Mike Anderson, Compass Realtor

Home on the Hill! A friend of mine is selling his home, on a private drive off Los Coches Rd in Lakeside, and graciously allowed me to share the details here! If this is something you might be interested in, let me know; I can set up a private, safe showing for us! Message me for more details. 4 Bedrooms... 4.5 Baths 2.28 acres Incredible views! List price $1,150,000 Gorgeous!! Presenting a beautiful, spacious, hilltop home located on 2.28 acres with spectacular panoramic views and extreme privacy. 3 large bedrooms each with a full bath plus an optional 4th bedroom or office. Large kitchen that flows seamlessly into the family room for ease of daily living. Living room with fireplace adjoins the formal dining area. 4th bedroom/office on ground floor. Master bedroom has a fireplace, and balcony overlooking the beautiful pool and spa area, with full bathroom access from outside. 4-car garage with tons of cabinets plus plenty of RV parking and sewage dump. Barnmaster 3-stall barn w/12x12 tack room, large turnout and miles of horseback riding as the home backs up to County open space preserve for horses and hiker use only. Plenty of room for an ADU. Get back to me, I'm available this weekend!

Some news about rent increases. Renters, is it a good time to purchase a home? Values are rising, interest rates are still extremely low... Let's talk!

Some words of wisdom for everyone. I'm just happy my life's work isn't playing golf.

Here's wishing you good health, wealth, and happiness in the new year, and let's defeat this COVID virus so we can move on!

DID YOU KNOW? Home prices were up 8.4% year over year in October, according to the monthly S&P/Case-Shiller U.S. National Home Price Index. The biggest rate of price increases was reported in Phoenix, Seattle and San Diego, all of which saw home prices climb more than 10% from October 2019. (Case-Shiller) What will 2021 bring us? More of the same?!

Attention first time home-buyers!! Here's a little something that might help you out if you plan on buying in 2021. Give me a call and let's get started!

DID YOU KNOW? Brian Buffini sees three things that will affect the market in 2021: 1. Decentralization: People are moving into the suburbs and beyond. One of the greatest indicators is what renters are doing. 2. The Changing Face of Relocation. Remote workers are on the move. Between 14 and 23 million plan to relocate due to working remote. 3. Upsizing. People want high-speed internet, kids’ classrooms, more rooms, etc. We’re going to have even more competition in the move-up market.

Holiday cheer on Maine!

A good day, time to go home and keep it going!

Here's some insight on what might happen, and more importantly, why, to the real estate market in 2021. Indicators are a great source of knowledge and insight to the future, and right now we are confronted with several touch-points that are important to note as we anticipate what might happen in 2021: 1. Ultra-low interest rates. They are historically low. They are also fueling rising prices. Seldom - if ever - has there been a weak real estate market in a low interest rate... environment. 2. Limited Inventory. Many areas around the US are experiencing shortages of several types of properties, especially more affordable entry-level homes. More buyers than sellers usually fuels a strong market but can influence volume. 3. High Demand. The demand to buy a new home continues to escalate, fueled further by accelerated plans AND Millennials coming of age to buy. 4. Under-building. The US is under-constructing homes by MILLIONS. 5. COVID Vaccines. They are here and distribution is about to start. Millions will be vaccinated every month. There is now a clear path to significant relief and an end to the pandemic. 6. Stimulus Money. Trillions of dollars are already circulating globally and more is coming to further fuel the economy. 7. Elections. The election insanity of 2020 is coming to a close. By the time the run-offs are complete in January, we will have a better understanding of future direction in the Federal Government. Certainty has value. 8. Bonus Season. Yes, many people will be getting bonuses this year especially in the financial and technology markets where some companies have BOOMED. This capital will fuel real estate markets. 9. Record Equity Markets. Not only do they make people richer, they make them FEEL richer. Moods often drive markets as much as money. 10. The optimism of Spring. Spring markets are often strong markets around the country. They fuel optimism and hope and renewal. So will 2021 deliver a strong real estate market? Hmmmmm......

Escrow is open! 1932 Lilac Lane in Alpine! Thinking of selling... for whatever reason? Let's talk, then start packing! ... Ask me about the Compass Concierge loan! No fees, no interest charged, paid back when I sell your home; this is a great tool to get your property in shape to get the best price possible!

Price improvement on this beauty! Now asking $698,000 - call me to set up a private showing!!

