Every year fireworks are set off from Mira Mesa High School on 4th of July at 9:00pm which makes it an anual tradition for Mira Mesa residents to gather at the Mira Mesa Community Park to watch this wonderful display.  But don't forget about the other festivities during the day.  Starting at 11:30am will be the parade that goes through Mira Mesa Blvd. and at 12:30pm starts all the fun activities at the Community Park such as Booth Games, Rides and much more. 

So if you don't have any thing planned for the 4th, come on down to Mira Mesa Community Park, have some fun and end it off with some Fireworks!

Mira Mesa Realtor, Paul Caparas

Thinking about selling your home in Rancho Penasquitos?  Well here are some great stats to know as of today July 1st, 2009.

-  Only 69 Detached Homes For Sale

-  Average Asking price is $616,000

-  Only 25 Detached Homes For Sale are under $500,000  (more than half of them are Short Sales)

Any home that comes on the Market in Rancho Penasquitos that is priced right is getting multiple offers within days.  If fact, there are many of buyers that are frustrated with what kind of market it is right now.  So if you are considering it, you may want to give a shot and see what you can get for your home. 

Got any questions about Rancho Penasquitos Real Estate, let me know.  Thanks.

As of Today, June 18, 2009, here is a quick stat on Mira Mesa Homes for Sale.

Number of Detached Homes for Sale: 72

Yes, only 72 Detached homes for sale in Mira Mesa.  What is crazy is I was looking up my old blogs on Mira Mesa real estate and on November 26, 2007, there was 192 homes.  Click here to read that old blog.  So with the inventory is so low, there are multiple offers on these homes.  Not only that, most of these homes for sale are Short Sales so if you are a buyer for one of these Short Sales, don't expect to move in anytime soon. 

What to expect, Buyers, be prepared to be competting against other buyers and expect you may have to go above the asking price to win.  Homeowners, if you are thinking of selling, your competition is low so you…

SOLD.

Abby Wood

Sorry I haven't blog in a while but we got a new Bank Owned Foreclosures listing that I have to tell you about .  It is in Scripps Ranch in the Stonebridge community.  It is basically a DREAM HOME!  It has 5 Bedrooms, 5.5 Bathrooms, 4,613 Sqft., 5 car garage, in the Poway Unified School District and a HUGE LOT of 25,264 Sqft. The asking price for this home from the bank is only $979,900!  You will probably laugh when I say this but this house will Sell Fast even in this market.  So take a look at the pictures below and let me know if you have any questions.  Oh by the way, this house was bought for $1,338,000 on Nov. 2006!

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Sorry I haven't blog for a while.  I've just been really busy.  Anyways, I want to tell you about our Chula Vista Bank Owned Foreclosures that we have at my office.  Well, the one I that I am going to focus on is our new Bank Owned Foreclosure listing.  This is a Dream Home.  What is amazing is that home was bought in May 2005 for $1,000,000!!!  Yes, ONE MILLION DOLLARS.  And now, the banks asking price is only $599,900!  Please check out the pictures and details below.

5 Bedrooms

4.5 Baths

3,628 Sqft.

3 Car Garage

This home has a wonderful floor plan and a goumet style kitchen!  All this for only $609,900!

If you have any questions about any of these homes, let me know.  Also we have more, so if you are…

Buy a Home and get 1 Free!!!

I've been meaning to blog about this when I first heard about it but I never found the time until now.  Basically the New Home builder Michael Crews is offering you a Free row-home in the Cityscape Neighborhood in Escondido which is selling for $399,900 for anyone who purchases a $1.6 - $1.8 million estate in the San Pasqual Valley's Royal View neighborhood.  And I'm not kidding you.  NBC San Diego wrote an article about it last week and here is a link to it:  http://www.nbcsandiego.com/houseandhome/16367623/detail.html

I know New Home Builders are hurting but WOW, what a incentive!  I remember a few years ago when the Real Estate market started to slow down, new home builders were giving $10,000 towards closing cost or a…

SOLD!!!

Just Reduced!  $70,000 less from starting Asking Price!  Now Only $899,900!!!

We got a new Bank Owned Foreclosure listing in 4S Ranch today that I want to tell you about.  First, if you are not familiar with 4S Ranch, it is one of the newest communities in Rancho Bernardo on the west side of the I-15.  This beautiful home features 4 Bedrooms, 4 Baths, 4,550 Sqft, 4 Car Garage, only 4 years old, mountain view, updated kitchen and more.  Check out the pictures below.

This is a Must See!  The Banks Asking Price is only $899,900.  If you would like more information about this home or would like to schedule an appointment to see it, please let me know.

Mira Mesa Caravan

Today was the first time I went to the Mira Mesa Caravan.  If you don't know what that is, well the Mira Mesa Caravan is where Realtors pitch their listings in Mira Mesa to other Realtors.  And after the pitch session, we go and look at the homes that was pitched.   This can also be called Broker Caravan.  Anyways, I wanted to see how other Realtors were doing in this market in Mira Mesa.  And it was exactly what I expected.  These great Realtors were having trouble getting their Buyers a home.  Homes are selling fast with multiple offers.  Also a Realtor brought up a great statistic during the caravan.  She pulled up every detached home for sale under $400,000 and about a third of those homes for sale were Short Sales with Accepted…