Del Mar, CA

Hong Kong Luxury Real Estate

$57 Million as a sales price for a Hong Kong apartment?

What if I had $57 million to buy a luxury home in the U.S.?

I would seriously have to consider a currently-available 10,000 square foot home right on the beach in Del Mar, just north of La Jolla. The climate couldn’t be more perfect, the views are spectacular, while snow-covered mountains and desert golf are just a couple of hours away. But then again, I am a big fan of (and a Realtor in) San Diego!

HT: Luxury Home Digest

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What is new with Del Mar real estate and homes for sale. The inventory level tells the story. The following chart breaks down the inventory into price range categories by single family attached and single family detached homes. The information is current as of October 20, 2009.

Price ranges with no sales but active listings assume are approximated based on nearby price ranges. The low price points show reasonable market strength, up to about $1.5m for a detached home. Overall, there are 12 months of inventory.

Other recent San Diego Real Estate Market Reports:
Will SELL Your Home in 6 years + 4 months, or less - GUARANTEED!!!
San Diego Homes for Sale - Months of Inventory - October 2, 2009
San Diego Homes for Sale - Median Home Price drops 7.24% in last 12 months
San Diego Home Sales Continue Normal Pace for September 2009

Hello and Welcome to Del Mar California~Sell my Home~ List my Home ~Short Sale~ Realtors~ Listings Agents.

Are you looking to potentially Sell or list your home in Del Mar California in this market? Here are some imporant points to think of when looking for the right listing agent or Real Estate company in this market. Most of the time the reason a home will sell quickly is marketing over price. Having the right marketing strategy to sell your home quickly and for top price is crucial these days. There is a good chance the reason you are reading this is because you found us on one of the top pages on one of the major search engines below: This could be your home that people are finding on the top pages!

It is of the utmost importance these days to find a Realtor with a solid internet strategy. According to many studies, close to 85% of people start searching for their next home purchase online. This means it is very important to have a listing agent that has a very strong online marketing strategy and background to sell your home. Your Listed Home should be Found on one of the top spots of Google, Yahoo, or Bing, and syndicated to many other top sites! Most listing agents have no idea how to aggresively pursue a strong online marketing campaign. We score on the first page of Google and other search engines for hundreds of categories and seach terms. When many potential buyers can easily find your home online, the chances of them coming to see it are much greater! We also syndicate our listings on many of the top Real Estate sites such as Zillow, Realtor.com, Homes.com, Craigslist, Sandicor, Popular blogs, Facebook, Twitter, Youtube, Four Seasons Realty Website, etc, to get the maximum amount of exposure to sell your home quickly and for top dollar..

It is important to find a Realtor to List your home who personally works with many active buyers. Working with active buyers is a very important step in this market. In a good economy, Realtor's can take listings, put them on the MLS, type up a few flyers and sit back and wait for other agents to bring them offers. Many Realtors are strictly listing agents and don't actively look for buyers on their own. They just try to price the property so aggresively that it will get a lot of activity, but a solid marketing campaign along with working with active buyers can help get you a much higher return when selling your home. At Four Seasons Realty we are currently working with several hundred pre-approved buyers which include many in Del Mar California and we would love to talk to you further about listing your home and bringing one of our qualified buyers to you. To learn about our active buyers for Del Mar California click here.

Short Sale Listings: This is another step in which it is very important to work with a specialist who is familiar with the short sale process. If you are potentially in this situation, you definitely want an agent who understands how to work with the banks directly, knows what paperwork they will require, and how to push through to get a deal done. Most agents fail at short sale listings because they are not familiar with the process. We have succesfully closed a very high percentage of short sale properties we have taken on due to our background and knowledge of working with the banks directly and staying on top of them. If you may potentially be in a short sale situation, we would be happy to speak with you further, please call or visit us here.

For a free consultation and proposal of our marketing strategy for listing and selling your home, please call us at 858-380-2005 and ask for Cody. I will be happy to show you some of our Google results, discuss our marketing strategy, and run a free Market analysis on listing and selling your home. Who know's, I may already have a qualified buyer for your home who's ready to write you an offer! I look forward to hearing from you soon. To visit me online, please click here.

Del Mar is a small coastal town in North Diego County with a reputation for being one of the most expensive towns in the county. Indeed, the Del Mar real estate market currently has two of the most expensive homes for sale in San Diego County (at $76M and $50M), and still holds the record for the most expensive property sold (at about $48,000,000).

READ MORE: Del Mar - Affluent Seaside Town (A Community Profile)

Having up to date information on the local Del Mar real estate market is important to make informed decisions about buying and selling property. Here are the statistics obtained from the MLS for Del Mar for September 2009 (the data are believed accurate but are not guaranteed, and do not include private sales).

