There is a chance that disruption could be upon us. Reader Booty Juice said today said that since he bought his house 30 years ago, the transaction process hasn't changed a bit. It hasn't - sellers still pay a full commission for two agents to figure out how to get...
Month: June 2014
Inventory Watch – Mid Summer
The inventory should find relative equilibrium for the next month as buyers grab something and get settled before school starts. What happens after that (August and beyond) is when it will get interesting. The highest category, Over-$2,400,000, has 416 listings now...
‘Coming Soon’ – Two-Week Report
Zillow's new feature has been out for a couple of weeks, and currently there are seven 'Coming Soon' listings in San Diego County: http://www.zillow.com/san-diego-ca/#/homes/coming_soon/San-Diego-CA/ Two of the seven are new-builds listed by the developer, so with...
Flood Watch
Now that it is more obvious that pricing has slowed, there should be more potential sellers inching closer to the exits. But don't expect any wholesale dumping of properties - they don't have to sell, they're not in a hurry, and they aren't going to give it away! Hat...
Great-Room Design
They are wrapping up the TB Stonebridge tract, and the models will probably be hitting the market before the end of the year - with prices close to $2,000,000. Here's a video preview of the two main features:
Millennials
The millennials who have student-loan debt and low-paying jobs will have to stay home longer - and may never buy. But there's still plenty of demand - these guys spend so much time worrying about what might happen that they lose sight of what is happening. If student...
Soccer Fever?
I mentioned on video that my phone has been blowing up the last couple of weeks, and other agents are reporting the same thing. The graduation season is over, and July is only five days away! Are buyers fired up because of USA Soccer? Part of the action may be due to...
Linda Ronstadt
Linda Ronstadt with Nicolette Larson, Rosemary Butler & Emmylou Harris. Bill Payne plays keyboard at the Tribute to Lowell George in 1979:
Zillow Is Everywhere
Last week I thought that Zillow will probably have preferred agents by the end of the year. Yesterday they rolled out a partnership with Douglas Elliman, which could be a prototype of things to come:...
San Diego Slowdown
Zillow has been accurately predicting the changes in the Case-Shiller Index lately, swamping the boat like most everything else they touch in the industry. The C-S Index is becoming an after-thought for those thirsty for price data. While the San Diego CSI has been...