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Encinitas, CA Real Estate News

By Regina P. Brown, M.B.A., Broker, Instructor
(MBA Broker Consultants)
Short Sales News Alert Santa Clara County sees rise in short salesSan Jose Mercury NewsBy Sue McAllister RaeAnn Houde, photographed in the kitchen of her San Jose home, 4/14/10, tried to sell her home in a "short sale," -- for less than she ...See all stories on this topic Short sale, litigation added snagsSan Francisco ChronicleUnfortunately, it was a short sale, so this deal wasn't just between the buyer and seller. The bank had to sign off on the "short" payoff of what it was ...See all stories on this topic Banks Taking Too Long to Approve Distressed Home Sales, Brokers SayABC NewsBy selling the house in a short sale, Debbie, who asked that her last name not be used, and the bank will avoid the losses and complications of foreclosure. ...See all stories on this topic Underwater Mort...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
  As a buyer or seller in the Encinitas real estate market, it is important to have information about the market conditions in order to make a more informed decision about what to do with regard to buying or selling your Encinitas home.  Here is a summary of the Encinitas real estate market for April 2010 based on statistics from the MLS (private sales are not included nor are manufactured and mobile homes). These data are deemed reliable but are not guaranteed due to how data may be entered into the MLS system.  READ MORE: Encinitas - An Eclectic Seaside Community    In April 2010, 46 homes sold in Encinitas, up 12% over last month. Here's the breakdown of overall activity.    TOTAL HOMES Detached Attached Number 46 (up 12%) 32 (up 19%) 14 (no change) Days on Market 49 51 45 Average Sa...
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By Melissa Zavala, Broker, Escondido Real Estate, San Diego County
(Broadpoint Properties)
A mixed-use property that has been taking shape over the last year or so in downtown Encinitas is going to be finished this summer. It is just a hop, skip, and a jump from Swami's Beach.   The $40 million dollar project, Pacific Station, will include a Whole Foods Market, 47 two-story townhouses, 40,000 square feet of retail space, 9000 square feet of office space-all built over two floors of underground parking.   John DeWald of Cardiff-based John DeWald & Associates is a development partner of this $40 million dollar project. Opponents of the project may complain of the increased traffic and the change in environmental flavor on South Coast Highway that may come with this new development. However, other local residents are thrilled to finally have a grocery store in this part of Encin...
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By Melissa Zavala, Broker, Escondido Real Estate, San Diego County
(Broadpoint Properties)
My husband has ordered his iPad. He is crazy to get this thing in the mail. It should be here any day now, and it is all that he talks about. I, on the other hand, am not particularly interested. I do not think that they iPad will integrate well into my personal real estate-related routine. Several of the real estate applications that we use everyday (the MLS, the ZIPforms, etc) do not function well on a Mac, so how are they going to work on an iPad? I may be wrong though. I was wrong before. I had a Smartphone, when he got his iPhone. I said that I wasn't interested in the iPhone because it probably wouldn't work well with Outlook-which is where I store the bulk of my information. Boy was I wrong. When I got the iPhone a year ago, boy did I eat my words. Will I eat my words with the iP...
