RSF Open House Today 12-3pm

Kayla and I will be at 7060 Via Del Charro today 12-3pm!

An authentic California Ranch on 2.79 acres in horse country! Park-like estate with a stunning single-level main house that was redesigned and extensively upgraded in 2009 – it’s like a new house! The wide-open floor plan features wood-beam ceilings, wide-plank real hardwood floors, and several sets of french doors! Pool/spa, 3-car garage, TWO detached guest houses (perfect for multi-gen), tennis court, RSF schools, & no HOA!  The master suite was highly upgraded in 2016 with new steam shower, jacuzzi tub, and walk-in closet! On sewer too! Plenty of room for horse facilities with trails nearby. $2,750,000

https://www.zillow.com/homedetails/7060-Via-Del-Charro-Rancho-Santa-Fe-CA-92067/16730852_zpid/

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Inventory Not So Tight

Here’s another way to demonstrate the ‘tight inventory’.

In our MLS, all new listings throughout the county are sequentially assigned a listing number.  Yesterday, I inputted a listing that got #170017800.  The first two numbers are the year of the input.

In previous years, on what date did listing #0017800 get inputted?

120017800 – April 4, 2012

130017800 – April 8, 2013

140017800 – April 4, 2014

150017800 – April 1, 2015

160017800 – April 4, 2016

170017800 – April 10, 2017

The inventory flow has been remarkably consistent – lately we’ve had 17,800 properties get listed in the first 91 to 100 days of the year.  They may not be where you want them, or at the price you prefer, but there has been a steady flow to consider!

If you are thinking of buying on the higher end and willing to consider other areas, there are plenty for sale.  In fact, there are over 17,000 homes for sale in California listed over $1,000,000 – including one in Bakersfield!

Speaking of my listing #170017800, I’ll be there today 1-4pm!

https://www.zillow.com/homedetails/7060-Via-Del-Charro-Rancho-Santa-Fe-CA-92067/16730852_zpid/

RSF Tennis Estate

A pure California Ranch on 2.79 acres!

Park-like estate with a stunning 5br + den, 4.5-bath single-level main house that was redesigned and extensively upgraded in 2009. The large but intimate great room has soaring wood-beam ceilings, wide-plank hardwood floors, and french doors that open wide to let the sunshine in! Pool/spa, 3-car garage, detached 2br guest house, lighted tennis court, detached office, RSF schools, no HOA, and the master suite was highly upgraded in 2016! The floor plan is perfect for multi-gen families, with a 2-bedroom wing on one-side with the master suite + 2 bedrooms on the other side! Plenty of room to spread out and enjoy the Ranch – horses OK too! $2,950,000

Call or text Jim Klinge, broker 858-997-3801

Zillow 2017 Forecasts

2017-la-jolla

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It’s that time of the year – the 2017 forecasts are starting to roll out!

Zillow has been conservative about our local markets.  For the most part, the actual appreciation of the Zillow Home Value Index has been higher than their forecasts over the last two years.

Their local forecasts for 2017 are all lower than their 2016 guesses, and what they are predicting could also be described as ‘Flatsville’.  If their local forecasts of +0.9% to +2.2% come true, it would mean that several sellers would end up selling for less than they could have gotten in 2016.

Are we ready for that yet?

Local ZHVI-Appreciation Forecasts

Town
2015 Forecast/Actual
2016 Forecast/Actual
2017 Forecast
Carlsbad
+2.7%/+4.8%
+1.9%/+3.8%
+1.3%
Carmel Valley
+0.3%/+5.4%
+1.4%/+1.9%
+0.9%
Del Mar
+5.5%/+1.1%
+1.4%/+2.6%
+1.1%
Encinitas
+0.6%/+8.3%
+2.4%/+6.3%
+2.2%
La Jolla
+2.7%/+6.6%
+2.3%/+6.1%
+2.1%
RSF
+0.4%/+11.1%
+3.7%/-0.5%
+1.9%
San Diego
+1.7%/+6.4%
+2.1%/+4.0%
+1.7%
Solana Beach
+2.7%/+6.4%
+2.2%/+2.6%
+1.4%

The Zillow data changes slightly, depending on where you look on their website, and whether you use town names or zip codes. Here is the LINK to find others.

encinitas-2017

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RSF Fiber

ranch

Those who are considering a move to Rancho Santa Fe should read this article – and especially the comments at the bottom:

http://www.rsfpost.com/rsf_association_terminates_fiber_internet_deal

The RSF real estate struggle (232 active listings, 21 sold last month) is compounded by the newer communities surrounding the Ranch that have natural gas and sewer, and where you don’t have to grapple with maintaining 2+ acres.  Additionally, having modern conveniences like grocery stores and internet makes a difference for home buyers!

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