Rancho Coastal Properties, Inc.

🏡 San Diego County Real Estate Update June 2024! ​ 📊 Discover the latest trends:
1. Increased new listings and pending sales. ​
2.Rising median and average sales prices for single-family homes. ​
3. Growing inventory of homes for sale.
4. Check out the detailed market insights! 🌟
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Mike's San Diego Real Estate News My 5 Take-Aways For The June/July Market Serving My Amazing San Diego Clients Since 1991 My 5 Most Important Take-Aways on This Chart New Listings: In June 2024, there were 2,049 new listings, showing

The Perfect Storm...rates coming down, prices going up.
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Mike's San Diego Real Estate News Take the Estate Planning Survey! Serving My Amazing San Diego Clients Since 1991 San Diego County Market Update Summary: San Diego housing prices by bedroom type for June 2024 compared to the previous

San Diego Housing Prices Up 9% Year Over Year
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Mike's San Diego Real Estate News Housing Sale Up 9% Year Over Year Serving My Amazing San Diego Clients Since 1991 The median home sold price in San Diego was $929,895 in June 2024, up 9% from last year, and the median price per squa

🏡 Attention Homeowners and Buyers! 🏡

This week's real estate newsletter is packed with valuable insights! 📈✨

🏠 Home Sellers: Get your FREE report on how to get top dollar for your house! 🏆💰 Don't miss out on these expert tips to maximize your home's value.

🏘️ Buyers: Great news! The housing supply is increasing this summer 🌞📈, making it the perfect time to find your dream home. More choices, better deals! 🔑🏡

Sign up now and stay informed with the latest market trends! 📰📬

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Mike's San Diego Real Estate News Free Report: Avoid 11 Worst Mistakes Sellers Make Serving My Amazing San Diego Clients Since 1991 SD Real Estate Newsletter - June 2024 Edition Momentum Builds in Sales of Single-Family Homes, accordi

🌞🏡 June 2024 Real Estate Update: San Diego County 🌴✨

Hello San Diego! My latest newsletter is out, and it's packed with everything you need to know about the current real estate market. From hot neighborhood spotlights to new developments and expert tips, we've got you covered!

🔹 Market Overview: Median home price now at $850K, a 5% increase from last year! 📈

🔹 Neighborhood Spotlight: Discover why Encinitas is the place to be, with a 7% rise in home values! 🌊🏠

🔹 New Developments: Check out Pacific Highlands Ranch, Civita in Mission Valley, and Millenia in Chula Vista for some exciting new opportunities! 🏗️🌆

🔹 Expert Tips: Navigate this competitive market with confidence. From getting pre-approved to finding off-market gems, we share our best advice. 💡🔑

🔹 Community Events: Don't miss the San Diego County Fair, La Jolla International Fashion Film Festival, and Carlsbad Music Festival this summer! 🎡🎶

Stay informed and make the best decisions for your real estate needs. Click the link in our bio to read the full newsletter. 📰👇

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Mike's San Diego Real Estate News Real Estate Tips & Upcoming Events Serving My Amazing San Diego Clients Since 1991 SD Real Estate Newsletter - June 2024 Edition Market Overview San Diego County's real estate market has shown resilie

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Wealth-flation is a thing! While some wealthy individuals have moved to lower-tax states, they often face high local inflation and increased insurance costs, diminishing the perceived financial benefits. In 2019, fewer than 10 million U.S. families had a net worth of $1 million or more. By 2022, this number had soared to 16 million. San Diego alone boasts 14,700 millionaires, 70 centi-millionaires, and 4 billionaires.

