My Analysis of the Real Estate Disposition Corporation's Residential Home Auctions for Oceanside and Carlsbad http://www.ushomeauction.com/I have many clients, and also realtors like myself, looking at auctions as a potential way of finding properties under value. The trustee sale auctions which occur at the end of the foreclosure process seem to be frequented by professionals of the auction business who are able to pay cash for purchased properties. The average buyer does not have the knowledge or capital to compete at this level. And it seems these days, even the professionals are not buying homes like they once did, so lenders are being forced to take back homes as REO(real estate owned: properties now owned by a financial institution). These homes often come show up on the MLS once ... 08/15/2007

June 30, 2007 is a momentous day for Oceanside, CA. Not because of any sort of historic event.Oceanside is growing, and as a result the post office is having problems with their equipment and can no longer efficiently sort the mail to over 32,000 folks living in the 92054 zip code.So, as a result, Oceanside is getting a new zip code.The 92054 area (the west side of town) will be split and there will be a new zip code of 92058 as of June 30, 2007. Thus Oceanside will then have 4 zip codes - 92054, 92056, 92057, and 92058.The boundaries of the new zip code are:on the west - Interstate 5the south - Mission Avenueon the east - North Douglas Driveon the north - Camp PendletonAccording to the post office, both sides of Douglas and Mission will be in the same area code.So, residents of this ar... 06/28/2007

Oceanside, CA is a great place to spend a weekend, a two-week vacation, or a lifetime. It offers a great coastal location, broad sandy beaches, relatively affordable homes, condos and townhomes, and lots of activities for all ages.First-time visitors to Oceanside marvel at the downtown building and activity. High rise condominiums, such as the newly-constructed Oceanside Terraces, are reshaping the  skyline, while the historic Oceanside Pier continues to draw fishermen, sightseers or those out for a lengthy stroll. For those seeking museums and missions, Oceanside has much to offer. The California Surf Museum at 223 North Coast Highway is a surfer's mecca. Not only do they have displays showing the evolution of surfing, they also have a large display of surfboards, ranging from single-f... 06/23/2007

The Oceanside Pier, in the northern end of town, is an intriguing place to visit, as most piers are. Unlike the famous Santa Monica Pier (near Los Angeles) with its carnival rides, restaurants, and a wild collection of residents and tourists whenever you visit, the Oceanside Pier is more conservative. There are no frills (although there is a restaurant at the end – Ruby’s – which offers great views of the ocean, sunsets, and the coastline in a 50’s-style diner atmosphere) and not much to see except the ocean, folks fishing, seagulls begging for handouts, pelicans diving for dinner, and perhaps marveling at the vastness of the sea. Halfway out the pier are restrooms, a bait and tackle shop and the lifeguard station.   The Oceanside Pier, at 1954 feet, is the longest wooden pier on the W... 05/16/2007

Here are the summary statistics from the MLS for Oceanside for the month of December 2006.Most notable was the drop in inventory from the previous month - 18% fewer homes were on the market in December than in November (this was likely due, in part, to the holidays). The prices in Oceanside are remaining pretty stable currently, although attached homes saw a decline from the prior year of 3%, while detached homes rose 1% from 1 year ago.Oceanside offers a wide range of homes in a variety of price ranges. You can choose to live in a newer home in a gated community, a recently built home near or on the golf course, or select one of the pricier properties near the beach or even with ocean frontage. There are also a number of 55+ communities. The town remains the least expensive community, ... 01/29/2007

Here is a summary of the market statistics from the MLS for Oceanside for the month of November.The data show a drop of 10% in the inventory since the previous month, likely due, in part, to the time of year. Again we see that the median price for attached homnes is down 2% from 1 year ago, whereas the median was 1% higher for detached homes than a year ago. There was about a 7-month inventory for attached homes as of Nov. 30, and approximately an 8-month supply for detached.AS OF NOV. 30, 2006ATTACHED HOMESDETACHED HOMESActive456789Sold in Last 6 Months371604Sold/Pending In Last 6 months477770Absorption Rate (Solds)221 days235 daysAbsorption Rate (Solds Plus Pendings)172 days184 daysAverage Days on Market6662Median Price Change From 1 Year Ago-2%1%Median Price$335,822$537,000Chg. in MD... 12/29/2006

Here are the summary statistics from the MLS for Oceanside for the month of October. The statistics show a drop in inventory since September, and a small drop in Median price for attached homes from 1 year ago, but no change in MEdian from the prior month for either attached or detached homes.AS OF OCT. 31, 2006ATTACHED HOMESDETACHED HOMESActive520870Sold in Last 6 Months435656Sold/Pending In Last 6 months553807Absorption Rate (Solds)216 days239 daysAbsorption Rate (Solds Plus Pendings)169 days194 daysAverage Days on Market6562Median Price Change From 1 Year Ago-2%2%Median Price$336,668$541,667Chg. in MDN from prior month0%0%Average Price$374,466$570,776New to Market (Oct.)85201Pending in Oct. 65 (16 new in Oct.)104 (37 new in Oct.)Please let me know if there are any questions or I can ... 12/29/2006

The San Diego Chargers appear headed to the Super Bowl and the San Diego housing market appears to have found it's bottom. Forecasting what will happen next is anybody's guess however homes that are a) not condo's and b) not cookie cutter, seem to be selling faster and close to or even above asking price. Today is Monday, December 11th and the interest rate decreases we've been seeing over the past two weeks may be driving some of the recent activity.As an active, full time real estate consultant with listings and buyers, I can speak from my own experience in saying that business has picked up however, I wouldn't start crowing about it like this unless I was hearing the same thing from the other professionals I interface with at the office, at open houses, on caravans and on the phone. ... 12/11/2006

Here are the market statistics complied from the MLS for the month of September for the Oceanside, CA  real estate market (I report these every month for the communities I service along the coast in San Diego County). The Oceanside real estate inventory has dropped for both attached and detached homes from August. However the total number of sales in the last 6 months also declined a bit as compared to the stats at the end of August. Prices are about the same, with a small decrease in the median price for detached homes from August. The absorption rate crept up by about a week for both types of homes as compared to the end of August. The median price was the same for attached homes but dropped about .4% ($2K) for detached homes. Keep in mind this is only 1 month of data, and one cannot ... 10/26/2006