Friday, April 8, 2016

11965 Ericas Way

11965 Ericas Way 92040
2 bedroom 2.5 bath 1806 SqFt 
$649,000

Welcome to Eucalyptus Hills! This custom built home has dream views and over two acres of useable land. The home features upgraded kitchen with new granite counters, stainless steel appliances, custom tile back splash, and new cabinets. The kitchen flows into the living room for ease of entertaining. Living room features stone fireplace, 60in Pioneer Kuro Plasma with surround, two double doors to the back yard and big windows to take full advantage of the views.  The master bedroom has a walk-in closet, attached bathroom suit, and double doors to the back yard. Eucalyptus Hills is known for its views of mountains, san Vicente Dam, and out door activities. San Vicente Dam is only 7 miles away. 











Wednesday, April 6, 2016

California is first state to approve $15 minimum wage

California has become the first state in the nation to approve a statewide $15 minimum wage.

Both the State Assembly and State Senate passed the measure on Thursday afternoon. Governor Jerry Brown said he would sign it on Monday. 
"No one who is working full time in California should live in poverty due to a low wage," said Democratic State Senator Mark Leno, who cosponsored the bill. 
The measure will raise the state's minimum wage to $10.50 in January and to $11 in January 2018. It will then increase by an additional $1 per hour every year until it reaches $15 in 2022. If, however, the state goes through an economic downturn or budget crisis, the governor may choose to slow the implementation. 
The final bill gives small businesses, with 25 or fewer employees, an extra year to implement the increases. 
About 5.6 million Californians, or about 32% of the state's workforce, currently live on the minimum wage, according to Kevin De Leon, the president pro tempore of the state senate. 
Los Angeles has already agreed to increase the minimum wage to $15 per hour by 2020, making it the largest city in the nation to do so. San Francisco plans to reach a $15 minimum by 2018. And other major California cities, including San Diego and Oakland, have raised their minimum wages as well. 
california minimum wage
Setting a minimum wage at $15 has plenty of critics. 
"California may be the first state to pass a $15 minimum wage, but it will also be the first to find out why that's a bad idea," said Michael Saltsman, research director of the Employment Policies Institute, a conservative think tank opposed to minimum wage hikes. He argues that many businesses will have to cut staff or close because of the deal. "This pain from a $15 minimum wage will only be exacerbated in more troubled counties in the state." 
California's current statewide minimum wage of $10 per hour is already among the highest in the country. It's tied with Massachusetts and is second only to Washington D.C., which has a $10.50 minimum, according to the National Council of State Legislatures
New York lawmakers also made a minimum-wage move Thursday. Gov. Andrew Cuomo and the state's legislative leaders in Albany announced they have come to an agreement that will eventually raise the state's minimum wage to $15 for everyone. New York state already requires large food franchises to pay at least $15 per hour

Sunday, March 27, 2016

Spring Home Maintenance Checklist

As winter ends, give your home a complete physical—inside and out—to ready it for those warm-weather months ahead.


