Open House in Bernardo Heights
Come check out my open house this Sunday in Bernardo Heights – Rancho Bernardo. I will be hosting this remodeled townhouse\duplex at 16156 Avenida Venusto 4.
Seller will entertain offers between $645,000 – $689,000. Lovely remodel, new laminate wood flooring, counter tops, carpet.
Plantation Shutters and blinds. Exterior paint, and plantings. Home feel like a single family home, including 2 car attached garage. Full Bath and Bedroom on 1st Floor. Eat in Kitchen plus formal Dining Room.
Covered Patio for all your outdoor entertaining. Washer and Dryer, Award winning Poway School district, walking distance to Bernardo Heights community center. Gated Community convenient to shopping, Freeway and schools.
Adobe Bluffs Elementary School Celebrates Year of the Pig
Mandarin Immersion and Foreign Language School
No one in Poway Unified rings in the Lunar New Year quite like Adobe Bluffs Elementary, home of the District’s first Mandarin Immersion and Foreign Language in Elementary School programs. Dignitaries from across San Diego County attended the celebration, which included dancing, singing, and plays done by students (and staff) all in Chinese.
The school is now has an Immersion Kinder program. If you want to learn more about the program, here’s the video.
If you or someone you know that would like to move to the Adobe Bluffs Elementary area, let me know. I just not a Realtor in the Rancho Penasquitos area, but also I am also a parent of an Adobe Bluffs student. I can give you all the insights of the school, the other schools in the area and the community.
Nancy Bergman \ Windermere Homes and Estates
DRE Lic. #01893550
House About Spreading The Love This Valentine’s Day?
The Spring season is coming up and many people start thinking about “Spring Cleaning”. Also, statistics show that more people are going to start looking buy or sell a home in the spring / summer. So can I ask you a favor? When you bump into these people, would you be willing to call me with their contact information? More people do business with people they know than total strangers. It’s a tough business out there and I realize that you probably already know another agent or two. However, I would love to opportunity if you can just keep me in mind next time you hear of someone looking to buy or sell. I know you might not know anyone right now, but if you keep your mind and heart open to helping me, I would really appreciate it. Beside, referrals are the heart of my business.
Can I count on you to spread the love this Valentine’s Day? Maybe we can do coffee or lunch soon to catch up? If you are looking around, don’t forget to check out my website with all the latest properties – www.sandiegohomesbynancy.com
DRE Lic #01893550
Matthew’s Magic Ball – 2019 Economic and Housing Forecast
I thought this was important enough to repost. This is from Windermere’s Chief Economist – Matthew Garnder.
2019 Economic and Housing Forecast
By Matthew Gardner, Chief Economist, Windermere Real Estate
What a year it has been for both for the U.S. economy and the national housing market. After several years of above-average economic and home price growth, 2018 marked the start of a slowdown in the residential real estate market. As the year comes to a close, it’s time for me to dust off my crystal ball to see what we can expect in 2019.
The U.S. Economy
Despite the turbulence that the ongoing trade wars with China are causing, I still expect the U.S. economy to have one more year of relatively solid growth before we likely enter a recession in 2020. Yes, it’s the dreaded “R” word, but before you panic, there are some things to bear in mind.
Firstly, any cyclical downturn will not be driven by housing. Although it is almost impossible to predict exactly what will be the “straw that breaks the camel’s back”, I believe it will likely be caused by one of the following three things: an ongoing trade war, the Federal Reserve raising interest rates too quickly, or excessive corporate debt levels. That said, we still have another year of solid growth ahead of us, so I think it’s more important to focus on 2019 for now.
The U.S. Housing Market
Existing Home Sales
This paper is being written well before the year-end numbers come out, but I expect 2018 home sales will be about 3.5% lower than the prior year. Sales started to slow last spring as we breached affordability limits and more homes came on the market. In 2019, I anticipate that home sales will rebound modestly and rise by 1.9% to a little over 5.4 million units.
Existing Home Prices
We will likely end 2018 with a median home price of about $260,000 – up 5.4% from 2017. In 2019 I expect prices to continue rising, but at a slower rate as we move toward a more balanced housing market. I’m forecasting the median home price to increase by 4.4% as rising mortgage rates continue to act as a headwind to home price growth.
New Home Sales
In a somewhat similar manner to existing home sales, new home sales started to slow in the spring of 2018, but the overall trend has been positive since 2011. I expect that to continue in 2019 with sales increasing by 6.9% to 695,000 units – the highest level seen since 2007.
That being said, the level of new construction remains well below the long-term average. Builders continue to struggle with land, labor, and material costs, and this is an issue that is not likely to be solved in 2019. Furthermore, these constraints are forcing developers to primarily build higher-priced homes, which does little to meet the substantial demand by first-time buyers.
In last year’s forecast I suggested that 5% interest rates would be a 2019 story, not a 2018 story. This prediction has proven accurate with the average 30-year conforming rates measured at 4.87% in November, and highly unlikely to breach the 5% barrier before the end of the year.
