Fred Ehmann

Glimmer of Hope

Maybe the demoralizing statistics released at the end of February will be tempered by the ‘Audacity of Hope for November’ and will result in a less pessimistic conclusion of a double dip recession.  Conservative columnist Morris Beschloss’s multi-fold reason for an optimistic outlook:

1) The Washington, D.C. impact of crushing debt engendered by the Obama initiatives will have been dissipated. The tidal wave of anti-incumbency popular reaction coming in November will neutralize any shred of dominance that the White House is asserting on the survival of independent businesses.

2) The amazingly strong recovery by the world’s emerging nations— China, India, Taiwan, South Korea, Brazil, Russia, etc.— are already eclipsing the U.S. comeback. This will have a salutary effect on America’s exports, which are rapidly becoming a lead sector in the U.S. recovery.

3) The liquidity generated both internally and through investment input into U.S. businesses is on the uptick, warding off a repetition of the mid-2008 financial meltdown crisis .

4) Even a pending commercial development disaster will be moderated by combined actions taken by the Federal Reserve Board and the U.S. Treasury. This will protect a majority of the banks that could have gone under without remedial action being taken.

5) Deflation, which has stratified the Japanese recession for the past decade will not be repeated in the U.S. Despite an inflationary stasis within the American economy, general business will be on the upswing, even if ever so slowly at this time. By the second half of 2010, inventory liquidation will have ended as overall demand will force tens of thousands of companies to expand their activities, even cutting into unemployment ever so slightly.

6) If there is an expected super reversal in the U.S. Congress’ political composition in November, expect a business boom to be rekindled, setting off the first real forward motion the American business sector has witnessed since 2007.

Don’t miss out on the investment opportunities which abound in the Coastal San Diego cites of Carlsbad, Encinitas and Solana Beach.  Contact me at fehmann@roadrunnder.com or go to my web page:  www.fredehmann.com .

Posted at 02:02PM Mar 09, 2010 by Fred in General  |  Comments[0]

North Coast San Diego County Real Estate Sales

North Coastal San Diego County January Sales Profile – 82 sales in the first month of 2010 in this coastal region.  The bulk of these were in the $600k or less range, which continues reflect a very small inventory.  Prices ranged from $421k to $7.8M, the latter being a new home in Rancho Santa Fe.  There were actually 11 sales in Rancho Santa Fe for a total of $38.2M which represented a 13% discount from the current listing price.  However, one of the large sales was reduced by 46% from the original asking price.  This compares with a 5% to 6% decrease in price in Solana Beach and Encinitas on the homes sold over $1M.  There are real deals available to the luxury home buyer all over San Diego County.  Want to see more statistics or actual opportunities?  Contact me at fehmann@roadrunner.com or visit my web page at www.fredehmann.com.

Posted at 04:15PM Feb 01, 2010 by Fred in Real Estate  |  Comments[0]

Cardiff by the Sea 2009

Cardiff by the Sea is part of Encinitas but has its own zip code and has long been considered separately from Encinitas because of its unique position overlooking Swami’s beach, the Self Realization Center and most importantly its commanding white water views of the Pacific Ocean.  Real Estate prices tend to emulate this because of its location adjacent to the San Elijo Lagoon.  In 2009 there were a total of 97 sales in this zip code, 40 of which were attached as in Condo, twin homes or townhomes, ranging in price from $215k to over $1M.  24 of these sales were under $500k.  57 sales were of detached single family homes ranging in price from $410k to $3.5m for luxury estates with full ocean views.  Almost 25% of these sales exceeded $1M, which was driven by the vacation home market and the unique community feel afforded by this village.  Interested in this special community, Cardiff by the Sea?  Email me direct for the list of discounted opportunities for purchase in this area:  fehmann@roadunner.com.

Posted at 03:59PM Jan 27, 2010 by Fred in Real Estate  |  Comments[0]

Solana Beach 2009

Solana Beach California to the south of Encinitas and across the San Dieguito Lagoon from ritzy Del Mar affords a variety of real estate.  Many homes with majestic ocean views on the cliffs and some with distant views from properties to the east of I-5.  Many are vacation condos as in the Del Mar Beach Club.  The Lomas Santa Fe Golf Course is just east of I-5, and offers homes and condos with golf course views.  67 single family homes were sold in Solana Beach in 2009, 30 of those were under $1M and 30 between $1M and $2M with 7 sales over $2M in Solana Beach.  In addition there were 87 attached homes sold – 29 under $500k and 58 or $500k.  If that vacation home has eluded you, now is the time.  Email me direct for examples of these opportunities.  fehmann@roadrunner.com.

Posted at 01:35PM Jan 14, 2010 by Fred in Real Estate  |  Comments[0]

Encinitas Surfing Capitol

Encinitas California known for great surfing and warm sandy beaches begs for both the active and not so active locals and tourists.  It has always been a desired location for real estate buyers, but now more than ever offering the affordable vacation home condo to the luxury estate in Olivenhain.  380 homes sold in Zip 92024 in 2009 ranging in price from $162,700 to $3.2M.  203 single family homes under $1M and 95 attached homes under $500k.   It is now possible for an investor purchase to cash flow!  Also a great time to up grade to that estate property with an ocean view at greatly reduced prices.  Don’t be fooled that only the foreclosures and short sales are great deals – there are real sellers with equity who need to sell also. Go to my web site: www.fredehmann.com  for details, email or call me direct for the opportunities.

Posted at 01:23PM Jan 05, 2010 by Fred in Real Estate  |  Comments[0]