Is San Diego's Market Cooling Off?
10:22
San Diego is OUT of New Homes
7:04
Пікірлер
@newhorizonsforfifty2833
@newhorizonsforfifty2833 10 сағат бұрын
San Diego as you see it looks like a movie set people can move around in.
@Johnhavnen
@Johnhavnen Күн бұрын
Commercial kitchen is electric? Lmao😂
@ChadiBridi
@ChadiBridi Күн бұрын
Very informative. Thank you
@opalcoastal-ld5kd
@opalcoastal-ld5kd 2 күн бұрын
Don’t move here. The homelessness, crime, and rampant drug use is out of control. It used to be nice but you can’t go anywhere without the homeless epidemic, with is sad, but also scary and potentially dangerous.
@James10555
@James10555 2 күн бұрын
Thank you man! Rn I'm 17 (nearly 18) and currently living in the UK (i hate it here its awful) but I really want to live in the California region and San Diego looks really promising but its a big task for me so, hopefully maybe one day! - awesome video man keep it up!
@DanPBestLifeSD
@DanPBestLifeSD 5 күн бұрын
What's something I missed about living in Carlsbad? If you're planning to relocate to Carlsbad or anywhere in San Diego County, reach out at [email protected] or 619-719-1122
@bauyrzhanailin
@bauyrzhanailin 5 күн бұрын
what is the website name in the beginning?
@emagee7864
@emagee7864 6 күн бұрын
The title should say North County Coastal. The discussion is tilted that way.
@yvonnebaker2016
@yvonnebaker2016 6 күн бұрын
It is ok here, boring at times, food is no where near as good as in SD.. Plus the food is so expensive. If you want to live a very very quiet life .. With very rude people then NC is for you. IDK why they say the schools are so good.. Most of the schools are run down looking. But who knows.
@rodgerbright3764
@rodgerbright3764 7 күн бұрын
Wow, this is some flood logic in my mind. Because the rent you are paying is 100% post tax earnings. The mortgage you are paying, specifically the interest and the property tax are “pretax” earnings. So it is not $2500 more at all. You have to do the math. Because you do not need to pay income tax on a huge portion of your mortgage. so I will admit that with our really crappy interest rates now this is not the case, but at a certain point, it actually cost you less money to buy a house than rent a house even though the monthly amount you pay more. Because YOU GET YOU NOT OAY INCOKE TAX ON THE VAST MAJORITY OF YOUR MORTGAGE. Not to mention the fact that the biggest problem with California real estate is that if you wait you probably can’t afford it. So while you think you are saving money by putting away an extra $2500 per month the value of that house is increasing perhaps hundreds of thousands of dollars every year.I will say that that’s maybe a little aggressive, but I have owned houses and then sold them and then they literally gained $1.5 million over 18 years of value.
@jenniferescobar9383
@jenniferescobar9383 10 күн бұрын
Top schools and nice quiet (more suburban) areas are our priority so looking at Scripps Ranch, RB, PQ, 4S Ranch, and Carlsbad.
@rcarloz
@rcarloz 10 күн бұрын
Powell saying that the FED focus has shifted to employment, expecting unemployment to hit 4.4 by the end of 2024. A 50 BPS spoke the markets as they were expecting a 25 BPS and 50 BPS can be taken as the FED trying to catch up. The FED expects to cut rates more by the end of the year. Currently the 2 year yield is at around 3.6% which means that the FED needs to catch up an lower the fund rate at around 3.6%, if and only if the 2 year yield doesn't go even lower. The FED will keep dropping rates, which means that we will get better rates if we just wait. On the other hand if the FED is too late to the party unemployment will spike up and buying a house will be the least of our worries. Time will tell in the mean time people do your research and be vigilant. Good luck.
@noahnajor2408
@noahnajor2408 10 күн бұрын
Looking forward to the added inventory and selection here in SD.
@DanPBestLifeSD
@DanPBestLifeSD 10 күн бұрын
100%!
@DanPBestLifeSD
@DanPBestLifeSD 10 күн бұрын
Do you think the Fed's rate cut will make buying a home in San Diego easier? 🏡 If you’re looking to relocate or buy, reach out at [email protected] or call/text 619-719-1122!
@chrisaycock5965
@chrisaycock5965 10 күн бұрын
Helps in the immediate but in the long run doesn't solve the problem.
@DanPBestLifeSD
@DanPBestLifeSD 10 күн бұрын
In the long run there is only one solution, and that's more new homes. Raising the rates keep people from selling, and lower rates create more buyers and sellers, but ultimately we just need more homes.
