San Diego Real Estate with Chris and Cassidy
San Diego Real Estate with Chris and Cassidy
Buying, selling, or relocating in North County San Diego…we gotcha! Focusing on residential real estate Cassidy, Chris, and their team is well known for their attentive service, leading-edge strategy and marketing, and extensive local knowledge. Whether you’re making a move or hunting for your dream home we are dedicated to making your process easygoing, stress-free, and successful.
This is the channel you come to if you're considering selling your home in North County! We live here, work here, and play here and we enjoy sharing our many years of experience in the real estate world with you. Our goal is to keep you up to date on the North County San Diego market and provide you tips and strategies for a successful sale!
Call/Text: 760-274-8760
Email: [email protected]
Website: livininsandiego.com
Chris Erickson DRE 01996646
Cassidy Lewis DRE 01943342
eXp Realty
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😋 "Promo SM"
How's it looking for Crown Pointe?
Selling my condo, to my neighbor, no mortgage, negotiated seller paying all closing costs. What, if any are my costs?
Hey Bill! Cassidy sent you a reply to your email. Just following up to make sure you got it@!
What are you guys seeing out there?
good video
Glad you enjoyed 👍
Enjoy your channel, very informative. How about some info on, when paying cash for a house.
Great suggestion! Anything specific?
wow🥰🥰🥰
😀😀
this is ultra incredible!!! that means that the real estate market is no longer location, location it's now above asking price !!! 8%- 15% that means your new neighbors will love you since there home value has now increased as well super game changer in real estate forever 2024 💸 💰 🤑 🏡 🏠
Location is still super important - i.e. is it near a main road or freeway. Even right now in SD about 23% of the homes on the market have had a price reduction. The homes that are priced properly and prepped for the market seem to sell the quickest for the most money.
abolish zoning
mans casually said a 1.2 million dollar home is entry level .... entry level for who!? the average salary in SD is under 100k. locals cant afford this
Yeah, the prices really accelerated over the past few year. Avg price for single family home right now is closer to $1.3M when it was about $860K in Jan of 2020.
@@sellyourhousesandiego do you think that sustainable or even logical for that much of an increase in 4yrs ?
@@drewrowe Since interest rates have started to rise the frenzy of the market has slowed down a bit, but we just had a colleague sell a starter home in Carlsbad (original price $1.15M, sold $1.25M) with 12 offers. But sustainable - I don't believe we can see another 50% rise in the avg. sales price of homes here in San Diego over the next 4 year, but who knows. As of recently though the main thing driving prices up is lack of homes for sale. Until we see a significant change in that, prices will likely continue to rise at a faster clip than usual.
Who tf would buy in California?
All else aside - it is beautiful!
I am getting my RE license. I’d like to know about the 92120 area of Del Cerro /San Carlos. Nice video, like your presentation. I’m just amazed at the generally low inventory even a tiny bump in available homes is notable. Thanks.
Got it! We'll try to get an 92120 update in the mix for a future vid. Good luck with the exam!
So, you’re NOT moving? Is that the change? A little unclear how you phrased it at the end.
Not moving in 2024. Sorry for the confusion. Was trying to convey that I was planning on moving in 2034 (i.e. I Would Buy and Sell in 2024) but our situation has changed, uncorrelated to market conditions. Thanks for watching and the feedback!
Watched the entire vid, re-watched because I thought I missed it, but nope.. did not hear your thoughts/recommendations on whether it's a good time to buy or sell in SD.. lol
My original plan was to buy and sell in 2024, but we have had to reassess due to our financial situation changing, not necessarily what will be happening in the real estate market in 2024.
13 minutes of video and you talked all around it, but never answered the question “ Would I buy or sell a house right now in San Diego ?”…….
Exactly. A lot of blather and no content.
Simple answer...yes. My original plan was to sell our current home at the beginning of 2024 and purchase another home towards the end of 2024. But our plans have changed. Not due to market conditions or anything happening in the real estate space, but our situation has changed.
Thinking of making the move in 2024?
Nice video 💪 I’m in San Diego and am doing podcasts with people in the biz. Lmk if you would be down to collab!
Thank you! Definitely interested. Can you shoot me an email - [email protected]
They are trying to prop up real estate values so they can get more tax revenue
If certain cities do adopt it it'll definitely generate some more revenue. Questions is - will home owners sell their ADU's?
@@sellyourhousesandiego if they sell them they will have to pay Capital gains
will the person who buys the ADU own the land or just the ADU
The way I understand it is that it'll be like a condo setup. When you purchase a condo you own the unit itself and what is known as “interest” that you share with all the other owners in the “common areas” of the condominium. More details to follow...
The way you get more affordable housing is by building lots of homes.
That would be ideal. Unfortunately a lot of San Diego is built out and/or cities are too restrictive on new builds.
What neighborhood do you want us to breakdown next?
It’s already mid 8s for folks w a 760 credit score….
Yeah and if the 10 year keeps rising we could see higher for longer 😦
in the 92130 there is a glut of rental properties on the market. Never seen this many homes for rent . What does this fortel ? Plenty of price reductions too ! Is something brewing ?
Last year when rates hit 7% the market froze and prices dropped a bit. This year now at 8% the market has definitely slowed (which will likely continue for the next few months) but prices are fairly stable right now. For the rest of 2023 we'll see less homes sold, but prices are still sitcky. I think we'll have a better picture come the new year.
