This is the chart first displayed on November 1st, with this version showing the updated count for last month's closings per day. As you can see, we are coming off a scorching October around NSDCC - almost as hot as 2012, which led to the Frenzy of 2013: Year October...
The real estate industry is famous for pushing only the positives - and poo-pooing the negatives. Under frenzy conditions, buyers get caught up in the hustle, but these days they are paying close attention - and being more demanding about what they get for their...
Every agent involved in a transaction has to complete their Agent Visual Inspection Disclosure, which is a real art form for listing agents. You have to disclose everything without blowing up the deal! You have to be mindful of the calendar too. I want the first deal...
Premium location on huge 8,438sf pie-shaped lot at end of culdesac with panoramic ocean views to Catalina Island! Great floor plan with downstairs bedroom and full bath, stainless appliances in kitchen, new carpet, high ceilings with plenty of light, and pool/spa!...
Dropping the required owner-occupied ratio from 50% to 35% should open up more opportunities for condo buyers and sellers, but yes, the mortgage guidelines are getting easier and easier. Owner occupied units are defined as principal residences, secondary residences,...
Door-to-door soliciting:
Here's our new listing that has been undergoing renovations for the last month, and is hitting the open market today: http://www.zillow.com/homedetails/10327-Carioca-Ct-San-Diego-CA-92124/16869420_zpid/ The sellers had added 500sf and remodeled the kitchen and baths a...
What could go wrong? http://www.housingwire.com/articles/38430-sofi-and-fannie-mae-announce-cash-out-refinance-student-loan-offering Capitalizing off of its start as a student lender, SoFi and government-sponsored enterprise Fannie Mae announced a new loan option on...
It would be natural to assume that sales start dropping off once we get into November. But do they? Not really. November has the most holidays of the year (three) when the county recorder's office is closed. Let's compare the number of NSDCC closings per business...
