The California Association of Realtors has released their 2019 forecast (above). Their projections haven't been that close, which means their guess of 3.3% fewer sales should end up being -5% to -8%. The pricing statistics should keep rising though, due to buyers...
Month: October 2018
Downtown Carlsbad
Here's the view and a brief tour of the 2,533sf single-level listing that Jana has in Summer House, priced at $2,695,000:
4 Non Blondes
When both Lady Gaga and Pink cover your song, you've done pretty good:
Extreme Sailing Oct 18-21
With the racing taking place just five metres from the shore of Harbor Island, the man-made peninsula located close to Downtown San Diego, the Series looks set to make a show-stopping return to the Americas for the penultimate Act. Enjoying a very temperate climate,...
SD Tiered Pricing
We're in record territory, price-wise, so it's no surprise that buyers are being hesitant. Sellers who have been unsuccessful will shrug off the second half of 2018 as a 'bad' market, and try again next spring with the same enthusiasm. Will buyers shrug it off too?...
Aggressive Pricing
Tom feels the way I do - lower the price early, while urgency is in play. Redfin raised their estimate for a third time, now at $1,055,196, so our new $999,000 list price looks very compelling! I expect Redfin will lower their estimate shortly. This is from Friday...
NSDCC September Sales
Our NSDCC sales in May and June were down 20% each, but then we bounced back in July and August to match the sales from 2017. But the sales last month were disappointing (down 20% again): NSDCC September Sales Year # of Sales Avg $$/sf Median SP Median DOM 2013 263...
Modern Farmhouse in Oceanside SOLD
Tom's modern farmhouse sold for $975,000! https://www.zillow.com/homedetails/1830-Stewart-St-Oceanside-CA-92054/16585098_zpid/ Authentic and like-new modern farmhouse west of I-5 - wow! New roof, new HVAC, new baths, new and expanded kitchen with chef's island, master...
CV Tract House
Here's a tour of a popular 3,377sf floor plan in the gated Santa Barbara tract by Pardee in Carmel Valley. This closed for $1,450,000 last week, and the agent noted that there was $50,000 in water damage, which probably accounted for the discount off the list...
Buffett Closed On Friday
Hat tip to Kerry for sending in the final result of Warren Buffett's beach house in Laguna Beach: Billionaire investor Warren Buffett has sold his California beach house for roughly $7.5 million, or 32% less than its original asking price, according to a spokeswoman...