From the SD Union-Tribune: http://www.utsandiego.com/news/2015/jun/05/foreclosure-shortsale-boomerang-buyers-real-estate/? An excerpt: When Chad Sanfillipo got the keys to his house in Ramona last year, he had come full circle in the real estate market. After losing...
Month: June 2015
California Home Sales in May
The state is cooking! She brings up a good point - it might be hotter if there was more to sell: California home sales softened in May, but the housing market momentum continued to be solid as the spring home-buying season marked higher year-over-year home sales and...
FSBO Ain’t Easy
We've seen how offering a bounty to the buyer-agents is a good idea - incentivizing commissioned salespeople to sell your house is smart! Hire your favorite listing agent and work out something palatable:
Cause of Financial Crisis
Hat tip to Wendy for sending in this article on subprime vs. prime mortgages causing the crisis. The authors probably didn't catch the fact that prime borrowers were getting neg-am loans based on FICO scores only, and those weren't considered subprime loans:...
Real Estate Agent Teams
The DANGER report also concluded that agent teams were a threat: I run a brokerage, and have agents who work for me. But I am a salesman through and through, not a guy making a living off other agents. It is why I write blog posts like the one yesterday - I love...
David Lindley
David Lindley is best known as Jackson Browne's sidekick, but he's an incredible performer on his own. He's playing the Coach House on Thursday! http://www.davidlindley.com/cgi-bin/dltourdates.cgi
Disaster Relief
Earlier today, reader 'socalbuyer' asked, Jim, Word on the street is that Qualcomm is going to layoff a couple thousand folks in San Diego this year. Wanted to get your thoughts on how that would affect the real estate market in San Diego. Most of those jobs may not...
Independent Realtors vs. the Rest
Yesterday, a name and number was sent to me by an internet lead service. It doesn't cost me anything to receive the leads - the internet-lead company gets a referral fee from the listing agent once the sale closes. I'm on the list more for amusement - I've never...
10% Range in Values
Is there an easy answer to how much sellers should spend on repairs, to sell? You see me on various jobs talking about projects undertaken by sellers - and the scope of the project are almost always related to the house's age. You want to bring houses up to speed,...
Upcoming Local Events
Two local events coming up this weekend: Saturday, June 20th The Carlsbad Music Festival kicks of the summer with its third annual free Village Music Walk, featuring dozens of musicians performing over 60 sets during a 6 hour celebration of adventurous music. An...