Broker Mike Evans believes that the new independent status will allow the company to spend all of its marketing dollars locally and be able to provide an even stronger local presence in the area. Sea Coast Exclusive Properties will continue to upgrade its website, www.sdseacoast.com, and will expand its print advertising to include weekly ads in the The Coast News, and weekend advertising in the San Diego Union Tribune.

Marilyn Dashe, realtor with the company for the past 6 years, is excited about the change and the chance to develop and grow the company. The potential for growth into new areas is great.

If you are thinking about buying or selling property in Cardiff, Encinitas, Carlsbad, or Vista, call Sea Coast Exclusive Properties. Their motto is: “Relax…We’ll Handle the Details.” And it works!

Lately, the inventory has been tightening as more homes have been selling. Since this is a buyer’s market, prices are still not moving upward even though inventory is being consumed. However, as the trend continues for more demand and less supply, the market may move to becoming a seller’s market, and prices will then begin to move up.

The average days on the market in Encinitas has increased to 149 (5 months). 41% of the properties on the market have had a price decrease this week. Sellers seem to be pushing to get an offer on their homes as fall begins.

Now continues to be a good time for buyers to make offers on houses currently on the market. Sellers are motivated to sell and will look seriously at all feasible offers.

The idea is to provide housing which allows people to work, sometimes in the same building, and to shop and provide for their needs, without resorting to the constant use of a car. This encourages the development of communities which can be explored on foot.

Two such developments are under construction–MarketWalk in the San Elijo Hills area of  San Marcos and Pacific Station in Encinitas. Pacific Station is built near the Encinitas Coaster Station, encouraging auto-free commuting. Mixed-use development has previously been rare in suburban communities.
The hope is that such a development pattern will allow for greater affordability in high cost North County.

Prices in the Cardiff real estate market have been non a downward trend lately, and this first week of August, while prices have been essentially flat, does not change that cycle. This can be very good news for buyers who want to buy real estate in Cardiff with its great walkability, shopping, restaturants, and great schools, but not good news for sellers who want to sell their Cardiff homes.

Local conditions in Cardiff real estate are very strong for buyers. With several months of inventory available at the current sales rate, buyers should find a good supply of homes to choose from in their price range. The 90-Day Market Index is at 14. If the Index is above 30, it favors the Seller, and if it is below 30, it favors the Buyer.

August continues to be a great time to buy real estate in Cardiff. Before the kids go back to school, sellers want to get their homes into escrow, and buyers should be ready to make a move.

The median list price for a home in Cardiff is $1,119,000. This number reflects many high-end homes in Cardiff’s Walking District and Cardiff’s Composer District.

The total inventory of active properties for sale in Cardiff is 53, and the average single-family home size is 2353 sq. ft. The average days on the market of these homes is 129, Again, this reflects the number of high-end homes now on the market in Cardiff, and they are taking longer to sell. There have been two new listings in Cardiff in the past seven days.

If you are a home buyer in Cardiff, please take a look at the single-family homes available. The Cardiff elementary schools are rated very high, and Cardiff offers great neighborhoods for families. Also, you can walk everywhere in Cardiff — to the post office, library, Cardiff Seaside Market, the gym at Cardiffit, Starbucks, Harlan Jewelers, and two new restaurants in the Cardiff Town Center, Zenbu and Rimel’s Rotisserie. And if you cross Highway 101 in Cardiff, you are in the State Campground and have easy access to the Cardiff State Beach.

Any single family residence in Cardiff, Encinitas, Carlsbad, Oceanside, or Vista (including condos, townhomes, or mobile homes) qualifies if the home buyer will use it as a principal residence. First-time home buyers may qulify for this tax credit even if they own a vacation home or rental property, as long as those properties were not their primary residence for at least three years preceding the purchase of their new home.

This tax credit reduces income tax liability for the year that the first-time buyer purchases a property in Cardiff, Encinitas, Carlsbad, Oceanside, or Vista. Any unused amount of tax credit is refunded to the first-time home buyer when they file their tax return.

For the purpose of this tax credit, a first-time homebuyer is defined as a purchaser (and purchaser’s spouse) who has not owned a primary residence in the three-year period ending on the date of purchasing this home. As a first-time home buyer, you don’t want to miss out on this opportunity to purchase a home in Cardiff, Encinitas, Carlsbad, Oceanside, or Vista before the end of 2009.