Carlsbad was named as one of the best cities to live in America for 2019, according to rankings released by Niche, that ranked the city as No. 21. The "Best Places to Live" rankings include cities, city neighborhoods and suburbs. Niche defines a "place" as a...
Month: March 2019
No Payments for Eight Years
Those who pay their bills on time will cringe at how people can work the system successfully. Hat tip to SM who sent in this story told by a mortgage rep in Orange County: My client had both a first and second mortgage on his Southern California home. He fell on hard...
Inventory Watch
Statistics can be quirky, or maybe St. Patrick's Day is a real holiday? The new listings dropped off 18% this week, just like in the 3rd week of March last year! In 2018, the number of pendings hit a peak in the third week of March, and then dropped four consecutive...
Open-Concept Reversal….Not So Fast!
We had that story about the open-concept (great rooms) going away, due to them being too noisy and less private. But Susie disagreed, and sent in a couple of photos of her new 2,321sf house in Boise, Idaho that cost $491,000 (for those who might be thinking of...
History of Housing Discrimination
Giorgio's film Owned goes deep on these same topics:
One Paseo
Saturday is the grand opening of One Paseo, the master-planned community in Carmel Valley that has been 13 years in the making. Here is my video, and their video which includes a cameo of Becca from Bachelorette Season 14:
HGTV Influence on Buyers
Home sellers have a lot to worry about: Will anyone want to buy their property for its full asking price? How long will it take to find a buyer? Is it really worth the expense and trouble of staging a home to boost its desirability with buyers? "Heck yes" is the...
Price Reductions Already
The percentages are quite a bit higher this year. The title of the graph could be 'Sellers Who Are Having No Showings' because most are (overly) optimistic this early in the selling season and hold tight on price until later. Something must be rattling them - like no...
Street-Level Impact
Let's examine what happens when a hot new listing gets taken by one of the big real estate teams in 2019. What qualifies as a hot listing? I think we can say that 70% to 80% of listings are priced at full retail or higher, so the rest are either priced attractively or...
Cowboy Junkies
The Cowboy Junkies are playing San Diego on May 18th - tickets went on sale today! If it ain't one thing I tell you it's always another I wonder why I started treating you like a step-brother Love is hard to explain I know my loss is someone else's gain Sometime's...