I was talking with a potential buyer today who noted, "Everything's is $1,000,000+ now!" I could hardly wait to get home to check the count. In the La Jolla to Carlsbad region, 89% of the detached-homes for sale are asking at least $1,000,000!
The hustle to move up the housing ladder is something people did when they were younger - and prices cheaper. Those move-ups have gotten you here, and hey, it's not so bad - especially if it means that to replace your home, it costs two or three times more than you...
Two records set today: The lowest count of NSDCC active listings priced at $800,000 and Under: 26 The highest count of NSDCC active listings priced at $2.4M and Over: 451 Using the number of closed sales in the last 30 days, let's calculate the months of supply for...
Are you thinking of becoming a realtor? California has added 20,000+ new agents in each of the last two years. Here are the stats, and some tips: http://www.ocregister.com/articles/agents-713178-real-estate.html?graphics An excerpt: Glass said he became an agent...
Did you know that Thursday was the worst day to close escrow? It's also the worst day to die, because it's old news by the next Wednesday's Rock Blogging. Let's cut to the chase. In 1981, I was in the front of the L.A. Coliseum and saw the guy throw the Jack Daniels...
Look at this trend of home-buying plans - roughly 6% of consumers are planning to buy a home in the next six months. Look how it bumped up at the start of the year - and settled down since. It also suggests that 94.1% of consumers have no plans to buy a home in the...
Asserting themselves as housing's primary resource:
Remember the property manager who kept three months' worth of rent? The victim I know did get her money - but then the charges were reversed by the bank, and the entire $9,000 taken back. The property manager claims it's a big mix-up.
I stopped by to see Doug Harwood's new listing on Neptune on Wednesday. Doug had his Fuji Instax camera, which is like the old Polaroid cameras that produce the photo right there so you can hand it off. It made us ponder how the real estate selling game has changed...
