The Lund Team Real Estate Blog

We at The Lund Team, Inc have been involved with selling Aviara since its inception.  And even as the Four Seasons sat uncompleted and the area was mostly unbuilt, we pushed a constant stream of positive arguments for the value of the area.   Sandy and Carlton purchased in Mar Fiore in 1995.  And this years sales numbers show that the value of Aviara has [...]

Looking for a gated, newer, walk to the beach location in Carlsbad, California… think Water’s End?
Built by John Laing Homes (known for quality product)  in 2003. this is a neighborhood to keep on your 2010 radar.
Market update:
2009 – average sales price for last 6 months Dec – July = $710,000 at $302 per sq. ft.
2005 – [...]

Looking to live by the beach, west of I-5, no homeowner or Mello Roos fees?   Want to live in an area where all the homes don’t look identical?   You will like South “O” or South Oceanside; located adjacent to Carlsbad along the Buena Vista Lagoon, south of Oceanside Blvd all the way to the Pacific [...]

This is a market changing turn for San Diego short sales and even short-sales nationwide.  This gives homeowners and their agents not room for error when going for short sale approval.       
Today’s Morning Email from our Short-Sale Specialist:  Note – the homes lost to auction were not Lund Team clients.
——————
Date: Sun, Dec 20, 2009 at 9:12 PM
Subject: 911-Regarding Sale Dates
Hi Team,
 
I [...]

If you are a buyer writing offers on short sales, be prepared. A short sale is not a foreclosure, but it is a “distressed sale” with a distressed seller.  In order to start the short sale process, the seller must write a hardship letter to the bank explaining how their situation has changed since they [...]

What’s the deal here…
Buyer: So I’m seeing a new home (detached and attached) which would qualify condition wise, complex approved for FHA sales and so on. Why is the listing agent saying no FHA offers for at least 90 days?
Check out the Housing and Urban Development site for all the details.
But basically it’s likely a [...]

Upcoming REO/Bank Owned property in Pacific Beach. Large townhome walking distance to the heart of Pacific Beach. Great location, quiet street, parking, bedroom/bathroom on 1st level and so on.
We’re planning cash for keys in the next week or so which gives us a couple weeks after that before list price.
Built in 1987, 3 bedroom, 3 [...]

The once dominant pricing strategy of San Diego was used less in 2009.  Only 12% of over 32,000 homes sold in the county used a Value Range.  Value range pricing is when a home is sold with a high and a low price.  For example: “Seller will entertain offers between $500,000 and $525,000”.
The idea is [...]

No, some even good values slip past the initial MLS/Consumer radar.
Example: 711 Greyfield Court, Fallbrook 92028 – MLS 090066549
Bank Owned. Listed over 2 weeks ago below all other comps in area. Premium location at end of cul-de-sac, very clean interior, 16,000+ sq. ft. lot. Built in 2001. Almost 2,700 sq. ft. Gated community of Peppertree [...]

Prices are starting to increase in Mystic Point! This is due to the attractive price-point and recent drop in inventory levels. There is currently nothing for sale in the neighborhood. I participated in three different transactions in Mystic Point over the last year. The first, a Plan One on Peninsula, was a bank-owned foreclosure. The [...]