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        <title>You Are Almost Home!</title>
        <link>https://www.lundteam.com/blog/2012-01/</link>
        <description>Whether we post about our latest properties for sale or give you tips on how to buy or sell your home, the Lund Team's blog has all of the North County San Diego real estate updates you need! Subscribe today!</description>
<item>
    <guid>https://www.lundteam.com/blog/carlsbad-market-summary-2012.html</guid>
    <link>https://www.lundteam.com/blog/carlsbad-market-summary-2012.html</link>
        <author>tyson@lundteam.com (Tyson Lund)</author>
        <title>Carlsbad Market Summary - 2012</title>
    <description> <![CDATA[ 
Carlsbad and General Market Summary: 


Tyson Lund - Broker Associate , The Lund Team, Inc



Active
 real estate brokers are noticing a shift in the San Diego real estate 
market.  Many areas of the county are experiencing fewer homes for sale 
than in previous months. Professionals call this “inventory restriction”
 and it is having a noticeable affect on our local Carlsbad market.  An 
increase in the number of home buyer showings per available home. 
 Average time to sell in the current market for non-short sale property 
has dropped by 33 to 60 days average market time.  Brokers are finding 
multiple offers more common on their desirable listings with the seller 
achieving near 99 of their asking price.  Now although it is much to 
early to call the end to a long and brutal down real estate market, any 
signs of vitality has to be embraced by homeowners looking to make a 
move up, relocation or downsize their current obligation.  
All
 must remember that “real estate is first and foremost supply and 
demand.”  And in $900,000 and under single family residential home 
market in Carlsbad, supply is, for the time getting tight.   Inventory 
levels for non-distressed property are between 3.5 months and 4.5 months
 of available homes.  This is a low level.  This has helped to reduce 
market time and help owners secure closer to their asking price. 
 Several dynamics have helped reduce inventory in early 2012. 
 Seasonally, the winter real estate market (October to December) often 
has fewer listed for-sale.  December and January saw steady buying 
activity thanks to corporate relocation, low mortgage rates and reduced 
winter prices.  
This
 bulk of the home buying activity is of homes priced under $900K, with 
the average Carlsbad home sold between November and January at $600,000.
   This area of the market is seeing strong demand and readily available
 financing.  Carlsbad homes priced above $1M are considered within the 
luxury home market.  And the luxury market remains at standstill.  In 
the past 90 days, only 2 homes have sold above $1M with two under 
contract.  This leaves almost 30 months of unsold property in Carlsbad. 
 Luxury homes are extremely difficult to sell unless they are priced 
very aggressively.  
All stats are based on last 90 days of activity:
92009 - Single Family Detached
Average selling price: $645,000 for 2,787sq.ft, 3 bed, 3 bath. 96 of asking price - Avg. Days on Market = 98 days
Months of current inventory = 4.5 Months of inventory
92011 - Detached
Average selling price = $666,528, for 2,423 sq.ft 3 bed, 2 bath, 97 asking price - 67 days on market
92010 - Detached
Average selling price = $469,519, 2,180 sqft, 3 bed, 2 bath, 97 asking price- 60 days on market
92008 - Detached
Average selling price = $598,538, 2,171, 3 bed, 2 bath, 94 asking price- 70 days on market*These numbers are modified estimates that remove short-sale comparatives from number to get a more accurate indicator for average market time.  Short-sales often have irregular market times due to trouble with lender(s) and not due to the property not selling.

 ]]> </description>
    <pubDate>Wed, 25 Jan 2012 16:52:13 -0800</pubDate>
</item>
<item>
    <guid>https://www.lundteam.com/blog/carlsbad-condo-stats-for-2012.html</guid>
    <link>https://www.lundteam.com/blog/carlsbad-condo-stats-for-2012.html</link>
        <author>tyson@lundteam.com (Tyson Lund)</author>
        <title>Carlsbad Condo Stats For 2012</title>
    <description> <![CDATA[ 
Carlsbad
 condominium and town home sold values remain unchanged through 2011 and
 early 2012.  Thanks in part to low mortgage rates and greater 
affordability, attached property has found a pricing equilibrium.  The 
average attached sale in Carlsbad between November 2011 and January 2012
 remain relatively unchanged from a year prior at $326,000.  Home buyers
 found with record low mortgage rates (currently below 4 for 30 year 
fixed rate) the cost of owning a condo / townhome was often equal or 
better to paying current rents.  Average time on market is around 55 
days for traditional sale property.  Short-sale’s are a large part of 
the attached market in Carlsbad making up 40 of the active inventory. 
 Short-sales, ever the oxymoron, are averaging 155 days on market to 
sell.   


 


For more information on buying, selling or investing in Carlsbad Real Estate, please call Tyson Lund (760) 438-0800.
 ]]> </description>
    <pubDate>Mon, 23 Jan 2012 11:37:32 -0800</pubDate>
</item>
<item>
    <guid>https://www.lundteam.com/blog/just-listed-bank-owned-2876-macdonald-st-oceanside-92054.html</guid>
    <link>https://www.lundteam.com/blog/just-listed-bank-owned-2876-macdonald-st-oceanside-92054.html</link>
        <author>Contact@LundTeam.com (Garrett Lund)</author>
        <title>Just Listed - Bank Owned  2876 Macdonald St, Oceanside 92054</title>
    <description> <![CDATA[ 
Spacious 3BR/2BA single story home in established neighborhood. New carpet and 
fresh interior paint Formal living room with fireplace. Move-in ready condition 
with updated kitchen and bathrooms. New kitchen appliances. Attached 2-car 
garage. Large, private backyard. Oversized view deck with BBQ and fire pit. NO 
HOA, NO MELLO ROOS


Listed at $299,900 - Call The Lund Team at 760.438.0800 or email reo@lundteam.com thanks.



 ]]> </description>
    <pubDate>Fri, 20 Jan 2012 16:44:57 -0800</pubDate>
</item>
<item>
    <guid>https://www.lundteam.com/blog/buy-a-home-with-12-of-1-down.html</guid>
    <link>https://www.lundteam.com/blog/buy-a-home-with-12-of-1-down.html</link>
        <author>tyson@lundteam.com (Tyson Lund)</author>
        <title>Buy a home with 1/2 of 1 down</title>
    <description> <![CDATA[ 
A new product from a Lund
Team, inc preferred lender allows a qualified buyer to purchase with as little
as ½ of 1.  That is buying a $400,000 home with $2,000. 


If you can say “Yes” to all
of the following you qualify for this mortgage:


• Must be an FHA 30 Year Fixed Rate
Loan 
• 2nd Mortgage not to exceed 3 of the Sales Price 
• 2nd Mortgage proceeds can be used for Down Payment or Closing Costs 
• Property MUST be Owner-Occupied 
• Borrower can not own other properties 
• Borrower must meet Income Limitations (call for details) SAN DIEGO $89,880
and Orange County $101,040
• Borrower DOES
NOT have to be First Time Buyer 
• Minimum FICO Score 620 
• Second mortgage is a 15 year fixed rate loan


 


ONE-HALF OF ONE PERCENT DOWN PROGRAM 




Contact Tyson Lund for more
information:  760.438.0800 or Tyson@LundTeam.com.  
 ]]> </description>
    <pubDate>Wed, 18 Jan 2012 11:34:25 -0800</pubDate>
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