Here is a visual review of 2014, starting with one of the dazzling sunsets we see in the wintertime: Here's a photo of a listing that didn't happen. In this case, my clients were about to purchase a short sale, but then the listing agent sold it to someone else. My...
Year: 2014
Bidding War Strategy
Reader 3rd Gen SD asked yesterday, "You regularly mention pricing to engineer a bidding war. Do you have a post you could link to that describes your strategy, including how you manage same?" There are no rules or regulations on how to handle a bidding war - each...
SD Case-Shiller Index, Oct. ’14
The San Diego Case-Shiller Index declined for the third consecutive month, but the rate of change is so small that even David Blitzer called San Diego, 'flat'. Here are the non-seasonally-adjusted readings for 2014: Month San Diego NSA Case-Shiller Index Jan 194.94...
LCTS
The La Costa Town Square is open for business, and nearby new-home builders should benefit from the easy access to new shops and restaurants:
JtR Year in Review
Here are a few stories from 2014: A. I should have known it was going to be a wacky 2014 when the second offer I wrote in January wound up in a bidding war that could have been very entertaining, but instead flopped. The listing agent decided to entertain cash offers...
Inventory Watch – End of 2014
We are wrapping up 2014 much like we did in 2013. There are 7% more active listings today, and list-pricing is about the same. One significant difference is in mortgage rates. Last December the average Freddie rate was 4.46%, and today we're at 3.91%. Look for a fast...
What to Expect When Selling Your Home
Are you thinking of selling? We've discussed preparing your home for sale here: Preparing Your Home for Sale What can you expect once it hits the open market? FIRST DAY Buyers jump on the attractive listings the first day they hit the MLS. Provided that the listing...
Blog Down
Bubbleinfo.com was down for a while this morning. This blog is hosted in Germany, and my main WordPress guy is in Ireland - the internet is an international market! We had changed from BlueHost to MediaLayer, and since then I haven't noticed any problems with the...
Best of 2014
"If you’re looking for a hideaway worthy of a Bond villain, look no further than by Australian prefab designers Modscape. Designed to dangle dramatically off the side of a cliff, the multi-story vacation home can be entered solely through the top-level carport. At the...
Surge of Boomers Retiring
Did everyone have a nice day off? Great, let's get back at it! From John Burns: http://www.realestateconsulting.com/blog/john-burns/big-idea-2015-rethink-your-business-due-retirement-surge More people were born in the 1950s (41 million) than in any other decade, and...