@liftoffagent
@liftoffagent 13 күн бұрын
Your content is really educational! It’s so helpful for buyers, and I hope you continue creating this type of content to help even more people. Keep up the great work!
@DanPBestLifeSD
@DanPBestLifeSD 13 күн бұрын
Thank you! Will do!
@liftoffagent
@liftoffagent 13 күн бұрын
Hey Dan, I just wanted to say how much I admire your KZbin videos! They’re super helpful for new homebuyers and anyone thinking about moving to a new area. Liftoff Agent is sponsoring a podcast called Real Estate vs. Technology - Unleashed, and it would be awesome to have you as a guest. Would be great to share your insights with our audience. Hope we can connect soon!
@Basta11
@Basta11 14 күн бұрын
Fallbrook was so rural when I was stationed in Camp Pendleton.
@kennixox262
@kennixox262 14 күн бұрын
North Park is going to be a problem with aircraft on final approach. Have vacation condo in Coronado and after about ten days, I 'm ready to leave from the jets approaching North Island but worse, are the helicopters circling around off of Coronado, the constant thumping noise drives me nuts. Then there is Hell Week at the Amphibious base quite literally next door to the south of our condo Complex It can be very noisy and the flairs and other war game stuff. Hotel Del Coronado next door is a total waste to visit to drink or dine. La Jolla is probably the best costal community in the vicinity.
@jojoba619
@jojoba619 14 күн бұрын
Mt. Helix is East County's hidden gem. It's unincorporated (no city government to deal with). Most tract homes have lager lot sizes than most sub-divisions.
@kennixox262
@kennixox262 14 күн бұрын
IT is also HOT in the summer.
@CheveraChino
@CheveraChino 14 күн бұрын
@@kennixox262 and?
@michaelhalverson5257
@michaelhalverson5257 14 күн бұрын
I second Mt. Helix! We moved here from Northern CA about 3 years ago. Probably one of the best places to live in the San Diego area that is relatively affordable, easy to get in and out of the city, safe and peaceful. My son also agrees and he and his wife live in Carlsbad. They have also lived in North Park. Also way more sunshine here and does not really get that hot.
@youtubecarspottersguide1
@youtubecarspottersguide1 13 күн бұрын
yes view lots no fog like Point Loma
@jonscrivner9087
@jonscrivner9087 14 күн бұрын
Most SFHs in a nice suburban neighborhood cost 1.5 million. Attached is 1 million.
@jonscrivner9087
@jonscrivner9087 14 күн бұрын
It's called supply and demand. San Diego is the American dream. The American dream isn't cheap, and it sure isn't an entitlement. Everything doesn't happen overnight. You have to work towards it over your entire life. Stop whining and get to work.
@2-old-Forthischet
@2-old-Forthischet 15 күн бұрын
San Diego used to be such a nice uncrowded city. I live in the San Gabriel Valley. The last time I drove to San Diego, it took over 3 hours and I started at 5 a.m.! San Diego is just like L.A. anymore.
@DanPBestLifeSD
@DanPBestLifeSD 15 күн бұрын
Meh, the population hasn't changed by any drastic level in the last 25 years. 1.225 to 1.35 million people.
@2-old-Forthischet
@2-old-Forthischet 14 күн бұрын
@@DanPBestLifeSD so some SD residences don't seem to agree with you.
@DanPBestLifeSD
@DanPBestLifeSD 13 күн бұрын
Traffic sucks, there’s no doubt about it. Especially when driving to SD from outside the county. But one single anecdote of how long it took for you to get from LA to SD doesn’t come close to explaining what it’s like to live here.
@Hellooooooo989
@Hellooooooo989 15 күн бұрын
How are homes in Santee or Mission Trails more affordable? Many big homeowners insurance (which mortgages require) companies pulled out of California completely. If changed regulations bring them back, areas that have a moderate to severe fire risk will come with a huge insurance price.
@DanPBestLifeSD
@DanPBestLifeSD 15 күн бұрын
Santee median price home is $740k vs Clairemont $1.1. Even with the homeowners insurance, that's still a significant savings.
@jojoba619
@jojoba619 14 күн бұрын
Santee is not next to the Pacific Ocean: that's why it is less expensive than costal neighborhoods. Two things I do not like about Santee: 1. Traffic is horrendous. 2. Santee is located in the San Diego river floodplain and is downstream from two very large reservoirs.
@Hellooooooo989
@Hellooooooo989 14 күн бұрын
@@DanPBestLifeSDwhat insurance plans are you referring to since major insurance companies aren’t writing for moderate to severe fire risk? Thats if they’re servicing CA at all.
