This article is written by a professor at the Wharton School who has a book coming out this week. It appears we have a glut of boomers - will we stay put, or sell the family homestead (once the covid is solved) and explore the world during retirement? Population aging...
Month: August 2020
RSF Hat Trick
This sold for $10,600,000 in April, 2017, and sold again in December, 2017 for $10,850,000. The 8,251sf home is now listed for $11,495,000 with Compass! Here's a brief look from last time:
Inventory Watch
The number of new listings this week reflected some slowdown which is typical this time of year as school gets rolling. We had 71 new listings between Carlsbad and La Jolla......but we had 82 new pendings! The lower-end of the market is drying up like a peach seed...
Move While You Can
Our sale on Picadilly is wrapping up this week. It's the one in Carlsbad where water damage caused the owners to vacate while remediation took place, and then rather reconstructing most of the house, we just sold it as-is. I sold the house to the owners for $179,000...
What’s Hot!
We know that covid, and it's impact on schooling in particular, is causing some people to want more space around them. Bigger houses, with bigger yards, are becoming more desirable.....and buyers are scrambling to get situated and comfortable before school starts -...
Realtor 101
An occasional commission might fall in your lap, but for the most part, you are going to have to earn every penny you make in real estate sales. Let's note what the job is, and how to get good at it. Your job is to advise people about buying and selling real estate....
Why A Home Isn’t Selling
Alvin asked if the death of Robin Williams on the property is affecting the sale-ability of his home in Marin County. It's been listed for sale for more than a year at $7,250,000, so they've lowered it to $5,995,000. [button...
Tight Inventory?
We hear the term, 'tight inventory'. What does it mean? Fewer homes for sale? Fewer of the lower-priced homes for sale? Homes selling faster? The best buys are flying off the market in the first day or two? NSDCC detached-home statistics for Jan 1st - Aug 15th: Year #...
Go-Go’s
The Showtime documentary on the Go-Gos is really good, especially if you spent any time in Los Angeles in the early 80s. They went from just another punk band to international superstars overnight. Formed in Los Angeles in 1978, the Go-Go's initially consisted of...
SD Agent Survey – July
I'm not sure what 100.0 means exactly, but it has to be the best ever!