In line with the previous post, several good-looking-and-retail-priced listings were marked pending on Mother's Day! Ninety percent of the action is under $2,000,000 though - above that is a whole different ballgame. Click on the link below for the complete NSDCC...
Month: May 2015
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Here are some thoughts from yesterday's open house - in particular, two things that aren't in favor; fixers and taxes:
Happy Mother’s Day
This is our last year for us to spend Mother's Day watching our kids at the big dance competition at UCSD - mom wouldn't have it any other way! Happy Mother's Day to moms everywhere!
Plateau-like
The Mid and High Tiers have been looking fairly flat over the last 18 months. We're around 2008 pricing, and many areas are higher - sellers should embrace. http://journal.firsttuesday.us/california-tiered-home-pricing-2/1592/
Peeper Creeper
All women have concerns about peepers, real or imagined.
Are Higher Rates A Problem?
We have significant turbulence in the bond market this week, and most think it can't get any worse. The jobs report tomorrow will probably dictate the next movement, but for now the 30-year mortgage rates are around 4%. If rates go above 4%, is it nervous time? Not...
Kayla and Mom
Have you noticed how most realtors pump up the positives, and hide the negatives? It is such a tradition that home buyers expect us to do it, and we don't give it a second thought. Here's a second thought: P.S. I had two doughnuts.
Compared To What?
Les McCann and Eddie Harris at the Montreux Jazz Festival, 1969:
4-Handle
Mortgage rates are known to rise without much notice - if any! From MND: http://www.mortgagenewsdaily.com/consumer_rates/469946.aspx Mortgage rates are having a rough couple of weeks. Yesterday saw rates approach the previous 2015 highs set on March 6th. Today's...
Code
Years ago when our pool was installed, I remembered holding it against one contractor who didn't take his sunglasses off during the interview (I don't wear sunglasses when talking to people, except in this video). I brought that up to a client recently who was doing...