We are still getting reports that year-over-year sales are declining, and that means something is wrong or bad. Below they are comparing the counts to last year's frenzy numbers and are crying wolf. But what do you expect when the frenzy is over? Our local stats...
Snippets of things happening around town. There's a guy in here who could use your help - if you can do anything for him, he'd probably appreciate it:
Last month we had 452 new listings in NSDCC, which is the second lowest July total of the last five years. But they aren't selling like they used to, and the count of active listings has risen sharply over the last few weeks: The UNDER-$800,000 Market: Date NSDCC...
The full tour of mostly Chevys below! The non-gearheads can repeat the first Kayla's Korner video (she does has more than one outfit): https://www.youtube.com/watch?v=l-BaeXkC84M
The son of a past client scored a good job in San Francisco a few years back, and is looking at 1-bedroom condos going for $700,000 - $800,000. They wondered if I had any tips. Good golly, at that rate I better come up with something! HOMEBUYING TIPS 1. Get a good...
Zillow's "Coming Soon" feature is picking up steam - up to 16 listings in SDCO: Here is the list of 16 properties: http://tinyurl.com/lt2bdwu But that's out of 8,669 properties for sale, which is only 2/10s of 1%. We would need hundreds of Coming Soons to have any...
As prices rise, the inferior locations are the first to feel it - although this is an extreme example. But hey, it's Carmel Valley!
The folks at Inman News asked people in the business how they thought the ZT merger would affect brokers and agents: http://www.inman.com/2014/08/01/the-bottom-line-of-the-zillow-trulia-deal-for-brokers-and-agents/ I was one of the agents invited - here are my...
You'd probably need to be a real estate geek to endure the whole hour of this presentation, but the topic could be the number one market issue - homeowners who have a 3%-something fixed rate are less likely to move, and could be locked in for the duration. They get...
Buyers and sellers are aware that the market has been cooling off, though if you go by the soundbites, nobody seems to know why. From Dr. Shiller this week: "The market has been very strong since 2012. It's up 27 percent since March of 2012. It's been a huge boom,"...