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By Melissa Zavala, Broker, Escondido Real Estate, San Diego County
(Broadpoint Properties)
A friend of mine from college who lives in Northern California found me on facebook after we had lost touch for quite some time. And, guess what? He wants to buy a small place in Encinitas because he comes down here for business once a month! Here's to being on facebook! It really does create success in social networking. But I am not writing about facebook. I am writing about home buying in Encinitas. My friend said that he wanted a condo with "a view". "What kind of view?" I responded. "An ocean view? A golf course view? A view of your neighbor's backyard?" You see all of these are possible views in Encinitas. Being in North San Diego County, many of our properties have wonderful ocean views. However, some of those ocean view properties can be pretty pricey. We began to discuss his op...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
The Leucadia 101 Streetscape is ChangingIt's true...literally. The Leucadia 101 streetscape, as they call it, IS changing.So what DOES this mean? Leucadia is a funky, eclectic beach town (the northern-most community in Encinitas, just south of Carlsbad) with a strong surfing history and feel.Terrific beaches, a lack of glitzy retailers and boutiques, and an amazing array of housing from apartments to trailer parks to multimillion dollar beachfront homes combine to create an environment reminiscent of years ago but tiptoeing into the future. Folks like it that way.Indeed, bumper stickers that shout "Keep Leucadia Funky" are commonplace. READ MORE: Leucadia - Surfers' Beach Community Leucadia is also home to some of my favorite haunts - Le Papagayo for terrific food and music, and the Bui...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
Jamroc 101 Caribbean Grill Offers Terrific Jamaican Cuisine in the Encinitas Restaurant Community   Looking for something different in the Encinitas restaurants? Jamroc 101 Caribbean Grill offers terrific Jamaican cuisine in Encinitas around the corner from Moonlight Beach.  I drive by Jamroc frequently. I hear great things about it all the time. But for one reason or another I never dined there...until last night.  It was a real treat. And I wish I had done myself a favor of visiting before this.  The minute you walk in the door you KNOW this is a Jamaican eatery - the smells, the menu, the décor, the casual-come-as-you-are-and-hang-out kind of place at the beach on the Coast Road just a few blocks from the beach. Palm trees outside and reggae music in the background add to the island ...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
Encinitas Street Fair is Here Again on April 24 and 25, 2010   It's hard to be believe that it's time again for the famous Encinitas Street Fair, being held this coming weekend in downtown Encinitas. This popular outdoor fair, the 27th annual, is sponsored by the Downtown Encinitas MainStreet Association (DEMA).  Read about last year's Encinitas Street Fair  100,000 folks are anticipated to stop by this year's Encinitas Street Fair to look, shop and dine, with over 450 vendors (I've been...it's a winner), lots of music (2 of my fave groups - Luna Llena [Cuban Salsa]), and Allison Adams Tucker [jazz] will be there), and the classic beer garden along historic Route 101 between D and J Streets.   Here's the entertainment schedule.    Retailers along the Coast Road will be participating as ...
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By James Baxter Encinitas Realtor
(Realty Place)
APRIL 24th AND 25th 2010, from 9am to 5pm on Highway 101 between D and J Streets in Downtown Encinitas featuring 450 arts and craft vendors, four live stages, rides for children and a beer garden. Over 100,000 shoppers are expected to visit, shop and dine at the two day Encinitas Street Fair. The 27th Annual Encinitas Street Fair is a great opportunity to visit Encinitas and discover a National award winning, traditional So-Cal beach town, on historic Coast Hwy 101. A few tips on transit and parking: Saturday only: The very best way to get to the Encinitas Street Fair is to take the NCTD Coaster. Avoid parking problems altogether and the Coaster station at D Street and Vulcan, is just steps away from the Encinitas Street Fair. For Coaster schedule go here: http://www.gonctd.com/coaster_...
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By Debbie Rumsey, Realtor, Green, SFR
(HomeSmart Realty West, Carlsbad, CA)
SINGLE FAMILY HOMES The median list price in ENCINITAS,CA this week is $1,150,000. The 213 properties have been on the market for an average of 173 days. Demand measured by the Market Action Index is increasing and dayson-market is trending downward. Even as more properties come available, these are positive trends for the market. CONDOS The median list price in ENCINITAS, CA 92024 this week is $467,450. 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. Condo sales have been exceeding new inventory for several weeks. However because of excess inventory, prices have not yet stopped falling. Should the sales trend continue, expect prices to level off soon and potentially to resume their clim...
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By Regina P. Brown, M.B.A., Broker, Instructor
(MBA Broker Consultants)
The rain subsided, the sun is shining, the flowers are blooming... Spring is here!  And time to think about that annual "Spring Cleaning"... From Accountable Solutions newsletter: Spring is a great time to clean out that growing mountain of tax and financial papers that clutters your home and office. Here's what you need to keep and what you can throw out without fearing the wrath of the IRS. Let's start with your "safety zone", the IRS statute of limitations. This limits the number of years during which the IRS can audit your tax returns. Once that period has expired, the IRS is legally prohibited from even asking you questions about those returns. The concept behind it is that after a period of years, records are lost or misplaced and memory isn't as accurate as we would hope. There's...