Nationally, the number of millionaire households has surged by 60% in just three years, a phenomenon dubbed "wealth-flation." This growth is largely driven by rising equity and cryptocurrency markets, as well as increasing home equity. However, it's not the real estate market driving up prices; it's inflation. Homeowners may be rich in equity, but renters are bearing the brunt of the financial strain.
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Mike's San Diego Real Estate News "Wealth-Flation" & San Diego Real Estate Serving My Amazing San Diego Clients Since 1991 "Wealth-Flation" & San Diego Real Estate In May, the upper tiers of the market saw a strong rebound following a

Three Essential Traits Every Landlord Needs to Manage Their Properties Successfully:
San Diego, CA.- Managing rental properties can be a rewarding venture, offering both financial benefits and the satisfaction of providing quality housing. However, it's not without its challenges. Effective property management requires specific traits that not every landlord possesses naturally. If you're lacking in certain key areas, you might find yourself struggling to keep up with the demands of being a landlord. Let's explore three essential traits every landlord needs: being detail-oriented, possessing strong problem-solving skills, and being a people person. Without these traits, you might face significant challenges in managing your properties successfully.
https://www.ranchocoastalproperties.com/3-essential-traits-every-landlord-needs

Market Update
The ongoing strength of the U.S. economy continues to drive severe volatility in the bond market that impacts 30-year mortgage rates and, thus, the housing market here in California. 10-year Treasury rates have surged in the wake of last Friday’s jobs report, which showed more than 270,000 net job gains and daily mortgage rates have jumped back near 7.2%. The services sector, which has seen the strongest demand over the past 2 years, continues to grow and remains plagued by a lack of available workers, which is keeping wage growth and inflation elevated. Fortunately, more listings have been coming onto the market in the past few months despite many homeowners facing rate-lock after buying/refinancing when rates were below 3%. This has already helped home sales rebound from 2008 financial-crisis levels through April, and sales should continue to rise through the end of the year notwithstanding the caveat that the market will remain volatile.

How is your Investment property performing? Tenant issues, low rents and maintenance issues can consume your time. Here is how Rancho Coastal Properties, Inc. helps property owners maximize returns on their investments.
Our comprehensive 10-Step Property Management System is designed to support you in achieving and surpassing your investment goals. Get The Report here https://www.ranchocoastalproperties.com/my-post
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Mike's San Diego Real Estate News Rent Report Summer 2024 & Real Estate Serving My Amazing San Diego Clients Since 1991 Lunch & Real Estate Do you have questions about: Your Portfolio Buying or Selling Seller Financing Probate (what n

Are you managing your own property to save on management fees, but you feel compelled to offer cheap or discounted rent because the tenants have been with you for a long time? That doesn't make ANY sense! Find out why professional property management can be a smarter option for your investment property.

Landlord Do's And Don'ts [Does One Of These Headlines Resonate With You?] Stop Being Nice and Start Being Smart: Your Rental Income Depends on It Your Generosity is Costing You: Stop Letting Tenants Rob Your Profits Are You Giving Away Rent? How Self-Management Destroys Your R...

Mike's Real Estate Update and a FREE Hair Cut! What more could you possibly want?
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Mike's San Diego Real Estate News San Diego Real Estate Update- Market cooling? Nah, I wish!! Serving My Amazing San Diego Clients Since 1991 Market Update (from my mom) My mom always emails me real estate articles whenever she sees t

SUCCESS STORY: We recently helped a local Encinitas homeowners increase their rental revenue from $2,700/mo. to $4000 per month! Here's the back story...
Issues with the property were resolved, minor renovations were advised, and then overseen to completion. Owners netted an additional $100,000 in equity and rents were increased by 39%.
If we could walk you through a strategy that nets you 20%-40% more rent each month, wouldn't that at least be something you'd want to talk about and gather more information?
It doesn't make any difference whether you self-manage or we professionally manage for you...AS LONG AS YOU NET MORE MONEY. Right?
Let's get together at your property or over the phone for ten minute. I promise to keep it short and sweet and you can decide whether working together makes sense or not.

We are entering the beginning of the summer buying season and housing prices are showing it. California just jumped above the $900,000 median house price for the first time ever, showing that the inventory levels and new buildings is just not coming to market fast enough for the demand.

