This is a good summary of the Zillow Offers homebuying machine. Like Amazon, they are hoping that consumers are willing to overpay for convenience: The website that allows you to imagine living in homes you could never afford is out to do to real estate sales what...
Hat tip to Susie who sent in this article about a law recently passed in California: The new rules apply to one- to four-unit properties sold at foreclosure auctions. If an investor wins one of those homes at auction, then people who want to live in it, as well as...
San Diego didn't make the NAR list of vacation-home areas (counties where 20% of the housing stock is for seasonal use), but our market should be enjoying some additional second-home purchases: Vacation home sales are outperforming total existing-home sales. Sales of...
Check out my new listing in Cardiff-by-the-Sea! 1384 Evergreen Dr 2br/1ba, 922sf YB: 1974 LP = $609,000 - Now Pending! Tucked away in the very back of Park Place, this hidden jewel has new windows and slider, luxury vinyl plank flooring, practically new kitchen, and...
The election season is over (even if the election is not), and the vaccine news today is positive - which should bring more certainty, and relief, to the real estate market. If we just had more homes to sell! What's hot these days? Yesterday, I got the last...
For five out of the last six weeks, we've had more new pendings than new listings! Between Carlsbad and La Jolla, the current SFR median list price is $3,192,500! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ NSDCC Under $1,000,000 Market Date NSDCC...
Have you been seeing more of this guy lately? He wants to hook you up with the top agents in your area - AND only charge you a 2% commission. They keep the 2% circle at the bottom of the advertisement for the entire 30 seconds to engrain in your head that they have...
If there is anyone left who still believes in market fundamentals, here's a graph that shows how the traditional 3:1 price-to-income ratio is still a decent measuring stick in the rest of America. But in California, it has escalated to dizzying heights! San Diego...
29725 Margale Ln 5 br/3 ba, 2,970sf YB: 2007 2.03 acres LP: $979,000 What a find! A newer custom one-story retreat in the country with dazzling hardwood floors, high ceilings, eat-in kitchen with chef's island and well-appointed master suite. The design reflects a...
