There has been a movement within the industry to create a broker-owned MLS to compete with Zillow/Trulia. I'm not sure they see it as competing with Zillow/Trulia - but that will be the eventual contest, unless they can co-exist. The cost to create and maintain such...
Month: April 2015
Top of Hill
A tour of my new Los Reyes listing on the westside of San Marcos, and adjacent to Carlsbad's Rancho Carrillo where houses have been closing at an average of $291/sf over the last 90 days - and we're only asking $215/sf! Both in the same school district too! The...
Beat Farmers/Buddy Blue
http://en.wikipedia.org/wiki/Bernard_Seigal
Lending A Hand
With riots and earthquakes dominating the news wires, let's appreciate this simple act of kindness (thanks daytrip):
SD Case-Shiller Index, Feb. 2015
The January reading for San Diego was +0.71%, and we almost matched it in February with a +0.72% increase. The year-over-year change was +4.7%. Downer Dave said, "Home prices continue to rise and outpace both inflation and wage gains," said David M. Blitzer. "The...
Inventory Watch
The Inventory Watch should be where we'll see any indicators of market trouble. But today's inventory is 6% less than a year ago, with only the $800,000 - $1,400,000 category higher (244 vs 240 listings). A growing inventory would mean sales are slowing, but we're...
Sexy La Jolla
Real Estate Video With Actors
The author of this article got a little wound up about the racy nature of this video, but the reader comments at the bottom covered the issue pretty well - click here: http://www.inman.com/2015/04/24/50-shades-of-real-estate-video-marketing/ The property sale is...
TDS Exempt
The phrase 'TDS Exempt' is seen in listing remarks - what does it mean? TDS stands for Transfer Disclosure Statement, which is our regular form used by sellers to disclose everything they know about the property and neighborhood. The most common example of who might...
‘Coming Soon’ Effects
Realtors aren't known for being longheaded - they just do what they see everyone else doing. In an industry that is virtually unregulated and has no leaders, we are left with a full assortment of real estate practices - AKA the wild, wild west. Recently, a client...