Market conditions are favorable throughout the NSDCC. Here are stats on the individual areas: Area Zip Code ACT PEND SOLDS - April Months of Inv. (A/S) Cardiff 92007 19 11 9 2.1 Carlsbad NW 92008 38 37 18 2.1 Carlsbad SE 92009 75 78 52 1.4 Carlsbad NE 92010 15 33 11...
Month: May 2017
N.A.R. Sales Propaganda
http://www.realtor.com/news/real-estate-news/home-prices-rising/ An excerpt: "Prices are increasing faster than we expected them to because of the continual shortage of new homes coming onto the market," says Senior Economist Joseph Kirchner of realtor.com. "People...
The Future of Selling Homes
The onslaught of new-fangled ways to sell homes is getting bogged down in their own zeal - there are so many choices now, which way do you go? You have the sexy off-market package driven by celebrity realtors above, or the typical new-age mobile app at a discount...
Inventory Watch
Another fantastic week! In spite of Mother's Day, we still had 80 new pendings - this has to be the hottest three-week stretch we have had since 2013. There can be a lull around graduation season, but we might blow right through it this year. Keep the new listings...
Happy Mother’s Day!
Dual Agency Is No Good?
The idea of an agent representing both buyer and seller in the same transaction gets a lot of play among realtors and consumers alike. The do-gooder agents will tell you to get your own realtor, instead of relying on the listing agent to be your agent too. Most of...
Slab Repair by Foam
Bank of Mom & Dad
For those wondering how the market could sustain momentum, consider that twice as many parents are planning to help their children purchase a home than have already contributed. They want to leave a legacy, and besides, you can't take it with you!
Boomers
A quarter of Californians who are 55 and older haven't moved since the 1970s? Get used to seeing older homes needing a full upgrade coming to market over the next 5-20 years. We are overdue! Save
“You Do Whatever It Takes”
It's one thing to offer above the list price, but would you waive all contingencies too? I think a judge would be reluctant to have a buyer lose a deposit. Listing agents who might keep a deposit should do a pre-listing home inspection, and give a copy to anyone...