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Pacific Highlands Ranch Update

Changes are in store for the Village at Pacific Highlands Ranch project as a sale to new owner Coast Income Properties is nearly complete. The planned mixed-use development on Carmel Valley Road, across from Canyon Crest Academy, will see a new configuration of buildings, more residential units and the proposed movie theater has been removed from the plans.

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HouseLogic Announces $1,000 Sweepstakes and Backyard Makeover Webisodes

WASHINGTON (October 22, 2012) – HouseLogic.com, the award-winning, comprehensive website for homeowners from the National Association of Realtors®, is pleased to unveil an original video series chronicling a $20,000 backyard makeover for Allison and Aaron Smith in Santa Maria, Calif. The Smiths were named the winners of the website’s “Boost Your Roost” contest earlier this summer, to which thousands of homeowners submitted their home improvement ideas.

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2061 ALEXANDER ESCONDIDO, For Sale

2061 Alexander$349,000

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Bedrooms: 3 
Bathrooms: 3 
Est. Square Feet: 1,833 

Listing # 120049339

Granite tile counter tops, nice kitchen cabinets, large yard and a large master bathroom. Fixer upper. please check out MLS # 046046505. Sorry, no FHA or VA.

Rich KushnerAgent: Rich Kushner 
Broker: Burke Real Estate Consultants

Younger generation not fazed by housing crisis according to survey

A survey of 18- to 35-year-old Americans shows that the housing downturn hasn't deterred most from aspiring to buy a home, and most feel that the crisis made them more knowledgeable about homeownership.

Commissioned by Better Homes and Gardens Real Estate, the online survey of 1,001 members of "Gen X" and "Gen Y" was conducted by Wakefield Research between July 18 and 26.

For 69 percent of respondents, a key "readiness indicator" that someone is ready to buy a home is whether they can also maintain their lifestyle. For 61 percent of respondents, the indicator is that they've landed a secure job.

The top areas to research before buying were home prices in a desired neighborhood (59 percent), interest rates (58 percent), and the ability to secure a loan (51 percent).

Many said they were willing to adjust their lifestyle to save for a home by eating out less (62 percent), working a second job (40 percent) or moving back home with their parents (23 percent).

Sherry Chris, president and CEO of Better Homes and Gardens Real Estate LLC, said in a statement that the survey shows that just as the 1970s oil crisis influenced the thinking of baby boomers, the housing downturn has helped members of Gen X and Gen Y come to "believe that the details, risks and rewards of homebuying are integral to their planning."

 

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