JUST LISTED! 14302 Sandhill, Poway 92064

You’ll love the private, gated courtyard entry into this Gorgeous single level home. Immaculate and meticulously maintained inside & out.

Awesome solar pool & spa with cascading water flowing into the pool.

Enjoy entertainer patio areas, large living room & family room with dual faced fireplace and built-in cabinets.

Open kitchen with granite counter tops, large center island plus breakfast area. Formal dining room.

The master suite is 20 X 16 with fireplace & walk in closets.

 

Walk to Poway High School & Lake Poway. No Mello Roos

Currently offered at $1,225,000

Please call me today if you or someone you know is interested in seeing the home.

Posted on April 28, 2017 at 9:29 pm
Greg Timms | Category: Real Estate Activity | Tagged , , , , ,

Banner Week

As weeks go, one could probably call this a banner one. Three home price indices showed home prices continuing to accelerate and two of three reports on home sales were positive (even the third wasn’t that bad). Heck, even inventories increased a bit.
New home sales appear to have finally broken free of their persistent see-saw pattern and have now risen convincingly for three straight months. Sales in March increased by 5.8% from February and were up 15.6% compared to the previous March. The bump brought the annual rate of sales to 621,000 units, nearly tying the 622,000 unit pace set in July as the highest since the housing crash. It was also the first time since then that sales exceeded 600,000.
Highest Pace in Over 10 Years
Existing home sales started 2017 with a 3.23% gain only to fall back by more than that in February. Now sales are back in the black for the year with a 4.4% jump in March. The month’s seasonally adjusted annual rate of 5.71 million sales was the highest rate since February 2007 and puts sales 5.9% above those in March 2016.
Pending home sales were down 0.8%, but the National Association of Realtors (NAR) said it was still the third best month for purchase contracts in a year. Analysts had expected the pull-back after a 5.5% increase in February and given the way sales have yo-yo’d month to month.
Price Appreciation Continues to Rise
Just as CoreLogic did earlier in the month, Black Knight Financial Services, S&P Case-Shiller, and the Federal Housing Finance Agency (FHFA) all posted annual increases in their respective February price indices that were larger than those in January. The year-over-year appreciation ranged from 5.7% (Black Knight) to 6.4% in Case-Shiller’s National Index. The latter was 0.7% higher than Case-Shiller’s January number.
Higher prices are, of course, terrific news if you already own a house, but maybe this news is hopeful for prospective buyers as well. Increasing equity may allow, or incentivize some homeowners to sell. There is already a little movement; the inventory of existing homes increased 5.8% to 1.83 million in March, although that is still far below last year’s already tight supply. The number of new homes available for sale gained, by slightly more than 1%. Rising sales however, will put those inventories under increased pressure.

Fannie Mae announced some changes to underwriting to help those with student loan burdens more easily qualify for a mortgage. There are options for both buyers and refinancers, so check in and see how they might apply to your situation.

Posted on April 28, 2017 at 5:53 pm
Greg Timms | Category: Economical Updates, Real Estate Activity | Tagged , , , , ,

JUST SOLD! 18724 Caminito Pasadero, San Diego 92128

160057063

Greg Timms Blog | 8724 Caminito Pasadero

Just Sold this gorgeous 3 bedroom model with loft office/study. Ideal location with privacy & garden views.

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Open kitchen with granite counter center island off family room with fireplace & lots of kitchen cabinets. Spacious living room with dining adjacent to it.

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Spacious master suite with walk-in closet, dual vanity & views.

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Sought after gated community with multi-million dollar clubhouse with 2 pools, BBQ area, lighted tennis courts, exercise room, banquet room and more! No Mello Roos. Poway School District.

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

I can get the same results for you! If you are having thoughts of buying or selling (sell early in 2017) then call me now!

Posted on January 23, 2017 at 6:07 pm
Greg Timms | Category: Real Estate Activity, Real Estate News | Tagged , , , , , ,

SOLD IN 7 DAYS! 8228 Station Village Ln 1512, San Diego 92108

Greg Timms Blog | 8228 Station Village Ln 1512

Gorgeous 3rd floor corner unit with views. Freshly painted interior including baseboards & crown molding. New upgraded carpeting throughout. Private patio balcony off living room.

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Stainless steel appliances, breakfast nook, granite counters throughout kitchen & plenty of cabinets. Interior laundry room & open living room.

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Spacious master bedroom & 2nd bedroom. Two full baths with tubs.

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

One car garage at entry level & parking space close by. Close to pool & BBQ area.

