With mortgage rates staying under 3% this past week, more people were out looking at homes – a whopping 66% more than last year! It should be a full-tilt boogie for the next few weeks. Hopefully buyers can get their hands on something suitable!
My calendar from April 15th (which was the approx. bottom) with the added red circle for June that came later:
We are 24 hours into having our new listing on the market and it’s already been shown six times and we have three offers – and all are over the list price!
I heard a rate quote today of 2.55% with less than a point cost, which feels like free money. As long as buyers can get a 2-something rate, the market should be extremely active!
Adding a loft/bedroom over a tall ceiling isn’t a big deal – it’s nothing money won’t fix!
This was the day I got into Bloomberg Businessweek:
Here’s the photo shoot:
https://www.damoncasarez.com/jim-the-realtor
A summary of my life in the 2008-2013 bust-boom:
This article describes the price swings per season for each town – San Diego is among the least-affected because our weather doesn’t change much.
https://www.nerdwallet.com/blog/best-month-buy-home/
The off-season may have somewhat-lower pricing, but that’s also when inventory is the leanest!
Buy when you find the right house/location, and make the best deal you can.
It’s more complicated to look at homes for sale these days. Open houses have been banned, everyone who enters must sign disclosures for each house in advance promising not to sue realtors if you get the bug, and of course you have to wear the PPE and sanitize before and after the experience.
It was already a challenge before Covid-19 to gather enough information in 10-20 minutes to make a decision that will affect the rest of your life. Compound the difficulty with a mask that makes it harder to breathe (and fogs up your glasses) while the listing agent is pestering you not to touch anything.
Today’s covid tip: TAKE A WORKSHEET WITH YOU.
Customize it with your own questions – here’s a start:
If the listing agent didn’t get the memo that matterport 3D tours are the worst thing for sales and is using them as a substitute for live showings, then use your worksheet while navigating the online tours too.
Big or small, we sell them all!
Enjoy unobstructed views from this upgraded gem in one of the quietest parts of Rancho Del Oro. The vaulted ceilings & numerous windows fill the home with lots of natural light, and once you get to the family room & kitchen, the view over the grassy backyard will make you start looking for your check book! Upgrades include flooring, paint, kitchen cabinets/granite counters – this home is tuned up and ready!
Only $599,000 – a model match at 1763 Avenida Alta Mira sold for $627,000 last month – wow!
https://www.zillow.com/homedetails/1755-Avenida-Vista-Labera-Oceanside-CA-92056/16605049_zpid/
Buddy Guy is 83 years old and has L.A. tour dates scheduled for September, 2021!
Enjoy unobstructed views from this upgraded gem in one of the quietest parts of Rancho Del Oro. The vaulted ceilings & numerous windows fill the home with lots of natural light, and once you get to the family room & kitchen, the view over the grassy backyard will make you start looking for your check book! Upgrades include flooring, paint, kitchen cabinets/granite counters – this home is tuned up and ready!
Only $599,000 – a model match at 1763 Avenida Alta Mira sold for $627,000 last month – wow!
Now PENDING – we represent the sellers.
Early in the coronavirus era, there was a hesitancy among sellers to put their home on the market.
Have we gotten past that point now?
Total Number of NSDCC New Listings, Monthly
| Year | |||||
| 2018 | |||||
| 2019 | |||||
| 2020 |
The number of listings in April was dramatically lower, but the May and June counts were about the same as last year. July looks good too – we are at full speed!
Click here for the city-by-city report:
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
CA DRE #01527365, CA DRE #00873197