This year, many parts of the country have enjoyed such a mild winter that even in the Northeast, spring weather seems like it’s just around the corner—if it hasn’t arrived already.
Spring Home MaintenanceTake advantage of the moderate temperatures to get a head start on what should be an annual spring home maintenance routine.
EXTERIOR INSPECTION
“It’s good to do a walk-around of your property, especially after a storm,” says Curtis S. Niles, Sr., owner of Armored Home Inspections, Upper Darby, PA, and president of the National Association of Home Inspectors (NAHI). “Winter is tough on roofs and chimneys.” It can also take its toll on windows, walls, foundations, gutters and decks.
Roof. You don’t need to climb up there yourself; with binoculars and a keen eye, you can probably spot trouble. Do you see any shingle-shift, suggesting that some fasteners may have failed and need replacing? Any cracked or missing shingles? What about nail-pops? “We call them eyebrows,” Niles explains. “It’s when nails push the tabs of the shingles up, allowing water to get in where those nails are coming through.” All will need to be addressed to keep your roof at peak performance.
Chimneys. If you have a masonry chimney, check the joints between bricks or stones. Have any fallen out? Is there vegetation growing out of them? Each signals water infiltration. Also, look for efflorescence—”a white calcium-like deposit that indicates your masonry joints are no longer repelling water but absorbing it,” says Niles. Consider re-sealing masonry with a clear, impermeable or water-resistant barrier material (like Thoroseal products). Brush it on, small areas at a time; let it absorb for 15 minutes, then reapply—it may need a couple of applications.
Exterior Walls. Whether you have wood siding, stucco or brick, look for trouble spots, especially under eaves and near gutter downspouts. Water stains normally indicate that your gutters are not adequately containing roof runoff. If you have wood siding, check for openings, damaged areas or knots that have popped out, making way for carpenter ants, woodpeckers and other critters that may nest in or burrow through.
Foundations. When inspecting the exterior of your home, be sure to examine the foundation from top to bottom for masonry cracks. “Routine caulking by homeowners won’t do the job,” says Niles. “Hire a foundation specialist who can employ a two-part epoxy injection system that will bond cracks chemically,” he adds.
Windows. Leakage around windows will admit warm summer air and let cooled indoor air escape, so be sure to check that any caulking and weather stripping you have in place has remained intact. “A tight seal is the first line of defense against air and water,” says Marty Davis, marketing manager, Simonton Windows, Columbus, OH. If you experienced condensation inside the glass on double- or triple-glazed windows during the winter months, the weather seal has been compromised, and either the glass or the window will need to be replaced.
Spring-clean your windows—inside and out—with a store-bought or homemade window cleaner (one cup rubbing alcohol, one cup water and a tablespoon of white wine vinegar will work just fine) and either a squeegee or a soft cloth. Never use abrasive cleaners or a high-pressure spray washer. You don’t want to scratch the glass or crack the caulking around each unit. If screens were on all winter, remove and clean them with mild detergent. Lay them on a dry surface, like a driveway to air-dry before putting them back on. “Never power-wash screens,” urges Davis, “it could damage the mesh.”
My Blessed Life Spring Cleaning SuppliesINTERIOR MAINTENANCE
General Cleaning. Spring is a good time to clean areas of the house that often go neglected. Dust or vacuum chair rails, window casings, tops of wall-mounted cabinets and ceiling fans. Launder or dry-clean fabric draperies and use a damp cloth to clean wood and vinyl blinds. Vacuum upholstered furniture and mattresses and consider renting a carpet cleaner—anything you can do to remove settled dust, mites, and allergens will make for a cleaner, and healthier, home.
If you detect grease residue in the kitchen, consider washing cabinets, backsplashes and walls with warm water and mild detergent. The same is true in the bathroom, where soap residue and fluctuations in heat and humidity combine to create the perfect breeding ground for mold and mildew. While you’re cleaning tile, look for areas of worn or missing grout, as these may lead to more serious water damage if not repaired.
Air Conditioning. Just as you readied your furnace for fall, now is the time to make sure that air conditioning units are in good working order for the warmer months ahead. Change the filter, check hose connections for leaks, and make sure the drain pans are draining freely. In addition, vacuum any dust that has settled on the unit and connections; over time it can impact the air conditioner’s effectiveness. If you suspected problems with the efficiency or performance of the unit last summer, now is the time to call in a professional to check it out.
Attics. Search for signs that indicate insects and critters have colonized. Also, search aggressively for mold, which often takes the form of “gray or black blotches that look like staining,” according to Tim Gentry, vice president of technical services, DaVinci Roofscapes, Kansas City, KS. Proper insulation and good ventilation will deter mold growth in the attic, so take action now to prevent the problem from developing in the warmer months ahead.
Basements. The basement—prone to dampness and insects—must be part of any thorough seasonal maintenance effort. Dampness suggests higher than normal relative humidity, inadequate ventilation and the need for a dehumidifier. Check the base of poured-concrete walls. “Cracks start from the bottom up, not the top down,” Niles points out. “If there’s water penetration, it’ll show at the bottom of those cracks.” And be sure to use a flashlight to examine exposed framing. “If you see even a quarter-inch or so of tunneling on the wood,” says Niles, “call a pest control company immediately.”
Leaks. Spring is a good time to check for leaky faucets, clogged drains and sweaty pipes. Check under the kitchen and bathroom sink to make sure connections on pipes and hoses are properly sealed, and look for any wetness around the dishwasher that could signal an existing or potential problem. The same is true of your laundry room; check washer machine hoses for cracks, bulges or dampness. The same is true for hot water heaters, which may show sign of corrosion and leaks.
Spring Home Maintenance
Photo: Mark
OUTDOORS
Lawns. Rake the lawn to remove any branches, debris and leaves that you might have missed in the fall; if left, they can suffocate the grass beneath. During the winter, soil compaction, along with chemical changes altering your soil’s PH, may have left your lawn vulnerable to weed growth and other issues. Even if you can’t see weeds, they are more than likely waiting for optimum conditions to propagate. If you want to prevent them from germinating, consider an organic herbicide; fertilizers are better suited to the fall.
Make sure outdoor water systems—pipes, faucets, and in-ground sprinkler systems—are in working order. Once the ground thaws completely, start preparing new garden beds for summer plants. And take stock of your garden tools and lawn-maintenance equipment, including lawn mowers, trimmers and hoses.
Decks and Patios. Look for warped, loose or splintered boards, and do a good sweep to remove any leaves and debris accumulated in the space between boards. “Whether it’s wood, plastic or composite, a deck should be cleaned every year to extend its life,” says Chuck Harris, owner, Custom Lumber Manufacturing Co., Dothan, AL. If the finish on your wood deck is faded or worn, now is the time to clean, stain, and reseal it. If you have composite decking, follow manufacturers’ recommendations on seasonal care. The same is true for wood and composite fences, pergolas, trellises and other structures. If you have a stone patio, a simple hose down provide be all the maintenance required (unless you detect moss or staining, in which case a more serious cleaning may be necessary).
Outdoor Furniture. If you stored your lawn furniture for the winter, bring it outdoors and give it a hose rinse, or wash it with a mild detergent. For metal furniture, check for signs of rust or paint erosion; a simple remedy of spray enamel will prevent further damage from sun, rain and humidity in the months ahead.
Grills. If your gas grill has remained idle over the winter months, check burner jets for clogs and obstructions, and be sure that gas hoses and connections are sound and secure. You’ll also want to check for propane. For charcoal grill owners, make certain your grill is clean of ash and free of grease residue. It’s a good habit to adopt throughout the grilling season, not just in the spring.
For more on spring home care, check out our Spring Home Maintenance slideshow.

