From cnbc: http://www.cnbc.com/id/102614420 The biggest barrier to a more robust spring housing market is simply a lack of listings, and there may be even fewer than we think, at least fewer homes people want to buy. Nearly three-quarters of the homes on the market...
Month: April 2015
Silent Lowballs
We talk about how hot the market is, but not every seller is enjoying the benefit. Of the 850 NSDCC houses for sale, 41% of them have been on the market for 60 days or longer - and that's not counting those that have been 'refreshed'. These are ripe for a lowball...
BAD
How many people took two different bands to the heights that Mick Jones took the Clash and Big Audio Dynamite? http://en.wikipedia.org/wiki/Mick_Jones_%28The_Clash%29 http://www.theguardian.com/music/musicblog/2011/jan/20/big-audio-dynamite-clash
Market Pulse
From C.A.R. California REALTORS® responding to C.A.R.’s March Market Pulse Survey saw slightly more multiple offers than the previous month and an increase in floor calls, listing appointments, and open house traffic. The Market Pulse Survey is a new monthly online...
Up House
Thanks daytrip and Susie! http://www.cnbc.com/id/102601704 It is a classic story of David versus Goliath—the real estate edition. Only this time, David, a 600-square-foot Seattle home, may not emerge the victor, as the hours tick down to the end of an auction that...
Turf Rebates
The City of San Diego started a 'grass replacement' program last week: City of San Diego customers can receive a rebate of up to $1.50 per square foot for residential sites that replace existing grass with water wise landscaping and converting their overhead sprinkler...
NSDCC Could Be Hotter
With all the recent action mentioned in the previous post, it makes you wonder how much the market is fueled by frustration over the selection of homes for sale. Yes, it is the "season", but is the lack of inventory causing buyers to grab anything, at any price? More...
Go Time
Usually around tax day, the real estate market goes into a bit of a funk, and this year it was compounded by the disconnect between our MLS and Zillow - any new listings have to be manually inputted to Zillow, which isn't obvious to most agents. In spite of all that,...
Inventory Watch
You know how statistics are known for having quirky oddities to them? Today, April 20th, there are 420 listings in NSDCC listed for $2,000,000 or higher - which is 50% of the total number of actives! Click on the link below for the complete NSDCC active-inventory...
More Mallard
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