Here are examples of real estate deals in the Bay Area, where buyers are happy just to get a break on the price. http://www.mercurynews.com/2016/09/20/bay-area-real-estate-prices-down-from-august-up-from-a-year-earlier/ Here are excerpts: In the Bay Area housing...
Month: September 2016
Bruce Avenue Closed!
Here's the follow-up to the Glendale story that started here: https://www.bubbleinfo.com/2016/08/28/realtor-video-tour-2/ As you can see in the video, the house was all original from 1941. There was a deliberate attempt by the trustee and agent to price-in the...
Where Would You Go?
OK, OK, Jim, it does sound like a good time to us to sell and move. But where would we go???? Check out my lists of ideas here (also found in right-hand column): https://www.bubbleinfo.com/general-information/where-to-move/ P.S. Never put a bandstand on the infield!...
Behind the Curtain
After enjoying the content of the first couple of dozen listings, I decided to turn on the camera and let you see what it is like being me - or any other agent out there who works with buyers. P.S. The price point doesn't matter - this is what it's like. I forgot to...
Effects of Prop 13 on Selling Your Home
The low-inventory conditions have several contributing factors, one of which is the Prop 13 cap on property taxes. The long-time owners sure don't want to pay what would be much-higher taxes if they move up, thus the turnover has slowed considerably: Moving down,...
Inventory Watch
The inventory dropped across the board this week, but it still feels bloated - the decline was only 1.7%, leaving 1,072 houses for sale. Anyone who has their house priced on the higher-end and has been trying to sell for months should cancel and wait until next year...
Smart Selling Tips
When you’ve decided to sell your home, the last thing you want to do is spend money to spruce the place up. After all, whoever buys it is going to replace those outdated kitchen cabinets and grungy bathroom tiles anyway, right? “We’re often asked why any money should...
Real Estate ADD
The iPhone 7 is out! Smart phones and other mobile devices now dominate the landscape, and are practically part of the family. Thankfully, they don't need their own bedroom and bath! Most people scroll so quickly that they only take split-seconds to decide which...
Feng Shui Tips for Selling
A compilation of the best ideas: Make the Front Door Welcoming Energy enters your home at the front door, so invite it in! Make your door stand out by painting it a color that contrasts with your home, adding a new welcome mat and flanking the door with plants. Choose...
DOM Matters
Our local market has been healthy/strong since 2009, with virtually every property in North San Diego's Coastal region having risen 30% to 50% in value. But the slowdown is here, which probably means prices are going to flatten out. Sellers and agents who priced too...