Sunday, March 6, 2016

Just Listed! 11965 Ericas Way Eucalyptus Hills



Welcome to Eucalyptus Hills! This custom built home has dream views and over 2 acres of useable land. Zoned for animals you can have your own chick coop, goats, or even horses here! The home features upgraded kitchen with new granite counters, stainless steel appliances, custom tile back splash, and new cabinets. The kitchen flows into the living room for ease of entertaining. Living room features stone fireplace, 60in Pioneer Kuro Plasma with surround, two double doors to the back yard and big windows to take full advantage of the views.  The master bedroom has a walk-in closet, attached bathroom suit, and double doors to the back yard. Eucalyptus Hills is known for its views of mountains, san vicente dam, and out door activities. San Vicente Dam is only 7 miles away. 

Wednesday, February 24, 2016

11965 Ericas Way - Coming Soon!

11965 Ericas Way San Diego 92040

              Welcome home! 
This custom built home sits on 2 acres that are fully fenced with breath taking views. The home is 1800 SqFt. 2 bedroom 2 bathroom. Master bedroom has walk in closet and his and hers sinks. Views off the back yard that go for miles. 




Open floor plan with big island in kitchen and custom tile back splash. Living room features a 50in. Pioneer Kuro Plasma with surround sound that will stay. 




Home has 100k in upgraded with a few being Fire place redone June 2013, All new appliances that will stay roof redone in 2011, Door painted and over hang redone December 2015, cabinets and counters redone 2013, and much much more. Home runs off dish network, septic, and 250 gal rented propane tank. Beautiful back yard to enjoy the views and soak up the sun or hang out in the breeze way. 



Call Cory Wilcox for more pricing and more info. 760.707.6021 corywilcoxre@gmail.com


Tuesday, February 9, 2016

Wilcox Estates Moved!



I am so excited to announce I have moved my Real Estate business to Canter! If you know anyone thats looking to buy, sell, or invest in real estate now is the best time. Rates are low and prices are competitive. At Canter I have a great team of Lenders, Lawers, Wealth Management Team, and Development Team who are ready to help with any project big or small.


Canter Companies is a full-service investment firm headquartered in San Diego, California. Offering comprehensive services, Canter can easily oversee the entire lifecycle of a project through acquisition, funding, development and sales. Our proprietary research and analytical processes help us identify potential opportunities and exploit market inefficiencies. Because of our well-honed ability to pinpoint unrealized opportunities, Canter has a proven track record of success throughout various market cycles. We also have affiliates and advisors in the Central Valley and Bay Area to service our growing clientele. Our relationships with our partners and affiliates allow us to entertain other unique investment opportunities outside the real estate industry.


