The all-time record price of $11,500,000 in Carlsbad was just set last month so $30 million may be feasible? The seller did end up losing his case.
Gambler’s House
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Month: April 2018
Robertson Wrap Up
It was almost four years to the day that the drone visited Robertson Ranch - before the development began. Here is a post from 4/17/2014 when I was still piloting the drone, and hit my peak elevation:...
Redfin Estimates Based on List Price
It took a glaring mistake by a listing agent to expose it, but it makes what Redfin does all the more obvious. This listing was inputted this morning with three extra zeros attached, and she didn't notice for a couple of hours. Maybe because the listing agent hasn't...
Birth Rate and Housing Demand
I saw an interesting presentation yesterday about the demand for housing. They noted that household formation begins later in life, usually when people reach their 30s. In the last downturn, it didn't help that the population growth of those in their early-30s has...
Zillow Crowds the Field
Whoever spends the most money on advertising will win, and Zillow spends around $100,000,000 per year. Who can keep up? In the video he says that 90% of the home sellers chose to hire an agent, rather than sell to Zillow: Nearly one year ago, Zillow shook up the...
My New Listing in West Carlsbad
My new listing in west Carlsbad has strong estimates of value: I mention in the video that the house across the street just sold for $1,325,000, but it's not on the MLS - it was an off-market sale. Will it help propel our sale? Maybe - as long as buyers...
Rich’s Take
Rich's latest data is out, and the graph above shows the aggregate pricing for San Diego has increased over 100% since 2009 - click below for the rest of his analysis on inventory, sales, and pendings: https://piggington.com/march_2018_housing_data
NSDCC March Sales
Detached-home sales between La Jolla and Carlsbad are hanging tough - and still no flood of inventory, in spite of much higher prices! NSDCC Stats for March Year # of Sales Avg. $$/sf Median SP Avg DOM # Houses Listed in March 2013 299 $404/sf $840,000 49 503 2014 219...
TT – Closet & Drawer Organization
This week we are going to tackle the closet and dresser. Now everyone is going to have something different in size so you decide what is the best option for you! In my opinion, I think it gives everyone a piece of mind knowing that your closet and drawers are in order...
Regulating SFR Investors?
Now that the big investors have virtually stopped buying homes, a legislator wants to find a way to regulate them. Typically the term “institutional investor” refers to private investment firms that buy dozens of residential properties with the explicit aim of...
