Category Archives: Real Estate

San Diego offers free rat inspections for homeowners

Signs of rat activity include:

  • stripped bark from plants and trees;
  • piles of cut snail shells under plants or piles of wood;
  • sounds in the attic, floor and walls;
  • rat droppings in garages, storage buildings or other sheltered areas;
  • rub marks caused by greasy rat fur;
  • damaged food containers;
  • signs of gnawing.

“The County’s Vector Control Program assists property owners with their rat control efforts by providing inspections and consultations. The County performs exterior inspections to educate property owners about structural weaknesses that may allow rats to enter structures. During these consultations, a rat control starter kit is provided to the property owner. These kits include an enclosed rat station, a rat snap trap, and an educational pamphlet with information for control measures focusing on exclusion and elimination.”

  • To request a free rat inspection: Call (858) 694-2888 or e-mail vector@sdcounty.ca.gov

San Diego home sales jumped in September

Home sales in San Diego County jumped 14.7 percent in September from the same time last year, which analysts largely attribute to a drop in mortgage rates.

There were 3,393 sales in September, said CoreLogic data provided by DQNews, up from 2,959 in September 2018.

At the same time, home prices dipped slightly. The median home price was $570,000 in September, down from $575,000 at the same time last year. It marks the second consecutive month of declining prices.

The median home price includes several home types. Here is how they fared in September:

  • Resale single-family: Median of $615,000, down from the peak of $649,500 reached in June. There were 2,216 sales, up 16.4 percent from the same time last year.
  • Resale condo: Median of $423,000, down from a peak of $440,000 in August. There were 991 sales, up 12.7 percent from September 2018.
  • Newly built: Median of $622,750, down from a median of $812,500 in October 2018. There were 290 sales, up 9 percent from the same time last year.

 

read more: https://www.sandiegouniontribune.com/business/real-estate/story/2019-10-30/san-diego-county-median-home-price

San Diego home-price gains remain below US average

Home prices were up 2.3 percent annually in the San Diego metropolitan area as of August, said the S&P CoreLogic Case-Shiller Indices released Tuesday.

The gain was part of a continued reversal of fortunes for San Diego since mortgage interest rates started to drop. For months, the metro area was at the bottom of the 20-city index. Still, at the same time last year, San Diego home prices were up 4.9 percent annually.

Price gains have slowed nationwide, up 3.2 percent in a year, with analysts saying it could be a reflection of increases returning to historic norms after years of substantial growth coming out of the Great Recession.

Lower-cost markets have seen the biggest gains in the index. Phoenix home prices were up 6.3 percent in a year. It was followed by Charlotte at 4.5 percent and Tampa at 4.3 percent.

read more at: https://www.sandiegouniontribune.com/business/real-estate/story/2019-10-29/san-diego-home-price-gains