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KYLE STANLEY

Ranch & Coast Experts!

(619) 757-5169
Kyle@DelMarRealtyPartners.com

Low Inventory in Carmel Valley

03/24/2016 by admin Leave a Comment

THIS WEEK
The median list price in SAN DIEGO, CA 92130 this week is $1,475,000.

Inventory is tightening and days-on-market is falling. But demand as measured by the Market Action Index is also trending down. The market is not giving strong up or down signals from these data.

SUPPLY AND DEMAND
The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

PRICE
Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

MARKET ACTION INDEX (MAI)
The Market Action Index answers the question “How’s the Market?” by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer.

Filed Under: Buyers, Carmel Valley, Fairbanks Highlands, Gated Communities, Golf, Inventory, Market Trends, Real estate, Sellers Tagged With: 92013, carmel, diego, estate, homes, inventory, market, real, sales, san, trends, valley

Rancho Santa Fe Days-On-Market are Trending Down

03/24/2016 by admin Leave a Comment

THIS WEEK
The median list price in RANCHO SANTA FE, CA 92067 this week is $2,965,000.

The Market Action Index has been climbing lately while days-on-market are trending down, these point to a positive near-term outlook for the market.

SUPPLY AND DEMAND
While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

PRICE
Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

MARKET ACTION INDEX (MAI)
The Market Action Index answers the question “How’s the Market?” by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer.

Filed Under: Buyers, Equestrian, Fairbanks Ranch, Gated Communities, Inventory, Market Trends, Rancho Santa Fe, Real estate, Sellers, The Bridges, The Covenant Tagged With: estate, fe, home, inventory, market, rancho, real, sales, santa, trends

Carmel Valley Prices are Likely to Resume Upward Climb

03/14/2016 by admin Leave a Comment

THIS WEEK
The median list price in Carmel Valley, CA 92130 this week is $1,385,000.

Inventory is tightening and days-on-market is falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices.

SUPPLY AND DEMAND
The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

PRICE
Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

MARKET ACTION INDEX (MAI)
The Market Action Index answers the question “How’s the Market?” by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer.

Filed Under: Carmel Valley, Fairbanks Highlands, Gated Communities, Golf, Inventory, Market Trends, Rancho Pacifica, Real estate, Sellers Tagged With: 92130, carmel, diego, estate, homes, inventory, real, sales, san, valley

Rancho Santa Fe Inventory is Growing

03/14/2016 by admin Leave a Comment

THIS WEEK
The median list price in Rancho Santa Fe, CA 92067 this week is $2,990,000.

Inventory is up and Market Action is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit.

SUPPLY AND DEMAND
While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

PRICE
Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels

MARKET ACTION INDEX (MAI)
The Market Action Index answers the question “How’s the Market?” by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer.

Filed Under: Buyers, Fairbanks Ranch, Gated Communities, Inventory, Market Trends, Rancho Santa Fe, Real estate, Sellers, The Bridges, The Covenant Tagged With: 92067, estate, fe, home, inventory, rancho, real, sales, santa

Rancho Santa Fe Home Sales are exceeding new inventory

02/16/2016 by admin Leave a Comment

THIS WEEK

The median list price in Rancho Santa Fe, CA 92067 is $3,100,000.

The Market Action Index has been trending down lately, while inventory and days-on-market are climbing,. These trends imply a weakening Rancho Santa Fe real estate market.

SUPPLY AND DEMAND

Rancho Santa Fe home sales have begun exceeding new inventory for several weeks. Since this is a buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trend continues, the market moves into a seller’s zone, and we are likely to see upward pressure on pricing.

PRICE

Rancho Santa Fe real estate prices seem to have settled around a plateau. Look for a persistent down-shift in the MAI before we see prices move from these levels.

For additional information please call Chris & Kyle at (858) 213-9999. Thank you!

