We've been working at Compass for two years now! Compass hired the first San Diego agent in January, 2018, and by the time we signed in July, I was #160. Today there are 1,028 Compass agents in San Diego County! Here are my first two blog posts as a Compass guy (with...
Month: July 2020
NSDCC First Half
Will our local market survive the coronavirus? Let's look at the bigger picture and compare the first half of 2020 to previous years: NSDCC 1H Listings & Sales Year # Listings Median List Price # Sales Median Sales Price 2016 2,999 $1,425,000 1,526 $1,150,000 2017...
An Old Favorite REO
Wells Fargo foreclosed on this house in 2009 when the former owner owed about $1,066,000. They sold it for $705,000 in July, 2009, which was $61,500 over list price! The same buyers still own it. The latest sale of one of these models was in 2016 when the house two...
Move to Italy?
Thinking of leaving America? Here's an sample - and Italians hold out on price too! On June 4, just a day after Italy opened its borders to European Union citizens, real-estate agent and reality TV star Fredrik Eklund boarded a plane from Los Angeles to Milan, with a...
Paint Color of the Month
We're not quite back to earth tones......yet!
Why Do Home Staging?
. There are two good reasons to do staging: 1) To ensure the online photos catch the buyer's eye, and 2) Once they arrive, the staging helps to remove any visual distractions and keep the focus on the positives. Here's a comparison with before-and-after photos:
Inventory Watch
Another incredible week as buyers scramble to grab something and get a mortgage rate in the 2s! We had 106 new listings, and 98 new pendings in the past seven days, leaving us with roughly 30% fewer homes for sale than at the same time last year. As long as inventory...
Covid Update – San Diego County
North coastal is doing better than most! Seniors are most susceptible: https://www.sandiegouniontribune.com/coronavirus-data
Highest-And-Best Round
We ended up with four offers on our latest listing, and all came in over list price. I'm always going to do a highest-and-best round - not to work over the already-beleaguered buyers who have probably lost others and just want to get it over with - but to make sure...
Laguna $32M
This video packs a full experience of this 6,000sf+ oceanfront home into two minutes! https://www.zillow.com/homedetails/58-N-La-Senda-Dr-Laguna-Beach-CA-92651/25142157_zpid/ Compare to the previous agent's 3-minute version that highlights the rotating garage...