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Talking Real Estate with Hope - May Newsletter

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  Welcome to a curated selection of the latest real estate insights—handpicked just for you. As your dedicated agent for life, I believe in empowering you with the knowledge you need to navigate the world of homeownership with confidence. Sit back and absorb the compelling narratives that await in this issue.   Whenever you find yourself pondering the next steps in your real estate journey, remember that I am only a conversation away. My commitment to you, your family, and friends is unwavering, and I'm ready to assist with tailored, strategic advice whenever you need it.     Your Forever Agent,    Hope Leitner, CRS,  CalDRE #01874321   Hope Opens Doors Berkshire Hathaway HomeServices, California Properties Christie D. Horn and Associates 3790 Via de la Valle, Suite 201, Del Mar, CA 92014 Cell: (858) 382-3763 Website: HopeLeitner.com Email Hope   The Number of Homes for Sale Is Increasing There’s no denying the last couple of years have been tough for anyone trying to  buy a home  

San Diego Market Update May 2024

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The market is heating up in time for the traditional summer rush. I wish I could say when the market will cool off or at least level off, But, I can't. All I can say is the economy is steady and the real estate market reflects that.    Below you'll find the housing report for the current month along with data from the preceding months. San Diego County continues to grapple with an inventory shortage. The average cost of a home has risen, but that doesn't mean there aren't still some affordable properties out there.    Whether you're contemplating a purchase or sale, I invite you to reach out. Let's discuss your options within the dynamics of our distinctive housing market, ensuring your decisions align with the current trends and realities.   If you know anyone who might be interested in receiving this market update every month, please have them sign up at this  link.   I am always here for my clients and their friends and family.   Your Forever Agent,   Hope Le

San Diego, March Calendar of Events

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Spring is just around the corner - I'm looking forward to the coming warmer weather. It may always be sunny in San Diego, but our subtle seasons are still a beautiful transformation to wittness.    March - Ponder this -   "When you have a dream, you've got to grab it and never let go." — Carol Burnett With the coming Spring hold on! Change is in the air, maybe that change is your move!    I am here for you, your family, and your friends. Whether you own a home or you are looking to buy or sell one, I'm here to help.   If you know anyone who might be interested in receiving this event calendar every month, please have them sign up at this  link.   Your Forever Agent,    Hope Leitner, CRS, CalDRE #01874321 Hope Opens Doors   Berkshire Hathaway HomeServices, California Properties Christie D. Horn and Associates 3790 Via de la Valle, Suite 201, Del Mar, CA 92014 Cell: (858) 382-3763 Website: HopeLeitner.com     ©2024 BHH Affiliates, LLC. Real Estate Brokerage Services

Talking Real Estate with Hope eNewsletter

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This eNewsletter strives to give you information that will help you make an informed decision around your real estate goals. The news is particularly relevant to the market this summer. Rising interest rates are beginning to have an effect on the market. I am here to support you whatever your real estate needs might be.  When you are ready to make the decision to buy or sell, give me a call.   PONDER THIS -  “ Rest is not idleness, and to lie sometimes on the grass under trees on a summer’s day, listening to the murmur of the water, or watching the clouds float across the sky, is by no means a waste of time.” ~  John Lubbock    If you find you aren’t making enough time to enjoy the season and allow your mind to rest - Do it. This will help you clarify what you really need to be doing in work and in life.  As always, I am here for you, your family, and friends. HOMEBUYERS, TRANSACTION ADVICE, LUXURY   Home Inspections for Co-ops or Condos   Do you need a home inspection when you buy a c

Buying, Financing or Leasing Solar

Acquiring a solar system for your house is a lot like buying a car. Depending on your financial situation, your decision process may vary. You just need to understand the ramifications of each type of purchase. There are several ways to purchase solar; using cash, financing a loan, or leasing. Each has its pros and cons.  Purchasing a Solar System with Cash Pros : Like any purchase, paying cash is usually the cheapest in the long run. You won’t pay any interest, and there are no monthly payments. If you have $15,000 – $25,000 sitting idle in a savings account, you can buy a solar system. Instead of earning interest on your savings, your “return” will be in the form of reduced electric bills. You may be able to offset a $200/month electric bill which equals a “return” of $2,400 / year. This is a great option if you know you will be selling your house. The addition of solar panels may empower you to sell your house for more money. Cons : You spend a lot of money. At the end o

Take Advantage of Tax Deductions

Buyers and Sellers who complete their transactions in 2014 may be able to take advantage of the tax deductions for closing costs when they file their return in 2015.  Contact your CPA to help you maximize the deductions available to you when you are buying and selling property. 

