For those who have a big family and prefer a secluded Old California Ranch: Nice buy - priced $393,000 under zestimate! http://www.zillow.com/homedetails/7060-Via-Del-Charro-Rancho-Santa-Fe-CA-92067/16730852_zpid/
Rancho Santa Fe Tennis
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Month: July 2015
NSDCC Sales in June
Here's a comparison of the last four Junes to those at the previous peak. Last time, the number of sales started declining, indicating trouble ahead. In 2015 it appears that pricing has tapered, but sales are still looking strong - late reporters could make last...
Home Inspections 2
Some buyers get moving too fast and blow out, and others make offers willy-nilly and cancel for little or no reason. Those happen - but the deals that cancel because of repairs can almost always be saved in the moment if the buyer's agent says the right things, the...
Off to the Races!
Fannie Mae announced that they have eliminated the Anti-Buy-and-Bail rule, the underwriting guideline that has held back so many move-up buyers. The previous rule meant that buyers who already owned a property had to have at least 30% equity in it; other wise they...
Inventory Watch
The number of houses for sale listed under $800,000 popped over 100 for the first time this year, and their average list price is a whopping $404/sf - which is back over $400/sf for the first time since February. In other words, the sludgepit of over-priced goo is...
Kayla’s Korner
Here's Kayla discussing her observations from the open house today:
Home Inspections
The quick sale at Via Mariposa fell out. The emotional swings of falling in love with a staged home and winning a bidding war were quickly brought back to earth by the home inspector. I don’t have a problem with the defects found by any home inspector – that is their...
Happy 4th of July
Hat tip to daytrip for sending in these visitors to San Diego responding to 4th of July questions (they have to be from out of town, right?):
Just in Time for Weekend
The company that hosts this blog sent out this missive today: Dear Client, Regrettably, effective immediately MediaLayer, LLC shall be closing its doors permanently. This decision was not made lightly. After a full review of present circumstances this was the only...
Truckee
Hat tip to Susie for sending in this example of small living off the grid! http://tinyhouseswoon.com/truckee-cabin/
