Hat tip to Eddie89 for alerting us to how the sale turned out: A bidding war recently broke out over a prime piece of California real estate — and it wasn't for a tiny San Francisco condo. In this case, a dozen offers were made for an entire town, the 19th-century...
People question how big of a problem it is that listing agents withhold their listings and sell them before inputting them onto the MLS - which denies their own sellers the benefit of open-market exposure, and potentially a better offer. Above is a sample from today's...
Historically, we have considered our market to be relatively ‘healthy’ when the actives-to-pendings ratio is around 2.0 - but that thought originated when prices were about half of what they are today! But all in all, we're in pretty good shape today. The active...
The pending count finally reversed course and gained 6% this week, after dropping for the last five weeks. Just in time to be greeted by this ZH post on the three stages of a housing bubble - hat tip to Doug for sending in: Stage One usually ends with price spikes in...
My thoughts on how to interpret your pricing results:
Here is my open-house report from Carmel Valley, with a clip at the end of how embarrassing it can be to be a Padres' fan these days.
Do you want to use the equity from your current home to purchase your next home? How to access those funds is a common dilemma, because no one really wants to sell their current home unless they have their next home lined up. Making an offer to purchase a home that is...
Daytrip sent in this link to ZH, and it typifies what we'll probably see up and down the coast and rich people battle it out with everyone else who is left. The wackos will be the most obvious on the front lines in the beginning, but eventually there could be a...
Reader AI mentioned Patagonia and Sonoita in southern Arizona as two good places to consider, but both are really small - about 1,000 people each. Because most of this audience is made up of city-slickers, I picked a bigger town to feature as an introduction to...
My new listing in Carmel Valley, listed for $1,078,000, and hopefully priced attractively for today's market by realistic sellers. Open 12-3pm Sat&Sun! Nice buy in the Del Mar school district and ideal for those who prefer a low-maintenance lifestyle - the yard is...
