s
REAL ESTATE MARKET TRENDS
As with most products and services in the United States, price shifts in the real estate industry are subject to the forces of supply and demand. Whether it’s a buyers market or a seller’s market, it is useful to evaluate home sales data for the most recent month available (June 2006), compared against the same period in the previous year (June 2005).
The median price of single-family homes reached $1,080,000 in June 2006, which was a 13.74% increase over June 2005. In contrast, the median price of condominiums and townhomes decreased to $580,000, which was a 7.2 decline from the year before.
Homebuyers and home sellers should keep in mind that the data above is simply a snapshot in time. Therefore, the data must be evaluated over a longer duration to understand enduring market trends.
SCHOOL INFORMATION
There are two School Districts that serve residents of Carmel Valley. The Solana Beach School District covers the elementary schools in the northern part of Carmel Valley, and the Del Mar Union School District covers the southern region.
Students in Carmel Valley schools undergo annual testing to evaluate their academic performance. The results of these tests are combined by the California Department of Education into a composite score known as the Academic Performance Index (API), which has a range of 200 to 1000. The statewide goal for schools is to achieve a score of 800 or above.
Based on the most recent data available as of July 31, 2006, the highest-ranking elementary school in the Carmel Valley area was Sage Canyon Elementary (API = 963), followed by Torrey Hills School (API=950), Carmel Creek Elementary
(API=946), Solana Pacific Elementary (API=945), Ashley Falls Elementary (API=943), and Carmel Del Mar Elementary (API=917). Carmel Valley Middle School earned an API of 931. For high schools, Canyon Crest Academy had an API=842, and Torrey Pine High had an API =821.
Comments Off
Chula Vista, San Diego, Real Estate Market Trends and Community Information, August 2006
Author: Real Estate Investor, Category: Real Estate Investment analysis
COMMUNITY INFORMATION
Chula Vista is situated in the southern region of San Diego County within the state of California. There are approximately 194,939 residents in this community and 62,394 households. The median age of residents is 32.89 years.
TEMPERATURE
The temperature in Chula Vista is relatively moderate. The warmest time of year occurs in August during which temperatures reach an average high of 72°F. The coldest time of year occurs in December with average temperatures falling to 57°F.
HOME AND REAL ESTATE PRICES
The housing options in Chula Vista include single-family homes and properties, condominiums, townhouses, and apartments. The price of housing is as follows:
·One bedroom townhouse/condominium start in the high $100,000s.
·Two bedroom townhouse/condominium start in the high $200,000s.
·Three bedroom townhouse/condominium start in the mid $300,000s.
·Two bedroom single-family homes start in the high $300,000s.
·Three bedroom single-family homes start in the low $400,000s.
·Four bedroom single-family homes start in the high$400,000s.
REAL ESTATE MARKET TRENDS
As with most products and services in the United States, price shifts in the real estate industry are subject to the forces of supply and demand. Whether it’s a buyers market or a seller’s market, it is useful to evaluate home sales data for the most recent month available (June 2006), compared against the same period in the previous year (June 2005).
The median price of single-family homes dropped from $610,000 in June 2005 to $595,000 in June 2006, which represents a 2.5% decline. Fewer more homes sold in June 2006 (127 homes) than in June 2005 (171 homes). The average time to sell a home increased from 47 days in June 2005 to 66 days in June 2006.
The median price of condominiums and townhomes decreased slightly from $382,250 in June 2005 to $382,000 in June 2006, which represents a .1% decline. Fewer units sold in June 2006 (46 units) than in June 2005 (80 units). The average time to sell a unit increased from 52 days in June 2005 to 85 days in June 2006.
Homebuyers and home sellers should keep in mind that the data above is simply a snapshot in time. Therefore, the data must be evaluated over a longer duration to understand enduring market trends.
Comments Off
Lake Chapala Real Estate ideal for Retiring in Mexico
Author: Real Estate Investor, Category: Closing in your Investment Deal
If you are thinking about Retiring in Mexico, or just looking for the ideal place to retire anywhere, Lake Chapala Real Estate is one of the best choices available. Besides easy access back home, a near-perfect climate, lots of activities for all tastes and a large North American community, Lake Chapala Real Estate prices are very low, not only compared to American and Canadian prices, but also compared to other favorite Mexico retirement destinations.
If you choose Lake Chapala as your retirement destination, you will find getting here and back is quite convenient, for you or for friends and family who want to visit. The main towns on Lake Chapala, Ajijic and Chapala, are about 50 minutes away from Guadalajara, Mexico’s second largest city. The international airport is on Lake Chapala’s side of the city, so it’s only 45 minutes away. This airport offers direct flight to most major cities in the United States and Canada. Toronto or New York are about a 5 hour flight away, and many American destinations are even shorter. If you friends or relatives who love road trips, Lake Chapala is only 600 miles from Texas.
While Chapala and Ajijic offer most services you’ll need on a daily basis, anything not availabe here can easily be found in Guadalajara, a major metropolitan city. Top notch medical service with modern, state of the art equipment is readily available for very reasonable prices, compared to back home, with excellent speed as well.
