This had been on the MLS for less than 24 hours when I went by around lunchtime today, and people were already all over it. Compared to the rest of the recent offerings around La Jolla, it looks like a deal:
Year: 2013
4Q13 Sales Prediction
Can we get a sense of the early-2014 market by how this year is winding up? We thought mortgage rates dipping back into the 3%-range again would be a boost, and it looked like we were headed that way. Two weeks ago, the 30-year fixed rate was 4.10%. Today's 30-year...
Zeeesh
The Z-team is up to 65 million visitors per month, and claims that they are still a friend to agents. If so, some leadership would be appreciated - come up with a bidding-war online platform or something:
Some Gave All
The first 2,500 Americans of the more than 6,700 who have given their life in Iraq and Afghanistan - thanks to all veterans for your service and preserving our freedom!
Inventory Watch – More Steady
The lower-end sellers remain confident, as their list prices stayed at $408/sf for the third week in a row. 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...
Multi-Generational
For those seeking the combo assortment, here is an old classic that would provide a comfortable living arrangement for three generations. I even dropped a 'rumpus room' blast: http://www.redfin.com/CA/Oceanside/1737-Ivy-Rd-92054/home/6789259/sandicor-130059706
Disintermediation & Realtors
The desire to bust up the realtor cartel has a long and lengthy history, and each year it seems to take on a new twist. Now it is the realtors themselves who talking about the Big Dismantle: http://www.inman.com/2013/11/09/mlss-at-cliffs-edge-over-pocket-listings/ We...
CA Affordability Index
This impact has to kick in at some point, doesn't it? Housing affordability is on a prolonged downhill slide in California, falling for the sixth time in the third quarter of 2013. As measured by The California Association of Realtors® (C.A.R.) Traditional Housing...
$9,995,000
I guess you could say that $10 million doesn't go as fas as it used to either:
Appreciation to Drop 36% in 2014
From Zillow: Home values nationwide have been growing at a breakneck pace for much of 2013 and are predicted to finish the year up an average of 6.7 percent compared with the end of 2012, according to the latest Zillow Home Price Expectations Survey. But that rapid...