This makes it very hard to find places to put some hard work into and sell. However, it also increases the demand for finished/renovated homes due to buyers' renovation or fix budgets having to go to down payments.

If you would like to talk more about what I am seeing and thinking is coming to our market please reach out to me for coffee or lunch.

The Beacon’s Beach access trail in Leucadia has reopened just in time for the unofficial start of summer.

The switchback dirt trail was closed in January after winter storms caused a landslide that collapsed a portion of the path.

Scientists from the Scripps Institution of Oceanography monitored the bluff for several weeks following the event before concluding that things had stabilized. After months of repairs, the city said work is complete and open to the public for Memorial Day weekend. However, fencing will remain at the parking lot’s north end until a hole under the sidewalk is fixed.

The iconic Beacon’s Beach trail has a history of landslides. In May 2022, part of the cliff collapsed, resulting in the stretch being shut off to the public for a month.

Over the years, multiple plans have been proposed to stabilize the bluff and trail, including replacing the dirt path with a metal or concrete staircase, constructing a permanent seawall, or building a sand-cement buttress at the base.

Looking to downsize this summer? We've got you covered! Discover how downsizing could be the key to unlocking financial freedom and enjoying your golden years to the fullest.
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Mike's San Diego Real Estate News San Diego Real Estate Update - Downsizing This Summer? Serving My Amazing San Diego Clients Since 1991 Market Update Mortgage rates moderated further last week before inching up in the past couple day

I need your help. If you've ever worked with me or Stacy, we'd be honored to get a review from you. Click on the Review us on Google link below. THX!

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SUCCESS STORY: We recently helped a local homeowner increase her rental revenue from $5,000/mo. to $7,300 per month! Here's the back story.
She had been self-managing for the past seven years. She thought she didn't need a property manager. During those seven years she had rented to the same person and rarely increased the rent. Then, the renter decided to trash the property and NOT pay rent for seven months!
After an exhaustive eviction process she finally got access to her property and cleaned it up. New paint, new carpet, new outlets, new landscaping new lighting etc. It cost her about $50,000 to rehab her house.
We connected and found A++++ tenants for her who were willing to pay the market rate of $7,300/mo.
If you're currently self-managing, be careful! My question to you is this. Let's pretend for a minute we walked you through a strategy that netted you 10%-20% more each month. Is that something you'd at least want to look at?
It doesn't make any difference whether you self-manage or we professionally manage for you...AS LONG AS YOU NET MORE MONEY. Right?
Let's get together at your property or over the phone for ten minute. I promise to keep it short and sweet and you can decide whether working together make sense or not. Fair enough?

This week I'll share the best real estate investor tip I could ever give you- How To Protect Yourself As A Landlord. I've also included a quick survey for you!

Mike's San Diego Real Estate News San Diego Real Estate Update - Property MGMT Tip & Homeowner Survey! Serving My Amazing San Diego Clients Since 1991 Is California a landlord-friendly state? California's reputation as not particularl

Do you find yourself yearning for more freedom and financial flexibility? If so, then consider the following benefits of downsizing:
• Getting Your Home Sold: By selling your current home and downsizing to a smaller property, you can unlock a substantial amount of equity. Imagine what you could do with that extra cash – whether it's traveling the world, supporting your grandchildren's education, or simply enjoying a worry-free retirement.
• Check Out The Hottest New Downsizer Homes Both Locally & Across The Country: Get our custom list of downsizer homes tailored to your needs. Smaller single-story homes are safer and come with lower mortgage payments, property taxes, and maintenance costs.
• Embrace Freedom: Downsizing isn't just about decluttering your physical space – it's about decluttering your life. Enjoy more time for leisure activities, hobbies, and spending quality time with loved ones.
• Upgrade Your Lifestyle: Downsizing doesn't mean sacrificing luxury or comfort. Treat yourself to the lifestyle you've always dreamed of, without breaking the bank.
Live your best life by downsizing today! Simply give me a call/text (760) 822-1528 or email [email protected]. See what downsizing has in store for you!