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By Melissa Zavala, Broker, Escondido Real Estate, San Diego County
(Broadpoint Properties)
I'm a resident of Encinitas, a beach town about 20 miles north of San Diego. I've lived on the East Coast, and I have lived in the Los Angeles area, but Encinitas has grown on me and it's where I hang my hat. To me, Encinitas is a nice mix of city and country. We are close enough to all of the things that we need, but we do not have the vast numbers in our population the way Manhattan, Boston, and Chicago do. What's great about Southern California right now are all of the blooming flowers. While the cherry blossoms are out in full force in Washington, DC and the crocuses are out in New England, our roses are blooming-and don't they look great? When searching for a home in Encinitas, Escondido, San Marcos, Carlsbad and Vista, home buyers will see great gardens and spectacular flowers. He...
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By Brian Skaar, Purchase Loan Specialist - VA, FHA, Conventional
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Encinitas VA Loans and FHA Home Mortgage Loans - VanDyk Mortgage - VA Lender & FHA Lender.VanDyk Mortgage is your source for VA Loans and FHA Loans in Encinitas.  We have been making FHA, VA, Conforming, and Jumbo loans since 1987. VanDyk Mortgage is a Direct Lender.  We offer many loan programs for Encinitas Homebuyers and Encinitas Homeowners to Purchase and refinance homes in Encinitas. FHA & FHA Jumbo (aka High Balance) VA & VA Jumbo (aka High Balance) Conforming & Conforming Jumbo (aka High Balance or Super Conforming) Jumbo Loans to $3m Encinitas FHA Loans are available up to $697,500 with just 3.5% down payment. The FHA 2011 Loan Limit for Encinitas is $697,500. Encinitas FHA Loans that are over $417K up to $697,500 are called FHA Jumbo or FHA High Balance loans. Encinitas VA Loa...
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By Regina P. Brown, M.B.A., Broker, Instructor
(MBA Broker Consultants)
Data just released from the California Association of Realtors:  February 2010 Regional Sales and Price Activity*Regional and Condo Sales Data Not Seasonally Adjusted February-10 Median Price Percent Change in Price from Prior Month   Percent Change in Price from Prior Year    Percent Change in Sales from Prior Month Percent Change in Sales from Prior Year    Feb-10 Jan-10   Feb-09   Jan-10 Feb-09 Statewide                 Calif. (SFR) $279,840 -2.4%   14.1%   -2.2% -11.7% Calif. (condo) $251,990 -1.0%   10.3%   2.3% 22.2%                   C.A.R. Region                                  High Desert $122,580 -1.5%   0.5%   3.9% -23.1% Los Angeles $327,020 -1.6%   6.0%   -5.0% 0.0% Monterey Region $314,100 8.1%   30.3%   -3.6% -17.7% Monterey County $255,000 3.4%   21.4%   -3.8% -23.4% Sa...
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By Melissa Zavala, Broker, Escondido Real Estate, San Diego County
(Broadpoint Properties)
This is a follow up to my blog post on the community of Encinitas Ranch. (By the way, the title is a play on words. The ocean vistas in Encinitas Ranch are amazing!) Encinitas Ranch is an upscale neighborhood composed of approximately 500 homes ranging from 1800 square feet up to nearly 6000 square feet. Some of the homes are situated on large lots up to approximately .5 acre. Homes in Encinitas Ranch (all of whom belong to the same Homeowner's Association-Encinitas Ranch Community Association) were made by various different developers-and all of which were built over an eight year period beginning around 1999. Here's a quick overview of North San Diego County and Encinitas Ranch home sales: There were 3873 (active and contingent) single family homes listed for sale in North San Diego C...
