We did open escrow before Thanksgiving on the sale of the two-bedroom home in Trilogy 2 in Carmel Valley. The MLS entry had been on Friday morning, with open house scheduled for 12-3 on Saturday and Sunday. The weather was somewhat overcast, it is a gated community,...
The good doctor pointed out that there are more high-paid renters in San Francisco than homeowners now: http://www.doctorhousingbubble.com/wealthy-renter-households-in-san-francisco-outnumber-owners/ The graph shows 20% of renters in San Diego are making more than...
Our local Case-Shiller Index has slowed down considerably, rising just 1.3% over the last five readings. The September reading rose 0.057% - be prepared for an occasional negative reading from now on. "The housing market has been favoring sellers for the past few...
Have you ever been frustrated with a bidding war? Don't despair - we have a new form! I hope every broker has been using some version of this for the last 6-7 years. What struck me was how this could perpetuate the belief that all we do is fill out forms. Ask...
It's that time again - experts making predictions for next year! We might as well start with the big kahuna, whose predictions are a tad vague: Here is Zillow's look ahead at the 2017 housing market: Zillow's 2017 Predictions Cities will focus on denser development of...
The Inventory Watch started the last week of November in 2013. Here is how the La Jolla-to-Carlsbad market has fared: Last Week of November Under $800,000 # of Active Listings LP $/sf Avg. DOM Avg. SF 2013 95 $376/sf 47 1,988sf 2014 122 $373/sf 46 2,007sf 2015 70...
Unfortunately for the sellers of view homes, the local marine layer tends to impact the prime selling season. Buyers would much rather see the view with their own two eyes, rather than rely on photos! https://en.wikipedia.org/wiki/June_Gloom Save
The share of homes selling above asking price edged up from 27 percent a year ago to 28 percent in October. Conversely, the share of properties selling below asking price dropped to 44 percent from 47 percent in October 2015. The remaining 28 percent sold at asking...
The new law only requires that sellers disclose if they are not in compliance - but most buyers will expect sellers to bring their house into compliance before close, won't they? http://www.car.org/legal/disclosure-folder/water-conserving-plumbing-fixtures/...
