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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Carlsbad. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 949-573-7550 or email me today. We are one of only several real estate brokerages who are really
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| Average Home Price | $675,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 0-5% |
| Average Time on Market | 30-60 days |
| Best Selling Price Range | $600,000 - $649,000 |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | Increasing |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | Equal buyers and sellers |
| Buyer Activity for the past 90 days in Carlsbad is | Increasing |
| Seller Activity for the past 90 days in Carlsbad is? | Increasing |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | Especially on Bankowned and Short Sale/Pre-forclosures there are sometimes 10- 20 offers on one home. Particularly in the $500K and under price ranges which is driving prices up in those lower price ranges. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 25-30% |
| Is Financing Available For Qualified Buyers? | Yes |
| Comments on Financing For Qualified Buyers | Now with stricter mortgage requiremtns it is best to obtain a full loan approval before actually looking at homes. We see buyers with great FICO scores, 30% down and money in the bank, not qualify. Each individual is different so are the regualtions lenders require on different loan programs so call me if you would like a lender I can recommend to crunch numbers. As a buyer only brokergae that is all we do, represent buyers and the lenders e recommend focus 100% on their job, to find you a great loan product. |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Carlsbad! prices are down about $100K or more, since a couple years ago and slowly creeping upward. Rates may not stay low forever and real estate is a safer investment than stocks, many are realizing. |
| Nearest Metro Area | Carlsbad |
| Housing Hot Spots | Most cities within the San Diego County area are considered 'Housing Hotspots' are carlsbad La Costa area, Carlsbad Village. Also South of Carlsbad the city of Carmel Valley. call or email me for a Custom search for these or any cities you desire. |
| Average Sold Price | $675,000 - View Graph Trend |
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Suzanne Hefni-Pyle REALTOR® ABR NAEBA
Buyer`s Only Coastal Realty Office
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