We might be seeing some whipsaw effect with today's buyers being overly cautious. Either that, or we've ran out of the buyers who jump in too fast or too high, and just the deliberate ones are left: Millennials aren’t exactly jumping for joy after purchasing their...
Month: July 2018
RSF Village
Like most of the videos seen here, this was a home tour for a potential buyer. It also includes my basic intro to the village too. The home sold for $2,350,000 in February:
Jonathan Butler
Hat tip to Peter who alerted me to this show featuring Jonathan Butler! Spend an evening under the stars listening to smooth jazz and doing a little something for the music department in Oceanside: ? https://www.sandiegoreader.com/events/2018/jul/28/jonathan-butler/
Boomer Liquidations 2
Rob Dawg is skeptical (as I have become) that boomers will be fleeing their long-time residences any time soon: Reader Ty Webb isn't so sure though: For the most part, boomers own the houses, so besides the usual Big 3 reasons for selling (death, divorce, and job...
Bubbleinfo 2018
I did send yesterday's blog post to a few Compass executives about my suggestion that we could use an educational advertising campaign to counter the lies and deceit being put forth by the scumbags. Nobody said to shut down that stinking blog, so I think it's all good...
Boomer Liquidations
It's just a matter of whether it will be a trickle or a flood: The preference for baby boomers to age in place has been blamed in part for lower homeownership rates among millennials, who have been forced to compete for a smaller slice of available properties on the...
Compass, Day One
The discussion about affiliating with Compass included trying to predict the future of the market, and realtors in general. Historically, there has been a lack of widespread advertising because the realtor business was mostly mom-and-pop operations. But now that big...
Klinge Realty Powered By Compass
When I first started selling homes, most brokerages were mom & pop offices on the local corner. Man, how times have changed. Now, venture capital is flooding the industry, and some outsiders flush with cash are trying to convince you that cheaper is better -...
Inventory Watch
The MLS was shut down for the weekend so they could move the servers to their new location. They should have just thrown them out the window! So these numbers are suspicious, though I took them a little later on Monday morning: The UNDER-$1,000,000 Market: Date NSDCC...
Kayla Is Moving to NYC!
Kayla has dreamed of moving to New York City for years, and has friends who have moved there already. In our annual Christmas letter last year, she told everyone that she planned to move to Manhattan in 2018 - and she's doing it! She has amassed five solid years of...