This area – near CSU San Marcos – isn’t pure residential. Not only does the Sprinter go through, but it also has several commercial and industrial businesses along Barham. So there isn’t a bunch of organic residential traffic to help boost the open-house attendance.
The goal with this video was to help document how many people attended our open house yesterday – another 70! They aren’t just looking, they are making offers too:
The national media is taking full advantage of the first quarter slow down to do as much as possible to paint a declining RE picture.
I still say 90% of the slowdown was weather related.
We were looking at a place yesterday and there were two parties trying to make an offer at the same time to the listing agent.
It was funny they were almost trying pushing each other out of the way.
I can’t remember a better winter in terms of weather for SoCal and yet sales volume was down about 15% YoY in SoCal. Lack of quality well priced. inventory sure. Weather issues 0%. Don’t believe the media hype machine using weather as an excuse. Weather happens in winter every year.
No one ever comes from out of state to buy homes in California ?
JtR: Please thank Kayla for not sitting in “my” Eames’ lounger. Over Kayla’s right shoulder, in the video, are 2 LCW (Eames) chairs, as well.
Great turnout, but in my opinion your 140-count turnout speaks less about the “health” of the market and more about the lack of inventory options.
Maybe they got sidetracked in Colorado, sampling recreational pharmaceuticals.
LOL
If I told you once, I’ve told you a million times, Jim, offer keyboard insurance! Your staging comments and the plants you showed at the beginning of the video demand it.
I went to an open house on Saturday. It was near a Parade of Homes entry here that I had seen right before. I walked in; the agent in the kitchen was chattering away on her cell phone. I stood there awkwardly and then looked at the entire home (alone). I came back to the kitchen, looked at it, looked at her, and she continued to chat away never even looking up. I left chuckling: “She needs lessons from JtR!”
And thanks for your comments about single-stories. I think that holds true in many, many markets. I’m thrilled I have a single-story. Remember the voice over you did on the video of my house in January, 2010? Values are significantly rising here with very limited inventory. I bought at the perfect time– after the crash & nabbed a 4% 30-year fixed. Couldn’t have done it without your stellar advice, Jim…