Category Archives: Real Estate

San Diego-Housing price climb lukewarm

Posted on November 1, 2016 | Leave a comment

Prices grew modestly in San Diego County’s housing market in August, capping a slow summer, said the S&P CoreLogic Case-Shiller Indices released Tuesday.

Adjusted for seasonal variation, the regional index of home prices was 5.8 percent higher in August compared to a year ago. However, compared to July, the market appreciated by .21 percent, or an annual rate of just 2.5 percent, continuing a pattern that began in June.

Most of the year’s price increases came early in the year, beginning with an annual rate of growth of 12.9 percent in January.

The housing markets of Los Angeles and Orange counties followed a similar path, with prices also increasing 5.8 percent year-over-year in August. San Francisco’s market was strongest in California, increasing 6.7 percent in the same time period.

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San Diego – Soon it will be easier to add granny flats

Posted on October 31, 2016 | Leave a comment

Lawmakers in Sacramento just made it a lot easier for homeowners to build a granny flat in their backyard, which some San Diego leaders think could help ease housing woes.

The legislation from state Sen. Bob Wieckowski, D-Fremont, takes effect in January. It was signed by Gov. Jerry Brown last week.

“SB 1069 returns more power to homeowners and reins in some of the enormous fees and requirements levied by local agencies,” Wieckowski said in a statement.

Although building secondary units on property for elderly parents coined the term “granny flats,” real estate agents and lawmakers say rent is so high that just about everyone is trying to get in one nowadays.

The legislation says that as long as the granny flat meets current zoning guidelines, the homeowners can avoid having to get a conditional use permit.

Homeowners can get out of providing parking for granny units, which cannot exceed 1,200-square-feet, as long as it is within a half mile of public transit, if they are part of an existing primary residence or in an architecturally and historically significant district.

Local agencies would be blocked from charging connection fees for the granny flats for water and sewer service. Other requirements, such as adding fire sprinklers for small accessory dwelling units even if the primary residence doesn’t need them, are eliminated under the legislation.

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5 interior design trends that turn off buyers

Posted on October 24, 2016 | Leave a comment

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Steer clear of the following buyer pet peeves when preparing your home for sale.

Unpractical bathrooms

Elaborate, contemporary bathrooms might be all the rage in design magazines, but this interest is rarely mirrored in the property market.

When inspecting a home, most buyers look for practical, low-maintenance bathrooms.

Managing director of RPM Real Estate Rodney Morley says a constant buyer turn-off is “the new trend of open showers immediately adjacent to baths”.

“Every time you have a shower you need to wipe down the bath,” he says.

This same sentiment applies to the positioning of bathrooms in every corner of the house – who has time to clean them all?

Blush pink everywhere

Blush pink may be the colour of the moment, but too much runs the risk of alienating buyers.

“We would advise you to use it sparingly,” says Sara Chamberlain, director of The Real Estate Stylist.

“It’s important to understand that males and females are different in how they react to a space. Typically, a style that is too frilly, too pink and too sparkly will be isolating to some buyers, and you never want to cut out part of the market.”

Instead of painting a pale pink feature wall in the living room, try injecting splashes of this colour through decor items than can easily be updated.

disclaimer: for information and entertainment purposes only

Category Archives: Real Estate

San Diego-Housing price climb lukewarm

San Diego – Soon it will be easier to add granny flats

5 interior design trends that turn off buyers

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