Hat tip to Susie for sending this in from CNNMoney: http://money.cnn.com/2014/05/20/real_estate/home-sales-fear/index.html?iid=s_mpm An excerpt: Tim Trampedach, a 36-year-old business owner who lives in San Francisco, has seen his home's value soar from $1.2 million...
Zillow's Negative Equity Report for the first quarter was released today, and it adds to why we aren't seeing many short sales or REOs around NSDCC. The upper tier homes have the most equity, and in San Diego only 5.2% of the higher-end homes are underwater: With very...
More of the stuff that happens around town, including a tour of the new Alga Norte Park in Carlsbad the day after the fire:
Between the fires and the MLS being turned off over the weekend, these stats should be light - and next week's will probably be heavier. So let's enjoy Rich's latest work that shows the SD active inventory up 48% YoY, but in line with previous years: Click HERE to...
Hat tip to DOB for sending in this article about a realtor report that uses average and median sales prices, which aren't the best ways to compare. But it did describe an attempt at an off-market sale:...
Anyone can sell during a frenzy; when the going gets tougher, then what?
We had about 30-40 people attend the open house today, which is great for this location because it's off the beaten path. There was at least three good potential buyers, and we may see an offer as soon as tomorrow. Nobody complained about the plant, which was a stark...
Thankfully the fire in Carlsbad has subsided, and we can get back to real estate. Check out my new listing of the former model in Spyglass Hills that has the full 180-degree ocean view, big yard, 3-car, new carpet & paint, and loads of builder upgrades: Come by...
The fire fighters are doing a great job - the damage could have been substantially worse because this fire wasn't located on the outskirts of town - it was right in the middle: They didn't have the DC-10 flying on Thursday because it was the pilot's day off. This is...
I stayed clear of the fires, but saw these photos and video online. Only 4 houses and 18 condos lost, 2 commercial buildings, and seven others damaged. I think the two houses above are the ones circled in yellow below - and the news is reporting that the third house...