Good video guys
Thanks! Appreciate it 😉
So sellers are finally getting a reality check and buyers are still getting screwed….over paying, dealing with multiple offers , and waving contingencies. Smh fuck this market I just renewed my lease in clairemont . Hopefully it will be better for buyers next year.
Yeah, it's been tough for buyers for the past few years. Just not a ton of homes for sale (supply) and lots of people who want to buy (demand). Maybe we'll get back to a more normalized market next year for ya. Only time will tell! Thanks for watchin'
I feel like at this point, when I am forced to increase home size, I should just rent out my condo and rent a larger home. Way cheaper to rent most nice area homes right now.
I think a lot of people are in your same boat. It'll come down to 1. Do you want to be a landlord 2. Can you do something better with your equity if you sold your home.
@sellyourhousesandiego yes, that is the hard decision. Because in theory I could put that equity in another long term investment. And have better access to those assets. But I lose leverage(good and bad). Also I see home ownership as one of the few hedges against inflation we have. If rents go to the moon. I can always reclaim my condo. Definitely risky and more work to be a landlord. But if I did become one, I think I would do better with a property I know very well like this one. Risk depends on how toxic california laws get.
This could be OBE if the asset bubble pops and prices fall 30-50% or more
Is there a limit on the number of SB-10 conversions in an area? If not, the overloading on utilities and street space could be severe. If there is, there will be a rush to cash in lottery ticket and get out. Houses will be valued based on their develipment value which is likely far above current market prices. Any forecasts?
Not sure if there is a number limit but there is an area limit (transit rich and urban infill). So far the city has moved forward with the San Diego Housing Plan but without SB-10 as part of it (for now...)
only thing for 850 are condos,townhomes. Then there is the minimum 400 bucks a month association fee that goes with that -.
There are a few places where you can still get detached for $850K but it is getting a bit tougher for sure.
More Info - www.1166festivalrd.com/
if San Diego did this, it would be like Houston, affordable just by *allowing* more housing.
Not too familiar with Houston. How is it there?
Houston is in a flat plane that can expand in all directions with none being more desirable. This is not about affordable housing in Anza Borrego - everyone wants to be west of the 5. And that is basically, with our open borders, everyone on the planet. Think New Delhi, Sao Paulo., ...
1. This assumes that the demand for "affordable" housing can be satisfied. There is no evidence for that. This will create congestion, stress schools, and overload utilities. 2. Without parking - since they will use public transportation - car ownership must be ILLEGAL. 3 Roseville in Point Loma has already been destroyed by high density conversion and those buildings HAVE PARKING! 4 SFR will be priced based on their redevelopment value making home ownership even MORE EXPENSIVE. 5 The whole plan is insane. Living in San Diego is a reward for above average productivity and thrift. It is not an entitlement.
Thanks for the insight!
How is $850 a starter home?
Kinda crazy
HOUSING ACTION PLAN 3.0 Get rid of current Democrats holding office. San Diego can only reset and start over until these Democrats are out.
Be sure to watch to see what other areas made the list!
Nimbyism all up and down the left coast.
Afforable housing at 900K is just nonsense. Median income in San Diego does not work at that price point. Housing can no longer be view as a commodity if we actually want people the achieve the American dream.
"No longer viewed as a commodity". What does this mean? If the market does not determine the price then ....who.....oh Government. No thank you. Government can reduce the risk by reforming our dysfunctional legal system which is only effective as a means of extortion. Developers need a big $$$ to deal with our lega and regulatoryl risks.
What are your thoughts???
What are you all seeing out there?
When the time comes feel free to reach out! 🏖 The Beach Life Group 📲 Call/Text Direct at 760-274-8760 📧 Email: [email protected] 💻 www.northcountyca.com/
When the time comes feel free to reach out! 🏖 The Beach Life Group 📲 Call/Text Direct at 760-274-8760 📧 Email: [email protected] 💻 www.northcountyca.com/
When the time comes feel free to reach out! 🏖 The Beach Life Group 📲 Call/Text Direct at 760-274-8760 📧 Email: [email protected] 💻 www.northcountyca.com/
Its a very similar market in LA right now. great video
Thanks!
The question should be - will it ever be summer in San Diego?
Haha, still waiting! I did see the sun pop out for a minute or two over the weekend.
Oh WHY WOULD ANYONE IN THEIR RIGHT MIND WANT TO LIVE ANYWHERE NEAR SAN DIEGO. ?? YUK HOMELESS ALL OVER THE PLACE CRIME OUT OF CONTROL ...AND STORE LEAVING ? ANYONE GOING THERE WILL BE VERY SORRY !
When the time comes feel free to reach out! 🏖 The Beach Life Group 📲 Call/Text Direct at 760-274-8760 📧 Email: [email protected] 💻 www.northcountyca.com/
Mortgage rates are going up due to risk. When banks loan a mortgage they want someone to take that loan off their books asap. Feds quit doing that regional banks stopped only people doing this so far this year a little have been retail investors so the banks are seeing that risk and pushing the rates up. Yellen is begging Blackrock AKA the shadow banks, to start buying MBS , but they will only do it for a profit so really no help.
Thaks for the insight!
When the time comes feel free to reach out! 🏖 The Beach Life Group 📲 Call/Text Direct at 760-274-8760 📧 Email: [email protected] 💻 www.northcountyca.com/