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Sold for all Cash at $410,000!

I can get the same results for you! If you are interested in seeing this home, please contact me today!

Posted on December 16, 2016 at 9:58 pm
Greg Timms | Category: Real Estate Activity, Real Estate News | Tagged , , , , , , ,

JUST LISTED! 8228 Station Village Ln 1512, San Diego 92108

Greg Timms Blog | 8228 Station Village Ln 1512

Gorgeous 3rd floor corner unit with views. Freshly painted interior including baseboards & crown molding. New upgraded carpeting throughout. Private patio balcony off living room.

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Stainless steel appliances, breakfast nook, granite counters throughout kitchen & plenty of cabinets. Interior laundry room & open living room.

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Spacious master bedroom & 2nd bedroom. Two full baths with tubs.

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

One car garage at entry level & parking space close by. Close to pool & BBQ area.

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Greg Timms Blog | 8228 Station Village Ln 1512

Currently offered at $420,000.

If you are interested in seeing this home, please contact me today!

Posted on November 22, 2016 at 12:44 am
Greg Timms | Category: Real Estate Activity | Tagged , , , , , ,

JUST LISTED! 18724 Caminito Pasadero, San Diego 92128

160057063

Greg Timms Blog | 8724 Caminito Pasadero

Just Listed this gorgeous 3 bedroom model with loft office/study. Ideal location with privacy & garden views.

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Open kitchen with granite counter center island off family room with fireplace & lots of kitchen cabinets. Spacious living room with dining adjacent to it.

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Spacious master suite with walk in closet, dual vanity & views.

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Sought after gated community with multi-million dollar club house with 2 pools, BBQ area, lighted tennis courts, exercise room, banquet room and more! No Mello Roos. Poway School District.

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Greg Timms Blog | 8724 Caminito Pasadero

Currently offered at $559,000 – $579,000

If you or someone you  know is interested in seeing this home, call me today to schedule a private showing appointment! Homes is this area are selling quick and this one will too!

Posted on October 24, 2016 at 7:45 pm
Greg Timms | Category: Real Estate Activity | Tagged , , , , ,

Perhaps They’re Back

Existing home sales rebounded after a two-month slump but the National Association of Realtors was even more excited by a second stat–the share of first-time homebuyers rose 3 percentage points to 34%, the highest since July 2012.
NAR Chief Economist Lawrence Yun said, “The market fundamentals–primarily consistent job gains and affordable mortgage rates–are there for the steady rise in first-timers needed to finally reverse the decline in the homeownership rate.”
Existing home sales rose 3.2% in September to a seasonally adjusted rate of 5.47 million units and are now running 0.6% ahead of sales a year earlier. Increases were posted in all four regions.
It wasn’t all good news; the August existing sales numbers, already lagging July, were revised down from a rate of 5.33 million to 5.30 million.
Fannie Mae’s October Economic Developments Commentary calls residential construction “lackluster”. The company’s economists were basing that opinion on the Census Bureau’s report on public and private construction spending issued a few weeks ago, but this week’s residential construction data from September does little to dispel the image.
For quite some time the two key residential construction indicators (housing permits and housing starts) have been taking turns; one rising from the previous month while the other falls behind. With increasing frequency, one or the other also lags year-earlier levels.
This month it was permits that performed well, gaining 6.3% to a seasonally adjusted annual rate of 1.225 million units and outpacing analysts’ predictions. It was the second highest rate in the last 12 months (in November 2015 it hit 1.286 million units) but it is still only 8.5% higher than in September 2015.
Single-family permits did not fare as well, up 0.4% for the month and 4.4% for the year; the action was all in the multi-family sector.
Housing starts fell a significant 9.0% from August and dropped 11.9% lower than starts a year earlier although single-family starts did much better with an 8.1% month-over-month increase.
Fannie Mae’s Commentary had nuggets of good news both for and about younger homebuyers. Owner household growth grew faster than rental household growth in 2015 for the first time in nine years and the homeownership rate for persons under 35 has finally stabilized after declining “substantially and relentlessly” since 2009. Now builders are apparently starting to acknowledge these trends and have been increasingly focusing on entry-level buyers. The size of a typical home, which increased sharply at the end of the recession, stabilized in 2014 and 2015 and began to decline in the second quarter of this year. Smaller, of course, usually means less expensive when it comes to homebuilding.
Greg Timms Blog | FreddieMac 102116
Posted on October 22, 2016 at 12:11 am
Greg Timms | Category: Economical Updates, Real Estate Activity | Tagged , , , ,

JUST SOLD | 3275 Camino Vallareal, Escondido 92029

Greg Timms Blog | 3275 CAMINO VALLAREAL

Just Sold by Exquisite Homes and Estate! FABULOUS TROPICAL PARADISE with GREAT PANORAMIC VIEWS!! A 1 story showcase with quality appointments & attention to every detail.

