Month: September 2015

Reverse Auction

Hat tip to DH for sending in this article: http://www.ocregister.com/lansner/swimming-682657-estate-house.html An excerpt: "Going … going … gone! Seller will reduce price by $50,000 every day until sold," said an ad that Coleen Brennan of Engel & Volkers ran in...

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Inventory Watch

The year-over-year changes in active inventory is about what you would expect: Under $1,400,000: 380 listings (-15% YoY) Over $1,400,000: 688 listings (-1% YoY) The average list pricing is about 5% lower than last September, except on the lower end (Under-$800,000) -...

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Cliff Failure

For those tempted by the liquid enchantress, take heed - thanks daytrip: http://www.latimes.com/local/lanow/la-me-ln-cliff-crumbles-la-jolla-20150911-story.html TV footage of the collapse showed a pool in the backyard of a home slightly hanging over the edge of the...

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