Here's another way to dissect the current market conditions: Price Active Listings % Pendings % Solds last 60 days % Under $1M 155 13% 140 34% 213 36% $1M - $2M 437 38% 207 50% 273 46% Over $2M 569 49% 65 16% 103 17% Totals 1,161 100% 412 100% 589 100% The lower end...
A good article that examines how baby boomers and millennials are competing for their housing needs - read the last two paragraphs below: In South Carolina, baby boomers elbowed out entry-level buyers to snap up single-story floor plans at Riverwalk, a bike-friendly,...
Good grief: http://www.cnbc.com/2016/07/14/how-pokemon-go-could-help-you-sell-your-house.html On a steamy summer night near Manhattan's Washington Square Park, real estate agent Jay Glazer hoped a redesigned roof deck might help draw potential buyers to the open house...
Are there many sellers who will consciously "list it a little bit low"? The hottest bidding wars are over the well-located houses that have many current upgrades - even those listed for retail. P.S. This should be one of the last TV stories on bidding wars....
Musicians should write more songs to inspire America:
Attention Premier Agents - wondering where your money is going? http://nypost.com/2016/07/12/real-estate-ceo-ironically-overpays-for-his-own-18m-home/ The next time you’re surfing popular real estate listings site Zillow for a new home and stumble across a “Zestimate”...
Petco Park can handle the big stage, and San Diego is a gracious host. Now if Padres ownership would just put a winner on the field, maybe we could see a World Series at Petco someday! (Management changes are rumored to be in the works). Here's the ASG from my...
The rest of the year is shaping up quite nicely - if all that matters are stats. After a slow start in 1Q16, we closed 909 sales in the second quarter! After a strong 2015, there was some expectation for a pullback this year, but not yet - we exceeded the 2Q15 total...
Being self-sufficient today can include growing your own food. Here is a new-home tract that includes farmland within the community: http://www.marketwatch.com/story/why-farmland-may-become-a-more-popular-neighborhood-amenity-than-a-golf-course-2016-07-11 Amy Fahey...
Anyone who was planning to sell during the season has probably listed their home for sale by now, and in the next few days we should be reaching peak inventory for the year. Don't think that you have missed out though - the low rates should keep buyers engaged....