Greg Timms Blog | 3275 CAMINO VALLAREAL

Greg Timms Blog | 3275 CAMINO VALLAREAL

Greg Timms Blog | 3275 CAMINO VALLAREAL

Greg Timms Blog | 3275 CAMINO VALLAREAL

Greg Timms Blog | 3275 CAMINO VALLAREAL

Terrific Large Gourmet Island Kitchen with Striking Granite; Gorgeous Tiger/Mahogany Floors; 5″ Baseboards;Custom Fireplace Doors;8′ Solid Wood Doors;Surround Sound Speakers Interior & Exterior.

Greg Timms Blog | 3275 CAMINO VALLAREAL

Greg Timms Blog | 3275 CAMINO VALLAREAL

Greg Timms Blog | 3275 CAMINO VALLAREAL

Greg Timms Blog | 3275 CAMINO VALLAREAL

Greg Timms Blog | 3275 CAMINO VALLAREAL

Greg Timms Blog | 3275 CAMINO VALLAREAL

Greg Timms Blog | 3275 CAMINO VALLAREAL

Fourth bedroom has been converted to office with beautiful built-ins.

Greg Timms Blog | 3275 CAMINO VALLAREAL

Beach Entry Pool/Spa, BBQ Island, Covered Patio Area with it’s own Fireplace!

Greg Timms Blog | 3275 CAMINO VALLAREAL

Greg Timms Blog | 3275 CAMINO VALLAREAL

Greg Timms Blog | 3275 CAMINO VALLAREAL

Greg Timms Blog | 3275 CAMINO VALLAREAL

Greg Timms Blog | 3275 CAMINO VALLAREAL

Greg Timms Blog | 3275 CAMINO VALLAREAL

Greg Timms Blog | 3275 CAMINO VALLAREAL

Greg Timms Blog | 3275 CAMINO VALLAREAL

Sold for: $935,000

Greg Timms can help you find your dream home too! If you are considering buying, selling or investing call Greg today.

Posted on September 13, 2016 at 6:30 pm
Greg Timms | Category: Real Estate Activity | Tagged , , , , , , ,

JUST LISTED AND SOLD! 15462 Avenida Rorras, San diego 92128

SOLD BEFORE ENTERED INTO THE MLS!

Greg Timms Blog | AVENIDA RORRAS

Gorgeous single level home with numerous upgrades. Remodeled kitchen with all new appliances. New windows. Upgraded bathrooms. Newer AC. Covered patio overlooking the Bernardo Heights golf course.

I can get the same results for you! If you are considering buying or selling, please call me today.  

Posted on July 11, 2016 at 5:33 pm
Greg Timms | Category: Real Estate Activity | Tagged , , , , , , , ,

JUST CLOSED! 2119 Rancho Verde Escondido, CA 92025

I've just represented the buyer who purchased this beautiful ranch style hilltop home with views!

Greg Timms Blog | Rancho Verde

Large kitchen with travertine tile, coriander counters, breakfast area and plenty of storage. Oversized 20×15 dining room is perfect for entertaining with pergola flooring and track lighting. 2-way fireplace between the dining and family room. Ceiling fans in the living room, breakfast area and all three bedrooms.

Greg Timms Blog | Rancho Verde

Greg Timms Blog | Rancho Verde

Greg Timms Blog | Rancho Verde

Greg Timms Blog | Rancho Verde

Greg Timms Blog | Rancho Verde

Greg Timms Blog | Rancho Verde

Greg Timms Blog | Rancho Verde

Greg Timms Blog | Rancho Verde

Greg Timms Blog | Rancho Verde

Huge private yard with strolling paths, fruit trees and 6 large garden boxes.

Greg Timms Blog | Rancho Verde

Greg Timms Blog | Rancho Verde

I can help you find the home of your dreams, too! If you or someone who know is looking for a similiar home, I welcome the opportunity to help. Please call me today to discuss the current real estate market and see how you can benefit from it at this time. 

Posted on June 29, 2016 at 10:02 pm
Greg Timms | Category: Real Estate Activity | Tagged , , , , , ,