| Vista, CA Real Estate (Zip Codes 92081, 92083, 92084) |
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About Vista
Located just seven miles inland from the Pacific Ocean in northern San Diego County, the City of Vista has a perfect mild Mediterranean climate. Residents enjoy a wide range of year-round outdoor activities in a setting of gentle rolling hills and pleasant rural surroundings. With more than 25 educational institutions for Vista youth, and a business park that is home to over 850 companies, it is no wonder that Vista has been named one of the 50 Fabulous Places to raise your family". With a population of of 97,513 Vista has a rich history and progressive future. (extract from the Vista City web site)
Bank Owned Homes in VistaLet us help you purchase a bank owned home and rebate you 25% of our commission (subject to bank approval) on homes selling for $400K or more. If you are ready to jump and financially qualified we can help steer you through the bank rapids to potentially the home of your dreams at a bargain price and receive $1000's in a rebate.
Short Sales in VistaWe can help you purchase a short sale home. However, please bear in mind this can become a very complex time consuming process that can takes many months and still lead to disappointment. In many cases a short sale home must be bought "as is" with minimal warranties. Many normal sale homes are priced aggressively and you may find one that meets your needs at a great price that will be far easier to purchase. We can rebate 25% of of our commission on a normal sale over $400K in value and this will help you cover closing costs. We are experts in finding the right homes for clients in North County San Diego and can negotiate the very best price for you and help you cover those closing costs.
Market Trends in VistaMarket Trends Summary for Vista
The spreadsheets below track two key metrics to help determine the state of the housing market for Vista zip codes. One metric measure what percentage of homes are "distressed". These are homes where the home owner is having difficulty paying of the loan. In an extreme case the home becomes bank owned and is a bank sale but in many cases a bank will allow for a short sale where the home is sold and only part of the loan is paid off with the proceeds thus falling short of the full loan amount. We have a distressed home expert on our team to help you navigate this complex area if unfortunately you are in this predicament. As distressed homes are typically sold below market value the higher the percentage of distressed homes in an area the more likely home prices will remain depressed. A high inventory of homes for sale relative to how many homes are sold is another key factor. The spreadsheet below calculates the distressed home % and then also calculates how many months it will take to sell off the current inventory of homes for sales. Please refer to the active column for how many homes are for sale in a given month. High inventory and high % of distressed homes have plagued the USA home market for the last few years but not all areas are the same. Not only do zip codes vary but developments and even streets in an area can buck a negative trend. When we develop an analysis of your home you may wish to sell or purchase we take into account all these factors and more. Please email us or call us more information. All statistics quoted below were derived from Sandicor's MLS data and used with their kind permission. Information on bank and short sales is based on how agents code their MLS information and may not always be 100% accurate. However, the overall trends indicate should be meaningful. The information here is owned by our brokerage office is provided to help homeowners and buyers understand their specific local market conditions. Use by other parties requires our written approval. ZIP 92081 Market Trends January saw a slight improvement in the distressed sales numbers and with 64 homes for sale in early February a lower proportion are distressed sales with 6 bank owned and 20 short sales. Hopefully the slight improvement here can be maintained.
ZIP 92083 Market Trends A rather disappointing start to the year with 53% of the homes sold in January distressed and still many on the market so little relief spotted here. ZIP 92084 Market Trends
Finally, a Vista zip with some zip! December say the most homes sold in the three years since we started collecting data. The year say an average distressed sales at 50% but this has been a steady decline in three years. Inventory is low and with high sales and in this less depressing market sellers may find some optimism here. January was not a great start with 47% of the homes sold here distressed but only 37 of the 95 detached homes for sale in early February were distressed.
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