Showing posts with label Escondido. Show all posts
Showing posts with label Escondido. Show all posts

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, December 7, 2015

MILLION-DOLLAR HOME SALES UP AGAIN IN THE GOLDEN STATE







MILLION-DOLLAR HOME SALES UP AGAIN IN THE GOLDEN STATE
Source: DQNews




La Jolla, CA.—-The number of California homes that sold for a million dollars or more rose to its highest level in seven years last quarter, the result of rising home prices and an improving economy. The luxury market’s high end continues to do best, with record sales above the $2 million mark, a real estate information service reported.
A total of 12,826 homes sold for a million dollars or more during the April-through-June period. That was up 60.4 percent from 7,994 during this year’s first quarter, and up 9.1 percent from 11,758 in second-quarter 2013. Last quarter’s $1 million-plus sales were the highest for any quarter since 13,681 homes sold for $1 million or more in second-quarter 2007, according to CoreLogic DataQuick.
The all-time high was third-quarter 2005, when 15,898 Golden State homes sold for a million dollars or more.
The nine-county San Francisco Bay Area stood out last quarter: The 5,734 sales there of $1 million or more represented an all-time high. The previous peak was 5,699 in second-quarter 2005.
While statewide $1 million-plus home sales rose 9.1 percent year-over-year in the second quarter, total sales across all price categories fell 7.4 percent.
Two of the main reasons for the increase in $1 million-plus sales are increased demand, and robust price appreciation that over the past year has pushed more homes up over the million-dollar threshold.
“It’s always fascinating to watch this part of the real estate market. It behaves differently, responds to its own set of criteria. These buyers, especially those in the multi-million-dollar market, are less likely to agonize over credit scores, income and job security, down payments and mortgage interest rates,” said Andrew LePage, CoreLogic DataQuick analyst.
“While we can only speculate, it seems self-evident that luxury home buyers have substantial assets, and they’re constantly evaluating where to park those assets. Right now it’s interesting that there appears to be enough inventory to meet the demand for luxury homes. That’s not always the case in many mid-priced and lower-cost housing markets, where demand continues to outweigh supply,” LePage said.
A total of 265 homes sold for more than $5 million last quarter, an all-time high. In the $4-$5 million range, a record 213 homes sold. In the $3-$4 million range, 469 homes sold, also a record. In the $2-$3 million range, 1,595 homes sold, another high.
In the $1-$2 million range, 8,381 sold last quarter, still behind the record 9,885 sold in second-quarter 2005.
There were 1,923 sales where the price was unavailable, but where it could be determined that the price exceeded $1 million because of the size of the mortgage.
San Diego-based DataQuick was acquired in March by Irvine-based CoreLogic, a leading global property information, analytics and data-enabled services provider. CoreLogic DataQuick monitors real estate activity nationwide and provides information to consumers, educational institutions, public agencies, lending institutions, title companies and industry analysts.
The million-dollar transactions include home sales where it could be determined from public records that there was a buyer, a seller, that money changed hands, and that there was a legal transfer of property ownership. Not included were property swaps, sales of multiple lots, sales where no price or loan amount was available, teardowns, and large farm or ranch properties. Sales to companies and trusts were included.
Last quarter 3,882 of the homes that sold for $1 million or more were purchased with cash. In the luxury market, the higher the price, the more frequently cash was used. Of those who did finance their purchase last quarter, the median down payment was 30.0 percent of the purchase price.
The lending institutions most willing to provide mortgage financing for homes that sold for $1 million-plus were Wells Fargo, Union Bank and Bank of America.
The most expensive confirmed purchase last quarter was a 11,637-square-foot, 4-bedroom, 6-bathroom Westwood mansion built in 1931 which sold for $45,000,000 in May. The largest was a 16,840 sq.ft. 6-bedroom, 13-bathroom mansion in Indian Wells that sold for $4.5 million.
In some communities virtually all home sales were in the million-dollar category. Among them: Hillsborough, Rancho Santa Fe, Atherton and Los Altos.
Newly-built homes accounted for 8.8 percent of last quarterĂ¢€™s $1 million-plus sales. Condo sales made up 10.1 percent. Most $1 million-plus condos were sold in Los Angeles, San Francisco and San Diego counties.
The median-sized $1 million-plus home was 2,400 sq.ft. with 4 bedrooms and 3 bathrooms. The median price paid per square foot for all million-dollar homes last quarter was $729, up 7.6 percent from $678 in second-quarter 2013. For the overall California market, the square-foot median was $226 last quarter, up 13.0 percent from $200 in second-quarter 2013, CoreLogic DataQuick reported.
There are 8.85 million houses and condos in California. Of those, 277,666 are assessed for more than a million dollars by county assessor offices, CoreLogic DataQuick reported.
To view the ranking of cities by the number of million-dollar home sales, please visit DQNews.com.


