760-814-1850
    info@1850realty.com

1850 Realty ®1850 Realty ®

Helping You Buy and Sell Real Estate in San Diego

  • Communities
    • Cardiff
    • Carlsbad
    • Del Mar
    • Encinitas
    • Escondido
    • Fallbrook
    • Oceanside
    • Poway
    • Home
    • Ramona
    • Rancho Bernardo
    • Rancho Santa Fe
    • San Marcos
    • Solana Beach
    • Valley Center
    • Vista
  • Services
  • Blog
  • Why 1850?
  • 1850 Realty LFRO

Are we there yet?

San Marcos has seen it’s hay day of sky rocketing home prices but are those days gone forever?

It may take several years from now before we see double-digit appreciation but we are starting to see an upward trend in median home price.

In fact, from year to year July 2009 -2010, the median home price went up by 7% for San Marcos detached homes & up by 5% for San Marcos Condos. All though new construction like Venzano & the Laurels @ Old Creek are a different animal.  

How can that be??? Well consider this is following over 2 years of declines where some areas of North County San Diego depreciated over 50%.

It’s no wonder that we’re finally seeing some healthy trends after the last 30 months of this recession.  

That’s not to say we don’t have more declines coming…  

Reports show that in January 2010, the amount of distressed homes in North County totaled more than 11,000 which included inventory of bank owned, auctioned & pre-foreclosed homes. As of July 2010, the number of distressed homes in North County fell to 9,000, according to the HomeDex report by Economist Robert Brown.

That’s an 18% decline in distressed inventory on the market.

But does that mean we’ve started to see the last of this crazy flipped upside down market? Doubtful.

We still face the mortgage resets that are coming down the pipeline. Expect to see distressed homes all the way through 3rd Quarter 2012.

The amount of inventory we see will be determined by several things.

The most important thing being, How many homeowners get help? Whether its through a short sale or a loan modification, those 2 options offered by our government will affect how quickly we’ll see the light at the end of the tunnel.

But for some, those who are willing to take risks, jumping in during the times of uncertanty is what will allow them to ride the next wave of equity.

Posted in: Blog, Buyers, Listing, Real Estate in San Diego, San Diego North County Real Estate, San Marcos Tagged: First Time Buyers, first time sellers, New Construction, North County San Diego, real estate agents, San Marcos, Sellers

Post navigation

« Cardiff State Beach
San Diego Restaurant Week »

Favorites

Home Improvement
Open Houses
Things to Do
How to Buy
How to Sell
Honesty Hour Videos

Home Valuation Tool

1850realty

Helping families buy & sell homes in America’s finest city! 🏡🏘☀️#sandiegorealestate