Filed Under: Equestrian, Fairbanks Ranch, Gated Communities, Golf, Inventory, Market Trends, Rancho Santa Fe, Real estate, Sellers, The Bridges, The Covenant Tagged With: equestrian, estate, fe, homes, horse, house, properties, property, rancho, real, sale, santa

How to Sell Your House and Buy another at the Same Time!

02/09/2016 by admin Leave a Comment

Is the house you’re in now too small for your growing family? Perhaps the kids are finally in college and you’re ready to downsize.

Are you thinking of moving, but want to sell your house first, and use the proceeds to buy the next one?

Most every homeowner has substantial equity now – transferring it to the new home is best accomplished by selling and buying concurrently.

But when potential sellers casually look around at the standing (unsold) inventory, they don’t see anything worth the bother. If a good listing does pop up, the listing agent doesn’t want to consider your offer that is contingent upon selling your home that isn’t on the market yet.

Due to the lack of inventory for San Diego coastal real estate along with historically low interest rates, now is an excellent time to sell your home.

So how can you sell your home, buy another and not get stuck making 2 mortgage payments?

The short answer is to list your home and accept an offer contingent on you finding another home. A contingency under normal circumstances can weaken your position with the buyer. In other words, you might not get as much for your home as you wanted because you’re making them wait to take possession. But in today’s San Diego coastal real estate market inventory is very low. Buyers are lining up to purchase good San Diego homes that are priced fairly. Every day we’re seeing multiple offers. They really don’t have any other choice but to accept your contingency!

If it is easier selling than buying, how can we pull off both?

1. Trust that there will be new and better choices coming to market.
2. List your home with us, subject to finding a suitable replacement.
3. We’ll find a buyer for your home who is willing to wait 30-60 days.
4. Be as flexible as possible on the criteria of the next home.

OK but If I sell my home on contingency then don’t I become one of the buyers trying to find a home with limited inventory?

Yep! You can’t have it both ways! We’ll need to discuss where you want to move to and whether you’re moving up or down in purchase price.

Remember….your home is in escrow contingent on finding another. Your “ace in the hole” is the fact that you don’t have to sell your home.

Recently, we have done a couple of these successfully. With the tight inventory, buyers are being more flexible about timing. They are already starting their search well before their lease is up, and a slightly-longer process (1-2 months) can suit their situation too.

It helps to see houses in person. Let’s take a tour of the latest listings that might suit your needs, just to get a good feel of what to expect for the money. The personal tour will help get you familiar with the process too.

•It helps to have your house ready to sell. Have us over for a consultation of what tune-ups you might needs to maximize your selling price.
•It helps to have an agent who represents buyers and sellers. If you have different people on each end, the comfort level isn’t the same – and you don’t get a package deal on the commission.

Of course neither you nor I want to waste each other’s time with you having to keep your property in model home condition every day while we continually market it for sale only to end up not finding another home and having to cancel our listing!

Contact us and let’s see if this makes sense with your specific situation. We need to determine how much cash you’ll have with the sale of your home and ultimately….how strong of a buyer you’re going to be!

Filed Under: Beach Colony, Buyers, Carmel Valley, Del Mar, Del Mar Heights, Del Mar Terrace, Fairbanks Highlands, Fairbanks Ranch, Gated Communities, Golf, Inventory, La Jolla, Market Trends, Olde Del Mar, Rancho Pacifica, Rancho Santa Fe, Real estate, San Diego, Sellers, The Bridges, The Covenant

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Del Mar Realty Partners

Kyle Stanley - Broker/Associate
(619) 757-5169

BRE Lic. No. 01858490

WHAT WE DO

White glove representation of luxury home buyers and sellers in Del Mar, Carmel Valley, Rancho Santa Fe, Solana Beach, Encinitas, Carlsbad, La Jolla and other fine communities in San Diego.

Rancho Santa Fe's premiere equestrian estates/facilities experts!

Professional services includes Del Mar & Solana Beach vacation rentals plus luxury race track season beach homes and condos.

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