In 2019, I expect interest rates to continue trending higher, but we may see periods of modest contraction or levelling. We will likely end the year with the 30-year fixed rate at around 5.7%, which means that 6% interest rates are more apt to be a 2020 story.
I also believe that non-conforming (or jumbo) rates will remain remarkably competitive. Banks appear to be comfortable with the risk and ultimately, the return, that this product offers, so expect jumbo loan yields to track conforming loans quite closely.
There are still voices out there that seem to suggest the housing market is headed for calamity and that another housing bubble is forming, or in some cases, is already deflating. In all the data that I review, I just don’t see this happening. Credit quality for new mortgage holders remains very high and the median down payment (as a percentage of home price) is at its highest level since 2004.
That is not to say that there aren’t several markets around the country that are overpriced, but just because a market is overvalued, does not mean that a bubble is in place. It simply means that forward price growth in these markets will be lower to allow income levels to rise sufficiently.
Finally, if there is a big story for 2019, I believe it will be the ongoing resurgence of first-time buyers. While these buyers face challenges regarding student debt and the ability to save for a down payment, they are definitely on the comeback and likely to purchase more homes next year than any other buyer demographic.
If you or someone you know is ready to buy a new home in 2019, give me a call or email. I would be happy to show you my superior services and get you into your dream home. Nancy Bergman, Windermere Homes and Estates – Rancho Bernardo, DRE Lic. #01893550
NO PET LEFT BEHIND: EVACUATION PLANS WITH YOUR PETS
Evacuated with your pets…
As the California wildfires rage on, and thousand of people are fleeing some without their pets. It’s heartbreaking to me since my cats are literally apart of our family.
Izzy and Storm are like my children’s kids. They need to know almost every minute where they are. If we had to evacuate, we wouldn’t leave until we had them. Yet, sometimes they are scared just like us.
Therefore, it best to have an evacuation plan with your pets in consideration.
An evacuation plan is a necessity for every home, especially if you live in an area where fires, earthquakes, hurricanes, flooding, and other disasters are a possibility. Many homeowners create evacuation plans for their homes and practice them with their kids, but far fewer have considered one for their pets. Take these steps to add your pets to your evacuation plan.
Assign pet evacuation to an adult. Everyone should know how to act during an evacuation, and that includes assigning one parent or adult to the pets. This allows the other parent and the children to focus on their part of the evacuation plan, so there’s no confusion during a high-stress moment when time is of the essence.
Keep evacuation maps and pet carriers readily accessible. If you need to evacuate, you should know exactly where every important item is. If you pets require carriers, keep them in a place that you can access easily.
Practice your plan. Include your pets in your home evacuation drills. It’ll help you see how they will respond and make changes to your plan if necessary. Getting your dog out of a window may not be as simple as you think!
Be prepared in case you get separated from your pets. No matter how much you drill your evacuation plan, it’s possible that a dog or cat will run off while you’re focusing on keeping your family safe. A microchip or a GPS-compatible tag can help you find your pets once it’s safe to return to the area.
Remember to stay safe during these Santa Ana winds.
If you or know someone who is looking for a change of address before 2019, give me a call or email me 858-617-9449 . Email firstname.lastname@example.org
Nancy Bergman – DRE Lic. #01893550 / Windermere Homes and Estates.
I service all of San Diego County, specializing in the areas around the 15 / 56 corridor including Escondido, Poway, Rancho Bernardo, Rancho Penasquitos, Carmel Valley and Mira Mesa. To search for your next home go to www.sandiegohomesbynancy.com
Helpful Halloween Safety Tips
Enjoy Halloween but Be Save
Have a Safe & Happy Halloween! Halloween is one of my favorite holidays. It is when the neighborhood comes together and families enjoy catching up.
It can also be a bit scary for children. So, here are some safety tips to stay safe on this fun holiday.
1.Tell children who will be in your care to watch out for cars and traffic. Children get so excited with the activity of Halloween that sometimes they forget the basics.
2.Tell children who will be in your care not to eat any candy until they get home and a parent has inspected it. It’s sad that this needs to be said, however safety needs to be at top priority at all times.
3.Tell children who will be in your care to not enter anyone’s house. Once again, safety needs to be a top priority at all times. If there’s a haunted house or a maze of some sort, the Guardian should accompany the child for safety and security purposes.
4. Tell children who will be in your care not to run off where they can’t be seen. Children should always be in plain view of their Guardian and not too far ahead where the Guardian is unable to react to any type of incident.
5. Tell children who will be in your care to always be aware of their surroundings. It’s never too early to teach safety and prevention methods. Halloween is a fun and exciting Holiday, but the message to children should always be safety first!
Once again, have a Safe & Happy Halloween. If you ever need any sort of real estate advice, I am just a phone call away. I am never too busy for referrals especially from family and friends.
