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Archive for August, 2008


Live The La Paz Lifestyle!

Today I had the pleasure of meeting Jeffrey Curtiss, the visionary founder of Playa De La Paz; a wonderful new condominium community currently under construction in the undiscovered jewell of La Paz Mexico.

La Paz, Baja California Sur’s capitol, enjoys a wonderful climate and uncrowded beaches whose sunsets are among the best in the world. Mr. Curtis was kind enough to share some of his insightful thoughts about why Playa De La Paz will be Baja California’s next ‘it’ destination. The following is an excerpt from the project’s website, viewable at www.playadelapaz.com.

“Welcome to La Paz, one of Mexico’s premier resort destinations, possessing boundless natural resources and endless activities. The Capital of Baja California Sur with over 200,000 people, La Paz retains an authentic, small town ambiance that separates it from the more highly developed mega-resorts found throughout Mexico.

La Paz is unspoiled, safe and inviting, providing relaxing strolls along its seaside waterfront amidst fiery sunsets. You can indulge in delicious local cuisine and dance until the wee hours. Or explore historic museums and shop for authentic Mexican arts and crafts.

Try your luck and experience legendary sport fishing for marlin, wahoo, tuna, dorado and more. Snorkel with playful sea lions or scuba dive with hammerhead sharks and giant mantas. Kayak alongside friendly dolphins and whales or beachcomb on the local beaches and in the tranquil bays of Espiritu Santo Island. Discover ancient cave paintings in distant canyons or venture into challenging mountain bike terrain. Or just relax and do nothing at all on an endless white sand beach and get reacquainted with your inner self.”

You too can own a piece of the best of Baja, Playa De La Paz! Call or email us today for more information.

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North San Diego Home Stats Interest Buyers

Courtesy of July-08 Homedex report – North San Diego County Association of Realtors

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Three Reasons To Visit Our Latest Listings

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July 2008 HomeDex Report Screams Buyer’s Opportunity!

The July 2008 HomeDex report is out and has some great stats. We’re happy to share the info with you and would be happy to supply you with the full report. Just email us if you want a copy. Here are some of the findings below:

Single-Family Detached Home Prices

•The median price for all homes in North San Diego County – single-family
detached and single-family attached – was $418,000 in June 2008.

The median-priced single-family detached (SFD) home in North San Diego
County fell 4.85 percent to $490,000 in June 2008 from $515,000 in May 2008.

•SFD median prices in Non-North County zip codes fell 3.75 percent to $385,000
in June 2008 from $400,000 in May 2008.

•June 2008 median SFD prices in North San Diego County decreased 26.5 percent
year over from $667,000 in June 2007. Median price declined 28.34 percent in
Non-North County from $537,250 in June 2007.

•The countywide median SFD price decreased to $418,000 in June 2008 from
$435,000 in May 2008, a 30 percent decrease from June 2007.

 

median-prices-july-2008.jpg

•The median days-on-market for North San Diego County SFD homes remained at
50 days in June 2008. The average number of days-on-market decreased to 73 in
June 2008 from 75 in May 2008.

• The SFD median price-per-square foot fell to $240 in June 2008 from $249 in
May 2008, and down from $305 in June 2007.

median-price-square-foot-7-2008.jpg

As you can see prices have continued the downward trend and interest rates are still incredibly low. As we’ve said many times, no one has the proverbial crystal ball, and the investors are back in droves. If you’re still sitting on the fence wondering what to do, you’re probably going to miss a great buying opportunity. If you’re waiting to get into a home and think you can time the bottom, talk to my ex-stockbroker.

Otherwise call you agent and seize the opportunity!

Homedex Reports and the information in them are supplied by the North San Diego County Association of REATORS®

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