As we approach the spring real estate market, interest rates just dropped giving buyers the extra purchasing power they need to compete in this highly competitive market.

 The decrease in interest rates will keep record home prices on the upward trend. 

Home prices in January were 19.1% higher year over year, according to a report released this past Tuesday by CoreLogic. That level of growth is the highest in 45 years, when CoreLogic began tracking prices. It is an amazing time for homeowners who are considering selling their home. Contact us to discuss your unique home buying or selling situation. Read on for local events in March, real estate in the news, and discover lifestyle tips curated just for you!

~Layne & Rachel


We are excited that we got an accepted offer for our buyers on this beautiful historic home in the idyllic town of Burlingame. Burlingame is famous for its charming home styles with their own unique story and trademark pink sidewalks that date back to 1912. This home was designed by renowned architects and has its own officially published name: The Observatory House. The Observatory House features a 26’ stucco and marble tower designed as a library/reading room and observatory. There are two observation decks offering 360 degree panoramic views. Our buyers will have the privilege of owning and enjoying a historic piece of San Diego!  

Real Estate 

in the News
Living the Dream: Here Are the Hottest Luxury Real Estate Markets in America Right Now



 The high-end luxury market is booming.


During the COVID-19 pandemic, demand for luxury homes in popular vacation areas, particularly along the coasts, has surged. 

So what are the hottest luxury real estate markets in the country with some of the most extravagant homes?

Click here to find out! 
10 Surprisingly Affordable Housing Markets Across America


With the rise of remote work, Americans no longer had a need to center themselves in big cities, and moved into more affordable housing markets. Home sales hit a 15 per year record high in 2021. Price hikes aside, there are still plenty of housing markets in America that would be deemed affordable for the average family. Check out the top untapped housing markets in the country!

 


Modern luxury architectural masterpiece at the apex of the hill in the coveted community of Point Loma with spectacular panoramic views of the bay, downtown, Coronado, mountains, and city lights. This brand new custom home boasts 3,735 sq ft with 4 bedrooms and 4.5 bathrooms in addition to a highly desirable detached 1 bedroom, 1 bathroom, 485 sq ft ADU (3509 Talbot St). This entertainer’s dream home was designed with multiple entertaining areas including an outdoor kitchenette with a built in BBQ and expansive wrap around view decks to capture the dramatic views of the bay and downtown skyline. Close proximity to the bay, beaches, Sunset Cliffs, Shelter Island, yacht clubs, the village, Liberty Station, and all that this premier neighborhood has to offer.  

Local Events

Carlsbad Flower Fields


Don't miss out on this spectacular  display of natural color and beauty in the North County hills! The nearly 50 acres of Giant Tecolote Ranunculus flowers that make up the Flower Fields at Carlsbad Ranch in Carlsbad, California, are in bloom for approximately six to eight weeks each year - from early March through early May - literally bringing the famous fields back to life.  Details here.

40th Annual St. Patrick's Day Parade & Festival


The Annual San Diego St. Patrick’s Day Parade will begin on Saturday, March 12th, 2022 at 10:30 a.m. on Fifth Avenue at Laurel Street as thousands of marchers and spectators gather to celebrate the Patron Saint of Ireland.


With over 120 Parade entries, this event is not to be missed! Full schedule here.

San Diego Crew Classic

March 26th - 27th


The SDCC brings together thousands of athletes from more than 100 universities, clubs and high school programs across the United States. The Crew Classic is a fun social gathering for enthusiasts to enjoy great local food, a beer garden with San Diego’s famous local craft breweries, and shopping. The event is held at Mission Bay, details here.

Padres Opening Day

March 31st


Are you ready for baseball season?Kickoff the 2022 baseball season at Petco Park as Fernando Tatis and the Friars host the San Francisco Giants.  Come cheer on the Padres to their first win of the season! Ticket details and day of schedule can be found here.

When this beautiful lake view property came on the market as a Coming Soon, we called the listing agent to find out if we could see it with our clients before the open houses over the weekend. She let us know that she had been getting flooded with calls on this property and told us to just come to the open house. Knowing how competitive this market is for buyers, we followed our phone call up with a text explaining that our buyers can close quickly all cash as they just sold their home to their son and daughter in law. The listing agent texted back and asked us to meet her there the next night at 5PM as she had to finalize some items at the property. We met her there the next evening and our clients loved the property. We submitted an offer 2 hours later, we were in escrow the next morning, and we closed escrow in 13 days!!! We are beyond happy to get our buyers this home in the Panorama community steps to the beautiful pool with access to the St Marks Executive Golf Course, restaurants on the lake, boating and more. They had wanted to live in this neighborhood when they retired and we were so happy to make their dream a reality. As a bonus, we let them know about transferring their tax basis of their recently sold home to their new home and they will be taking advantage of Prop 19! 

Lifestyle Tips & Tricks
How to Combine Decorating Styles

for a Cohesive Look


Whether you're moving in with your significant other or accommodating the belongings of multiple generations, combining decorating styles can feel daunting. These real-life examples and expert insights will have you confidently combining pieces for a comfortable and consistent home.
8 Traditional Irish Desserts for

Celebrating St. Patrick's Day


Whether you're celebrating St. Patrick's Day or just looking for a satisfying, classic Irish dessert, these scones, shortbreads, and cakes will hit the spot.
Colorful Yet Hardy Plants to Grow in March


Many local nurseries will start stocking their greenhouses with young edibles, perennial herbs, and flowers that can transplant in March. However, there's something special about watching a seed you sowed grow into a bountiful, lush plant over time. March is truly a month of planning for, prepping, and enjoying all four seasons in the garden.
compass
Layne & Rachel

Harrison

619.861.5263

DRE#01301301 | 01862028

© Compass 2022 ¦ All Rights Reserved by Compass ¦ Made in NYC

Compass is a real estate broker licensed by the state of California and abides by equal housing opportunity laws. License number 01527365. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.

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