Another Carmel Valley REO

Written by Jim the Realtor

March 26, 2011

7 Comments

  1. AL

    Jim, not that you are in any way a “blood sucking” Realtor, but your comment that the homeowner did not consider selling the house made me remember this video, how the homeowner’s response to considering a short sale went?
    http://www.youtube.com/watch?v=E2IjktYtwwo

    We are just fine…

  2. Jim the Realtor

    I liked that one.

    Today’s SD County detached market:

    ACTIVES

    Under $1M: 6,325 houses for sale, avg $246/sf
    Over $1M: 1,432 houses for sale, avg $666/sf

    SOLDS, YTD

    Under $1M: 3,629 sold, avg $219/sf
    Over $1M: 259 sold, avg $657/sf

    The under-a-million market seems pretty healthy – could there be some move-up activity?

    There will need to be – without it doesn’t there have to be some squishdown? It’s approximately 15-months-worth of $1M+ inventory.

  3. tj & the bear

    Those over $1M properties must have killer views and/or large lots to account for those $/sf’s.

  4. Susie

    Found another You Tubie entitled, ” A Day in the Life of a Realtor Parody Episode #1″.

    Please be warned there are few “F” words, and two other objectionable words throughout.

    I’m sure JtR has had sellers like “Silly Sally Seller” in his 25+ years as a Realtor. She obviously hasn’t heard Jim’s classic line: “Is it priced to sit or priced to sell?”.

    http://www.youtube.com/watch?v=WK_MErZfH0s

  5. Eric

    I think we meet the guy in. his moving sale last month. Said his wife and daughters moving to NYc for music school while he staying here for the job. He seems ok. Could be strategic default.

  6. Native San Diegan

    As far as your question about a custom application maker, one of my friends has used elance.com for his business. Have you thought of trying them?

  7. Elana

    They were in default a year ago prior. Not sure it’s strategic.

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