Category Archives: Uncategorized

RE Agents report – Buyers want green homes

Posted on May 5, 2017 | Leave a comment

More than half (56%) of real estate agents surveyed by the National Association of Realtors reported that buyers were interested in sustainability when it came to their properties, according to a February survey by the NAR.
Forty-three percent of real estate agents said their multiple listings service included green data fields, and 71% of agents reported that energy efficiency promotion in home listings was “very valuable” or “somewhat valuable.”
Real estate agents said clients were most interested in sustainable home features such as efficient lighting (50%), smart-home technology (40%) and shared amenities such as bike lanes and green space (37%), landscaping for water conservation (32%) and renewable-energy systems (23%).

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How to build a property portfolio from scratch

Posted on March 6, 2017 | Leave a comment

Fancy yourself with two, three, four or more properties to your name?

With plenty of research, the right strategy and a little luck, you might get there.

We take a look at four of the most common property investment styles, and ask the experts what it takes to succeed at each.

Rentvesting – buying an investment property, and renting where you want to live – can be a very successful strategy for both first-timers and existing property owners, says Miranda Mitchell, owner of advisory business Positive Property Results.

“They might decide I’m better renting where I want to be, and maybe owning two investment properties instead.”

Mitchell says this tactic will likely help you grow your portfolio faster than if you were to become an owner-occupier. But if you want to expand that portfolio, keep a lid on the rent you’re paying, warns Mitchell.

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SD County home median price under $500k

Posted on March 3, 2017 | Leave a comment

The San Diego County median home price was $495,000 in January, unchanged for three months, CoreLogic said.

In October, the median hit $507,500 — its highest point in a decade — but has remained under half a million dollars since and pushed the nominal 2005 peak of $517,500 (or $644,487 in 2016 dollars) further out of reach.

January is typically the slowest month of the year, a lingering effect of buyers and sellers closing up shop for the holidays. There were 2,480 sales this January, up 4.6 percent from the same time last year.

Alan Gin, economist at University of San Diego, said a reason for the unmoved median home price could be rising interest rates since Donald Trump’s election victory and high prices.