Month: May 2017
Property-Tax Postponement
A reader asked if paying property taxes was mandatory, or if there was a bailout program available. The state has a program, but you have to apply: The State Controller’s Property Tax Postponement Program returned in 2016 after being suspended by the Legislature in...
San Diego HUD Low-Income
The rich, and everyone else. Thanks daytrip: http://www.ocregister.com/2017/05/03/84000-a-year-now-qualifies-as-low-income-in-high-cost-orange-county/ A family of four with an annual income of $84,450 or less now qualifies as low income in Orange County. A single...
New Listing in Old Carlsbad
I'm honored to represent blog readers Kevin and Nancy in the sale of their home in the heart of Old Carlsbad! Though these are connected to their neighbors, they are SFRs on their own lots - and this might be the best location in the complex! Here is a video tour:...
The Doors
If you don't count the personal hit-and-runs with Magic Johnson, Kareem Abdul-Jabbar, Tommy Lasorda, Lexi Thompson, Exene Cervenka, John Doe, Eddie Van Halen, and Bob Dylan - and that Kato Kaelin is my fraternity brother - then the biggest celebrity that I have ever...
NSDCC April Sales
An update on last month's sales and pricing: April Number of Sales Avg $$/SF Median SP Avg DOM Median DOM 2013 303 $420/sf $955,000 42 16 2014 258 $456/sf $1,052,500 50 26 2015 278 $473/sf $1,090,000 47 20 2016 299 $521/sf $1,129,197 40 19 2017 265 $541/sf $1,335,035...
Investors in Carmel Valley?
A reader asked if there has been an influx of investors around Carmel Valley. Buying an investment property is worth considering. Money sitting in the bank couldn't be more idle, and the rents around the 92130 have been averaging $2/sf, which is pretty strong. We've...
JtR’s Real Estate History
Here is a cruise through Del Cerro, which is across the freeway from SDSU. The video didn't pick up my intro that described what realtors can do in a low-inventory environment - expand the target zone, just like buyers should. After a short stint in P.B., I spent my...
Inventory Watch
The great weather helped to fuel home sales this week! The 111 new listing were the most since last July, and the 88 new pendings were the most we've had since June 8, 2015! We're in the peak selling season! Week New Listings New Pendings Feb 6 101 55 Feb 13 89 55 Feb...