Check out this Rancho Penasquitos Home for Sale
What’s Happening in September in San Diego!
There’s a ton of interesting and exciting activities coming to San Diego this September!
Del Mar Racing Season Through Sept. 3 The Del Mar Racetrack is a world-class Thoroughbred racing destination welcoming the industry’s top athletes and California’s most spirited partygoers.
Time/Place: Del Mar Thoroughbred Club: 2260 Jimmy Durante Blvd.
Contact: 858-755-1141 / www.dmtc.comBarona Powwow Aug. 31-Sept. 2
Join the Barona Band of Mission Indians for a weekend of contest dancing, camping, drums and cultural immersion.
Time/Place: Fri 6-11pm, Sat 7 Sun 1-11pm / Barona Sports Park, Lakeside
Contact: 619-443-6612 x120 / www.barona-nsn.govUS Sand Sculpting Challenge and Dimensional Art Expo Aug. 31-Sept. 3
Patrons will see and be able to buy over 1,000 one-of-a-kind works of art and enjoy live entertainment from bands. Picnic on the Bay with food and drink from over a dozen gourmet food trucks and a wine and beer garden.
Time/Place: Broadway Pier and Landing: 1000 North Harbor Drive
Contact: 619-980-6651 / www.ussandsculpting.comJulian Grape Stomp Festa Sept. 1
With ten local wineries offering sips to sample, a wide variety of food and shopping opportunities, great Italian music provided by Roman Holiday, Bocce Ball Court, a little extemporaneous dancing here and there, this will be a party to remember!
Time/Place: 11am-6pm / Menghini Winery
Labor Day Stickball Tournament Sept. 1-3
Big SoCal Euro Sept. 2
Taste of Del Mar Sept. 6
Play on the Bay Sept. 7
Beach Polo Cup Sept. 7-9
Burgers & Beers Sept. 8
KGB Sky Show Sept. 8
Carlsbad Brewfest Sept. 8
San Diego Blues Festival Sept. 8
South Bay Pride Art & Musical Festival Sept. 8
Cardiff Greek Festival Sept. 8-9
Taste of Downtown Sept. 13
Sorrento Valley Beer Festival Sept. 14
America’s Finest BBQ State Championship Sept. 14-15
San Diego Bayfair Sept. 14-16
Santee Bluegrass Festival Sept. 15
Julian Music Festival Sept. 15
Old Town San Diego Fiestas Patrias Sept. 15
Taste of South Park Sept. 15
Oceanside Harbor Days Sept. 15-16
Ironman 70.3 Superfrog Sept. 16
San Diego Quilt Show Sept. 20-22
Semper Tri, Devil Dog Duathlon & 7K Run Sept. 22
Bonitafest Performing Arts Festival Sept. 22
SaltDog Classic Sept. 22
San Diego Festival of Beer Sept. 22
Pacific Islander Festival Sept. 22-23
San Diego Restaurant Week Sept. 23-30
La Mesa Oktoberfest Sept. 28-30
Poway Rodeo Sept. 28-29
Cabrillo Festival Sept. 28-29
MCAS Miramar Air Show Sept. 28-30
El Cajon Oktoberfest Sept. 28-30 & Oct. 5-7
Bayside Brew & Spirits Festival Sept. 29
Adams Avenue Street Fair Sept. 29-30
Encinitas Oktoberfest Sept. 30
Treasure Chest Beer + Food Fest Sept. 30
Nancy Bergman – Realtor
DRE Lic. #01893550
Windermere Homes and Estates
If you or know someone looking to buy, sell or invest in San Diego, give Nancy Bergman a call 858-617-9449 or www.sandiegohomesbynancy.com
Do You Have Home Improvement Envy?
You’re Not Alone Peeking over fence Have you found yourself longingly peering into the yard next door to check out their new water feature only to start drawing up the blueprints for your own a week later?
If you answered yes, turns out you’re just one of the many who experience jealousy—and a little competitive drive—over others’ home improvement projects.
In fact, a recent survey from The Home Depot conducted by Wakefield Research not only revealed what home improvement projects are most popular, but the motivation behind the projects, as well. Here are some of the findings: More than half of respondents feel the urge to improve the appearance of their homes when they see another home improvement project. From a landscape refresh with new perennials or an herb garden, to a patio overhaul with the latest grill and patio set, there’s no inspiration quite like competition.
Millennials are particularly home-conscious and competitive, with 70 percent admitting to feeling this pressure and nearly 50 percent responding to it by completing a home improvement project in response. Parents tend to feel the pull more than non-parents—whether that means installing a new fence and deck in the backyard or taking their spring cleaning one step further. Millennials are more likely than baby boomers to buy new furniture or refresh their décor.
Looking for a new home in San Diego – Rancho Penasquitos (San Diego, CA 92129) , Rancho Bernardo (San Diego 92128 and 92127), Poway (92064), Escondido or surrounding areas? Let’s chat. I can get you the latest and off market deals around.