Here's one of the best listings I've ever had - a luxury one-story coastal estate in the gated community of Bella Lago in Aviara. Open this weekend 12-3pm: Luxury one-story coastal estate and former model home in the prestigious gated Aviara community of Bella Lago,...
Month: February 2015
No Wastage
Have you noticed that with any new gimmick, there's always a catch? In this case, the program is centered around directing the buyer to the in-house lender - who also happens to own auction.com. With multiple profit centers, they hope to dominate the landscape....
Sellers Beware
Mortgage rates are skittish and move like gas prices - slow on the way down, and fast on the way up. From this afternoon's MND: http://www.mortgagenewsdaily.com/consumer_rates/433641.aspx Mortgage rates remain under significant pressure, having now moved higher almost...
Not So Hot
It's happening everywhere you go, and it's in every conversation with agents - the market is buzzing with "lots of activity". What does that mean? Does it mean anything? Here's what it means: Buyers are giddy about getting a 3.75% jumbo rate. Agents are giddy about...
N. of Olivenhain
A brief video tour of some new model homes in southeastern Carlsbad. The beauty of these smaller tracts is that they are only building 49 homes, which will probably take them two years to construct. At that rate, they only have to sell two houses per month. P.S. The...
Market Experiences
One week into the selling season....how's it going? With our spectacular weather and both Tiger and Phil out of the golf tournament, the streets were flooded with home lookers this weekend. A few experiences so far: 1. An agent selling his own house gets seven...
Inventory Watch – Bam!
The selling season is rocking already, with 58% more new pendings over the past week than the week before! Click on the link below for the complete NSDCC active-inventory data: The UNDER-$800,000 Market: Date NSDCC Active Listings Avg. LP/sf DOM Avg SF November 25 95...
Cape Town
http://www.contemporist.com/2015/01/30/a-family-home-with-270-views-in-cape-town/
Zestimate Accuracy
Sellers shouldn't get attached to any certain price - they aren't the ones paying it. Instead, select an attractive list price, and judge the market's reaction - and adjust accordingly. A story on the accuracy of zestimates:...
Z Talk
Spence has been seen everywhere promoting his new book - we might as well give him some coverage here. His smugness gets in the way, and it seems that he's really only looking to prove that he is king of the hill, not give tips that are actionable. For example, his...