Many people my business partner and I speak with ask…Who Pays These Outrageously High Rents? The Answer: People earning at least $150,000 per year. They are the fastest-growing group of renters! Between 2007 and 2017: The top-earners who choose to rent increased by 175%… The top-earners who choose to buy their home increased by only… Read more
My Most Asked Question in 2019: How is the Real Estate Market in San Diego? I’ll answer that in a second, but for now take a look at the below stats for January 2019! Jan 2019 Median Sales Price For Detached Homes(aka Houses!) = $630,000 (up 3.3% for 2018) Jan 2019 Median Sales Price For… Read more
YOU ARE INVITED TO A BARBEQUE… come have lunch on us! This Saturday …June 30th 12pm-3pm at 2112 Felspar St 2 NEW DESIGNER HOMES WITH ROOF TOP BAY VIEWS Bring Friends & Family for lunch, come take a look at these newly constructed homes 4 bed 3 bath Rooftop Deck Bay Views!!! Quartz Counter Tops & Designer Finishes Throughout … Read more
San Diego is now ranked #10 for the most sustainable long term markets according to the Jones Lang LaSalle analysis, which ranked the top 30 most future-proofed markets. This comes as perfect timing because this Monday, June 22nd San Diego Mayor Kevin Faulconer will be addressing the San Diego housing crisis (which has benefited property… Read more
As of May this year, the average rent for an apartment in San Diego is $2127! This is a 1.83% increase from last year when the average rent was $2088, and a 2.26% increase from last month when the average rent was $2079. One bedroom apartments in San Diego rent for $1876 a month on… Read more
Zillow is now buying houses. This poses a very important question… Will Zillow pay the property owner their “zestimate” which is what Zillow believes the property owners home is worth? My answer: Absolutely not, if they do, then they will go out of business. Allow me to state the obvious. The only reason Zillow is… Read more
We have already seen the luxury market in San Diego starting to slow down as interest rates increased over the last year. You can see from the below chart how interest rate increases affect loan payments and the income needed to qualify for loans.
Question: What is driving this insane real estate market? Answer: Interest Rates and Inventory Take a look at the below graph to see the stats that are important: – 17% appreciation from last year for house – Current Average Price for a House in San Diego $829,940 – 7.8% drop in inventory from last year..lowest… Read more
It is happening, the larger and higher priced homes in San Diego are selling for less than their asking prices than smaller lower priced homes. A Home Priced over $1,250,000 can expect to receive 93.7% of asking price vs…. A Home Priced between $750,000-$1,000,000 can expect to get 97.6% of asking price and… A Home… Read more
Here’s the problem. Proposition 13 protects homeowners from rapidly increasing property taxes. However, seniors worry that they cannot afford a big property tax increase if they sell to downsize or move closer to their families. As a result of this “moving penalty,” nearly three-quarters of homeowners 55 and older haven’t moved since 2000. The same… Read more
‘He has been there anytime I needed him and I know if I need him again he would be there too. Brad gave 100% from the first time he called me till the sale was done.’
‘We really felt like Brad was on our side throughout the transaction and knew how to navigate the process calmly and effectively’
-Curt and Kim C
‘If you are skeptical on a realtor look no further. You will get what you want and when you want it with Brad. His knowledge on this market is second to none. The most unusual thing about this transaction is his exceptional follow up thru out the entire process, and even after we’ve moved in and got settled. He is one of a kind in this market and this profession’
-Scott & Allison T.
‘Thanks to Brad Brinkman and his team we now have a beautiful new home and a great investment into our future.’
-Ryan & Amanda F.
‘He found my house for me when others could not, in a location that I thought would be impossible. His aggressiveness has given me the opportunity to live in a fantastic place.’
-Trace H., Pilot Hawaiian Airlines., U.S. Navy Pilot
‘You made it easy for us to make this move into our new home because you took on all the worries, handling our transaction with skill and expertise. Specifically we were impressed with your approach to business, treating each and every customer as you treated us; as though we were your most important clients’
‘He made each transaction very smooth and it was great peace of mind knowing I could count on him.’