The Lawhead Team would like to share the latest HomeDex Report for North San Diego County for July:

The U.S. housing market has continued to cool, as rising mortgage rates and record-high sales prices have stifled affordability, weakening demand and pricing out a multitude of buyers. Nationally, median household income has failed to keep pace with increasing mortgage payments, with the costs of buying a home about 80% more expensive now than they were just three summers ago, according to the National Association of REALTORS® (NAR). As more and more prospective buyers find their home purchase plans delayed, many are turning to the rental market, where competition has intensified due to increased demand.

Closed Sales decreased 45.0 percent for Detached homes and 38.5 percent for Attached homes. Pending Sales decreased 34.7 percent for Detached homes and 32.9 percent for Attached homes.

The Median Sales Price was up 4.7 percent to $1,020,425 for Detached homes and 17.8 percent to $684,005 for Attached homes. Days on Market increased 35.7 percent for Detached homes and 60.0 percent for Attached homes. Supply increased 25.0 percent for Detached homes and 30.8 percent for Attached homes.

At a time of year when homebuying activity is typically very strong, soaring homeownership costs have caused home sales to decline nationwide for the fifth consecutive month, with existing-home sales falling 5.4% month-tomonth and 14.2% year-over-year as of last measure, according to NAR. But there is a bright spot. Inventory of existing homes has continued to climb this summer, with 1.26 million homes available at the beginning of July, equivalent to a 3 months’ supply. And despite the summer slowdown, homes are still selling quickly, with the typical home staying on market an average of 14 days.

The HomeDex Report is from North San Diego County Association of Realtors.

Poway Homes For Sale~San Diego Country Living

KSL invests $50 million in renovating the La Costa Resort & Spa Community

In this edition of The Lawhead Team’s featured community showcase, we are highlighting the fabulous, world-famous La Costa Resort and Spa.  We are pleased to inform you of the $50 million renovation currently underway at La Costa.  Residents and visitors alike are anxiously awaiting completion this fall when “The Next La Costa” will have its grand opening.  The golfing experience will change dramatically as the former North Course has been totally redesigned and will open as the Champions Course.  The former South Course has undergone partial renovation and will open as the Legends Course.  Can the return of the PGA to La Costa be far away?     Check out the following link to learn more about the lastest activities regarding the renovation:

View the La Costa Renovation Video…Click Here

“We love La Costa!”  This first class resort has outstanding amenities in a very relaxed setting.  It’s no wonder the spa at La Costa was ranked as the Best Spa in Southern California and one of the top four spas in all of California.  The kids just love the pool areas and especially the three waterslides.  It has a great tennis facility with lots of courts, golf and gourmet restaurants too!”

Why Choose The Lawhead Team?

It has always been our policy to treat our clients the way that we like to be treated, with mutual respect and as a valued part of the team. We pride ourselves on accomplishing tasks for buyers and sellers that we found challenging during our own personal relocations.  We believe it takes a special type of person to understand and successfully represent buyers that are relocating.  We have also been the sellers of several homes we haved owned over the years.  As a result, we have developed a comprehensive marketing plan to get your home sold in a timely manner and at a good price.   We are very service oriented and use a hands-on approach to satisfy our clients’ real estate needs. From the moment we meet, to the completion of your purchase or sale, we will work to ensure that you are professionally represented and have a positive experience.  Some of our background and qualifications that help us to achieve this goal are:

Marilyn:
• 25 years of residential sales experience in the San Diego Real Estate market
• Certified Residential Specialist (CRS)
• Certified Negotiations Specialist CNS)
• e-Pro specialist
• Founding member and Secretary of the Women´s Council of Realtors in North San Diego County
• Active member of the North San Diego County Association of Realtors
• Recipient of numerous company sales and listing awards

Creighton:
• 36 years of professional sales and marketing experience
• M.B.A. from The University of Massachusetts and a Bachelor of Science degree in Business Administration from Massachusetts College of Liberal Arts
• 2 Bronze Star medals and the Vietnamese Cross – U.S. Army – Republic of Vietnam (1969-1970)
• Outstanding written, verbal and presentation skills
• Recipient of prestigious industry and company sales and marketing awards
• Active member of the National Association of Realtors, the California Association of Realtors and the North San Diego County Association of Realtors