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Frank Rashid
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Selling? Buying? Property Mgmt? Experience you can trust...Knowledge you can count on...Serving San Diego with integrity since 2001! Frank Rashid (rashid@rashidrealty.com)
Selling? Buying? Property Mgmt? Experience you can trust...Knowledge you can count on...Serving San Diego with integrity since 2001! Frank Rashid (rashid@rashidrealty.com)

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San Diego Real Estate Report May 2017: Property sale prices in went up 16.2% compared to last month. Buyers also found more choices as new listing inventory increased. Yet, despite the increase new listing inventory, overall total inventory went down by just a bit (by 3.4%) as homes more homes sold then entered the market place. We continue to remain in a sellers' market but motivated buyers that are willing to pay premium prices are having more choices. There is chatter of another bubble which is making sellers nervous with indecision on whether to hold or sell their rentals. My recommendation is to hold on tightly to rental investment properties as rents are going nowhere but up. The newer generation is more inclined to rent then own because it gives them the freedom to move about, travel and explore other pursuits in life. We are headed into interesting times. Got Qs...contact me for a professional estimate for selling or renting your home. Click here for the full report: http://www.rashidrealty.com/pages/Market_Action_Report.pdf

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San Diego Real Estate Report Apr 2017: Property sale prices in April stayed at the same level compared to last month but 3-month average has been trending upwards since early fall going from $675,000 and now hovering shy of $750,000; We saw this spike in January of 2015. Number of new listings on the market was same as last month...still very low. Consequently, like last month, we continue remain in a buying frenzy (market times now averaging 21 days) with a superb 99.7% average list to sell price ratio and in nearly all cases seeing multiple offers. Got Qs...contact me for a professional estimate for selling or renting your home. Click here for the full report: http://www.rashidrealty.com/pages/Market_Action_Report.pdf

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Frank Rashid awarded the 2016 Real Estate Circle of Excellence by the San Diego Association of Realtor (SDAR)
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San Diego Real Estate Report Mar 2017: Property sale prices in March were up a whoping 58.1% from last month; the number of new listings on the market was up 40.1% from last month but still down 16.5% compared to last March which means that inventory, despite the uptick, remains very low for early spring numbers which should be in the mid-500s. Consequently, we remain in a buying frenzy with a 99% list to sell price ratio and in nearly all cases seeing multiple offers. Award Winning Customer Service remains my priority. Please give me a call for an accurate market analysis of your home for both selling or renting out and visit my website for our fees breakdown and performance testimonials. Click here for the full report: http://www.rashidrealty.com/pages/Market_Action_Report.pdf


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Frank Rashid recognized with the circle of excellence award by Coldwell Banker
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San Diego Real Estate Report Jan 2017: Wow! What a January... Inventory levels are the lowest they have been over past 3 years. Number of new listings in went up to 271 homes, twice of what we had in December. We are in multiple counter offer situations with most well priced homes. Homes are now back to selling themselves, and as your trusted realtor, I can help you position and optimize your net proceeds. The trends are identical to what we saw in 2005 with the (significant) exception being lending guidelines remain tight. Median sales price have stayed stable. Average selling price per square foot went up by 7.1% from January of last year! Despite these temporary ups and downs, my goal continues to remain your trusted real estate agent for your long term personal/family needs and financial growth. I will give you the best guidance available reminding you to keep the bigger picture in mind and pursue stressfree living with measured risks. My past clients, recommendations, and performance history can be publicly verified and speaks for itself. Thank you, friends, for your continued support, trust and confidence in me. Looking forward to another great year in Real Estate. Click here for the full report: http://www.rashidrealty.com/pages/Market_Action_Report.pdf

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San Diego Real Estate Report Dec 2016: Happy new year, Friends! The San Diego real estate saga continues with December sales down 34.6% lower than last month and at their lowest levels compared to December of 2015 and 2014. Inventory levels at 222 was also at the lowest level compared to Dec 2015 and 2014. Consequently, median sales price rose by 4.3%. Number of new listings in December were 135 homes!! It is a definite wait and watch scenario for buyers and sell, if you have something to buy, for sellers. Renting out your current home seems to be the way to go. Rents have continually risen for the past 2 years and rentals remain in strong demand. Click here for the full report: http://www.rashidrealty.com/pages/Market_Action_Report.pdf

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San Diego Real Estate Report Nov 2016: November is generally considered a slow month for San Diego. Median sale price went down 2.5% from last month; number of new listings on the market down 22% last month compared to 37.9% this time last year in November (due to reduced inventory levels to begin with!). List to sell price ratio remains high at 98.3% and homes averaging 33 days on the market. I am seeing high demand for correctly priced and staged homes with multiple offers and shorter average market times. Industry wide, we also seeing a 1 out of 5 escrow fall out on average in North County Inland. Experienced agents' ratios are significantly better. Its been a good year in Real Estate. Thank you for making us #1 on your list! Wishing you and your family Happy Holidays and a safe winter break. See you in 2017! Click here for the full report: http://www.rashidrealty.com/pages/Market_Action_Report.pdf
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