Friday, August 28, 2015

Multi-Million dollar home in Escondido on the auction block



19101 Fortuna Del Este 92029 



RECENTLY OFFERED FOR $12.5 MILLION. NOW SELLING AT OR ABOVE $5 MILLION! This mountaintop estate is one of the most unique and intriguing homes in all of San Diego County! Perched atop Paint Mountain on more than 18 acres, the Property offers striking, 360-degree views of Southern California, with vistas stretching all the way to the Pacific Ocean. Sunsets are especially spectacular when viewed from one of the estate’s many terraces, or while soaking in the one-of-a-kind lap pool.

The mansion’s unique design was custom-created by its original owner, a wealthy inventor, investor, and physician. Materials and craftsmen were imported from all over the world to produce the sprawling residential structure. In fact, the development of the estate became quite a local attraction, with random visitors constantly driving onto the project site just to capture a peak of the work in progress.

An immense, 288,000-gallon lap pool is perhaps the residence’s most striking feature, as it runs through the property’s central courtyard and out towards its back lawn, where it seems to disappear over the edge of the mountain. It is purported to be one of the longest residential pools in the world!



Massive walls of glass, unique water features, and a striking central courtyard with a pool and spa allows for a seamless integration between the estate’s indoor and outdoor living spaces. Many features of the home seem well beyond their time, such as 10-ft by 10ft doors that gently swing open on special, hidden hinges, and oversized, electronically controlled sliding glass doors that open the main level’s hallways to the central courtyard.

The tri-level estate offers more than 23,000 interior sq. ft., with 8 bedrooms, 9 full and 2 half baths. The master suite alone measures 4,300 sq. ft., and opens to a large, rooftop terrace. There is also a separate guesthouse, which adds 2 beds, 2 full baths and approximately 1,200 sq. ft. of living space, an ideal location for on-site staff. (Note: The guesthouse is presently unfinished).

Additional features of the mansion include two living rooms, a game/media parlor, formal dining room with glass walls and a revolving floor (designed to allow all dinner guests to enjoy the panoramic views during their meal), a dedicated theatre, fitness center, executive office, and sauna. The commercial-grade kitchen includes a Teppanyaki station, Viking and Wolf appliances, and a separate prep room. There is also a wine cellar and a garage capable of accommodating more than 20 cars.

In addition to it’s incredible pool, the estate’s water features include two, 900-gallon salt-water aquariums, gentle stone “wall waterfalls,” and various koi pools. There is even a custom rock waterslide that slopes down the edge of the mountain, terminating in a small plunge pool. Other outdoor features include a gated entry, circular driveway with porte-cochere, and a private jogging path that encircles the estate.

Discover more about this incredible “Mansion in the Sky” in the luxury auctionSMBidder’s Brochure.




THE COMMUNITY


ELFIN FOREST AND PAINT MOUNTAIN. Elfin Forest is an unincorporated community in the foothills of San Diego County’s Santa Rosa Mountains. It is bordered on the south by Rancho Santa Fe (the Property is in fact located within the Rancho Santa Fe school district). A rural area comprised of large homes and estates on multi-acre parcels, Elfin Forest offers many rolling hills and trails.

The area is also home to the Elfin Forest Recreational Reserve, a 784-acre reserve with 11 miles of trails for hiking, mountain biking, and horseback riding, in addition to many beautiful spots for picnics, or simply taking in the mountain views. The Reserve supports many endangered plants and animals (such as the rare gnatcatcher bird, known for its curious “meow” sound).

The term “Elfin Forest” is also used as a general description of the various types of vegetation that populate the area and that in fact cover most of Southern California.

Paint Mountain is one of the many mountains in Elfin Forest. Part of its eastern slope is protected by the Escondido Creek Conservation Area as part of the Greenlands Preserve. A number of large, luxury homes are dotted along the western face of the mountain (with the subject Property being located at its pinnacle). From the top of Paint Mountain, there are views in all directions, ranging from the beautiful collection of mountains and hills in the surrounding area to the glistening Pacific Ocean in the distance.




THE LOCATION


ESCONDIDO, CALIFORNIA. Escondido is a vibrant city located just 20 minutes from the Pacific coast and 30 miles northeast of downtown San Diego. It occupies approximately 37 square miles, much of it consisting of gently rolling hills and mountains, in addition to avocado and citrus groves.

Its sprawling landscapes offer plenty of opportunities for enjoying the outdoors. Golfing (there are five courses in the area), hiking, cycling (especially on Palomar Mountain), and fishing (at one of three lakes) are all popular, year-round activities. The historic downtown area offers a charming mix of art galleries and boutiques, in addition to world-class retail stores and the largest automotive park in Southern California. Escondido also has its fair share of theater and cultural arts venues, in addition to a number of wineries and craft breweries.

The city is also home to the California Center for the Arts, Escondido, a unique performing arts complex, museum, and conference center; the San Diego Zoo Safari Park, an expansive wildlife sanctuary; the amazing sculpture garden, Queen

Califia’s Magical Circle, created by the late world-acclaimed artist Niki de Saint Phalle; Cruisin’ Grand Escondido, one of the greatest ongoing traditions in San Diego County; the San Diego Children’s Discovery Museum; and the Daley Ranch, a wilderness preserve with extensive hiking, biking and equestrian trails. (Information provided by VisitEscondido.com).