In addition to his educational qualifications, Tom Mattix is consistently backed by his clients, who appreciate his attention to detail, discipline, and vibrant personality. To show their appreciation, Tom has been recognized as one of the top-ten real estate agents in all of San Diego County by the San Diego’s Best 2011 Union-Tribune. That coupled with being chosen as the “Five Star: Best in Client Satisfaction Real Estate Agent” every single year since the award’s inception in 2007, and having the highest scores possible as a Quality Service Platinum Certified (QSC) professional truly shows that Tom Mattix is one of the premier San Diego REALTORs®. >>> Read Testimonials From Previous Clients
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December 26, 2014 by Tom Mattix
Every December, Trulia takes a look at a multitude of economic data and picks the top real estate markets to watch in the new year. Not surprising, San Diego is included as one of the top 10 markets. First, it is important to understand what is it that drives real estate market trends given where we are in the current stage of the housing recovery? Well, the real estate market is now increasingly dependent on strong economic and demographic fundamentals such as job growth, rising incomes, and more household formation. Because of this, Trulia’s top10 market list is comprised of locations where there exists strong fundamentals for housing activity including: solid job growth, which fuels housing demand; a low vacancy rate, which spurs construction; and markets with a higher share of millennials. These young adults are getting back to work and that will drive household formation and housing demand. To paraphrase, … Continue reading
December 10, 2014 by Tom Mattix
Big News for San Diego Real Estate: New 3% Loans For 1st Time Buyers! Intro: Fannie Mae and Freddie Mac, the two giant Government Sponsored Entities (GSE’s), do not make mortgage loans, but instead, buy them from lenders and then wrap them into securities and provide guarantees to make investors whole if the loans default. This procedure provides liquidity in the mortgage market, allowing lenders to make even more loans. Now the News: Both Fannie and Freddie announced details yesterday on a new low down-payment mortgage program which is designed to open homeownership to thousands of cash-strapped first time borrowers with down payments as low as 3%. Some of the details: 3% downpayment loans will be made available only to first-time buyers….defined as buyers who haven’t owned a home for at least 3 years or those buyers who do not make more than their area’s median income. Many of … Continue reading
December 8, 2014 by Tom Mattix
San Diego Real Estate Listing: 16996 Deer Hill Estates One-of-a kind Santa Fe type estate @ 33% the cost! 23 acres surrounded by never-to-be-built upon open space with incredible 270 degree views of mountains, ocean and Mexico. This unique “over the top” estate sits on top of the highest peak in the area with incredible 270 degree panoramic views –reputed to be the best in the county!Sunrise & sunsets anyone? Enjoy 23 acres of serenity and privacy, surrounded by open space, in a custom-built 3,741-square-foot, 4 bedroom, 3.5 bath resort with luxurious interiors, the highest-quality furnishings, hiking and off-road trails, XL 3 car garage with a tool room, room for a guest house & RV, plus an outdoor oasis featuring a vanishing-edge pool/spa, putting green, 2 covered patios, built-in BBQ, & firepit. Horses OK. See virtual tour at www.SanDiegoBestView.com
December 3, 2014 by Tom Mattix
1251 Parker Place, Unit 2G in Pacific Beach: $495K. Tom’s latest San Diego Real Estate update is his recent sold property, a beautiful unit “in the sand” at the best possible location along beautiful Sail Bay. From this home in the San Remo complex, you have gorgeous views of the Bay, Fanuel Park, & Sea World fireworks. Plus, you are right on the Boardwalk and a 7 minute walk to the ocean, PB restaurants and attractions. This home was also just remodeled and upgraded . The buyers will be using this lovely unit as a “get-away”, second home for family and friends to enjoy! See the virtual tour. Tom represented both the buyers and sellers.
November 21, 2014 by Tom Mattix
Several days ago, I wrote a post regarding Zillow’s latest housing price appreciation expectations through CY2019. You can read the post below but to summarize, 107 economists, etc., estimated that price appreciation throughout the nation, on average, will increase by 23.5%. I would like to follow up on that post a bit and attempt to answer a related question which I am getting with good regularity and that is: Question: ” It appears that the local market is fairly flat at the moment. If true, what is causing this?” Answer: I think most real estate folks in the know would say that at the moment, the market has slowed significantly from 2013 when we had a huge run-up in prices and closed sales. At present, year-over-year appreciation is running at a near normal rate of between 6.5 and 7.5%, inventory has increased fairly dramatically and the pace of closed escrows has decreased. It’s … Continue reading
November 19, 2014 by Tom Mattix
The latest Zillow Home Price Expectations Survey was just recently released and I thought that I would share the results as they pertain to San Diego Real Estate. The survey of 107 economists, real estate experts and investment and market strategists asked panelists to predict the path of home values across the nation through 2019. The 107 panelists predicted home prices to grow, on average: 4.8% for all of 2014 An additional increase of: 2015: 3.9% 2016: 3.5% 2017: 3.7% 2018: 3.8% 2019: 3.8% The above estimates equate to a cumulative mean price appreciation expectation across the nation of 23.5% through the end of CY-2019. Again, it must be stressed that these estimates are for the U.S. at large and every region and community will appreciate at different rates over different time periods. Historically, the San Diego region has been a “bellweather” for the rest of the … Continue reading
November 17, 2014 by Tom Mattix
This San Diego real estate video report covers central San Diego County by providing data for 20 communities (e.g., Pacific Beach, downtown, Scripps Ranch, etc.). In this report I will specifically address the latest data and trends for both detached and attached (condo) homes on sales, median prices, inventory, changes from the previous month and the same month last year, interest rate trends and more. The video you are about to see is an abbreviated version of my more in-depth “Real Estate Report” which can be viewed as a printable pdf and is available online HERE.
October 17, 2014 by Tom Mattix
New San Diego Real Estate Listing: 2153 Grand Ave, Pacific Beach: $670,000 Are you looking for a detached home which strands out amongst all others…one which is extraordinarily unique and truly one-of-a-kind? Oh, but you also want it at the beach where you’ll have the ocean, Sail Bay & all PB attractions within a 15 minute stroll? Well then STOP! I have that very home and it was just listed today! Stunningly gorgeous, this highly upgraded detached home (not a condo) has 3 large BRMS, 2.5 BAs, 1766 sq ft, an open floor plan, 2 patios, a bit of a view, 2 car garage, inside laundry, tons of storage, & here’s the unique part…a TWO STORY 171 sq ft SUNROOM! Call Tom @ 619-818-6442 for additional details. View the virtual tour here.