Thanks daytrip for sending this in - a surprising verdict, and if it wasn't such a high ticket price, it may not have gone this way: MSNBC host and former ad exec Donny Deutsch scammed a real estate broker out of a $1.2 million commission in the sale of Deutsch’s $30...
Year: 2017
Inventory Watch
New inventory is dropping off - for the first time on this chart we've had fewer than 90 new listings three weeks in a row: Week New Listings New Pendings Feb 6 101 55 Feb 13 89 55 Feb 20 92 57 Feb 27 66 73 Mar 6 102 66 Mar 13 99 59 Mar 20 93 82 Mar 27 82 60 Apr 3 104...
Open House Report
A feel for the entry level of La Jolla! Open Sunday 12-3pm! 3340 Caminito Vasto, La Jolla.
La Jolla Open House
Glad to be back home Saturday in my favorite town of all-time, La Jolla, CA. Please join me 1-3pm Saturday for open house at 3340 Caminito Vasto! Zillow is supposed to be auto-uploading every listing with 60 minutes, but here we are eight hours after MLS input and my...
How Long Have Sellers Owned
Who is selling? The last column below is regarding the 99 NSDCC houses sold between June 13-22 – these are the years when the sellers purchased the home they sold: Year Purchased 12/12/15 3/19/16 6/18/16 12/13/16 4/3/17 6/30/17 0 – 2003 41% 42% 39% 57% 48% 32% 2004 –...
Malibu Kinda Oceanfront
Be careful about buying online - watch this video below and see if you can tell that Pacific Coast Highway is between the house and the beach. It sold for $15,850,000:
NSDCC Market Velocity
The C.A.R. is using a new metric - market velocity, which is what we've used here frequently to compare monthly solds to new listings: Market Velocity – home sales relative to the number of new listings coming on line each month to replenish that sold inventory –...
The Future of Realtors
Notorious Rob has a series of posts about the new CEO for the National Association of Realtors, and the future of the realtor industry. The interesting part is that the current president of the N.A.R. responded, which only brought up more questions. Rob's blog with...
Check Your Velo
We've had it so good for so long, we're bound to have some bouncing around. Our cheerleaders want to make it black and white = sales down, prices up: California pending home sales stumble for fifth straight month in May LOS ANGELES (June 28) – Even with a strong...
Encinitas Settler
A beautifully maintained beach bungalow from the 1940's - there won't be many more of these! Thanks Dave Miller!