I was asked yesterday about the chances of the bubble bursting. My answer was, "No chance". But these things run in cycles, and eventually won't the market will cool off? Yes.....some day.....and when it happens, our market will stagnate, rather than see prices...
Month: August 2017
Beatles at Balboa Stadium 8/28/65
Off-Season Selling
The pricing triangle above demonstrates the importance of an attractive list price. These percentages are probably cut in half during the off-season, but there are still buyers - I've run into two bidding wars this week!...
Selling Priorities May Vary
There are many ways to sell your house, and the best salesmen almost always prevail. Greed isn't what it used to be!
Kayla’s Trendy Tuesday
What Do I Do With That Bonus Room?! Most homes have some sort of bonus room whether it be a basement, attic, extra space in the master suite, or maybe even that bedroom that's a tad too small to fit a queen bed. The majority of people think about ripping a wall down...
Housing Crisis Due to Flippers
We saw this happen in Bressi Ranch when Jenae and Company went on their 100% financing spree. Her victims weren't deadbeats - instead, they had good credit scores and other assets, and they were just duped into the get-rich-quick scheme. When it didn't pan out, they...
“Why Are You Selling?”
From realtor.com: http://www.realtor.com/advice/sell/why-are-you-selling/ “Why are you selling your house?” might seem like a perfectly innocent question from home buyers, but watch out—if you're the home seller they're asking, this is one of the diciest questions you...
San Diego Case-Shiller Index, June
With September starting on Friday, the June report feels a bit historical, especially when it is a weighted three-month average. But it shows that the first half of 2017 was strong sellers' market in San Diego: San Diego Non-Seasonally-Adjusted CSI changes: January...
Carlsbad Newer
This house was built in 2013 and has the master suite downstairs, with other bedrooms up - which isn't as popular as you might think. The older buyers who want a one-story think these are more house than they need, and the families with infants aren't gung-ho about...
One-Story vs. Two-Story
The other day, an appraiser mentioned to me that he had just completed a study comparing the prices of one-story houses vs. two-story. He had done a similar study ten years ago, and found that the premium being paid for a one-story then was about 5%. Today, he found...