To address potential reduction of operable indoor space due to social distancing requirements, the City of Carlsbad is processing requests to allow for temporary use of public sidewalks and private parking lots - which sounds better than closing State St. altogether....
Month: June 2020
Inventory Watch – WOW!
In spite of having about 300 fewer homes for sale to consider, our total number of pendings has exceeded last year's count at this time! A sensational market comeback! There were 59 new pendings between $1.0M and $3.0M in the last week: NSDCC Actives & Pendings By...
Coronavirus By Zip
There are concerns about the coronavirus cases increasing, but just like with real estate, what matters most is what's happening around you. Compare your zip to five weeks ago:
Carmel Valley REO Flashback
Here's a reminder of the last crisis (this video is from February, 2011), when we all thought foreclosures would last forever. We listed for $709,000 and it sold for $675,000 in July, 2011 after 39 days on the market. It resold in August, 2018 for $980,000: What it...
New Escrows Soaring
Showings are higher than last year, and the number of new escrows is growing! Southern California homebuying rose for the seventh straight week as house hunters put 10.3% more homes into escrow. Still, it’s a buying pace 3.1% below a year ago. Zillow’s weekly report...
NSDCC May Sales & Pricing
Two articles were lost due to the change in blog hosts, so I'm re-posting this one! We had two fewer business days than previous years, and we didn't have a late flurry to get close to my estimate of 175 sales: NSDCC May Sales & Pricing Year # of Sales Avg $$/sf...
Warren Zevon
A guy who left us too soon – from wiki: http://en.wikipedia.org/wiki/Warren_Zevon By September 1975, Zevon had returned to Los Angeles, where he roomed with then-unknown Stevie Nicks and Lindsey Buckingham. There, he collaborated with Jackson Browne, who in 1976...
NAR Statement
Great Balls of Fire!
A new mortgage-rate record, and with low inventory, this could be the best time ever to sell your house! Get Good Help!
Pets Are A Priority
Sixty-six percent of U.S. households currently have a pet or plan to get one in the future, proving that pets and their effects on a home, various belongings/toys, and accommodations must be considered for a majority of households. Additionally, 43 percent of...