It has been a while since we have had a foreclosure come on the market in 4S Ranch. This particular home was a bank owned foreclosure in 2008 and was purchased for $786,000 December 2008. This property is now a HUD owned home. The home is located in the Providence subdivision in the south section of 4S Ranch. There are 2 homes pending right now in the same subdivision in the high $800,000. This home is listed in the low $700,000′s. Take a quick 90 second video tour of the home.
My overall thoughts are 4S Ranch is a great community and this is a good floor plan. The home is located on the corner of Fox Valley and Camino San Bernardo so it has some traffic noise. You will need to do some work to the home. Remember, this is a foreclosure, so you will not get the normal disclosures. It is very important to get the home fully inspected. As long as the property inspector doesn’t find anything major and bidding doesn’t get to high this could be a great deal.
Lots of construction happening in Del Sur. The picture above is a map of Del Sur. The billboard is located at the current end of Paseo Del Sur and Babcock Street. If you haven’t been in the area in a while Babcock St. now goes through to Camino Del Sur. This is a big improvement. Before you had to wiggle through the neighborhood. Any day now I expect all 4 lanes of Camino Del Sur to finally be opened. Looking a the map there is still a lot to be built in Del Sur, San Diego. All the area above the “you are here” sign is under construction. All the reddish brown color is future residential.
Real estate market update for 4S Ranch, Del Sur, Santaluz and the Crosby. Overview of the 92127 zip code of Inventory of Homes for Sale. Inventory is increasing in the 92127 zip code. In some cases Buyers are snapping up homes as soon as they come on the market. This is especially true in 4S [...]
This week I got a video bill from the phone company. I had made some changes to my account and they explained in detail my new charges. I guess it is a sign of the times. So I have decided to give video a try. Yesterday I toured homes in the Rancho Bernardo area. The [...]
Here is a quick little update before you head out home shopping this weekend. 4S Ranch – Mission Ranch the Estates: has the plan 2 model, home for sale for $1,550,000 . This home is highly upgraded. Del Sur – Valencia: is having a new release of 8 homes on Saturday March 23rd Maricel at [...]
Do you get the feeling that the real estate market in San Diego is moving too fast? I sure do. Have you been out touring homes lately? At times it’s a regular traffic jam at new listings. Here’s what happens: a new listing shows up on the multiple listing service on Thursday or Friday. The [...]
Here is a snapshot of the detached 4S Ranch homes for sale inventory from June 2009 to March 2013. The red line represents the number of homes sold in 4S Ranch. In viewing the chart you can see that home sales in 4S Ranch jumped in June 2012 through December 2012. From June 2009 to [...]
Distressed homes have played a large part in the real estate market in the 92127 zip code. About 16% of the market is distressed. Values were held down by the large number of short sales and foreclosures. Especially hard hit was 4S Ranch as so many sales had occurred at the peak of the market. [...]
Poway, CA Real Estate Market Update ~ February 2013 From the chart above you can see that the number of new listings in Poway, CA has increased. Currently, Poway has 81 detached homes available for sale. Home prices range from $310,000 to $20,000,000. The average listing price is $1,800,000. In the last 90 days, 103 [...]