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 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 , , , , , , ,

A Fluke And a Bounce

The economic picture brightened considerably last week with the release of the June Employment Situation by the Bureau of Labor Statistics. The news that 287,000 jobs had been created that month placed the previous report for May in the category of a fluke, albeit a big one. That only 38,000 jobs had been created was more than disquieting; playing a big role in the Federal Reserve's decision to forego a rate increase at its June meeting. The May report was downgraded even further last week, to 11,000, but the focus was all on the big June bounce.

How low can rates go? Even if they have reached rock bottom–most experts are hedging their bets–Freddie Mac is guessing they won't exactly zoom back up. The company's economists, weighing in with estimates of the impact of the UK exit from the European Union, have knocked down projections for average 2016 and 2017 30-year mortgage rates by 30 and 50 basis points respectively to 3.6% and 4.0%. 

These low rates are expected to continue breathing life into refinancing. Freddie Mac has raised its forecast for that share of mortgage originations by 8 percentage points this year, to an average of 49%, a $100 billion increase in volume. So far they seem on point; the Mortgage Bankers Association reported that refinancing increased by 11% last week despite the holiday shortened workweek and on top of a 21% gain the week before.

Many of those currently refinancing may have previously been locked into their existing loans by a lack of equity. It wasn't that long ago–the end of 2010 to be precise–when nearly 29% of mortgages in the U.S. were "underwater;" 15.2 million homeowners who owed more than their homes were worth. Black Knight Financial Services reported in its current Mortgage Monitor that a 2% increase in home prices in the first quarter of this year has lifted another 425,000 of those borrowers into positive territory, reducing the negative total to 2.8 million borrowers or 5.6% of those with a mortgage. 

The company estimates that U.S. homeowners now have $4.4 trillion in "tappable" equity, an average of $116,000 per borrower. That is cash that could be pulled out through refinancing or a home equity loan or used toward purchase of a more expensive home.

Still, Black Knight notes that the number of underwater homeowners remains more than five times the 750,000 pre-crisis average. At the current rate of improvement that normal level should be reached in late 2018. 

The existing home sales report next week should hint at whether low rates are translating into purchasing as well as refinancing. Stay tuned.

Greg Timms Blog | July 15 2016

Posted on July 15, 2016 at 4:00 pm
Greg Timms | Category: Economical Updates | Tagged , , , , ,

LISTED AND SOLD IN 1 DAY! 13816 Paseo Cevera, San Diego 92129

Just listed and sold this great  home in San Diego!

Greg Timms Blog | Paseo Cevera

Enjoy the panoramic westerly view toward ocean, watch hot air balloons, from your private backyard with large covered patio.

Home is light and bright with flowing floorplan. Kitchen overlooking the backyard, opens to family room with fireplace. Tile floors in kitchen, entry, and family room. Large master bedroom with walk-in closet, dressing area with large vanity and double sinks. Oversized shower. Walking distance to Mt. Carmel High School, shopping, parks, and library.

Listed at: $629,900

I can get the same results for you too! If you are considering buying or selling, now is the time. Please call me today. 

Posted on July 11, 2016 at 6:16 pm
Greg Timms | Category: Real Estate News | 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 , , , , , ,

JUST CLOSED! 1060 Sunset Heights Escondido, CA 92026

Sunset Heights | Greg Timms Blog

Just closed escorw on this gorgeous house located in a quiet and well maintained neighborhood.

Sunset Heights | Greg Timms Blog

Sunset Heights | Greg Timms Blog

Sunset Heights | Greg Timms Blog

Sunset Heights | Greg Timms Blog

Sunset Heights | Greg Timms Blog

Sunset Heights | Greg Timms Blog

The eat-in kitchen has gas range, lots of storage, and opens into the family room, which includes a fireplace.

Sunset Heights | Greg Timms Blog

Sunset Heights | Greg Timms Blog

Sunset Heights | Greg Timms Blog

Sunset Heights | Greg Timms Blog

Mountain views from living room. Multiple patios for outdoor entertaining.

