Monthly Archives: July 2013

The media has made no secret of the fact that the San Diego real estate market is heating up and foreclosure rates are dropping quickly. However, there are still quite a number of these distressed properties in San Diego County. In addition, short sales are readily available to those who know where to look. Remember that while we are enjoying one of the healthiest and fastest improving housing markets in the country, homes here are frequently selling for 30% less than their previous high. They will get back up there soon and go even higher, but there are incredible deals to be found if you know where to look and move quickly.

For brand new real estate agents, who should probably begin interviewing before they even get their license, the options seem vast. However, the single most important guiding factor ought to be training and help. Those that have already completed real estate licensing courses, and even state exams, know that they really haven’t been prepared adequately to go out into the field. So look for a firm that has a great training program and a broker that is really dedicated to helping you win. Often times, this is found at the biggest international franchises like Coldwell Banker and Century 21.

There is no question that we are now definitely seeing a much better time for Southern California homeowners to sell, but who will make the best ally and representative to help you? Will you benefit from the best real estate agents or Realtors? There are many San Diego Realtors to choose from and they certainly aren’t created equal. It can be hard to tell the difference between real estate companies today. While price and commission rates may be a factor, the real difference comes down to the individual real estate agent you employ.

With the housing market heating up in many parts of the U.S., many homeowners are growing increasingly confident. Some homes are selling faster and for more money, leading many to believe that they can do it themselves without assistance. However there are reasons that many choose not to risk it. Having the best real estate agent can make a world of difference when selling a property.

With hundreds of new San Diego real estate agents rushing into the market, it can certainly be difficult for local homeowners to choose who should represent them. With that being said, if you are going to hire them, why not hire the best San Diego real estate agents to assist you in your journey. As with any professional service provider, there can be a big difference in the quality and value of service received. So how can you make sure you are the recipient of great service? After all, your business may depend on them. Start by recognizing the difference between San Diego Realtors and other real estate agents. Not all agents are necessarily Realtors. Realtors are held to a higher standard and code of ethics.

Some real estate investors are reporting that they can’t find Section 8 renters fast enough, especially good ones. So where are they and what are the most cost effective real estate marketing methods for attracting them? Section 8 renters can be incredibly profitable for some real estate investors. Those taking advantage of today’s market by expanding their portfolios with buy and hold properties could certainly use a steady flow of interested renters to minimize vacancies and maximize yields. The good news is that reaching and pulling in significant numbers of Section 8 renters doesn’t have to be that hard or expensive.

Investors are constantly looking for new strategies that allow them to find viable inventory in tough markets. San Diego, in particular, provides investors with plenty of challenges. However, house flipping tips for San Diego markets are readily available. You just need to know where to look. Those that have been in the game for just a few months may believe that they have heard of all the house flipping tips they need. There is a substantially large, virtually untapped, market of highly motivated and flexible property owners in San Diego County that can make excellent prospects for those looking for deals. While this may certainly be amongst the most unconventional house flipping tips for San Diego, it is worth looking into.

How can real estate agents, brokers and investors tap into rapid growth to propel their businesses and return on investment (ROI)? Growth hacking, for those who are not familiar with the concept, is all about getting bigger over a shorter period of time. Done correctly, growth hacking requires less effort and offers maximum ROIs. It’s a lot like guerrilla marketing. However, it is more technical, strategic and offers more leverage than sweat equity.

Lending trends and plans to make far more loans are already being seen on the ground level in San Diego. One California trust, specializing in jumbo mortgage loans, forecasts their lending volume to soar from $2.5 billion last year to $8 billion this year. Another San Diego mortgage banker, from Guild Mortgage, told UT San Diego that they expect to do a record $7 billion in loans in 2013. This coming after already seeing their portfolio rise 5 times to $10 billion in the last 5 years.

According to a recent report by the local paper, foreclosures in San Diego are down to a seven year low, while local home prices have risen 15%. At the same time more home buyers of all types are out in force and highly motivated to bid and score a property in the face of rising interest rates. So how and where can real estate investors find foreclosures for acquiring rentals and flipping houses in San Diego today? Perhaps the first question real estate investors should be asking is how can you get better deals on properties that are on the market. Just because some asking prices are sky high, you can still offer less, move faster, find ways to pay cash, and position yourself as the better buyer.