Last year at this time we were in shock at the thought of what a Trump administration might mean for our real estate market - there was no telling what was going to happen! It's not a stretch to say that next year should be easier to predict! Factors to consider for...
Year: 2017
Inventory Watch
Last week: We should see a bit of a surge this week before more people shut it down for the holidays! We did see a bump in new pendings this week - there were 46 new listings, and 60 new pendings! The week before Thanksgiving and the last week of the year typically...
Big Blue Lake
A video tour of a Solana Beach condo that sold for $1,638,500 last month:
Facebook RE Advertising
Advertising houses for sale on Marketplace can't be far off now - will some sort of brokerage or mortgage services be next? LINK Last week, Facebook announced that U.S. users are able to search for housing rentals on its Marketplace platform. Like Craigslist, Facebook...
Carlsbad Entry Level
Joe Johnston is a long-time friend and a valued member of Klinge Realty since 2005! Here is his tour of his new listing in Carlsbad, priced at $730,000: https://www.zillow.com/homedetails/2770-Southampton-Rd-Carlsbad-CA-92010/16650779_zpid/
House & Senate Tax Reform?
For tax reform to be implemented, our politicians will need to negotiate and compromise on the existing terms:
Vacancy Rates
Buy rental properties! San Diego's vacancy rate is also 2.9%, same as L.A. https://calmatters.org/articles/frequently-asked-california-housing-crisis-questions-answered/
Master Bath Remodels
Thumb through any home decor magazine, and you'll see a master bathroom with a soaker or shower as the showpiece. Ta-da! Homeowners, it turns out, are splurging to scrub up, according to the recently released U.S. Houzz Bathroom Trends Study. Ninety-one percent of...
Kasita
If there were a viable housing unit that you could buy for less than $25,000, it could change the marketplace. But these start at $99,000: https://kasita.com/faq/
San Diego’s October Report
This company surveys real estate agents every month around the country - here is the October report from San Diego realtors: Low inventory is the constant theme, but there are 5,157, houses and condos for sale in the county currently. Maybe we just need to get better...