The Functions of Escrow

Buying or selling a home (or other piece of real property) usually involves the transfer of large sums of money. It is imperative that the transfer of these funds and related documents from one party to another be handled in a neutral, secure and knowledgeable manner. For the protection of buyer, seller and lender, the escrow process was developed. As a buyer or seller you want to be certain all conditions of sale have been met before property and money exchange hands. The technical definition of an escrow is a transaction where one party engaged in the sale, transfer or lease of real or personal property, with another person delivers a written instrument, money or other items of value to a neutral third person, called an escrow agent or escrow holder. This third person holds the money or items for disbursement upon the happening of a specified event or the performance of a specified condition. Simply stated, the escrow holder impartially carries out the written instructions g

Prior to Listing Conduct a Home Inspection

Prior to listing your home you should have an independent inspector give the house a once over. That way, problems can be spotted — and corrected — before a would-be buyer ever gets wind of them. Before you have your home inspected you should fix items you know are broken — the little things every owner learns to live with — before they become bargaining points. Your agent should provide you with a pre-inspection checklist so all parties can be as sure as possible that the house is inspection-ready. There are a lot of things you (the seller) can do, but if you are not skilled at certain repairs, even the simplest ones, you should call a professional. Not only can inspectors spot amateurish, sub-par work, they will wonder about the quality of repairs that are less visible. When repairs are made, either by you (the seller) or a professional contractor, it’s a good idea to have paid receipts and warranties on hand for the inspector and buyer. Finally, on the day of the inspection, seller

Make an Offer That Sellers Can't Refuse

With shrinking inventories, many buyers are finding only competitive offers will win them the house they want.   Listed below are several ways that home buyers can make more competitive “irresistible” offers. Be pre-approved: Develop a strategy with your loan consultant.  They will help you review your credit reports to make sure they are accurate.  They can also advise you on short-term steps to improve your credit score.  Then you will be ready to take the next step and get preapproval.   The preapproval letter will show sellers you are a serious buyer. Don’t lowball: You may only get one chance to get the home you want in a competitive market. You may not get a second try to sweeten the deal later, so a lowball offer the first time around could cause you to lose out. Use sales prices of comparable properties in the neighborhood to submit your best offer the first time around.   Your realtor can provide a Comparative Market Analysis for the property you are considering buying

Staging Homes

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Vacant homes  aren't  memorable and won’t stand out to buyers particularly in online listings where the majority of buyers begin their home search. Regardless of price point, staging vacant homes is important to initially capture buyer interest and take them from the online listing to the front door. Once there, a well-staged home will help buyers emotionally connect to the property, ultimately taking their interest to the next level with an offer.  Listed below are two examples of before and after. Photo credit: PJ & Company Staging and Interior Decorating Keep these insights in mind. Your property will sell faster. A vacant property can take up to 78 percent more time to sell than comparable furnished homes, according to the Real Estate Staging Association. Buyers will see it as their home. Only a few buyers can visualize a vacant room decorated and furnished. The majority of buyers, on the other hand, cannot envision how they will live in the home or use a ro

Full Hearted Focus

You might have heard me say that it’s far more productive to focus on one thing 100% of your time with 100% of your energy rather than spending 10% of your energy and 10% of your time focusing on ten different things. That’s why I always ask the following questions. What is the one thing that I can get done in the next 30 days that will have the biggest bottom line improvement in my business over the next 12 months? The question I ask is: What is the one thing I can get done? Try that question on. What one thing can you get done in the next 30 days that will have the biggest bottom line improvement in your business over the next 12 months? Take some time to really think about the answer because this is where you’ll pour all of your energy and time into. If I was sitting next to you right now, I would act like a magnifying glass. I would have a clean yellow pad in front of us and I would write down these words, what is the one thing you can get done in the next 30 days that will

Do You Really Need Soundproof Windows?

