There is no correlation drawn here between foreclosure flood and the history of rising prices. Given his data, there SHOULD be a foreclosure flood to put banks in a position to profit if history repeats! From dsnews.com: Investors who are eagerly waiting for bargain...
When selling, it is worth fixing the items that appear to be big problems, but really aren't. Fourth-quarter guess at end:
On Wednesday it looked like the detached sales and pricing around NSDCC for September were lagging a bit behind last year's numbers. We had quite a flurry the last few days, plus there will be late-reporters adding to this month total below over the next couple of...
A video tour of my second RSF listing this month - both due to hit the MLS by Tuesday, and be on broker preview Wednesday, October 3rd, 1-4pm. Come on by!
This video shows an example of the case I would prepare on behalf of a buyer making an offer on a house in Bird Rock - it demonstrates the supporting data I would use to back-up my buyer's offer price. You would think that this is standard practice for agents, but...
You may have noticed that the comment section has been turned off. Since our local market has been fairly stable for the last three years, I think we have survived the worst of the bubble conditions, and it is time to move on. From the beginning, my intention has been...
From sddt.com: Buyers are competing with multiple offers on homes in a market with low interest rates, and are struggling with low inventory and little new construction, local experts said at a roundtable discussion hosted by the San Diego Association of Realtors. “We...
CR said that we will see some of this year's pricing exuberance start to dwindle as we wrap up the year. If this month's trend continues, it looks like it is already happening for NSDCC detached sales: Month # of Sales Avg $/sf DOM Sept '10 220 $395/sf 75 Sept '11...
Hat tip to Thaylor for sending this along: http://www.manhattan-institute.org/html/cr_71.htm "The Great California Exodus, A Closer Look" A quote from what must be a ten-page report: Population change, along with the migration patterns that shape it, are important...
A video tour of my new listing in the gated Santa Monica development near Santaluz. This is the 5 br/4.5 ba, 4,659sf former model home with pool on an extra-large 11,956sf lot, and has upgrades galore - including an all-Viking stainless kitchen, den with custom...
