After the 2003-2004 frenzy that lasted about 18 months (sound familar?), the prices leveled off for the next couple of years - until the easy money could support it no more. With (slightly) higher mortgage rates and lagging buyer enthusiasm both helping to temper the...
Realtors will put a twisted spin on any new gadget in order to justify hoarding commissions. In this article, one manager convinces himself that because he gets '300 emails a day and four actually apply', it's good to use a separate system that enables pocket...
No panic on behalf of sellers, and the rest of the year should go quietly: The UNDER-$1,200,000 Market: Date NSDCC Active Listings Avg. LP/sf DOM Avg SF April 29 201 $384/sf 36 2,599sf May 5 195 $381/sf 36 2,633sf May 9 207 $387/sf 35 2,624sf May 18 241 $397/sf 33...
A look at the estate under construction on the $4,400,000 lot on Balboa overlooking the best of Del Mar, plus other stuff, including a couple of 69s:
Michael Jordan is sending to auction his Chicago 56,000 sf estate on 7 acres. Here is a look at it in the first 90 seconds: (thanks to several people who sent this in!)
Yesterday we saw that sellers - who said, "we can always come down later" - are getting more realistic, with the percentage of price reductions doubling over the last six months. Others will be less optimistic, and give up altogether: NSDCC Expired/Cancelled/Withdrawn...
For those who sense a changing market, here is some evidence to support your case - from Zillow (click for full image): You can probably figure some seasonality into the 'Listings with Price Cut', but as the frenzy started building you can see how the need for sellers...
The political circus got kicked down the road a couple of months, and weather will be great for another week - it's a perfect time to sell your house! But you've already been on the market for a few months, and no luck. You experienced a big rush in the beginning,...
Just because a house is one-story doesn't mean that the disabled have an easy time of it. Homes that are truly fit for a wheelchair are very hard to find - this is one of the best I've seen, because it is fairly subtle too:
The market has been red hot, and overdue for a breather. It is still cooking around NSDCC, judging by the big hike in average pricing, but the number of sales dropped 21% from the previous month. Here are the September sales and pricing for NSDCC (La Jolla to...
