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Month: May 2018
Lowball Offers
It is virtually impossible for lowball offers to succeed in the first week or two - the fresh listings get too many showings in the beginning, and sellers and listing agents are optimistic. Wait at least a month before attempting a lower offer, and don't be surprised...
Anita Baker
Anita Baker played the Open Air Theater at SDSU on 9/11/87 at her prime - we were there, were you? This is one of the songs she played:
Years of Annual Income Needed
Are you thinking of moving out of California? Ohio is nice this time of year. Hat tip to daytrip! The rule of thumb long used by real estate agents and homebuyers is that you can afford a house if its price is equivalent to roughly 2.6 years of your household...
Ethics and ‘Sold Before Processing’
The selling of listings prior to MLS input has happened since the beginning, but in the era of inventory desperation, we're now seeing companies openly advertising 'previews' of their listings before they put them on the MLS. Before long, the MLS will just become the...
Trendy Tuesday
Trendy Tuesday - Shoo fly, don't bother me! It might not technically be 'summer', but it is upon us. The San Diego County Fair will be opening this Friday and my birthday is almost a month away - feel free to send gifts! With the warmer weather starting to roll in,...
San Diego Case-Shiller Index, March
The non-seasonally-adjusted San Diego Case-Shiller Index continued its assault on the record book in March, setting another new all-time high! San Diego Non-Seasonally-Adjusted CSI changes: January ’17 231.21 +0.8% +5.7% February 233.31 +0.9% +6.5% March 235.61 +1.0%...
Inventory Watch
We had 84 new pendings over the last week, which was the highest count of the year! For those who enjoy statistical oddities, the average LP/sf of homes priced under $1,000,000 dropped 8% in one week. But there have been dramatic ups and downs previously - it could...
Memorial Day
Let's remember the fallen: Thanks daytrip:
More Realtor Photos
This website is devoted to real estate photos, with clever captions added: http://terriblerealestateagentphotos.com/