All but 4 of the US Cities listed are in Florida. Manhattan/NYC, Phoenix, Honolulu & Las Vegas made the cut. Florida real estate rivals Las Vegas for foreclosures, which from an investment point of view makes those hardest hit to have the highest ROI. Where are the buyers coming from? The majority influx is from the Far East, Russia and China. The international buyers have CASH and lots of it. Whether one mega mansion or an entire track of homes, the bet is on the US to repair its markets and economy. Unlike stock, real estate you can really enjoy while you own it. So why buy 100 small homes, when you could have one huge one?
10 Hot Spots for Global Homebuyers Report.
San Diego Sunset
Open House @ 7628 Top O’ The Morning Way in the Crosby Estates of Rancho Santa Fe, Sunday 1-4p
The owners have moved into their new home and are ready to sell this one! Can you say, MOTIVATED?!?
Single level, Hampel built home w/ theater. Fabulous layout. This home has all the bells and whistles, built in 2007, the top of the line finishes will impress. With 2 bedroom suites off the master bedroom and one grand guest suite on the opposite side of the home. 4 Bedrooms, 4.5 Baths, plus wood paneled study/office and state of the art home theater. Lovely private rear yard has a generous covered loggia as well as full outdoor kitchen and Grill.
The beautiful furnishings are also negotiable with the home purchase!
Come on by! If this isn’t the house for you, we have others!
2012 is showing to be the best time to buy real estate in over 10 years.
The numbers are out! The first half of 2012 is over, and the winners are both Buyers and Sellers! Properties are selling faster than in the past 5 years, less time on market is good for Sellers. The median average price is down, and starting to come up in certain zip codes, which indicates the bottoming out of the market. With interest rates at historic lows, the recent 6 week plunge in rates increased buyer demand to the point the market has flipped. The market is in shift once again, buyers are finding more competition from other buyers and seeing bidding wars. WHAT?!? Bidding wars, yes! Multiple offers on a well-priced property have become common. What can you do to separate from the pack? To make your offer stand out from the others? Work with a Realtor who is an experienced negotiator and is willing to be creative with your deal. At www.DreamHomesMatchmaker.com we put together a package for the listing agent to present to the seller demonstrating your proposal to purchase their property. Whether a short sale, bank owned property, or a traditional sale, the seller does not know the buyer. Do they? Of course the seller does not need to know the buyer, however, in chosing from multiple offers, what will make yours stand out? Are you looking to land in your new home in the near future? Call me you’ll be glad you did!
A Santaluz Posada on the golf course recently sold for $1,495,000, a new low comp for the Santaluz production homes built on custom sized lots. Short sales continue to affect values in Santaluz and San Diego. We can expect at least 3 more years of short sales to sort through. As a seller, you are saving yourself foreclosure and reduce the credit implications from 7 years down to 2. For buyers, the patience can pay off to wait out a short sale. Though what you save on the sales price, may need to be reinvested into the property to repair landscaping and other deferred maintenance.
4 car garage
1 acre lot
On golf course
8084 Caminito Santaluz Sur
The Posadas, are located on homesites all through Santaluz, with most of the places that includes glorious views and exceeding dimensions. Provide a spacious and rambling ranch life-style, with no sacrificing grace and elegance.
A 5,000 square feet, these uncompromisingly spacious house feature an abundance of high-class facilities.
Over 2 acre lot
Santaluz homes for sale are in a gated community with five star amenities set in the gorgeous hillsides of the San Dieguito River valley. The custom golf course was designed by Rees Jones, but that is just the beginning of all the activities available in Santaluz.
It is north of San Diego and just minutes away from the Pacific Ocean, Rancho Santa Fe and Fairbanks Ranch. La Jolla and Del Mar are a 15 minute drive away, downtown San Diego is a 20 minute drive. It is near two international airports, Sea World, Legoland, and the San Diego Zoo.