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By Melissa Zavala, Broker, Escondido Real Estate, San Diego County
(Broadpoint Properties)
Encinitas, California has been recognized as the flower capital because it is the largest supplier of poinsettias to the resent of the world. Perhaps, Encinitas, California should also be called the skateboard capital of the world because it is an extremely large supplier of professional skateboarders as well. Such famous skateboarders as Tony Hawk, Danny Way, Mike McGill, Bucky Lasek, Bob Burnquist and Shaun White all consider Encinitas and more specifically, the Magdalena Ecke YMCA Skatepark as their home. The Ecke YMCA Skatepark boasts a street course with multiple ledges, rails, boxes, and mini ramps, and four stairs designed for both beginner and expert street skaters. If you want to see Shaun White or Tony Hawk, you will have to head over to the vert ramp-the 120' vert used at the...
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By Melissa Zavala, Broker, Escondido Real Estate, San Diego County
(Broadpoint Properties)
The city of Encinitas (population approximately 60,000) is flanked by Carlsbad on the north, Cardiff-by-the-Sea on the South, Rancho Santa Fe to the East, and the gorgeous Pacific Ocean to the West. It is comprised of several smaller enclaves, most commonly known by the name of the development itself. Once such area is Encinitas Ranch, famous for its golf course and spectacular ocean views. Encinitas Ranch is also an upscale neighborhood composed of approximately 500 homes ranging from 1800 square feet up to nearly 6000 square feet. Some of the homes are situated on large lots up to approximately .5 acre. Homes in Encinitas Ranch (all of whom belong to the same Homeowner's Association-Encinitas Ranch Community Association) were made by various different developers-and all of which were ...
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By Jeff Dowler, CRS, The Southern California Relocation Dude
(eXp Realty of California, Inc.)
Encinitas Homes are For Sale at Willowcreek in Encinitas California Buyers in the Encinitas real estate market seeking detached homes in a residential area near shopping and amenities will find the Encinitas homes for sale in Willowcreek appealing.    READ MORE: Encinitas - An Eclectic Seaside Town in San Diego's North County Willowcreek is a modestly sized residential community built in the late 1980s, hidden away off Olivenhain Road on the east side of El Camino Real. The location of these Encinitas homes in Willowcreek is ideal for folks who want to live in a smaller subdivision but near shopping, dining and services.  Willowcreek is close to the El Camino Real shopping corridor with just about every service or shop you might need, and less than one mile from the Home Depot (what hom...
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By Nevin Williams, Senior Mortgage Advisor
(Fairway Independent Mortgage Corporation)
Encinitas events, search for a home and loan, or request relocation infomation for Northern San Diego.   Encinitas history and amenities:  Encinitas was incorporated in 1986 and it's single largest industry is growing ornamental flowers, particularly poinsettias.  The beautiful temperate climate is a perfect location for growing flowers. San Elijo Lagoon Ecological Reserve is the largest coastal wetland in San Diego county with over 900 acres of hiking trails in which to view hundreds of plants and birds.  It is open to the public.   Request relocation information or feel free to email us your questions.  We won't share your information nor will we pressure you.  We will just answer your questions. You can contact us when you're ready to.  We have found our success in being helpful rat...
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By Debbie Rumsey, Realtor, Green, SFR
(HomeSmart Realty West, Carlsbad, CA)
  LOOKING FOR EASTER EGG HUNTS IN ENCINITAS?? THE ANNUAL CITY OF ENCINITAS EASTER EGG HUNT TAKES PLACE Saturday, April 3rd, 2010  10:00 AM - 1:00 PM  Ecke Sports Park   728 Saxony Rd. THEY WILL BE HIDING 24,000 EGGS SO THERE IS PLENTY FOR AGES 2 TO 9 TO FIND THE EASTER BUNNY WILL BE THERE FOR PICTURES WITH YOU CHILDREN FOR A FEE, OF COURSE THERE WILL BE BOUNCE HOUSES, FACE PAINTING, ENTERTAINMENT AND MORE!! COME TO THIS FREE EVENT AND ENJOY ARE BEAUTIFUL ENCINITAS WEATHER!
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