I'm standing way too close to the camera here. Do yourself a favor - put your device down, and stand on the other side of the room when watching this: https://www.zillow.com/homedetails/7516-Brava-St-Carlsbad-CA-92009/16677014_zpid/...
Year: 2018
Mortgage-Rate History
For those who insist on reminding us that rates are still historically low, here's a colorful demonstration of where we've been. Today's rates are as high as we've seen this decade - which is all people remember! (Click to enlarge)
Inventory Watch
Now that the media is trumpeting a slower housing market every day, you'd think there might be more sellers hitting the panic button and listing their house for sale this year, rather than wait for the Glut of 2019. But this week, the number of new listings dropped...
NSDCC Actives/Pendings
Here are the stats for the NSDCC detached-home market (La Jolla to Carlsbad): Reading Date Actives Pendings A+P A/P Oct 28, 2015 970 358 1,328 2.71 Feb 1, 2016 788 254 1,042 3.10 Mar 23, 2016 900 399 1,299 2.26 June 21, 2016 1,052 428 1,480 2.46 Aug 17, 2016 1,060 395...
Stucco Valley
A good example of today's market conditions. At first, you would think a bank-owned house in the prime Derby Hill community in Carmel Valley would garner a lot of attention, and sell quickly. But this one isn't tricked out with extras, and it's not a canyon lot...
Redfin Estimate Drops $90,956
Another example of how the Redfin estimates aren't generated from some snazzy algorithm - they are just tied to the list prices. Above is the before-MLS-entry estimate of $823,185. Below is their estimate after the MLS listing got into their system: $732,229
Estate Sales Online
This idea is ingenious! Maxsold has a team of staff people in San Diego County to come to your house, photograph all your stuff, and then sell it online for you! Check out this video: ? Get started here: https://infl.tv/eLwm
La Costa Fixer w/Granny Flat
For those who want to build out a project your way, have I got a deal for you! The architect drew up plans for a 3br/3.5ba house plus a 1br/1ba granny flat, and they just needs the finishing touches. Last sale nearby was 7503 Solano St for $975,000 in June. Will not...
Ocean View in Skyloft
We've gotten into a price war in Skyloft, with different but competing listings all looking for the next buyer. Here's the best ocean-view deal in Encinitas! https://www.zillow.com/homedetails/1720-Burgundy-Rd-Encinitas-CA-92024/16661089_zpid/
Hometainers
I love this idea - but $140,000 each? Hat tip Eddie89! The region’s first housing project made from shipping containers could open as soon as April, providing homes for 21 formerly homeless veterans and possibly paving the way for hundreds of new affordable and...