A "visually striking" timelapse of our town: WELCOME HOME TIMELAPSE from Michael Shainblum on Vimeo.
Month: April 2013
More Inventory Coming?
An excerpt from HW: Any homebuyer on the market right now will tell you the crowd of buyers and multiple offers are creating a challenge. Those in search of distressed homes owned by the U.S. Department of Housing and Urban Development are not immune to this...
San Diego Case Shiller Feb 2013
Not only do we expect higher, but now much higher readings from the monthly Case-Shiller index. The consensus expected +9.0% nationally, and it came in at +9.3% for the 20-city composite - the biggest gain since May 2006. “Home prices continue to show solid increases...
Bidding-War Strategies
Not all bidding wars are the same. It is critical for the agent to properly access the buyer pool - to track both the actual and potential buyers - and the intensity of their pursuit. The frenzy is not constant and predictable - get good help!
RE Advertising Needs Scrutiny
Our friends at reason.com shine the spotlight on this dubious topic; realtor advertising claims - an excerpt: A recent newspaper included a glossy magazine with an article urging me to run out and buy a house — fast! “Thanks to historically low interest rates,...
Inventory Watch – Split Market
Here is our regular NSDCC inventory watch: Date NSDCC Active 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 6 727 $703/sf March 11 744 $698/sf March 16 746 $703/sf March 23 755 $712/sf March 31 752 $717/sf April...
Bat Cave
Subprime is Back
Some excerpts from the latimes.com - thanks daytrip! Michele and Russell Poland's credit was shot, but they managed to buy their suburban dream home anyway. After a business bankruptcy and a home foreclosure, they turned to a rare option in this era of tightfisted...
Pocket Listings
The California Association of Realtors addressed the 'pocket listings' topic. It took them an hour to boil it down to this - the listing agent is bound by California law to properly explain the benefits of exposing the property on the MLS, and how it is in the...
Slider Contest
The final price could swing $100,000 to $200,000 in either direction on this one - take a guess! The closest guesser with receive a set of four tickets to the Padres game on September 2nd vs. the World Champion San Francisco Giants!