An update on two of the homes featured here that garnered multiple offers. As expected, they sold for well over their list price. This one got $51,000 over the top of their price range: This one had 20+ offers, and sold for a whopping $190,100 OVER LIST PRICE! The...
Month: February 2020
Petition Against Clear Cooperation
How to justify pocket listings, in one paragraph: A broker from The Agency is hoping to mobilize support against the National Association of Realtors’ controversial ban against pocket listings, drafting a new petition to urge the repeal of a policy that many agents...
Mortgage Rates in the 2s
The MND's survey above are today's rates with no points, which means that homebuyers who are willing to pay a point or so will be getting a mortgage rate starting with a 2! While there is certainly a big concern about the coronavirus affecting the world economy - and...
Where to Move – Phoenix
I was a teenager, we lived in North Phoenix on the edge of the desert.....and now it's the center of town! My thoughts and opinions of where I would move happen to mirror this guy's list, so check these out (I've been to every place he mentioned). He has a bunch of...
Barbara Gets Scammed
Barbara Corcoran said she lost nearly $400,000 after her financial team responded to an email that turned out to be a phishing scam. "This morning I wired $388,000 into a false bank account in Asia," Corcoran told ABC News. Last week, the millionaire's bookkeeper...
Actives/Pendings
Rates are really low, and the market is responding. We've considered it a balanced market when the active listings are running about twice the number of pendings. Here's how we're doing so far in 2020, and compared to last February: NSDCC Detached-Home Active and...
Freaks and Ghouls
Tiny Fest
Come celebrate tiny living at TinyFest! Explore a variety of tiny houses from pro-builders, DIYers, Van Lifers and Tiny Dwellers. Tour tiny houses on wheels, backyard cottages, shipping container homes, vans, bus conversions and more! Enjoy the Simple Living...
What’s Hot
We noted how there aren't many of the newer one-story houses for sale. When they do hit the open market, they tend to blow out - three of the last four sales of this 2,100sf plan in Santa Fe Trails in Carlsbad have sold over list price. The previous high sale of this...
State Street Commons
The Carlsbad Village Antique Mall was 14,630sf on a 7/10-acre lot. The new owners paid $7,525,000 in August, 2019 (the sellers had paid $1,450,000 in 1999) and plan to increase the square footage by 44%. Hopefully there will be plenty of on-site parking! 2742-52...