Our local market is still kicking - the number of pendings went up this week (+1%), and we had more new listings than we've had in a month (91). But it's a market for the affluent - literally 55% of the houses for sale between La Jolla and Carlsbad are listed for more...
Month: September 2018
NSDCC August & Jan-Aug Sales
How did your area do last month, and for the first eight months of the year? It would be sufficient to just keep close to 2017, which was a good year for sales: Town or Area Zip Code Aug17 Aug18 Jan-Aug17 Jan-Aug18 Cardiff 92007 7 8 49 39 NW Carlsbad 92008 23 20 147...
Home of the Future
A fridge with internet, cameras and microphones! Thanks daytrip:
Risky Off-Market Scenarios
This is how the industry enforces the rules - run an article like this every once in a while that gives tips how to CYA. We do have a form that absolves agents from wrong-doing, which just begs agents to ignore the rules: From N.A.R. If you or your client is...
New Zealand
We've been exploring other towns around the West as alternatives for San Diegans who want to downsize. Heck, let's pick it up a notch! Years of doomsday talk at Silicon Valley dinner parties has turned to action. In recent months, two 150-ton survival bunkers...
The Mortgage Crisis
Matt Taibbi has a good summary of the mortgage crisis here: https://www.rollingstone.com/politics/politics-features/financial-crisis-ten-year-anniversary-723798/ An excerpt: Restoring compensation levels was one of the first and most urgent priorities of the bailout....
The Reality of iBuyers
The ibuyer is the sexy new shiny object in the real estate game. While the idea of a quick and easy sale sounds great, the reality is already much different - and, as the market transitions, their quotes and repair costs should get more conservative (and home sellers...
Robert Plant
Robert Plant and the Sensational Space Shifters are going to be at Kaaboo on Sunday! How many more times will we have a chance to see him play live in San Diego? Here is the band playing a Led Zeppelin classic that probably has something to do with so many of us...
SB One-Story
A tour of a property that had been on the market since March, but because it was a good-looking 5,328sf one-story in a convenient location, the right buyer came along. This closed for $2,800,000 last month:
Ten Years After The Bubble
For those who study our housing bubble history, here's a report by Dean Baker, a senior economist at the Center for Economic and Policy Research: Link to...