The guy who bought the Carlsbad firehouse for $803,333 in July, 2019 (there were 28 offers) has resold it for $1,275,000. Here is the HGTV tour that starts as they roll up to the original listing (we know how HH works - he has already bought the house before filming...
Ultra-low rates, record home equity, and societal needs/concerns make the perfect frenzy cocktail: The pandemic is driving a major boom in the housing market that's breaking all kinds of records and exposing a very uneven economic recovery between the haves and the...
The signs are everywhere - the super-frenzy is building. I spoke with a friend in Phoenix yesterday who said the cheaper homes for sale there are flying off the market in 1-2 days: While restrictions are driving people out California, newfound freedom is allowing...
Bad neighbors aren't just annoying. They can cost you real money when it's time to sell your home. A nearby property's overgrown yard, peeling paint and clutter can easily knock 5% to 10% off the sale price of your home, said Joe Magdziarz, the president of the...
We've had frenzy conditions previously. Can previous experience indicate what might be brewing for 2021? The last time we had full-blown frenzy conditions was in 2013 - let's use the October 1 to September 30 timeframe so we can get a good experience of this year. ...
We can expect that the government entities will be trying to jam affordable housing into every possible nook and cranny from now on. The idea of redeveloping larger areas, like Kearny Mesa, and include a nice compliment of affordable housing into an overall plan to...
The local recruiting effort by Compass has been very effective, and it's really starting to show up in the numbers. With 1,200+ productive agents in San Diego County now (I was #160 in July 2018), we are taking away market share and becoming the dominant brokerage -...
These are the types that go crazy - single level, lightly upgraded, big yard, no HOA, 3-car, culdesac, and some view. They received 15 offers!
The results are in! We reached 1,692 people, of which 89 participated in the survey, which is about right. Let's go through each question. Q1. Most of the participants (2/3) already live in San Diego County. The question was passive in nature, but it was interesting...
