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?...
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...
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...
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...
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...
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...
In the never-ending attempt to make sense of the market using data, it is interesting to note today that in two out of three price categories, the current pendings are priced higher than the actives. Price NSDCC Active Listings Avg. LP/sf NSDCC Pendings Avg. LP/sf...
There may be reasons for a market slowdown, but there is a fascination about real estate that keeps people engaged. We had 200+ people attend the open houses this weekend - wow! We haven't received offers yet, but if those 200 people tell another 200...
Trying out the Compass tools:
We're lighting up the internet - it's good to have a positive first impression! Zillow ad: Facebook ad: Here's how the shower door turned out: Come by 12-3pm this weekend!...