Here's an answer to one of those questions I've been asked of late, "What will happen with the real estate market in 20201?" NAR (National Assoc. of Realtors) Economist Lawrence Yun concluded that 2020 was a recession year, but in 2021 with the vaccine discovery and availability, it will be positive. The interest rate environment will continue to be low and inflation not really a problem. Mortgage rates should remain stable near 3% all the way through 2021. He predicted 2020 ...would end with a 20% increase in new home sales and a 3% increase in existing-home sales compared to 2019. In 2021, he expects new home sales to rise a whopping 23% and existing-home sales to rise 9%. After a 6% rise this year, he expects home prices will rise a more modest 3% in 2021. I don't have a crystal ball, but I do predict I'll have the time and experience to help you with all of your real estate needs in 2021! But you'll need to contact me!

And... we're in escrow!! 12611 Julian Ave., Lakeside. 5 days market time. Thinking of selling? Give me a call, then start packing!!

Instructions on CRMLS that may help!

Now active on the market! $450,000. Reach out to me to schedule a showing or for more information! Click here for a photo tour: tps://click.pstmrk.it/2sm/properties.agentimagery.com%2F12611-julian-ave-lakeside- 75499%2Fbranded/2ZTPhJY/cUpU/kWqEWu7WLa/djFfZGVsaXZlcnk

Spanish Hideaway! Will hit the market Saturday morning, a cute 2-bedroom, 1-bath home, with fireplace, patios, open kitchen and dining room, at 12611 Julian Avenue in Lakeside, CA!! Plenty of parking including a covered carport for two cars, and another RV carport. Reach out to me to schedule a COVID-safe private tour! Professional photos to follow once the sellers finish putting on the final touches. Asking price $450,000.

For sale... look at all that free space behind!

Fair Housing Course online relating to Buyer "Love" Letters!

Out and about this morning! Trying to get back into the routine, I typically walk 2.5 to 3 miles. I never thought I would get into it but it's actually a very nice way to start the day!

Now on the market! This beautiful home in the Wildflower development has been carefully maintained, with so many upgrades and extra touches! Wildflower is a popular community with its own private park and play area, and this home has the additional benefit of backing to an open space area and hills used by hikers, photographers, birds and animals - no homes! A fenced yard with a covered patio and views of the open space area completes the attractive landscaping. Central heati...ng and air, a fireplace, ceiling fans, newer double-pane windows, and remodeled kitchen and baths add to your comforts in this home! 8145 Sinsonte Lane, Lakeside 4 bedrooms, 2 baths, 1518 sq. ft. 2-car garage Listed at $710,000 Contact me for a safe, private showing or more information. DRE #00850095 https://properties.agentimagery.com/9145-sinsonte-l/branded

How Prop 15 hurts local business. From our County Assessor. VOTE NO on 15! Do we really need to pay even MORE taxes?!!!!

More bad news for buyers of new homes... But on the bright side, interest rates are low, right about 3% for qualifying borrowers. Let me know if you're thinking of buying, selling, or even refinancing!!

Another scammer trying to take your money! My mom told me of a recent call (but an old scam) from a young person starting with "Hi grandma!" The scam is to pretend like they're a relative in trouble, out of the country maybe, and need money wired to get home. Preying on the elderly in so many cases!

PRICE IMPROVEMENT! Sellers will entertain offers between $489,000 and $520,000. 1932 Lilac Lane, Alpine, CA.... Little house in the hills! Cute farmhouse-style home, a perfect fit for a small family, or anyone who loves peace, quiet & views! Two bedrooms, one bath, large living room, 1000 SF. The pergola has electric power - a perfect spot to relax and enjoy the panoroma! Front porch & open decks for kicking back! Got an RV? There's room for RVs plus water & electric hookups. Finished shed has power. New Duracool roof! New laminate flooring. Much of the lot has been cleared for fire safety & utility. Central heat/AC plus wood-burning fireplace add to your comfort! Reach out to me ASAP for more information or to schedule a private showing this weekend!!

Some tips on renovating, whether it's in preparation for selling your home or if you want to renovate to fit your own needs and desires. If you're planning to sell, ask me about the Compass Concierge product. It's a loan that provides you with funds up front to renovate, or to use in other ways to prepare for selling. And it's paid back at closing, if you list with me, your Compass agent! No costs, no interest charged. It's a great program!

More updates on the housing market. If you're on the fence about selling your home, give me a call and I can help you make a plan. Depending upon your circumstances, it may be a great time to sell, but not necessarily! Give me a call!

Tomorrow evening! Get out of the hot kitchen and come on down to the Lakeside Rodeo Grounds for some good local food! Support local businesses and local youth through the Stadium Association. I understand this is just the first of many such events, so come on down and help them get it off the ground! BTW, I happen to know that John's Sweetfire BBQ will be serving up some of the spicy "Hot Brats" that we serve at Oktoberfest in El Cajon.

From yesterday's UT! If you're looking to buy real estate, you may have experienced the frustration! If you're looking to sell, this may be the perfect time to give me a call!