Climate
When it comes to climate, Lake Chapala is perfect for retirement, offering a warm climate, that also never gets uncomfortably hot. At 5200 feet sea level, the average temperature for the year is 74º F. During the hot season – April and May – temperatures can reach up to 90º, but the evenings are still quite refreshing, often going down to about 60. The “rainy season,” lasting from June to October, is the favorite time for most retirees, either visiting or living here, because of the overall moderate temperature, balanced with sunny mornings and rainy afternoons to cool things down. During this season the trees are greener, the flowers are in bloom, watered by the rain, with their colors brought to life by the sun, and the air has a fresh feeling to it. Since it is not by the coast, there is no problem with hurricanes or tropical storms. It is not surprising that National Geographic has named Lake Chapala the second best climate in the world. What better weather could you as for for your retirement?
Activities
Lake Chapala also offers a large variety of things to do, fun for everyone, and especially suitable for a retirement lifestyle. If you enjoy sports, there are golf courses in the area; tennis, volleyball and softball are popular as well. The climate and picturesque roads winding through provincial villages, the lush, green hills of the countryside, or mountain trails are perfect for jogging, walking, cycling or even horseback riding. The lake offers more than just a beautiful view; you can enjoy boating and fishing very close to home. Other kinds of activities are common, such as playing cards, craft clubs and shows, garden and plant shows or just having a barbeque in your back yard. Lake Chapala offers something for whatever kind of retirement lifestyle you prefer, unless, of course, you like stress; here, there’s only relaxation!
Foreign community
Lake Chapala is one of the favorite retirement destinations for Americans and Canadians. In Ajijic and Chapala and the surrounding villages, there are about 6,000 Americans and Canadians, not to mention a European community. Many of these are retirees, but there are a large number of younger families as well. You may find that most of your neighbors are from Ontario, New York or Texas.
Real Estate
one of the most important steps in getting ready for retiring in Lake Chapala is finding the right property to do so. In Ajijic and Chapala there are properties available in a variety of styles. There are colonial style Mexican homes to match the cobblestone roads, or modern recently built condos, and many choices between. Real Estate prices in Lake Chapala are considerably lower than similar properties in the U.S. or Canada, and even lower than other destinations for retiring in Mexico. A small, but well designed and built condo can be found for less than $100,000 US. Larger, luxury condos and beautiful single houses can go up to around $300,000 US – which is more like the starting price for something very simple and small in many destinations near the ocean!
Since, finding the right house or condo for retiring in Lake Chapala is one of the most important decisions you will make, it is equally important to find a real estate agent who will provide you with all the information you need and make sure that the paper work and transactions are carried out correctly; this way all you have do is choose the place that’s best, and get ready to enjoy retirement! Contact TOPMexicoRealEstate.com, “Your Expert Property-Finders,” to get start your property search on the right foot!
TOPMexicoRealEstate NETWORK; Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely
Mexico Real Estate NETWORK; “Mexico’s Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!” Region: Jaime Niembro has served on the Lake Chapala Real Estate board as vice president and treasurer. He also is an active member of the AMPI association having served as president including the Chamber of Commerce. Jaime is the owner broker of Ajijic Real Estate. For more information (512)-879-6546 Article Source:http://www.articlesbase.com/real-estate-articles/lake-chapala-real-estate-ideal-for-retiring-in-mexico-1448249.html
Comments Off
Help For First Time Home Buyers
Author: Real Estate Investor, Category: Closing in your Investment Deal
It seems that the demographic for home ownership in America has drastically changed compared to what it used to buy. More and more you see younger individuals purchasing a home than what you would see many years ago. And the government is doing much to help such first time home buyers. If you look in the right place you can find many ways for government programs to work for you. There are programs to help with everything from closing costs to home improvements, you only have to be willing to look for such opportunities and follow through with the requirements necessary to receive the benefits of the particular program yo are applying for. Here are just a few of the many government programs that can help you obtain home ownership.
One of the most common grants from the government to aid in home ownership is the first time home buyers grant. This type of grant is meant to help individuals pay for closing costs, and/or down payments. Often the large down payment on home or the extravagant closing costs are the reason that many are unable to purchase a home. Most individuals already pay a monthly rent so the monthly payment on a mortgage are hardly the issue but coming up with a lump some for closing costs and a down payment is very difficult for many Americans. But first time home buyers grants can take the stress out of trying to come up with all that money.
Another area of home ownership in which the government comes to the aid of Americans is when it comes to taxes. Many state governments offer rebates and discounts on taxes if the home owner is willing to fill out a small amount of paperwork by the required deadline. Sometimes such programs can save home owners as much as $800 on their annual taxes. This is no small amount of money and the savings can be used elsewhere where they may be needed more. These programs may vary by state so anyone interested should look to their local government for more information on such programs.
Finally, one of the most common grants from the government regarding home ownership are grants that can be used for home improvement purposes. These type of grants may vary by state as well but in many cases are offered by local community development agencies, although there are federal programs out there as well. Some of these programs may offer to pay for a portion of the purchase price of energy efficient appliances for the home or for the addition of energy efficient products such as insulation. Other programs may give grants for any kind of home improvement involving the curb appeal of your home as this will increase property values and ultimately taxes that the government receives. You should check with you local community development agency to get more information on the kind of home improvement grants available in your specific area.
With the many programs offered by the government you can be on your way to not only home ownership but increasing the value of your home as well.
Cathy Lopez is a well-known business writer who has been active in the business community for more than thirty years. She is currently exploring Cleaning Out Your Condolence gift baskets . See more details about Birthday gift basketsHere.Article Source:http://www.articlesbase.com/real-estate-articles/help-for-first-time-home-buyers-1313485.html
Comments Off