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        <title>Shoreline Blog</title>
        <link>http://www.shorelinesd.com/blog/tags/real-estate/</link>
        <description></description>
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    <guid>http://www.shorelinesd.com/blog/millennials-are-tapping-into-home-equity-but-not-for-reasons-you-might-think.html</guid>
    <link>http://www.shorelinesd.com/blog/millennials-are-tapping-into-home-equity-but-not-for-reasons-you-might-think.html</link>
        <author>Shawn@ShorelineSD.com (Shawn Bengtson)</author>
        <title>Millennials Are Tapping Into Home Equity, But Not For Reasons You Might Think</title>
    <description> <![CDATA[ 



By Brenda Richardson, Forbes Real Estate 


While many homeowners choose to tap their home equity to pay for renovation projects, younger borrowers are more likely to use home equity lines of credit for purposes other than home improvement, according to a survey released today by Providence, Rhode Island-based Citizens Bank. 


While traditionally the majority of HELOCS are used for home improvement projects (70), Millennials are significantly more likely than homeowners over 40 to use a HELOC for non-traditional uses, including financing a new business venture, 45 versus 19; big-ticket purchases, 44 versus 35; taking time off work to support or care for family, 44 versus 24; and taking a vacation, 36 versus 17. 


Learn More 
 ]]> </description>
    <pubDate>Tue, 09 Apr 2019 10:01:00 -0700</pubDate>
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    <guid>http://www.shorelinesd.com/blog/artfest-2019-and-other-local-events-april-7-april-14-2019.html</guid>
    <link>http://www.shorelinesd.com/blog/artfest-2019-and-other-local-events-april-7-april-14-2019.html</link>
        <author>Shawn@ShorelineSD.com (Shawn Bengtson)</author>
        <title>ArtFest 2019 and other local events | April 7 - April 14, 2019</title>
    <description> <![CDATA[ 
 





ENCINITAS — Looking for that perfect one-of-a-kind art piece for your home and garden this spring? One place to find art works in abundance is the ArtFest 2019, taking place next weekend, April 13 &amp; 14, at the San Diego Botanic Garden. The event will feature more than 30 local and regional artists, showcasing and giving presentations of their artwork to the general public.   


&quot;The annual ArtFest event has been going on for more than 10 years and began as an idea by botanic garden President Emeritus Julian Duval, who recently retired in January, which was to bring art into the beautiful garden setting&quot;, according to The Coast News Group.


To find more information, please visit: San Diego Botanic Garden  


OTHER EVENTS THIS WEEK 


Free Cone Day - on Tuesday, April 9, Ben &amp; Jerry's stores around the world will be giving out Free Cones From 12pm - 8pm, stop in to get a free scoop of ice cream in a cone or a cup Since 1979 it has been the company's way to celebrate and say thanks to their fans around the world. 


Seminar: Embracing the Diversity of Bordeaux - Friday, April 12, 6 - 7:30pm Meritage Wine Market Address: 162 S Rancho Santa Fe Rd. Suite A10, Encinitas 92024&quot;Bordeaux was first loved for its sweet white wines from the sub-region of Sauternes. The wine had some pretty prominent clientele - Thomas Jefferson The name Bordeaux is now primarily associated with its famed red blends based on Cabernet Sauvignon, Cabernet Franc and Merlot&quot;.


Carruth Cellars Release Party - Friday, April 12, 6 - 9pm Address: 118 S Cedros Avenue C, Solana Beach 92075Celebrate &quot;two new releases this month with a featured pairing, live music, a gold winning red and our favorite white – introducing our 2016 Alexander Valley Cabernet Sauvignon and our 2018 Sauvignon Blanc, on sale April 12 only&quot;. 


Sea + Wander Re-launch Party - Saturday, April 13, 5 - 8pmAddress: 154 Aberdeen Dr, Cardiff 92007 Stop by for some local bites, organic wine, pop up shop, DJ, giveaways &amp; more. 



 ]]> </description>
    <pubDate>Sun, 07 Apr 2019 14:08:00 -0700</pubDate>
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    <guid>http://www.shorelinesd.com/blog/want-to-sell-your-home-hurry-up-and-list-it-next-week.html</guid>
    <link>http://www.shorelinesd.com/blog/want-to-sell-your-home-hurry-up-and-list-it-next-week.html</link>
        <author>Shawn@ShorelineSD.com (Shawn Bengtson)</author>
        <title>Want to sell your home? Hurry up and list it in April</title>
    <description> <![CDATA[ 



 By Diana Olick, CNBC News




Homes listed in the first week of April get 14 percent more online views on average and are likely to sell 6 days faster on average than the rest of the year.


The number of buyers jumps dramatically in April, but the number of listings doesn’t peak until a little later, so there is less seller competition.


The average rate on the 30-year fixed mortgage has fallen more than a quarter of a percentage point in the last week and is nearly a full percentage point lower than the recent peak last November.




Timing is everything, especially in a housing market that has been less than dependable lately. So if you want to get the best price for your home in the shortest amount of time, you’d better list it next week, at least according to realtor.com.


Homes listed in the first week of April get 14 percent more online views on average and are likely to sell six days faster than the average during the rest of the year.






Homes sold in April are also priced 6 percent higher than those in January. According to the most recent pricing data, that could mean an additional $17,000 for sellers listing the typical home prices around $306,000. One caveat is that realtor.com is looking at average prices and does not take into account the type of homes for sale at different times of year. Larger, more expensive homes tend to be listed in the spring because families like to move over the summer, during school vacations.


“Given the time it takes from listing to close, putting a home on the market in early April positions sellers to attract buyers seeking to close and move before the beginning of school year,” said Danielle Hale, chief economist for realtor.com.


The number of buyers jumps dramatically in April, but the number of listings doesn’t peak until a little later, so there is less seller competition. The average list price in June is higher than April, again as larger family homes are being listed during school vacations, but there are fewer buyers, which increases the chance for a price reduction, although not by much. Homes listed in June are 1 percent more likely to see a price reduction and garner 2 percent fewer online views on average than the rest of the year.


If next week was already a great week to list, the steep drop in mortgage rates that started last week is only making it better. Buyers now have a little bit more purchasing power. The average rate on the 30-year fixed mortgage has fallen more than a quarter of a percentage point in the last week and is nearly a full point lower than the recent peak last November. Every quarter-point drop knocks about $50 off the monthly payment on a $300,000 mortgage.


 


 




 ]]> </description>
    <pubDate>Wed, 27 Mar 2019 11:21:00 -0700</pubDate>
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    <guid>http://www.shorelinesd.com/blog/us-existing-home-sales-jumped-118-in-february.html</guid>
    <link>http://www.shorelinesd.com/blog/us-existing-home-sales-jumped-118-in-february.html</link>
        <author>Shawn@ShorelineSD.com (Shawn Bengtson)</author>
        <title>U.S. Existing Home Sales Jumped 11.8 in February</title>
    <description> <![CDATA[ 



&quot;Sales of previously owned homes posted their largest monthly gain since 2015 in February, a sign that lower mortgage rates and more attractive prices are helping to lure buyers back to the market just in time for the critical spring selling season&quot;, according to The Wall Street Journal. &quot;The region seeing biggest increase in February home sales was the West, where volume rose 16 from January&quot;.


Read more in WSJ Report 


 


 


 
 ]]> </description>
    <pubDate>Mon, 25 Mar 2019 12:11:00 -0700</pubDate>
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