Maybe not. Perhaps the sound you hate is coming down your chimney or through attic vents. Or maybe leaks around your windows are letting in noise along with cold air. Everyone who hates noise should consult an acoustical consultant before they throw money at the problem. For about $1,000, consultants will measure the kind and level of the noise you want to keep out, and suggest the best way to block the sound.  All you might need is a $2 tube of caulk around your windows. If you're going to spend $15,000 on windows, why not get some consulting for $1,000. 

Being a real estate agent - The Best

I love being a real estate agent.  It's my passion. 

Are Soundproof Windows Also Energy Efficient?

You’d think so, but you’d be wrong. There are different kinds of physics going on. Energy-efficient windows primarily depend upon low-E coatings and gas between thermal panes to reduce heat transfer and increase energy efficiency. Sound-blocking windows, on the other hand, primarily use thicker and laminated glass, and large air gaps between panes to deaden sound. You can easily make a soundproof window energy-efficient by adding low-E coatings. But you can’t easily make an energy-efficient window soundproof without changing its glass and construction. It’s a balancing act between the performance attributes you deem important for your project. 

What You’ll Pay for Sound Reduction

T he sound of silence does not come cheap. An insert for a 3-foot-by-5-foot window, costs roughly $950, including installation, though pricing varies depending on features. Custom 3-foot-by-5-foot windows built to an architect’s specs, typically cost between $7,000 and $8,500 (without installation). You can spend a lot of money if you want to block out ear-splitting but occasional noises such as thunder or ambulance sirens. “Is it worth the extra $25,000 to get another 5% performance?” Clients were asked – most replied, “I’ll accept the siren or thunder.”

Open House on October 4th

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How Do Windows Block Sound?

To reduce sound, you must create a barrier between the sound and the ear that captures the sound. Homes do that with walls, roofs and windows that block sound waves from entering. To increase a window's ability to block sound and increase its STC rating, the window manufacturer must: Add mass (make glass thicker) Add air space (increase the distance between window panes) Use laminated glass, a glass-plastic-glass sandwich that further reduces noise transmission CitiQuiet windows are inserts installed behind your existing window, which adds up to 4 inches of dead, sound-reducing air between the principal window and the new interior window. The company's 1/2-inch laminated insert has a STC rating of 38 and promises up to a 95% noise reduction depending on the size of the window opening, apartment location, and type of noise.  Zeluck Inc. manufacturers high-end, dual-pane windows that a 1-1/4-inch thick and reach an STC rating of 42.

What Are Soundproof Windows?

No residential window blocks all sound, all the time. “Soundproof” is shorthand for noise reduction windows that block up to 90% to 95% of noise coming through windows. Sounds with low frequencies, like garbage trucks grinding trash, are harder to block than sounds with higher frequencies, like birds chirping. So when you shop for sound-reducing windows consider “what frequencies you want to soundproof against,” says John Storyk, an acoustical consultant and a founder of the Walters-Storyk Design Group based in Highland, N.Y. The acoustics industry makes soundproof window shopping easier by rating the sound-stopping quality of windows on a sound transmission class (STC) scale; the higher the number, the more a window inhibits sound. Your basic, single-pane window has an average STC rating of 27; a dual pane window has an average STC rating of 28. Soundproof windows, however, have STC ratings of at least 45, and some climb to the mid-50s, which block as much as 95% of noise.

Are Soundproof Windows Worth the Money?

Is outside noise driving you crazy? Soundproof windows could be the solution — or you might do better with some less-costly alternatives. Sound pollution has joined light pollution as another irritant that drives us bonkers and kills our love of home. But there’s good news: Soundproof windows that’ll put a damper on intrusive noise are going mainstream and are available at home improvement centers. “Things are getting louder, and people are getting more sensitive,” says Rich Galietti, sales manager of CitiQuiet, which has been manufacturing soundproofing window inserts for 25 years (Home Depot recently began selling them). Galietti says soundproof windows are most popular in urban areas beset by idling buses, highway traffic, and police sirens.  “We hear, ‘I love my view, but the highway below is so loud,’” Galietti says. “That’s when we’re called in.” But do soundproof windows deliver the peace and quiet they promise? Or are they another home improvement fad that sounds goo