Jeannie Savory, The Savory Group, Honored with GSDAR Awards, including Commercial Transaction of the Year

Jeannine SavoryUncategorized

Reading Time: 4 minutes REALTOR® Jeannine Savory with The Savory Group, affiliated with Coldwell Banker West (CBW), was recently honored by the Greater San Diego Association of REALTORS® (GSDAR) with three Award of Excellent honors at GSDAR’s recent Circle of Excellence awards event. Savory was honored with the Commercial Transaction of the Year award, a Recognition of Excellence Platinum award based on sales performance and a 40-Under-40 award. Savory’s Commercial Transaction of the Year award recognized her success with closing the sale of the former Pernicano’s and Casa de Baffi Italian restaurants site in San Diego’s Hillcrest community. The iconic 25,000-square-foot building, on a … Read More

We Can Finally Say it’s sold!

Jeannine SavoryUncategorized

Reading Time: < 1 minute The sale of this property turned into a passion project that I am determined to see through but our community needs your support. The City Council approval of our recommendation to deny the downzone proposed by the NIMBYS was a step in the right direction and following that their approval to create a specific plan for the Uptown Gateway in the 2016 Community Plan Update was another positive step forward but that is just the beginning. This historic area is dying at its core. We need the city to continue the efforts to develop a specific plan it’s agreed to … Read More

{August Market Report}

Savory GroupUncategorized

Reading Time: < 1 minute   Local news outlets across the nation have been delving into the cause for lower sales totals in their markets during a period of economic growth, and it generally boils down to a lack of housing supply, especially in certain price ranges, to meet buyer demand. For the 12-month period spanning August 2016 through July 2017, Pending Sales in San Diego County were up 1.6 percent overall. The price range with the largest gain in sales was the $1,000,001 to $1,250,000 range, where they increased 20.8 percent. Market-wide, inventory levels were down 26.7 percent. The property type that lost the … Read More

{July } Market Report

Savory GroupUncategorized

Reading Time: < 1 minute How long can the residential real estate market go on like this? We are about two years into a national trend of dropping housing supply and increasing median sales prices. There are some regional variations to the story, but the shift to a predominantly seller’s market is mostly complete. Multiple-offer situations over asking price are commonplace in many communities, and good homes are routinely off the market after a single day. It is evident that a favorable economy keeps hungry buyers in the chase.  Closed Sales decreased 9.7 percent for Detached homes and 7.2 percent for Attached homes. Pending Sales … Read More

{june market report}

Savory GroupUncategorized

Reading Time: < 1 minute A general slowdown in sales across the country has some worried that a more serious housing shortage is forthcoming, but builder confidence would suggest otherwise. Be on the lookout for an improvement in housing starts in the months ahead to quell any fears. For the 12-month period spanning July 2016 through June 2017, Pending Sales in San Diego County were up 1.5 percent overall. The price range with the largest gain in sales was the $1,000,001 to $1,250,000 range, where they increased 22.8 percent. The overall Median Sales Price was up 7.5 percent to $515,000. The property type with the … Read More

{july events}

Savory GroupUncategorized

Reading Time: 3 minutes La Mesa Classic Car Show | Through Aug. 31 – Every Thursday features pre-1974 cars, trucks, and vans. DJ’s, bands, award giveaways. 5-8pm. 3rd and La Mesa Blvd. www.lamesavillageassociation.org  Bird Park Summer Concerts | July 1-29  – Picnics, dancing, and the music of local talent. 5:30- 7:30pm. Bird Park Upas St 28th St. www.northparksd.org/events/#bird-park  Independence Day | July 4 – Federal holiday commemorating adoption of the Declaration of Independence 241 years ago on July 4, 1776. Patrons of the Prado’s Masterpiece Gala | July 8 – Noche de Suenos–Night of Dreams. Sunset cocktails, dining & moonlight dancing. 6pm. Spreckels Organ Pavilion, Balboa Park. www.patronsoftheprado.org  Over The … Read More

{MAY MARKET REPORT}

Savory GroupUncategorized

Reading Time: < 1 minute Finding adequate supply is still an issue in most markets, as demand continues to overwhelm the current stock of homes for sale. There are signs of improvement in new construction. Some builders sense that the extended trend of low inventory equates to opportunity and profit. For the 12-month period spanning June 2016 through May 2017, Pending Sales in San Diego County were up 1.1 percent overall. The price range with the largest gain in sales was the $1,000,001 to $1,250,000 range, where they increased 18.4 percent. The overall Median Sales Price was up 7.4 percent to $510,000. The property type … Read More

{June Events} in San Diego

Savory GroupUncategorized

Reading Time: 3 minutes San Diego County Fair | June 2-July 4  – Grab your cowboy hat, pull on your boots, and celebrate the legendary rough-and-tumble Wild, Wild West. Del Mar Fairgrounds. www.sdfair.org  Food Truck Friday | June 2 – Ongoing  – Each Friday evening from June 2 to September 29, enjoy live entertainment & gourmet dishes served by a rotating selection 12+ food trucks parked in Balboa Park’s historic Plaza de Panama and El Prado walkway. 4-8pm. Encinitas Rotary Wine & Food Festival | June 3  – Sample fine wines & the best dishes from local restaurants & caterers. Live music. 5-8pm. Encinitas Ranch Golf Course. www.encinitaswinefestival.com  … Read More