San Diego home prices in June rose 19% from a year ago.

 Home price gains in San Diego outpace U.S.

San Diego home prices in June rose 19% from a year ago.

The pace of U.S. home-price increases began to slow by mid-year but not in San Diego County, where values took their largest annual jump in more than eight years, the S&P/Case-Shiller Home Price Index showed on Tuesday.

San Diego home prices in June rose 19 percent from a year ago, which marks its largest year-over-year hike since March 2005. The latest data also shows San Diego is outpacing national home-price growth, which was 12 percent when tallying all 20 areas in the index.

This is often the storyline for supply-constrained counties like San Diego: A limited amount of land means a limited number of homes can be built, which tends to drive up prices, said Michael Lea, a real estate professor at San Diego State University.

“We have more land constraints than most other cities,” Lea added. Similar areas include Los Angeles and San Francisco.

All 20 major metros in the Case-Shiller report showed price gains in June’s report, but fewer cities saw faster growth this month than last month. In this report, six fit that bill. In the previous report, it was 10. Also, more than half of the areas in the index showed weaker month-to-month gains.

For more information on this article from Lily Leung at the Union Tribune:

http://www.utsandiego.com/news/2013/aug/27/san-diego-home-prices-real-estate-values-gains/

California, Coldwell Banker, Economic Real Estate News, San Diego, San Diego Real Estate, Shannon Biszantz

 10 Reasons for Selling Your Home During The Holidays.

Selling your home during the Holidays can be an advantage!

Selling during the holidays can often be easier.

1. People looking are generally more serious buyers.

2. Serious buyers have fewer houses to choose from, the seller has less competition to sell.

3. Houses are especially appealing with holiday decor.

4. After holidays the supply of listings increases substantially which lowers the demand for your home.

5. Buyers tend to be emotionally motivated at year-end.

6. Buyers have more time to look with less constrained work schedule than non-seasonal time.

7. Many people will purchase by year-end for tax-purposes.

8. You can still be on the market, but have the option to restrict showings to 6-7 days during the holidays.

9. Sell now, and specify a delayed closing or extended occupancy until early next year.

10. Be selling now, you have an opportunity to buy during the spring, when many houses are on the market.

Happy House Hunting or Selling!

Shannon Biszantz

The Biszantz Connection

619-417-4655

California, Coldwell Banker, Economic Real Estate News, In My Opinion Only, International Real Estate News, Shannon Biszantz

Golf Course Frontage In Whispering Palms On The Market For $1,549,000.

Avenida Feliz in Rancho Santa Fe Has a New Listing in Whispering Palms.

Whispering Palms Home With Golf Course Frontage For Sale for $1,549,000.

There is a new single story home that just went on the golf course at Morgan Run in Whispering Palms. It is at the corner of Via De Las Palmas and Avenida Feliz. The owners did a very nice job remodeling it a few years back. The ideal location, facing south, one story, three bedrooms and three baths with 1,790 square feet of living space makes this a perfect fit for some families.

Whispering Palms is in the San Dieguito School Distric. With the new School re-districting, Whispering Palms children can go now to Solana Santa Fe which is a well renouned school with small class room sizes.

From this home on Avenida Feliz, you can walk to the Country Club, Dine, Enjoy the world class spa, excercise, swim in their new pool and really enjoy the country club lifestyle!

For a private showing, feel free to call me, Shannon Biszantz at The Biszantz Connection at 619-417-4655 for a showing!

California, Coldwell Banker, Rancho Santa Fe, Shannon Biszantz, Whispering Palms Neighborhood

Home prices Rose At their Slowest Pace Since February Of Last Year

Home Prices Continued to  Slow in May of 2014.

ome Prices Slow Down Since Last February According to Case Schiller

Home Price Indices for May 2014, the Composite Indices increased at a slower pace according to the latest S&P/Case-Shiller . The 10-City Composite gained 9.4% year-over-year and the 20-City 9.3%, down significantly from the +10.9% and +10.8% returns reported last month. All cities with the exception of Charlotte and Tampa saw their annual rates decelerate.

In the month of May, the 10- and 20-City Composites posted gains of 1.1%. For the second consecutive month, all twenty cities posted increases. Charlotte posted its highest monthly increase of 1.4% in over a year. Tampa gained 1.8%, followed by San Francisco at +1.6% and Chicago at +1.5%. Phoenix and San Diego were the only cities to gain less than one percent with increases of 0.4% and 0.5%, respectively.

The chart above depicts the 10-City Composite and the 20-City Composite Home Price Indices. In May 2014, the 10-City and 20-City Composites posted year-over-year increases of 9.4% and 9.3%, respectively.

“Home prices rose at their slowest pace since February of last year,” says David M. Blitzer, Chairman of the Index Committee at S&P Dow Jones Indices. “The 10- and 20-City Composites posted just over 9%, well below expectations. Month-to-month, all cities are posting gains before seasonal adjustment; after seasonal adjustment 14 of 20 were lower.

“Year-over-year, nine cities – Las Vegas (16.9%), San Francisco (15.4%), Miami (13.2%), San Diego (12.4%), Los Angeles (12.3%), Detroit (11.9%), Atlanta (11.2%), Tampa (10.2%) and Portland (10.0%) – posted double-digit increases in May 2014. The Sun Belt continues to lead with seven of the top eight performing cities. Eighteen of 20 cities had lower year-over-year numbers than last month; San Francisco and San Diego saw their year-over-year figures decelerate by about three percentage points.

“Housing has been turning in mixed economic numbers in the last few months. Prices and sales of existing homes have shown improvement while construction and sales of new homes continue to lag. At the same time, the broader economy and especially employment are showing larger improvements and substantial gains.” – See more at: http://www.worldpropertychannel.com

Coldwell Banker, Domestic Real Estate Economic News, Economic Real Estate News, Home Price Indices, Shannon Biszantz

Come on in, I want to show you this fabulous new listing on the Golf Course.

Biszantz Connection just listed a SINGLE STORY on the golf course at Whispering Palms with 3 bedroom.

Whispering Palms has only a few single story townhomes on the golf course and this one is the best!

Located at 231 Via Osuna, or known by golfers as the last home on 9 North at Morgan Run Country Club is known as one of the gems that just never came on the market until now.

Rarely does such a beautifully maintained END UNIT with 3 bedrooms, 2 baths, single story with fairway views forever come on the market??? Well this one I have personally golfed by for years wondering if it would ever come on the market and if it did, I would buy it in a heart beat! As it turns, my life has turned and my house on the “other side ” of the golf course has the space and size we need for my new family.

Air conditioning, huge front and back  patio, high ceilings and privacy all make this one special property.

231 Via Osuna is a single story, 3 bedroom home that you do not want to miss out on. It is an end unit with only one shared wall and a huge side yard.

One of the nicest features of this unit is that you can watch golfers drive their balls from the tee box, then

they golf buy you and end up right in front of your place making their  puts. Few balls ever make this location and it is considered party central!

Here are some more photos for you to look at; call me if you would like a private showing:

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