We attended the Compass REtreat in Los Angeles over the last day and a half. It was a quick get-together to roll out the future plans, participate in four breakout sessions on the usual topics - social media, team-building, scripts, and risk management - and attend...
My top 3 are downstairs br/ba, kitchen remodel, and office/game room. Here are Bob's Top Eight: https://www.bobvila.com/slideshow/the-best-things-you-can-do-for-the-value-of-your-home-48686
They should ditch the Park Hyatt Motor Lodge, bring back the Four Seasons, and have lunch today with Toll Brothers (who built 672 homes at the 200-acre Robertson Ranch). If they can build 500 homes on the roughly 200 acres of golf course, the dirt would be worth...
Kayla returned from Manhattan for the long Thanksgiving weekend, and we were talking about the sluggishness in New York City market, which has been going on for 2+ years. By now agents have learned that there's no use fighting it - you have to learn to adapt. It was...
Superior location but home wasn't spectacular:
Today the FHFA announced that they have raised the Fannie/Freddie mortgage limit to $726,525 in high-cost areas: ...
The San Diego Case-Shiller Index dropped for the third month in a row, and is now almost 1% below where it was in June. It's not a surprise to hear that we have tougher sledding in the off-season (see above). We will probably lose another 1% or 2% between now...
The local birdcage liner has an article on price reductions, and mentions that San Diego leads the nation this year. This is how they introduced it: This isn’t a sign that the bottom is falling out of the market. Instead, after years of rapid price increases, experts...
The Inventory Watch started during the last week of November in 2013, as we were coming off a blistering frenzy. Here are the number of active listings logged for the last reading in November: Year Total Number of Active Listings, End of November 2013 907 2014 960...
Home sellers and agents will conveniently write off today's market sluggishness as typical year-end slowdown, and in 2019 they will simply do what they've always done - put a bloated list price on their real estate. You can't blame them - it's their chance to win...