You've been trying to buy a home...you know the struggle. What if I could get you list of properties in areas you like, in your price range and without other buyers competing against you?
Would you like a list like this? If so, all you have to do is comment below with "List" and I'll direct message you with the details.

Got questions?

Mike's SD Real Estate Update + Gorgeous La Costa Rental

Mike's San Diego Real Estate News San Diego Real Estate Update + Gorgeous La Costa Rental Serving My Amazing San Diego Clients Since 1991 1st Quarter Stats Are In...Here's My 2 Cents New listings are up because there are now solutions

Real Estate Update + For Rent: La Costa 5 Bedroom 3 Bath...Walk to La Costa Canyon, Stagecoach Park, Shopping!
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Mike's San Diego Real Estate News San Diego Real Estate Prices Up! Serving My Amazing San Diego Clients Since 1991 Homes in San Diego have sold for 7.6% more than they did a year ago. The median home sold price in San Diego was $914,8

Gorgeous sunrises and sunsets! Cool bay Breezes. Easy walk to local shops and eateries. Food and fun in Point Loma's Roseville neighborhood! Lovely light and bright 3-bedroom 2.5 bath home on quiet street offers stunning city and bay views. The open floor plan boasts vaulted ceilings and beautiful dormer architecture to maximizes the light and space, while 2022 renovation includes a new kitchen with modern cabinets and appliances, a brand-new roof, new windows, new carpet, and a new tankless water heater AND a brand new west-facing Four Season room (not included in square footage) off the dining room that provides excellent flex space with natural light- perfect for a home office or home gym. Just minutes from shopping, downtown, the bay, the beach, convenient 7 minute Uber ride to the airport and Shelter Island. A truly unbeatable location! Flat and level usable 5,000 Sq Ft lot. Large oversized garage with roof top view deck. Big west-facing backyard with plenty of sunshine. Airport and downtown in minutes without having to get on a freeway. Walking distance to San Diego Yacht Club, marinas and Pt Loma Village. House was originally a single story. In 1989 an architect/builder from Boston bought, stripped it down and added second story.

Point Loma Stunning Views! Light-Filled Vaulted Ceilings and Panoramic Views!   For Sale 3227 Lowell Street Pt. Loma, CA. 92106 3-Bedroom 2.5 Bathroom Exclusively Offered $1,775,000       Point Loma Bay & City Views Nestled in

This Week: Sell Your Home & Preserve Your Low Interest Rate!
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Mike's San Diego Real Estate News Sell Your Home & Preserve Your Low Interest Rate! Serving My Amazing San Diego Clients Since 1991 Did You Know You Can Sell Your House And Preserve Your Low Interest Rate? Are you a homeowner contempl

FOR RENT: Exclusive La Costa Knolls of South Carlsbad! Large 5 bedroom home on quiet tree-lined street in highly desirable neighborhood with large private low-maintenance backyard. Large 3-car garage with extra storage. Close to shopping, beach, hiking trails, walkable to La Costa Canyon High School and in the esteemed Encinitas Union School District. Stagecoach park is also a short stroll away. Recent upgrades include: new paint, new carpet, new stove. $7,300/Month

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FOR RENT: 5 Bedroom Home In South Carlsbad! Top Tier Schools, Big Yard, 3-Car Garage   FOR RENT: Carlsbad 5 Bedroom   3533 Sitio Baya Carlsbad, CA. 92009     Exclusive La Costa Knolls of South Carlsbad! Large 5 bedroom home on quiet tree-lined

How Hot Is The San Diego Real Estate Market?
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Mike's San Diego Real Estate News How Hot Is The San Diego Real Estate Market? Serving My Amazing San Diego Clients Since 1991 How Hot Is The San Diego Housing Market? Hey there, ever thought about the goldmine that is the San Diego r