Why Canter: 

Canter Brokerage is known for offering the most innovative marketing strategies to attract potential buyers. We believe there are many elements to a successful marketing program and take pride in our implementation of traditional tactics with an innovative approach. A customized blend of these elements combined with your property’s features and a suggested price range delivers signi cant results. Our network and reach extends throughout the San Diego community, the region of Southern California, and around the globe. We are constantly working to gain access to more qualified, motivated buyers and bring them to your home. Our primary goal is to sell your home.

We are always searching for new ways to draw attention to your home making it more appealing to buyers, ensuring you have the best results. We want your home to be seen by as many audiences as possible. Print and digital advertising allows us to leave a lasting impression of how special your home is. Our adverting campaigns are strategically designed to attract qualified buyers. The Canter Brokerage marketing department includes graphic designers and copywriters who create advertisements with impact. We have the ability to advertise your home in several print publications, which may include local and regional, daily and weekly newspapers, real estate and lifestyle publications, and periodicals. Cory Wilcox

760.707.6021
corywilcoxre@gmail.com

Monday, January 11, 2016

4 Reasons To Stay Invested In U.S. Housing

The stock market’s wild ride over the last couple of months may have introduced a measure of uncertainty into the investment outlook for some sectors of the global economy. However, U.S. housing was not one of them. 





America’s housing market is continuing to grow faster than the economy overall. We are seeing a number of opportunities and remain constructive on the sector. Here are four reasons why:




1. Strong job growth and consumer confidence: The U.S. economy has added roughly 3 million private sector jobs over the past year. This includes more than 750,000 new jobs in the 25- to 34-year-old cohort, an important segment for first-time buyers, a rate that is near a 15-year high. A pickup in wage growth is likely given the improvement in the labor market; the unemployment rate declined by 2.4% in the past two years to reach 5.1%. We expect more jobs and higher incomes will lead to rising consumer confidence and demand for homes, even in the face of modestly higher mortgage rates.




2. Low inventories and rising pent-up demand: Both the absolute level of inventory of new and existing homes (now 2.5 million units total) and inventory as a percentage of households (now 1.6%) are at or near 15-year lows. Over the past year, 1.5 million new households have formed; that compares with less than 1.2 million new housing units. In addition, over 30% of 18- to 34-year-olds are living at home. What does this mean? A lot of pent-up demand, and if it picks up, as we expect, housing starts will likely rise toward 1.5 million units (or higher) in the next two to three years. Simply put, with residential investment spending at 3.3% of GDP, the U.S. has been significantly under-building relative to long-term demand (the 55-year average is 4.5% of GDP – see Figure 1).






3. Willingness to lend and expanding demand for credit: Banks are finally lending again! In reviewing second quarter 2015 earnings details, we noticed that mortgage origination growth at all four of the largest U.S. banks rose by double digits. At the same time banks are increasing their willingness to lend, households are becoming more confident and many are now in a position to re-lever: Consumer debt service ratios are near 35-year lows. Importantly, a significant number of previously foreclosed homeowners could become eligible to buy a home over the next five years. As such, the demand and supply of credit is likely to pick up, which should support the U.S. housing market.




4. Relative affordability: At this juncture, owning a house is incredibly cheap – both from a historical affordability perspective and relative to the cost of renting (see Figure 2). Although some have expressed concerns rising rates will reduce affordability, keep in mind that it would take a two percentage point rise in mortgage rates to go back to the long-term average. A very modest pickup in mortgage rates, which are currently under 4%, can be handled by an economy adding 3 million jobs in the private sector alone, in our view.




How to take advantage of current trends

In many regions across the country, there is a significant shortage of housing inventory relative to job creation. In Orange County, California, for example, job growth is overwhelming housing inventory by a ratio of five to one. Our view based on the most recent data is that home ownership is cyclical: As housing prices rise, people become more confident, credit becomes more available. The most recent data on housing starts suggests a shift toward single family home construction. Home builder sentiment is at the highest level it’s been since November 2005. We expect companies tied to housing will see earnings growth much higher than the markets overall.

Investors seeking to capitalize on these trends should stay overweight U.S. housing and housing-related sectors. We continue to see value in select companies in areas such as building materials, home improvement, title insurance, homebuilding, banks and specialty finance companies as well as in non-agency mortgage-backed securities(MBS).