February 27th, 2025

Happy Thursday

Lately, I’ve had multiple transactions where home inspections revealed significant issues. It’s easy to spend money on aesthetic upgrades, but no one enjoys shelling out thousands for the less exciting (yet crucial) fixes—think drainage, roofs, plumbing, and other functional necessities. These are the things buyers rarely notice when touring homes BEFORE writing an offer, but they can make or break a deal.

See below for a quick list of maintenance items to check off in the coming weeks to help avoid costly surprises down the road!

Here’s what’s happening in real estate today:

3 properties to watch, 2 news updates on market trends, and 1 thought-provoking insight from me + a snapshot of current market conditions.

On a national level, mortgage purchase applications—aka buyer demand—remain flat. However, our local market tells a different story. While new sales are slowing, well-priced properties are still attracting multiple offers as the norm.

Median Prices This Week

3 Properties to check out

4505 Coastline Ave Carlsbad, CA 92008 $1,899,000 Single-story home with stunning lagoon & ocean views—these don’t come up often! With high demand for single levels, this one won’t last long. View property

1460 Ravean Ct Encinitas, CA 92024 $3,199,000 A hidden gem along Encinitas Ranch Golf Course! This gated community offers privacy, yet sits high enough for ocean views—just like this one. View property

330 Neptune Ave Encinitas, CA 92024 $6,495,000 Neptune Ave = the best street in North County? This bluff-top home has a rare “bird’s nest” view room—one of the highest around—plus steps down to Stonesteps Beach! View property

2 News Articles

• ​U.S. Housing Market Gained $2.5 Trillion in Value in 2024​

There are eight U.S. metros where the total value of homes tops $1 trillion... San Diego is on the doorstep and will be there in 2025

• ​Mortgage Rates Hold Trickle to Another Multi-Month Low​

Mortgage rates are coming down. Will the trend continue?

1 Tip or Thought

Home Maintenance tips

• Clean/Replace Air Filters and Service AC: Swap out or clean air filters to keep air flowing fresh for spring, and have your AC system checked by a pro. With San Diego’s warm months ahead, this combo ensures your home stays cool and efficient—whether you’re a renter or owner.
• Inspect and Clean Gutters: Clear out debris from winter to keep water moving freely. Even in San Diego’s milder climate, clogged gutters can cause headaches during surprise spring showers. Check for any roof damage while you’re up there.
• Check for Moisture Under Sinks and Inspect Angle Stops: Look under sinks for dampness or mold—common in humid areas—and report issues to a landlord if renting. Also, angle stops (those little valves under sinks and toilets) get flagged in nearly every home inspection. Check them for corrosion or leaks, and call a plumber if you spot trouble to avoid bigger problems down the line.

Need vendor recommendations? Reach out anytime- I've got plenty of local contacts!

Josh Meltzer DRE 02098859 REALTOR® M: 858.585.0309​ ​Josh@Talechia.com​

P.S. The March calendar of local events is here. Check it out:

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DISCLAIMER: Due to recent changes by California Association of Realtors, and the SDMLS Clear Cooperation Policy (the “Policy”), Brokers are limited in their ability to share off-market properties. It is the intent of this letter to be in compliance with the Policy. For this reason, Talechia & Associates can only share such property information with clients of Talechia & Associates. If you would like more information on our properties that are not publicized in the MLS, and becoming a client of Compass, please contact Josh (858) 585-0309 or Talechia (858) 229-2181

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628, 01527235, 01527365. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to the accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.