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July 24th, 2009
Carlsbad, CA – Water Rates Increase August 1, 2009
Carlsbad water and wastewater rates will increase about 10 percent or an average of $7.56 a month for most Carlsbad residents, based on decisions at the June 23 Carlsbad City Council and Carlsbad Municipal Water District Board of Directors meeting. The rate increases go into effect Aug. 1, with customers seeing changes in their monthly utility bill starting in September. Read the rest of this entry »
July 6th, 2009
Carlsbad, CA Market Trends – 92008, 92009, 92010, 92011
The Carlsbad June market statistics are out. When trying to determine what the statistics mean, I would look at the monthly averages of Carlsbad real estate sales in June over May.
In particular, I think it is important to note that the average sale price in Carlsbad is up to $549,000 from $537,000.
I also think it is important to note that the Carlsbad average is that homes sold at 96% and 97% of their listing price.
These are key indicators in determining market direction. Does, this mean that we don’t still have some tough days ahead, not necessarily. But I would certainly say that the indicators show that the Carlsbad real estate market may be moving in the right direction.
June 2009 – Carlsbad Real Estate – Carlsbad Homes For Sale
Carlsbad Statistics 92008, 92009, 92010, 92011
B/B
SFt
LP
LP/SF
SP
SP/SF
SP/LP
High
5/5
4,757
$1,399,900
$678
$1,338,000
$655
123%
Low
2/1
863
$100,000
$69
$82,000
$61
75%
Avg
3/2
2,164
$571,983
$265
$549,663
$255
96%
May 2009 – Carlsbad Real Estate – Carlsbad Homes For Sale
Carlsbad Statistics 92008, 92009, 92010, 92011
B/B
SFt
LP
LP/SF
SP
SP/SF
SP/LP
High
6/6
4,913
$1,385,000
$625
$1,330,000
$591
109%
Low
1/1
791
$55,000
$44
$52,500
$42
85%
Avg
3/2
2,131
$554,628
$269
$537,993
$259
97%
Carlsbad Statistics 92008, 92009, 92010, 92011
| B/B | SFt | LP | LP/SF | SP | SP/SF | SP/LP | |
| High | 6/6 | 4,913 | $1,385,000 | $625 | $1,330,000 | $591 | 109% |
| Low | 1/1 | 791 | $55,000 | $44 | $52,500 | $42 | 85% |
| Avg | 3/2 | 2,131 | $554,628 | $269 | $537,993 | $259 | 97% |
June 22nd, 2009
Carlsbad, CA Real Estate – Turn That Water Off!
Well, it has arrived. We had been warned. Unfortunately, our
water supply is so short that they have instituted water rationing, beginning July 1st in La Costa, CA and Carlsbad, CA.
If you have a home in Carlsbad, CA and would like to know more about Carlsbad’s water rationing,
Read the rest of this entry »
June 19th, 2009
That Carlsbad Foreclosure is Doing More Than Just Dropping Your Property Value
We already know those Carlsbad, San Elijo, and La Costa foreclosures are dragging down our property values. In many La Costa and San Elijo neighborhoods in particular, the foreclosures and short sales alone have caused our property values to decline over 25%. If you, as a La Costa or Carlsbad real estate seller, have to sell your home – you are competing with that La Costa or Carlsbad foreclosure next door, or the next street over. Read the rest of this entry »
June 16th, 2009
Oceanside Luxury Homes From $500k
I visited a beautiful new home community in Oceanside today, very 
near the gate to Camp Pendleton. Bellingham at Arrowood is a wonderful little neighborhood of Oceanside homes with golf course views and about four miles from the Pacific Ocean.
Homes start at 2900 sf and go as high as almost 3400 sf. With builder incentives, the homes are selling for as low as almost $500k.
If you would like to see these Oceanside homes, any Carlsbad homes, or have any other real estate questions, please contact us.
June 11th, 2009
A Favorite Returns! Casa De Bandini – Carlsbad Forum Shops – Carlsbad, CA
The new Carlsbad, Casa De Bandini had been a local San Diego favorite, at the Bazaar del Mundo, up until a few years ago, when the Old Town State Park did not renew their lease. Casa De Bandini closed their doors, tried to open a location downtown, and just never got the new location off the ground.
Located conveniently (to homes in Carlsbad, La Costa, Leucadia, San Elijo, and Encinitas) in the Carlsbad Forum Shops, Casa de Bandini is anticipating a June opening date. As residents of La Costa Oaks, we spend tons of time at the Carlsbad Forum Shops, and never really took to Yellow Coyote.
Some of our friends and neighbors remember the “old” Casa de Bandini as one of their favorite San Diego restaurants. As such, this La Costa resident is looking forward to their opening. News to follow when we see their doors open. If you have any La Costa or Carlsbad community favorites or any real estate questions, please contact us below.
June 9th, 2009
Carlsbad and San Diego Home Market Recovery?
Have we seen the worst of it? 
Most everyone agrees that it is still too early to tell, but we all know the media sells (papers, ads, etc) based on crisis. And it seems that even some of the California media is recognizing that California home prices may be headed in the right direction. Read Carlsbad Home Market Recovery to hear what a Sacramento writer has to say about the California housing market. Let’s hope he’s right. Let’s hope that some of those that were the first to see the bubble burst will be the first to see some positive signs!
Mike & Amy Mewborn Real Estate Specialists
Mike: 858.205.2000
Amy:760.213.6653
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