Blog > September Updates: Local Highlights, Market Insights & More!

San Diego Restaurant Week Calling all foodies! SDRW is a celebration that showcases the upcoming hits in the culinary world. From Oceanside to Chula Vista, there are over 180 restaurants participating across 30 different cities. Prices vary based on the restaurant, but recommendations are all tried and vetted for your utmost enjoyment! Check out the SDRW website to browse the list of restaurants and more details about pricing/location/reservations. When you've picked your restaurant of choice, make sure you book a reservation in advance and browse the special prix fixe menu recommended by SDRW. If you're a foodie who wants to join in on the fun, mark your calendars for September 22nd-29th! No passes/tickets are required.

Recent Sales
As summer winds down, we hope you've had a fantastic season filled with both work and play. We've had an exciting summer ourselves, with increased business and plenty of time to spend with our families and friends!
Here are some exciting updates:
PENDING
6153 Pembroke Dr., San Diego, CA 92115
CLOSED
4465 Ocean Blvd. #42
San Diego, CA 92109
Sold for $975,000

19326 Bigfork Rd
Lake Elsinore, CA 92532
Sold for $707,000
Do You Have a Trust?
Not a will, but a trust. There is so much confusion about wills and trusts, and you might not know which one you have. For example, people think that if they have a will, their heirs will avoid probate. Guess what... that's not true! Only a trust will do that. So if you're now thinking you need to talk with someone about that, we have just the person. Craig Lambourne of Ewin Lambourne Law is our go-to person. Craig has worked exclusively in the area of estate planning, trust and probate law since 2009. He is a Certified Specialist by the State Bar of California Board of Legal Specialization in Estate Planning, Trust, and Probate Law. Craig serves as a court-appointed attorney and guardian ad litem for the San Diego Superior Court in a variety of different proceedings. He is a frequent presenter on a wide range of estate planning topics. Why do we love Craig? There are 3 reasons. One, we know that he's a great attorney. He's worked with us and our families to craft trusts that make sense. Two, he's a great communicator. He explains things very clearly and simply so you know what he recommends and why. And three, he's also a great person. Craig is someone who is relatable and relational. He wants to help you now and in the future. And when you meet him and work with him, you'll see what I mean. Give him a call to schedule an appointment. (619) 698-1788.
County-Wide Stats
MEDIAN SALES PRICE: $880,000
NEW LISTINGS: 2,998
ACTIVE LISTINGS: 4,805
PENDING SALES: 2,016
CLOSED SALES: 2,013
AVERAGE DAYS ON MARKET: 24
MEDIAN % OF ASKING PRICE RECEIVED: 99.3%
Confidentiality
Confidentiality Working with friends can be a challenge, especially when it comes to real estate. You may have first-hand experience of how personal selling real estate is, so you won't be surprised that we learn a lot about our buyers and sellers amidst the process. Oftentimes, we're working with friends in stressful situations. Sometimes we work on extremely exciting sales, and other times the reason for selling/buying is extremely difficult. That's why we make the commitment to confidentiality from the very beginning. From the first phone call/text/meeting with you about real estate, our journey is private and it stays that way. The only way other people know we are working together is if you tell them - after all it's your news to share! We are so grateful to our clients who have trusted us in good times and hard times of their life. You are our first priority, and it's an honor to work with friends and family like you!
How often do Interest Rates Change?
Should you let the interest rate dictate when you jump into the market to buy or sell? We get questions about rates all the time in the lending world. There are so many factors that impact rates. Basically, it's market conditions such as inflation, the stock market, unemployment, and yes, the Federal Reserve (keep reading because it's probably not what you think). When one or more of these market conditions fluctuate, it impacts mortgage rates. That's why it makes predicting rates so hard. Right now, so many people are excited because the Federal Reserve is going to lower rates. But that doesn't necessarily guarantee mortgage rates will drop too - they don't control them. It's likely that when they lower rates in the next month or so, the mortgage rate won't go down. Or if it does, it won't go down much at all. That's why we've continued to give the same advice: If you're ready to sell, do it - just make sure that if you're planning to buy, you should buy in the same market. Do NOT try to time market fluctuations. For all of our readers looking to buy, don't wait for the lowest rates to get started - start looking and buy when you see something you like. Timing the market is essentially gambling. Rates could go up, or they could go down, so your odds are 50/50.
San Diego Events & Happenings

San Diego has something for everyone this fall from festivals and food fairs to outdoor adventures and cultural experiences. Discover exciting events happening around the city and plan your next outing!
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Punny, I'm Home!!
I'm on a seafood diet, have you heard of it?
When I see food, I eat it.
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Jim & Jennie
License ID: 01879102 & 02163353
License ID: 01879102 & 02163353


