Bidding wars are breaking out for luxury homes in such wealthy San Diego enclaves as Rancho Santa Fe, Santaluz and Del Mar as an increasing number of buyers bet on rising home prices and investors return to the market. Veteran top producing luxury Realtor Danielle Short of Coldwell Banker Residential Brokerage in Rancho Santa Fe can attest to the recent surge in demand after closing sales on two of the nine multi-million dollar properties which sold in the prestigiously well-known 92067 zip code of Rancho Santa Fe during the month of May.
“I have even heard of properties requiring extensive renovation are being fought over by buyers who expect to resell them for more after a remodel or rebuild,” said Short. “Many deals are being held back in part by a shortage of willing sellers which I believe will begin to change as prices rise with the increased demand, historically low mortgage rates and strengthening financial markets.”
Danielle Short is a luxury certified Coldwell Banker Previews Property Specialist, a designation comprising only 8 percent of Coldwell Banker’s 87,000 sales professionals worldwide. These high-end real estate specialists are among the most qualified and sophisticated luxury sales associates in the industry with advanced training and marketing expertise. Through the Previews® program, Coldwell Banker has discreetly represented some of the world’s most prestigious properties, including “The Manor,” originally listed at $150 million, which sold in 2011, and “Le Belvedere,” which sold in 2010 with a listing price of $85 million.
To learn more about the Coldwell Banker Previews International® program or the luxury real estate services Danielle Short has to offer feel free to contact her at (619) 708-1500 or via email at firstname.lastname@example.org.