A quieter week but still plenty of new pendings: Week New Listings New Pendings Aug 7 99 71 Aug 14 76 65 Aug 21 83 62 Aug 28 96 60 Sept 4 74 71 Sept 11 81 42 Sept 18 77 47 Sept 25 67 59 Oct 2 71 61 Oct 9 96 63 Oct 16 72 51 Today's NSDCC median list price: $2,300,000...
Year: 2017
Rust
A tour of some old Chevys:
Update on Boomer Liquidations
Coming to a neighborhood near you....some day! From cnbc.com: LINK Jeff Swaney is worried about selling his 5,600-square-foot home one day. In his neighborhood south of Atlanta, demand and prices for large ranch houses like his have declined over the last decade, as...
CDM Flip
What a flip! This sold for $4,100,000 in 2014, was rebuilt, and then sold for $10,700,000 two years later: https://www.zillow.com/homedetails/4533-Orrington-Rd-Corona-Dl-Mar-CA-92625/25503497_zpid/
Vampire Squid Offers Flip Financing
Add house-flippers to Goldman Sachs' ever-expanding roster of potential clients as the Wall Street firm hunts for new ways to make money. Lending has taken an increasingly higher profile at Goldman, where once-prominent trading desks have had their wings clipped by...
Bernardo Fire Video
A reminder that fires can hit close to home too - be prepared: http://www.latimes.com/business/la-fi-richfire26oct26-story.html
After the Fires
An article that details some of the impact from the fires. The area had a 1% vacancy rate, so for people who got burned out, there is no place to go. If only half of the residents rebuild, then there will be ample opportunities for new people to get in, but at what...
San Diego Water-Conservation Rebate
http://www.nbcsandiego.com/news/local/City-To-Offer-Up-To-17000-Rebate-To-Replace-Lawns--450681053.html The City of San Diego is offering a lawn rebate, $4,250 for residential owners and $17,000 for commercial owners to replace their grass, in an effort to encourage...
Taste of Carlsbad
A walking tour of downtown during the 1st Annual Taste of Carlsbad. They had a limit of 500 people so it was fairly subdued, but good to see enthusiastic promotions and many new businesses! Thank you Peter J. for the hospitality!
‘Coming Soon’ Defined
The 'Coming Soon' tactic has been around for a few years now - long enough that it's become an accepted part of the murky, unregulated landscape, just like short-sale fraud. Because there is no enforcement of the rules or laws, we have to trust that agents handle it...