Category Archives: Real Estate

San Diego Among ‘Hottest” Market

Posted on June 5, 2016 | Leave a comment

The median online listing time for a home in San Diego County was 37 days on market, down from 41 the month before. It had reached the No. 5 hotness spot, its highest ever, on the list in January. San Diego averages around 10.

Although what may considered a “hot” market for some, particularly sellers, might not be others.

“Market hotness has very different meanings,” said Javier Vivas, economic researcher for Realtor.com. “In our very basic interpretation, we’re simply saying there is pent up demand and limited supply.”

A lack of homes for sale, coupled with job growth and low interest rates, have pushed home prices up 6.4 percent in the last 12 months in San Diego County — making purchasing a home increasingly difficult for first-time buyers. The median home price here was $489,000 in April, said real estate tracker CoreLogic.

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New search page lets you know how your neighborhood home values are doing

Posted on May 26, 2016 | Leave a comment

The Post analysis, based on data from Black Knight Financial Services spanning 2004 through 2015, shows how the nation’s housing recovery has exacerbated inequality, leaving behind many Americans of moderate means. It also helps explain why the economic recovery feels incomplete, especially in neighborhoods where the value of housing — often the biggest family asset — has recovered little, if at all.

While a typical single-family home has gained less than 14 percent in value since 2004, homes in the most expensive neighborhoods have gained 21 percent. Regional factors such as the Western energy boom explain some differences, but in many cities the housing market’s arc has deepened disparities between the rich and everyone else, such as in Boston, where gentrifying urban neighborhoods have thrived and far-flung suburbs have fallen behind.

The findings of The Post’s analysis underscore another way in which the economy, despite its improvements over the past several years, continues to deliver better returns for some Americans than others.

In good times, housing converts income into wealth. It turns a paycheck into the next generation’s inheritance. But in neighborhoods that haven’t weathered the past decade as well, homes have become a source of debt, a physical trap and an obstacle to life’s other goals.

Enter your zip code at: https://www.washingtonpost.com/graphics/business/wonk/housing/overview/?hpid=hp_no-name_graphic-story-a%3Ahomepage%2Fstory

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Future of the Tract Home?

Posted on May 23, 2016 | Leave a comment

The design has a street-friendly two-storey frontage to the street and bedrooms on the upper level, while the living areas are in a single-storey pavilion connected to outdoor space.

With the modular form that can be adapted four ways depending on site orientation, this means living areas enjoy northern light, privacy is maintained and there is no overshadowing of neighbouring homes. There’s also a windowbox add on to increase the community feel of the house.

Mirvac general manager design, sales and marketing Diana Sarcasmo says that future home-buyers would be sure to love the ideal house design too.

“This is a home we feel confident our customers would love to live in,” she says. “It offers everything that we know families value in a home. Its cleverness lies in its modular form which can be adapted for a number of different sites and orientations.”

Category Archives: Real Estate

San Diego Among ‘Hottest” Market

New search page lets you know how your neighborhood home values are doing

Future of the Tract Home?

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