From me to you - Thank you, and Merry Christmas!
Year: 2016
Spanish Colonial Revival $9.2M
Spanish Colonial Revival Style Estate in the Covenant of Rancho Santa Fe from Video Sells Real Estate on Vimeo.
November Pendings
*Note: C.A.R.’s pending sales information is generated from a survey of more than 70 associations of REALTORS® and MLSs throughout the state. Pending home sales are forward-looking indicators of future home sales activity, offering solid information on future...
2017 Market Conditions
Our Carmel Valley sale closed yesterday, with two notable lessons for me. Note #1 - We had seven offers, but couldn't get anyone to pay 1% over list - the list price was $729,000, and it closed for $735,000. Usually when there are multiple offers, one or two of...
2017 Market – Morning Briefs
To help guess about what might happen in 2017, let's look at the history of the San Diego Case-Shiller Index over the last five years. The red marks are the January readings. It looks like we have gotten off to a quick start the last three years, but I think this data...
Whitney Houston
Let's get into the holiday spirit, shall we?
The Crux
Home sales that aren't a result of a bidding war usually have some give and take in price negotiations. It has been a seller's market since 2009 around here, and the trend of the sellers getting what they want is baked in the cake by now. Will it change in 2017?...
Property Descriptions
The MLS remarks are a personal pet peeve, but touchy. I once had sellers object to what I thought was a more-crafty description, and they insisted that it sounded more like the rest. I'm glad the author included 'boasts' - see link at bottom: When listing your home...
2017 Predictions
Logically, it would make sense to expect that higher rates AND prices would raise the home-selling intensity to a whole new level. Buyers will expect prices to re-trace somewhat, and will probably think, "Can't we just go back to 2015 prices?" And sellers will think,...
Inventory Watch
Whether it's due to rising rates, the Trump effect, or just pure demand, our local market keeps rocking! New NSDCC detached-home listings this week: 45 New NSDCC detached-home pendings this week: 58 In spite of being smack dab in the middle of the holiday season, and...