23 homes sold in the Del Mar real estate market in September, almost double the number of sales in August which had increased by 44% over July, encouraging news for a high-end community especially in terms of detached home sales. Here's a summary of the activity:

Sales volume increased over the prior month with an upward shift in the average price of a detached home, but a decline (due to lower end sales) for attached homes. Of the Del Mar home sales in September, 2 of the detached homes were short sales, and 1 attached home was bank-owned.

There were 7 Del Mar homes on the market at the end of September with a Contingent status (i.e., homes with offers being reviewed by short sale and REO lenders). These are included in the overall Active statistics below.

35 homes entered the Del Mar real estate market in September 2009, 5 more than in August.

There were 182 Del Mar homes for sale at the end of September 2009, with no change in inventory from August. At the current rate of sales over a 6-month period, this represents an inventory of 12.6 months for detached homes (down from 14.2 in August which had declined from July), and 9.9 months for attached properties, another decease (from 14.2 months in August which had dropped 5 months from July 2009).

23 Del Mar homes went pending in September (19 of them detached), 2 more than in August.

As with any statistic, 1 month of numbers are not a trend, so it is important to watch what is happening over a period of time. One should not draw any firm conclusions regarding pricing because of the extremes in the Del Mar real estate market, however there are some encouraging numbers regarding the inventory with more sales, along with improved affordability for attached homes.

READ MORE: How Important is Inventory when Buying or Selling? Very!!

Del Mar Real Estate Market Report for August 2009

Del Mar Real Estate Market Report for July 2009

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If I can provide more information about Del Mar real estate, or about real estate in surrounding areas, the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.

All content copyright © 2009 Jeff Dowler Carlsbad Homes and Real Estate Tidbits

Hello and welcome to Del Mar California Homes for Sale, Foreclosures, Auctions, REO, Short Sale Property.

September 16, 2009

Real Estate Silver lining or still too early to tell? Lets look at the numbers of the recent activity to see...

August 2009 Foreclosure, REO, and Short Sale update.

According to Foreclosure Radar (A service which tracks every single foreclosure daily in the state of California) in the month of August Foreclosure notices in the state of California saw a decline while foreclosure sales rose in the state of California.

Sales at the actual foreclosure auction rose by 3.4 percent overall to 17,289 sales. According to estimates foreclosure sales sold to third party investors at an average of a 29.7% discount from estimated market value.

Notices of default dropped by an estimated 19.1% from the record level set the in June. Notices of Trustee sale (Foreclosure Auction) decreased by 15.1% from the prior month.

Although it's too early to tell if this will be a trend its important information to consider and keep an eye on.

Some important bullet points to consider:

• Notice of defaults still remain at close to record highs. To search Pre-Foreclosure Properties in Del Mar California and other San Diego cities click here.

• Nearly 90 percent of the foreclosed loans for the month of May were originated between January of 2005 and December of 2007.

• Lenders took back roughly 14,327 foreclosures in which no third party bid was received. These properties become REO inventory (Real Estate Owned), and then are usually listed with Real Estate agents or sold at third party auctions. To search current REO inventory in Del Mar California and other San Diego cities click here.

• The percentage of total properties sold at foreclosure auction still remains pretty low compared to the overall amount of homes for sale going through the auction at only 19% with 81% going back to the lender.

• San Diego county for the month of May saw Notice of Defaults at 2,855, Notice of Truste Sales (Auctions) at 2,623, and Sales at auction of 1305. To search Pre-foreclosures, Foreclosures, and property which went back to the lenders in Del Mar California and other San Diego cities click here.

So what does this all mean? There are still many foreclosures coming down the pipe and foreclosure activity is still at close to record levels. However, sales volumes are now starting to turn around. San Diego County sales volumes were up substantially last month compared to August of 2008. Many first time and value buyers are now stepping back into the market. The many incentives such as the $8,000 tax credit, low interest rates and decade low prices (for many areas) are making this a great time to purchase for many people. To learn more about properties for sale in Del Mar California and other San Diego cities click here.

Click the yellow map below to view Homes for Sale, Pre-Foreclosures, Foreclosures, Auctions, REO, Short Sale, and the entire San Diego County MLS.

At Four Seasons Realty, we track most every Foreclosure in San Diego County and attend the auctions on a weekly basis. We also come across many off market opportunities as well. To learn more about foreclosures in San Diego, please visit our fully integrated Real Estate Website at www.fourseasrealty.com, where you can search all active pre-foreclosures, foreclosures, auction, short Sale, and REO listings along with the entire San Diego county MLS.

You can also sign up for our free Property watch service which will automatically keep you updated of any new listings that fit your guidelines or any price changes!

We Look Forward to Hearing From you!