The length of this video is excessive (17 minutes) - but if you want a sense of what it is like riding around with JtR, here it is: (P.S. We relisted the house in Tierrasanta, and it sold for full price today):
Month: April 2013
No Appraisal Contingency
Sellers need a listing agent who can handle this effectively: Becoming a homeowner may be getting more difficult for San Diego buyers. With multiple offers and low housing inventory, sellers are starting to ask buyers to submit offers without an appraisal contingency,...
Sex It Up
Agents are getting more creative with video - check the ending (LP = $1.65M):
Distressed-Listings Decline 66%
Why would people list their home as a short-sale? Because their lender is applying pressure to either make payments, short-sale, or be foreclosed. At least that is the old-fashioned way of banking. It's possible that, after months or years of delinquency, some might...
McMansion With Yard
Standard bank deal these days - no frills, max money:
Tom Terrific
Congratulations to Tom for selling his new-build in South Park! http://tomtarrant.com/modern-bungalow-sold-765000/ His timing was great - it closed for $765,000, which is probably $100,000 more than it would have been last year. Watch the house get built from scratch...
More At Sundown
Here are two thoughts about the market. 1. Comparable sales are a snapshot in time, and a result of many variables coming together at that precise moment. Don't get too attached to the comps - they are only a guidepost for how much the next property might get. 2....
Buyers: Mustard Needed
Well-wishers have been checking in over the last few days after seeing the BW exposure. Most give me the elbow and some version of "Boy, I bet you're digging this market now!". It's not as rosy as it might appear, especially for the buyers who hope to make a calm,...
CV Heading for +20%
One year ago the same model across the street sold for $989,000:
More From Businessweek
Karen at Businessweek added a supplement to the story: Jim the Realtor, a/k/a Jim Klinge, is known for his video chronicles of the Southern California housing bust. Now, as I report in this week’s issue of the magazine, his camera is capturing a different story:...