@Hellooooooo989
@Hellooooooo989 14 күн бұрын
State Farm, the largest insurance company in CA, is proposing massive rate hikes. “Department of Insurance pursues reforms on how insurance companies are able to price wildfire risk. State Farm noted in a filing this past week that its “initial testing” of the reforms found they would warrant a “higher maximum” rate.”
@Hellooooooo989
@Hellooooooo989 14 күн бұрын
Per Cal Matters, “As tens of thousands of policies were canceled or not renewed, property owners scrambled to find new coverage, and many turned to the state’s insurer of last resort, the FAIR program, that offers only limited reimbursement for losses at high cost. Furthermore, because mortgage lenders require borrowers to maintain insurance coverage on their property, the insurance crisis has contributed to California’s housing crisis.”
@andyiswonderful
@andyiswonderful 15 күн бұрын
We toured some very run down properties in Clairmont. It was surprising. We ended up buying in Talmadge, which is very nice. Easy access to everything. Nice, walkable neighborhood. Nice residents. How come I never see Talmadge on your videos?
@Zhcwu
@Zhcwu 15 күн бұрын
Lived in san diego all my life and first time I read talmadge... Know the area didn't know that was what it is was called.
@DanPBestLifeSD
@DanPBestLifeSD 15 күн бұрын
Talmadge is great! I usually just lump it in when I talk about the "College Area"
@homeycheese1
@homeycheese1 13 күн бұрын
Talmadge is so far inland
@nobodylol7
@nobodylol7 15 күн бұрын
i'm planning to live in clairemont. this video is very helpful, thank you.
@DanPBestLifeSD
@DanPBestLifeSD 15 күн бұрын
You are welcome!
@casper250
@casper250 13 күн бұрын
I live in Clairemont and it's great for being centrally located. Quick access to the airport, downtown, the 5, the 52 and the 805. The bay is 3 miles, ocean is 5. The houses are hit or miss here with older untouched homes and newly remodeled. One plus or minus depending on your view of them, but most properties have room to build and ADU on.
@youtubecarspottersguide1
@youtubecarspottersguide1 13 күн бұрын
look at parking , some streets have one car garage small driveways
@casper250
@casper250 13 күн бұрын
@@youtubecarspottersguide1 that's true. Most people use their garage for storage since they are pretty small and the driveways can fit a medium SUV without blocking the curb. The mount streets seem to have more space though.
@youtubecarspottersguide1
@youtubecarspottersguide1 13 күн бұрын
@@casper250 yes larger lots like the area south of Madison cool mid century 1960s homes or on the rim of tecolote some very large lots
@rajpol369
@rajpol369 15 күн бұрын
Hey Dan, very informative video as always, but how’s Serra mesa not on the list with 108% list to sale ratio (15 days or less)
@DanPBestLifeSD
@DanPBestLifeSD 15 күн бұрын
Go back to 5:20 😜. I recommend Serra Mesa all the time, but it’s rare for someone to start their search in that area. Usually they start looking in somewhere like Clairemont, and ultimately end up in Serra Mesa
@Jukeboxster
@Jukeboxster 15 күн бұрын
it was on the list
@pylex111
@pylex111 16 күн бұрын
San Diego home prices will remain strong. No housing crash here. Everyone should stop whining and buy before the average price is $2 million
@amesasw
@amesasw 17 күн бұрын
I feel like their are only 2 types of people buying these homes. Families or people with incomes over $500k gross, which is like 1/20 households or people with lots of equity who bought homes at least 10+ years ago. But epsecially in the case of higher income people. This has to feel awful, since I have to imagine many of these people were getting homes in nicer neighborhoods and are now having to step down to more suburban neighborhoods even having uncommonly high incomes. Pretty much everyone living in our current neighborhood with young families makes under $300k a year. Which means non of us could afford a home in our area that averages 1.4 million... if this keeps up for too many years there will be a major demogrpahic shift in these neighborhoods.
@amesasw
@amesasw 17 күн бұрын
In your opinion are rental rates more contrained by income than purchase prices.
@DanPBestLifeSD
@DanPBestLifeSD 18 күн бұрын
Which San Diego neighborhood do you dream of living in? 🏡 Did you end up somewhere else, or is your favorite spot still on your list? If you’re thinking about buying a home in San Diego County and want some local advice, I’d love to help. Feel free to reach out at [email protected] or call/text 619-719-1122
@ThrowAway-f6q
@ThrowAway-f6q 23 күн бұрын
Babes, we don’t have north county money or skin color.