San Diego Real Estate Broker
May we remember and honor those who have sacrifice May we remember and honor those who have sacrificed for our freedom 🇺🇸
All smiles as we enter the weekend ready to help t All smiles as we enter the weekend ready to help the San Diego area with all of their #RealEstate needs!
ATTN: Seller 🗣️ Here’s a tip you need to re ATTN: Seller 🗣️ Here’s a tip you need to remember when thinking about selling your home! For an in-depth seller analysis and a full market update on home values in your area, contact our team 🙌🏽🏘️
@ericfarrar1850 and @dev_1850realty are out in Car @ericfarrar1850 and @dev_1850realty are out in Carlsbad Village at a home inspection with @ertmanpropertyinspections. This nicely refinished multi unit is under the microscope for Dev’s client, to make sure no stone goes unturned.
Break through all of the media noise and contact y Break through all of the media noise and contact your local 1850 Realty professional! Visit us at 1850realty.com to book an appointment or shoot us a DM 😊
Look, we all know Zillow exists. But a Zestimate i Look, we all know Zillow exists. But a Zestimate is really just their system’s best guess. Do you want to trust an algorithm’s best guess, or a leading expert in the field? Stop messing with what a bot THINKS your home is worth, and find out what your home can actually get from the market. #1850realty #BrokersAreBetter #buyingahome #dreamhome #firsttimehomebuyer #homeowner #homeownership #livinginsandiego #NewHome #northcountysd #realestate #realtor #sandiegorealestate #sandiegorealtor #sellingahome #whoyouhirematters
Our home buying TIP of the DAY! before you star Our home buying TIP of the DAY! before you start, going to open houses, it’s a good idea to have a Mortgage Advisor look at your finances and help you narrow down a #purchase price that fits you and your family.
Later this year, we can’t wait to celebrate this Later this year, we can’t wait to celebrate this milestone with you in person! Cheers to 10 years!
We would like to wish all of the Mom’s and Mothe We would like to wish all of the Mom’s and Mother figures a very #HappyMothersDay 💜
Keep these 4️⃣ things in mind when deciding to Keep these 4️⃣ things in mind when deciding to rent vs. buy and contact our team to explore your options!
“Where good vibes and awesomeness shines day and “Where good vibes and awesomeness shines day and night!” Our brokerage, 1850 Realty, was founded a decade ago in sunny ☀️ #SanDiego and we always love the opportunity to share with others all of the things we love about the area. If you are looking to jump into the housing market, relocate to the SD or simply explore your options, we’ve got you covered! From #RealEstate to really fun things to do, make our team your first call 😎
With access to so many beneficial loan programs, o With access to so many beneficial loan programs, our team wanted to bring you a VA loan highlight!
Home maintenance checklist here! When was the la Home maintenance checklist here! When was the last time you did a quick check on these 5 things? 🤔
💐 Looking for something fun and intentional to 💐 Looking for something fun and intentional to do this Mother’s Day? Come support the mini makers that made us mamas and enjoy all the fun festivities this Mother's Day! Join us for some family yoga followed by LIVE Music, Hay Rides, & Mother’s Day Brunch amongst the beautiful vines and rolling hills of the Historic Rancho Guejito Vineyard 5/14 from 10-1pm! We will be joining forces with The Homeschool Collective to showcase the kidpreneurs in our community! This is a Free Event, but Please RSVP to confirm your attendance for parking and planning purposes. 🏷️ If your child would like to register to be a vendor at The Mini Makers Market, please visit theindiesol.org/explore 🧘‍♀️ In addition to our family friendly event, we will be hosting our monthly women's circle with The House Of Light at the east end of the vineyard. Treat yourself this Mother's Day to a beautiful Sound Journey & Heart Opening Meditation from 10-11:30AM. ✨ Our guest expert is Viianka Jolie. She will be guiding us through a short but powerful energetic untangling session to transform and elevate the relationship of the mother. Please RSVP here: theindiesol.org/explore 🥞 Mother’s Day Brunch Tix can also be purchased via the eventbrite link here: indiesol.org/explore ✨PROUD SPONSOR!✨
Hiring a Real Estate team with experience matters! Hiring a Real Estate team with experience matters! Our ability to guide you through the most impactful steps to get your home sold in record time and with record profits is what 1850 Realty is all about. Take a listen to @carolfarrar as she shares one of the most rewarding Real Estate transactions to date and DM us to discuss your next moves 🙌🏽
For more selling tips visit us online at 1850realt For more selling tips visit us online at 1850realty.com or send us a DM to setup a call!
Why we named our Brokerage 1850 Realty… We cont Why we named our Brokerage 1850 Realty… We continued to be proud of serving those looking to sell, buy or move to San Diego 🏘️😎🫶🏽 #RealEstate
🌍 Happy Earth Day! 🌎 🌍 Happy Earth Day! 🌎
1850 Realty’s advice for anyone thinking about b 1850 Realty’s advice for anyone thinking about buying a home this year! 🏘️ Let’s grab so coffee or schedule a chat! #Buyer #SanDiegoLife #RealEstate #Advice #HomeBuying
Here are seven tax deductions for homeowners! 1️⃣Mortgage Interest 2️⃣Mortgage Points Paid 3️⃣Home Equity Loan Interest 4️⃣Property Tax 5️⃣Home Office Expenses 6️⃣Medically Necessary Home Improvements 7️⃣Home Insurance Premiums Contact your local CPA or financial advisor for more details!
Load More... Follow on Instagram
760-814-1850
info@1850realty.com

16787 Bernardo Center Drive, Ste 7, San Diego 92128

1850 Realty ® California DRE #01946868                      Carol Farrar DRE #01733808                                         Eric Farrar DRE #01949104
1850 Realty ®
© 2023