Around Carmel Valley, 92130 it looks like we regained the ground lost over the last couple of years, and buyers are back to paying $340/sf. On the MLS, there are 72 active listings, and their median list price is $1,422,999 - with only 18 houses for sale under...
Month: April 2013
Negotiating A Real Estate Offer
The most common problem in negotiating offers is people winging it. The process is very predictable - the longer the negotiations last, the less likely a deal will come together. Conversely, if you know the boundaries, you can formulate a strategy in advance instead...
NSDCC First Quarter Sales
The first quarter of 2013 showed marked improvement year-over-year. Sales were up 14% and average pricing was up 10%! 1QYear #Sales $/sf DOM 2010 496 $382 77 2011 553 $372 87 2012 577 $362 91 2013 660 $397 57 This feels like a comfortable level for now. Will prices...
La Costa Valley
There are a multitude of factors that make a difference in every sale, and sellers can only hope that everything goes their way. In this case, the same model down the street just went pending at the same price, so that's a nice guide for buyers. The last sale was...
Pricing Plateau Coming?
It feels like we have been experiencing sharply-rising prices, especially on the higher-end. There should be some relief coming - here is the history of asking prices for San Diego County, broken down into the 25th, median, and 75th percentiles by our friends at the...
JtR in Businessweek
Jim Klinge sighed as he made his way through a foreclosed home littered with empty bottles of rum and mattresses. It was 2008, and Klinge, a real estate agent, was filming a YouTube video for his blog documenting the housing crash in the cul-de-sacs and condos north...
Another Housing Bubble?
Neil asked, "Do you think we are in a bubble again or is this sustainable?" If we describe a "bubble" as a market that has been artificially induced in an unsustainable way, then we're not in a bubble. Let's divide market conditions into four stages: 1. Frenzy -...
Joe Walsh
Those of us who grew up in the '70s knew Joe Walsh as a solo artist and guitar hero. Only later did I learn that he and his family were living in Olivenhain (back in the 1990s): From wiki: Walsh ran for President of the United States in 1980 on top of his music...
Bubbleinfo.com’s Future
Reader Ross expanded on his previous comment: Responsible web site authors do not copy entire articles word for word without permission. Copying is not authorship. A URL at the bottom of an article is not “prominently displayed.” No publication name, no original...
NSDCC March Sales
February home prices rose 10.2% from year ago levels, the largest annual gain in nearly seven years and the 12th consecutive month of national home price growth, CoreLogic said Wednesday. The real estate analytics firm attributes the steep rise to rapid price...