Sunset Heights | Greg Timms Blog

Extra large 3 car garage with workbench. This house has been well maintained by the original owner. No Mello Roos or HOA fees.

If you or someone you know is interested in finding a home similar to this one, or is considering selling,  I can help! Please call me today. I am happy to discuss the current real estate market and how one could benefit from it. 

Posted on June 28, 2016 at 11:10 pm
Greg Timms | Category: Real Estate News | Tagged , , , , , ,

Twin Peaks

It was a busy week for housing news and it covered the gamut; positive, negative, and fair-to-middling. 

The National Association of Realtors (NAR) said existing home sales reached not one but two new peaks in May; the fastest rate of sales since before the crash and the highest median price ever. Sales of all types of existing units were up 1.8% from April to an annual rate of 5.53 million units, 4.5% higher than a year earlier. It was the fastest clip since sales posted an annual rate of 5.79 million in February 2007.

NAR said this rising demand along with lagging inventory pushed existing home prices up 4.7% to a median of $239,700, a 51st straight month of annual gains. The May median was the highest on record, surpassing the previous peak of $236,300 set last June.

The report also noted that distressed properties have dropped to a near inconsequential share of sales. Five percent of May sales were of owned real estate while short sales were down to 1%. A far cry from 2009 and 2010 when short sales sometimes constituted a third of the market.

New home sales weren't nearly so upbeat. The May number wasn't all that bad; analysts had anticipated a 9.6% retreat from the huge surge in sales the previous month and the May sales fell by only 6%. The kicker however was that a chunk of the reported 16.6% April increase evaporated as sales were revised down from 619,000 to 586,000. May sales were at a seasonally adjusted annual rate of 551,000, up 8.7% from May 2015.

The fair-to-middling part was the residential sales report. Both building permits and housing starts moved less than 1% from their April levels; permits went up and starts were down, however they diverged significantly in their year-over-year performance. Residential construction starts were 10.1% above those a year earlier while permitting lagged 9.5% behind.

As we go to press, voters in the UK are deciding whether their country will remain in the European Union. The so-called Brexit election has roiled markets all week and opinions vary on how the U.S. might be affected. When it comes to housing, a vote to leave is expected to spur investment in U.S. securities, driving interest rates down. But foreign money might also pour into real estate, increasing competition and home prices. 

National Association of Realtors' Chief Economist Lawrence Yun said real estate in New York, Washington, Miami, Los Angeles and San Francisco are most likely to benefit from foreign buying, also possibly the Tampa Bay area in Florida, Chicago and Dallas.

At midday Thursday, the stock market was up strongly in what appeared to be a conviction that Brexit would fail at the polls.

Greg Timms Blog

Posted on June 24, 2016 at 4:15 pm
Greg Timms | Category: Economical Updates | Tagged , , , , , ,

JUST CLOSED! | 13352 Birch Tree Ln., Poway 92064

Michael Anthony Blog | BirchTree Lane

Just represented the buyer of this beautifully maintained, quiet, and very private end unit in desirable Country View. Complete with a private yard with a brick patio and drought-tolerant landscaping.

Michael Anthony Blog | BirchTree Lane

Michael Anthony Blog | BirchTree Lane Michael Anthony Blog | BirchTree Lane Michael Anthony Blog | BirchTree Lane

Kitchen has been converted to gas stove.

Michael Anthony Blog | BirchTree Lane

Beautiful custom closet organizers for the bedrooms, custom master bath vanity complete this lovely home.

Michael Anthony Blog | BirchTree Lane Michael Anthony Blog | BirchTree Lane Michael Anthony Blog | BirchTree Lane

Michael Anthony Blog | BirchTree Lane

Community offers large, open grounds and sparkling pool/spa that is heated and fully fenced for child safety. Central Poway location and excellent schools, this is a great family home.

Posted on June 14, 2016 at 9:18 pm
Greg Timms | Category: Real Estate Activity | Tagged , , , , , , ,