How about the agents who deliberately over-price their listings? It's not the mean and nasty 'deliberate'; it's more of a friendly wink and a nod. Sellers want more money, not less, and it's irresistible for them to hire the agent who quotes them the highest price....
Have you seen a home sale close at a surprisingly-low price, and you said, "Geez, I would have paid that!" Usually the house has been on the market for months, and everyone else has forgotten about it. The seller doesn't want to lower the price, but tells his agent,...
In honor of the RNC:
If the Republicans sweep in November, Fannie/Freddie will be under siege - but it's very unlikely that they would go away. If they did, it would cause the big banks to dominate mortgage lending, leading to that Too Big To Fail thingy. From HW: Lost amid the uproar...
I've been putting on some miles lately!
Horizontal “letterbox” style windows are a design detail that are quickly gaining in popularity. Perfect for bringing in light without completely sacrificing privacy, these long, thin, horizontal windows are often found being used in kitchens....
On June 11th we noted two single-story homes for sale in Carlsbad. This 2,726sf single-story house in SW Carlsbad listed on June 9th for $1,149,999 - and it had the extras like a good yard and view. They received multiple offers, and it closed for $1,165,000, or...
Last year, the high point of the Over-$2,400,000 inventory was 423 houses for sale on September 28, 2015. In 2014, the high was 427 on August 25, 2014. Today there are 476 houses for sale over $2,400,000, and it's only mid-July! Click on the 'Read More' link below for...
Lakeside isn't far - it is centrally-located in San Diego County, and is a straight shot down the 52 and 67 from La Jolla. It might be a reasonable compromise for those multi-gen buyers who would treasure two houses on a quarter-acre lot with citrus and avocado...
Worried we might run out of buyers? Plenty are waiting in the wings - and working with their parents to achieve! Current renters value homeownership and want to buy a home but many are encountering affordability and financial obstacles that prevent them from buying,...