@johngoohde
@johngoohde 25 күн бұрын
Oceanside is the meth capital of coastal north county under the supervision of councilman Joyce and OPD narcotics the meth dealers/houses have taken over the area from Mission Ave to Wisconsin St there are open air meth markets literally on every other street. The departments and people who are supposed to keep our area safe are covering for the meth dealers/houses and have destroyed our neighborhood. OPD narcotics and councilman Joyce have abandoned the residents and it's only going to get worse think twice before you move to Oceanside those who are supposed to protect the citizens have turned their backs on us.
@raqueld.1854
@raqueld.1854 27 күн бұрын
You forgot Carmel Valley as the best neighborhood in San Diego 😊
@mikelubin148
@mikelubin148 28 күн бұрын
This is insane. Chula vista is a swamp with pollution from TJ. Why would you want to visit polluted marshlands
@NorthParkSanDiego
@NorthParkSanDiego Ай бұрын
Well done. 😉 But, quit telling people how great it is. 😆
@tomas-333
@tomas-333 Ай бұрын
i moved away after a year since i realized i was poor, and thus didn't fit in
@evolusd
@evolusd Ай бұрын
Homes are so overvalued relative to rents and income, it's ridiculous. Rates coming down will obviously help, but prices have to come back to earth to solve the affordability algebra.
@ramsrnja
@ramsrnja Ай бұрын
Lets say I want to remain an unrepresented buyer and work with an attorney or agent who will provide services as a non-agent to a customer (Idaho law), will the listing agent still be able to claim the fee for working with an unrepresented buyer?
@DanPBestLifeSD
@DanPBestLifeSD Ай бұрын
I can only say in CA if you do not have a buyers agent included on your purchase agreement, then that listing agent would receive that extra compensation for an unrepresented buyer. But every state has their own contract and they differ quite a bit.
@charlespackwood2055
@charlespackwood2055 Ай бұрын
California is beautiful. It's like Hawaii on the mainland.
@CLaFong
@CLaFong Ай бұрын
San Diego isn't Austin TX where there is flat buildable land in every direction. The most desirable land near the coast is built out. There is no place to build anymore so it will always be expensive. If you think that the houses in San Diego are a rip off then you think market capitalism in a rip off and you are a socialist and I will not stand for your anti-American commie clap trap!
@lisao6928
@lisao6928 Ай бұрын
I'm leaving. I don't want to but I got laid off, and couldn't find a job here. I'm staying in CA, though
@gmt-break
@gmt-break Ай бұрын
Planning on any videos on refinancing within the next year as rates go down?
@littlesiddha
@littlesiddha Ай бұрын
I'm thinking that, as a seller, the best part of the recent changes is that the percentage of the sale price going to the buyer's agent won't be visible in the MLS. Ironic because that's the opposite of greater transparency. When I sold my condo, I was warned that agents would not bring their clients to see my property because I offered less than the standard percentage to the buyer's agent. I'm partially blaming this for the lack of potential buyers that viewed my condo. If buyers need to sign agreements with agents beforehand, that eliminates for sellers the issue of compensation to the buyer's agent. Am I way off in my understanding of the new rules?
@DanPBestLifeSD
@DanPBestLifeSD Ай бұрын
@littlesiddha so far the most common scenario we’ve seen is sellers opting to pay a buyers agent commission, but it’s negotiated based on the terms of the offer. If you haven’t watched the video I break it all down for you
@DanPBestLifeSD
@DanPBestLifeSD Ай бұрын
What do you think, is a realtor worth it when buying a home now? If you’re still searching for the guidance from someone you can trust, reach out anytime at [email protected] or call/text 619-719-1122.
@uuuxxx1708
@uuuxxx1708 Ай бұрын
buyers should always pay their agent out of their own pocket. They don't really need to buyer's agent to begin with.
@hammertime6148
@hammertime6148 Ай бұрын
That’s easy La Jolla and if you want to live inland Poway.
@WillProwse
@WillProwse Ай бұрын
I'm so glad I sold my beach house in San Diego. Low quality, bad traffic, weather wasn't even that nice, such a waste of so much money. So glad I sold it
@drewraclin8590
@drewraclin8590 26 күн бұрын
Horseshit
@harendabar
@harendabar Ай бұрын
Nonsense. I have seen standing traffic to san diego at old nuke plant. About 18 miles to oceanside.
@vuaeco
@vuaeco Ай бұрын
Is everyone leaving San Diego? I can't wait for the day I drive down the 805 freeway at 5PM all by myself doing donuts all over the freeway.
@albertopena80
@albertopena80 Ай бұрын
Thank you for talking about Citro. It’s were I got my first home. Hopefully the the last single family new construction builds in San Diego County.