A Stunning $441 Billion Paid in Rent

A recently released study revealed that a whopping $441 Billion was spent on rents in the U.S. in 2014. This represents an increase of over $20 Billion from the year before. As shown on the chart below, rents have increased consistently over the last 20+ years.

However, the recent increases have been astounding.

Why such a jump?

Many Millennials have postponed the purchase of their first home while waiting for the economy to recover. This has increased demand and dramatically lowered vacancy rates. In a recent article on the MarketWatch, economics reporter Ruth Mantell explains:

“Landlords have ramped up rents by the fastest pace in six years, with national vacancy rates the lowest in two decades.”

Zillow Chief Economist Stan Humphries let us know that increases will continue:

“Another increase in total rent paid similar to that seen this year isn't out of the question. In fact, it's probable."

Looking to Buy, Sell, or Invest? Contact:

David Demangos

858.232.8410
Locally Known, Globally Connected
Luxury Home Marketing Specialist
Global Property Specialist

David@AwesomeSanDiegoRealEstate.com
www.AwesomeSanDiegoRealEstate.com
Our Team Goes to Extremes to Fulfill Your Real Estate Dreams!

Unexpected Awesome San Diego Real Estate Testimonial

AwesomeSanDiegoRealEstate.com never asked for this, and yet we love receiving these! Who do you know looking to buy, sell, relocate, or invest in Real Estate? Contact:

David Demangos

858.232.8410858.232.8410
Locally Known, Globally Connected
Luxury Home Marketing Specialist

Global Property SpecialistDavid@AwesomeSanDiegoRealEstate.com
www.AwesomeSanDiegoRealEstate.com
Our Team Goes to Extremes to Fulfill Your Real Estate Dreams!

Testimonial for my new book "How to Save Money with an Efficient Home"

CJ invested $2.99 and saved over $1,200 in his first month by reading "How to Save Money with an Efficient Home."

Click on http://www.amazon.com/dp/B00OPJED32 to become an owner of "How to Save Money with an Efficient Home."

Looking to Buy, Sell, or Invest? Contact:

David Demangos

858.232.8410
Locally Known, Globally Connected
Luxury Home Marketing Specialist
Global Property Specialist

David@AwesomeSanDiegoRealEstate.com
www.AwesomeSanDiegoRealEstate.com
Our Team Goes to Extremes to Fulfill Your Real Estate Dreams!

Visual Treat for a Small Home

Rarely the focal point of a room, the triangular shape of under-stairs space comes out from the shadows when fitted with display shelves and a small storage cabinet. The dual purpose is perfect for small houses where space is at a premium.

Have you seen the new "tiny" houses?

Looking to buy, sell or invest? Contact:

David Demangos

858.232.8410
Locally Known, Globally Connected
Luxury Home Marketing Specialist
Global Property Specialist

David@AwesomeSanDiegoRealEstate.com
www.AwesomeSanDiegoRealEstate.com
Our Team Goes to Extremes to Fulfill Your Real Estate Dreams!

Reasons to Purchase a Home in California

Looking to Buy, Sell, or Invest in California? Contact:

David Demangos

858.232.8410
Locally Known, Globally Connected
Luxury Home Marketing Specialist
Global Property Specialist

David@AwesomeSanDiegoRealEstate.com
www.AwesomeSanDiegoRealEstate.com
Our Team Goes to Extremes to Fulfill Your Real Estate Dreams!

How to Create the Garage Workshop of Your Dreams

Garages often harbor a not-so-secret second life: heroic home workshop. They’re well-suited to the task, with a tolerance for the noise and dust of do-it-yourself projects.

But if a garage workshop isn’t comfortable and convenient to use, you’ll avoid projects rather than enjoy them. Here are the essentials:

Adequate work space. Ideally, you’ll need room to work even when your cars are parked inside. Figure a minimum area of 10 ft. long and 6 ft. deep. Appropriate storage. Places for tools and supplies are mandatory — the top of your work surface doesn’t count!

Excellent lighting. Both task and ambient lighting help keep you safe and projects mistake-free. Durable surfaces. Pound away on your work surface — it can take it.

Easy-to-clean environment.
You can assemble a basic workbench, cabinets, shelving, and add simple overhead lighting for less than $500. At the other end of the spectrum, there’s no end; you can spend tens of thousands of dollars creating an ultimate garage shop showplace.

Home Values Compared to the Peak of 2006-2007

There is no doubt that the housing market has recovered from the meltdown that occurred just a few short years ago. However, in some states home values still have not returned to the prices we saw in 2006 and 2007. Here is a breakdown showing where current prices are in each state as compared to peak prices.   Looking to buy, sell or invest in Real Estate? Contact: David Demangos 858.232.8410 Locally Known, Globally Connected Luxury Home Marketing Specialist Global Property Specialist David@AwesomeSanDiegoRealEstate.com www.AwesomeSanDiegoRealEstate.com Our Team Goes to Extremes to Fulfill Your Real Estate Dreams!

The REAL Reasons Americans Buy a Home

The Joint Center for Housing Studies at Harvard University performs a study every year surveying participants for the reasons that American’s feel are most important in regards to homeownership.

There’s No Place Like Home

The top 4 reasons to own a home cited by respondents were not financial.

1. It means having a good place to raise children; provide them with a good education

From the best neighborhoods to the best school districts, even those without children at the time of purchasing their home, may have this in the back of their mind as a major reason for choosing the location of the home that they purchase.

2. You have a physical structure where you and your family feel safe

It is no surprise that having a place to call home with all that means in comfort and security is the #2 reason.

3. It allows you to have more space for your family

Whether your family is expanding, or an older family member is moving in, having a home that fits your needs is a close third on the list.

Year-over-Year Change in Home Sales by Price Point

Looking to buy, sell or invest in Real Estate? Contact: David Demangos 858.232.8410 Locally Known, Globally Connected Luxury Home Marketing Specialist Global Property Specialist David@AwesomeSanDiegoRealEstate.com www.AwesomeSanDiegoRealEstate.com Our Team Goes to Extremes to Fulfill Your Real Estate Dreams!

Recycle Your Christmas Tree Free in San Diego, California

Mayor Kevin L. Faulconer is reminding San Diegans that the City will collect and recycle Christmas trees for free over the next few weeks. The program is available at locations in neighborhoods across the city.

“San Diegans, we’re here to help during this holiday season,” Mayor Faulconer said. “Not sure what to do with your Christmas tree? The City will collect your tree and recycle it for you. It’s an easy and convenient way to make sure your tree gets recycled properly.”

The City’s 41st Annual Christmas Tree Recycling Program begins Friday, Dec. 26, and runs through Jan. 23. This year’s program offers 16 locations where residents can go to drop off their tree for recycling. The City also offers curbside pickup of trees for residents who receive curbside yard waste collection from the City.

Mayor Faulconer reminded San Diegans that by recycling trees residents can help reduce the amount of material in the landfill and give holiday trees a second life as compost, mulch or wood chips.

The drop-off locations are in the following neighborhoods:

Think You Should For Sale Buy Owner? Think Again!

Looking to Buy, Sell, or Invest? Contact: David Demangos 858.232.8410 Locally Known, Globally Connected Luxury Home Marketing Specialist Global Property Specialist David@AwesomeSanDiegoRealEstate.com www.AwesomeSanDiegoRealEstate.com Our Team Goes to Extremes to Fulfill Your Real Estate Dreams!