We were due for a surge in market activity with rates coming down, and the Chargers and rain both being done. Several agents are reporting increased activity over the last few days, and it seems like buyers are engaging. We should see heightened activity for the...
Month: January 2019
Bidding War!
We ended up with three offers on our Gladstone listing, and a bidding war! Bidding wars don't just happen; somebody has to spur them on, coordinate them effectively, and keep the focus on winning and losing, and not the price. The home had its foibles too. It only has...
Encinitas Pre-Approved ADUs
The cities of Carlsbad and San Diego should do this too: Encinitas is offering homeowners a money-saving solution for building granny flats on their properties, hoping that these units will help meet the city’s housing goals. The City of Encinitas created...
Jim in Business Insider in 2014
This was published on April, 2, 2014. The SD Case-Shiller is 28% higher today than it was then, and the trading hasn't thinned out much, at least not yet. We had 2,850 NSDCC sales in 2014, and 2,801 last year: Below is a Q&A with Jim Klinge, the head of San...
Inventory Watch
We saw the local SD Case-Shiller broken down into pricing tiers for the whole county, marking what the buyers are paying for same-house sales. To gauge the sellers' expectations, here's the trend for list prices of detached-homes between La Jolla and Carlsbad over the...
Shake and Bake
A week ago these sellers had no expectation of moving any time soon, and certainly hadn't done anything to prepare for sale. But we found the right house to buy, if we can only sell this one. Let's get on it! Tuesday and Wednesday the ceilings were scraped,...
Redfin Estimates
Be careful with those Redfin estimates - they are tied to the list prices. The snip above was taken on January 15th, and the one below was taken last night. It's hard to believe the actual value went up 12% in 48 hours: Should they have the ability to revise their...
Tamarack Point – SOLD
An affordable way to buy a quality one-story home in Carlsbad! Located at the end of the drive with tranquil views over the valley, this upgraded townhouse has the entire living area at the entry level (2brs&2ba), with only the loft being upstairs and nicely...
Carlsbad Affordable
Here's our first listing of 2019 that is undergoing a full tune-up in time for open house this weekend - we can move quick but not in a hurry! (John Wooden) On Sunday we won a bidding war between contingent offers, and one of the stipulations was to get this home on...
San Diego Tiered Pricing Graph
No surprise the trend shows the higher the price, the softer the price increases. The lower-end market keeps humming along, while the higher-end market isn't - and the connection between the two is getting fuzzier by the day. With the struggle of moving up or down...