Happy Easter! There were 110 new listings in NSDCC since March 24, yet the active-inventory went down - the market is hopping like the Easter bunny! Date NSDCC Listings Avg. LP $$/sf Jan 14 649 $722/sf Feb 4 667 $716/sf Feb 10 679 $713/sf Feb 25 678 $719/sf March 6...
Month: March 2013
Semi-Grand
I was hoping for a little more for the money - still active after 23 DOM:
Frenzy Is Not Universal
Let's look at the detached-home sales closed over the last 30 days and compare the sales prices to the list prices. Carmel Valley, 92130 Feb 28 - Mar 30 Category 2012 2013 Chg # of Sales 34 49 +44% Median SP $927K $885K -5% Avg $/sf $324 $355 +10% SP:LP 95% 98% +3%...
Estate Four
This is the full tour of the ADM 6,235 sf Plan 4 model home, without all the people around. The staff recognizes that this is the Big Kahuna, the pinnacle of many careers to bring this tract to market. Those selling it will never have another opportunity like this,...
Planning Ahead
A high-level executive at Sotheby's International Realty recently revealed to China's state television broadcaster that he personally helped a Chinese mother buy a $6.5 million Manhattan apartment for her daughter. "We were running around the city looking at things...
REOs Winding Down
The counts of local bank-owned properties are not out in the open, and people are wondering - are there loads of REOs waiting to hit the market? Here are the SD County REOs from the tax rolls, compared to April 8, 2008: Lender 4/8/08 Today Deutsche 1,066 49 US Bank...
Village Park Single Level
For those who prefer the older one-story houses but want them nicely upgraded, here's a new listing to consider in the heart of Encinitas:
San Juan Island
Perched on a San Juan Island shoreline, this 2,365 sqft home looks northwest over Sunset Bay, Haro Strait, and occasional whales passing by. In order to utilize this small, medium bank waterfront property to best advantage, the home was designed with two mirroring...
Realtor Worth The Commission?
I was asked, "How can you explain that a realtor in Detroit gets paid 5% to sell a $12,000 dump, and you get paid the same 5% to sell an $800,000 house?" I can explain it in one word. BOUNTY You are offering a reward for an agent to bring you a top-dollar sale. The...
Not Another Condo
If you demand this location, this is the cheapest available today: