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With the upcoming Thanksgiving holiday, the month of November brings a season of gratitude. We are feeling thankful that there has been an improvement in mortgage interest rates which is beneficial for buyers and sellers. Serious buyers should be in the know on what rates are doing daily to lock in a mortgage interest rate when rates make an improvement. Homeowners planning to sell need to thoroughly consider recent comparable sales and price their homes competitively. Whether you're a seller looking to capitalize on your property's value, or a home buyer trying to dive into this competitive market, it's necessary to stay informed, work with experienced professionals, and be ready to adapt to the evolving landscape of the current real estate market. San Diego remains one of the hottest and most competitive real estate markets in the country. As the dynamics of each local market is specialized, contact us to discuss your unique home buying or selling situation. Read on for local events in November, real estate news, and discover lifestyle home tips. |
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| FHA Want To Make It Easier for Home Buyers To ‘Build Wealth’ With Accessory Dwelling Units |
| A new federal housing policy will make it easier for some home buyers to qualify for a mortgage by allowing them to include rental income from accessory dwelling units as part of their application. The change in policy will “allow more borrowers to qualify for FHA financing for properties with ADUs,” the FHA said in a press release. |
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| | Bay Park | Listed for $2,195,000 |
| | Located at the apex of the hill on one of the most premier streets in coveted Bay Park, this stunning home boasts panoramic bay and ocean views. This home features amazing views of sunsets and fireworks, ocean breezes, and close proximity to Mission Bay. This 2,922 sq. ft., 4 bed, 4 bath upgraded home was extensively remodeled with a large second story addition and spacious view deck. |
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| | | Mission Hills | Sold for $1,500,000 |
| | We are so excited to help our clients buy this beautiful home in Mission Hills! This updated 1920's 3 bedroom, 2 bath, 1,618 sq. ft. home features an open concept floor plan, updated kitchen, and spacious primary bedroom with remodeled en-suite and french doors that lead to a large covered porch. The finished garage features a kitchen, bathroom, and modern glass garage door that opens to an indoor/outdoor entertaining space. The backyard features pavers, turf, and a treehouse! |
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| | | | We are so happy for our seller of this urban oasis in the heart of North Park! We received multiple offers and sold his property $30,000 above list price. This remodeled one bedroom, one bath upstairs corner unit condo is nestled in a gated community and features a one car attached garage in addition to one parking space. The living room has vaulted ceilings with wood beams and a cozy electric fireplace. The remodeled kitchen includes stainless steel appliances and granite countertops. Conveniently located within walking distance to restaurants, cafes, breweries, and nightlife. |
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| 12553 El Camino Real Unit A |
| Carmel Valley | Sold for $1,310,000 |
| | We are so happy for our sellers of this beautifully remodeled corner unit townhome in the best location of the Crest at Del Mar! We received multiple offers on their home and we negotiated an offer $60,100 above list price! This 3 bed, 2.5 bath, 1,564 sq ft home features dramatic vaulted ceilings and has an abundance of natural light through a multitude of windows. Resort like amenities include lap pool, two spas, and a gym in a well maintained community. Located in a top rated school district and minutes to Del Mar beaches, Torrey Pines hiking trails, and One Paseo. |
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| San Diego Wonderfront Music and Arts Festival |
| 3 day music and culinary arts festival along the beautiful waterfront of downtown San Diego with 7+ stages and 80+ bands. The festival offers yacht parties, water sports, art installations, a craft beer village and lots of local flavors. |
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| | Holiday Street Fair - Encinitas |
| Get in the gift giving spirit in the beautiful coastal town of Encinitas, two blocks from the ocean! Featuring 4 live music stages, beer gardens, and plenty of local vendors to support your holiday shopping needs. |
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| | Turkey Trot 5K - Run For Hope |
| The 22nd annual original San Diego Turkey Trot is back! Sign up for a quick 5K run/walk through Balboa Park to help support Father Joe's Villages' mission to feed the homeless during these holiday season of giving. Registration is still open to participate, or head down to join the plenty of supporters cheer on the athletes. |
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| Lifestyle Tips and Tricks |
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| Take your Decor from Halloween to Thanksgiving |
| With two major holidays in one season, the price to decorate your home can quickly rack up. Keep costs (and waste) low but style high with transitional decor ideas that will carry you through the Holiday Season. |
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2024 Wellness-Enhancing Smart Home Trends for your Kitchen |
| Many of the amenities found in the latest kitchen trends are empowered with smart home technology. |
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| Rent or Own? Which is the Best Housing Choice in Retirement? |
| Read on for a few areas to consider when deciding whether to rent or own a home as a retiree. |
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Maximize the value of your home with Compass Concierge. |
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| | layne.harrison@compass.com rachel.harrison@compass.com |
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Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. All material is intended for informational purposes only and 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 the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. |
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