San Diego Real Estate Video Blog with Max Folkers

Don’t Miss Our Housing Happy Hour at Bay Park

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We’re excited to announce that we will now be hosting educational events around San Diego on the second Wednesday of every month. Our first one will take place on Wednesday, May 11 at Poseidon Project in Bay Park, just off of Napier Street, from 5:00 pm to 7:00 pm.

At each happy hour, we will discuss the real estate market and different trends that are affecting how we conduct business. We might speak about lending, marketing, or how to manage your office more effectively.

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Our first event will be taking place on Wednesday, May 11 at Poseidon Project in Bay Park.

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We will also have set topics for each month. This month we will talk about first time home buyers. We’ll go through the entire process and also speak about what market is like for new home buyers right now.

Our second meeting in June will be held at Luce in Bay Park. The first twenty people there will receive a free drink!

We hope to see everyone there!

Where Is the San Diego Market Heading?

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We’re really excited to finally be operating out of our new office in the heart of Bay Park at 4112 Napier Street! If you find yourself out at Fish Co. or Luce, don’t hesitate to swing by and say hello! We would love to see you!

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The market as a whole in 2015 finished with the market up about 6.5%

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Now, for how the market is doing. The market as a whole in 2015 finished with the market up about 6.5%. The forecast for 2016 is that we’ll continue to see appreciation in our market, but it will probably be half of what it was last year.

Our market is off to a great start in 2016. We’ve seen a huge jump in the number of transactions in the last six to eight weeks. Inventory is less that 6,000 in San Diego County and buyers are really getting out there and taking advantage of interest rates, which have dipped yet again.

Right now is a fantastic time to sell because competition is quite low, and it’s only a matter of time before the spring selling season changes that. If you’re on the buying side, it might be difficult to get into the house that you’re looking for, but it will likely be relatively inexpensive with the cost of money as low as it currently is.

What Are the Hottest Neighborhoods in San Diego?

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I recently had the privilege of joining Sean Cahan, Derrick Evens, and Rebecca Peters on Smarter San Diego. They are a local program and they focus on old-school, unbiased journalism. I was asked to come on and talk about the Redevelopment of Bay Park and to see what it means for homeowners in the area.

Bay Park is only now starting to get attention from home buyers. It’s been around for quite some time, and demand is beginning to grow quite steadily. On average, homes in the area are 1,300 sq. ft. and they will start off in mid $600k range. Sean Cahan, of Cornerstone Mortgage, says that jumbo loans are looking great right now if you need help financing one of these fabulous homes.

Despite the homes being older and smaller, the neighborhood is much more economically viable for most first-time homeowners. You can find similar homes in La Jolla, but they are going to cost you an extra $200k. You could find a home in Bay Park that is similar in style and size, and that will have a view, and it’s going to cost much less. This is why Bay Park is getting so much buzz right now.

In fact, Sean Cahan and I frequently team up to flip homes, and we just sold one of these in Bay Park. However, we now have our eyes on the Sherman Heights area for more investment opportunities. Another area that I like is Imperial Beach, because some of the real estate you can find is amazing for it being only 12 blocks from the ocean.

North County in San Diego is something that we aren’t quite sure about. Prices seem to be inching up a little too high, so we would recommend waiting and thinking before purchasing or investing in a property around there.

Thanks for tuning in again, I just thought you’d like to see me in action on Smarter San Diego. Let me know if you have any more questions about investing in San Diego real estate!

Why work with Max Folkers?

There are a lot of great Realtors here in San Diego, but we think we are the perfect choice for your real estate needs. Over the last 10 years, I have had the opportunity to apply the integrity, attention to detail, and work ethic that served me well as a Navy pilot, to helping hundreds of families buy or sell a home of their own in San Diego.

My team and I pride ourselves on using cutting edge technology combined with the latest and greatest marketing information to give you, our clients, access to the most up-to-date information out there. I love what I do, and I love helping families achieve their goals with the greatest asset in their lives, their homes.

Max Folkers Real Estate Team
RE/MAX Pacific
CA BRE # 01466910
619-977-8364
team@maxfolkers.com

2 locations to better serve your San Diego needs:
4112 Napier St.
San Diego, CA 92110

1545 Hotel Circle South, Ste 145
San Diego, CA 92108

Max Folkers Testimonials

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testimonials from happy clients

Gary - "I was going to co-own a property but I was a little nervous about making the down payment because that was much more than I had in fluid cash. I told Max that I had a condo in North Park and he told me that it would sell in 10 days and he sold it in a weekend. It was just his knowledge of the market and patience that helped everything go along. He steered us in the right direction and looked out for our interests even though we didn’t realized that’s what he was doing."

Loydene - "My original plan was to list my house in April, sell it in June, and move in July. What actually happened was that we sold it immediately and had to move sooner than expected, which was a good thing! Before Max even listed it, he had gone out and scouted some people that he thought might be interested in buying it. I’ve sold several houses in my life and this transaction definitely went the smoothest. I truly felt I could call him at all hours and he was very responsive to me."

What our happy San Diego clients have to say

"Max is a top-notch agent. You cannot go wrong working with him to sell or buy a home. He has an outstanding marketing campaign that works to sell homes quickly, and has very good negotiating skills that deliver. The best quality about Max is that he truly cares about his clients. He's easy to work with and other agents really enjoy working with him, too. Max makes the escow process smooth. I would definitely recommend Max to my family and friends."

"Before choosing Max as my listing agent, I interviewed several agents. Max was prompt to the initial interview, honest, not pushy, and seemed relaxed and willing to provide his knowledge about the current real esate market. After choosing Max as my listing agent, he was quick to have a person over at my place to help stage my home, had a professional photographer take great pictures, and had my home on the MLS expeditiously. During the offer process, Max offered his advice but always let me make the final decision without making me feel awkward. He is tech savvy and I was able to complete most of the transaction electronically. He has a full-time assistant who is prompt and willing to help when need be. The escrow process was very smooth and Max kept in close communication throughout the entire process. At the end, Max was able to take my property from initial listing to complete sale within two months! Thanks Max for helping make the sale of my home a smooth process!"

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Don’t Miss Our Housing Happy Hour at Bay Park

Where Is the San Diego Market Heading?

What Are the Hottest Neighborhoods in San Diego?