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Category Archive: ‘Bubbleinfo TV’
Here is a tour of Richard’s new listing in the 92130.
There were 25 groups who came through open house today in the rain, 2 1/2 weeks before Christmas.
Sunday’s open house is cancelled, offer accepted!
This typifies today’s flipper – get a deal on a lazy short-sale, add lipstick, boast of the improvements (“completely remodeled from top to bottom’), and shoot for outrageous profit. What a country!
The inventory is extremely picked over, and any house within 5% to 10% of being right on price has sold – leaving only the junkers, bad locations, and OPTs (see video). When a hot new listing hits the market, it really stands out – making buyers jump.
The wild and furious bidding wars for the high-quality properties are likely to continue – if you are thinking of moving, get good help!:
More tidbits from around town:
This is mid-level pricing for a premier location near Sage Canyon:
Our Happy Thanksgiving video – thanks for being here!
Here’s an interesting example of what can happen.
They started in the mid-$900,000s back in March, and bounced in and out of escrow twice. Though the price is now down to $864,900, here we are at the week of Thanksgiving and no sale.
We’re in the holiday season, and it seemed like the frenzy was winding down.
The frenzy hit its stride during last year’s fourth quarter, yet in 2013 we are keeping it close – there will still be some late reporters here:
NSDCC Detached Sales, November 1-20
Average pricing increased 31.5% since 2011 – and sales are higher.
For those who prefer to see home tours, here is the least-expensive detached home for sale in Carmel Valley, 92130. Click link here: CV Cheapie