The home-selling business is known for being the Wild, Wild West. There are a few rules and ethics filed away in a drawer somewhere but there is no enforcement unless you do something really bad, like this guy - who only lost his real estate license a couple of months...
I thought that Prop 19 would get lumped together with Prop 15 and cause voters to consider them both to be a change/threat to the original Prop-13. Though Prop 15 is losing, it appears that Prop 19 has passed: California Proposition 19 (100% reporting) YES: 51.5% NO:...
In April, I thought we would see a big cooldown in October fueled by uncertainty leading into Election Day. Instead, we had the most NSDCC closings as we've had in any month this year (374 so far), and we have almost as many pending listings as active (541/470)! The...
Are you thinking about selling your home, and want some quick ideas on how to spruce it up? Here are 30 tips from HGTV: https://www.hgtv.com/design/remodel/interior-remodel/30-tips-for-increasing-your-homes-value Regarding Tip 1 - We are happy to provide an initial...
We've had 127 new listings, and 175 new pendings in the two weeks leading up to the election! Oh, and last month's sales? They're up to 364, which is 47% more sales than in October, 2019. NSDCC Under $1,000,000 Market Date NSDCC Active Listings Avg. LP/sf Avg. DOM #...
Zillow's estimates of appreciation over the next year: Carmel Valley, 92130: +7.2% NW Carlsbad, 92008: +7.7% SE Carlsbad, 92009: +7.2% Encinitas, 92024: +7.2% Del Mar, 92014: +6.9% La Jolla, 92037: +7.2% Rancho Santa Fe, 92067: +6.9% Santaluz/4S/Del Sur, 92127: +7.1%...
Let's use their formula (total sales/total listings) to calculate the NSDCC ratios. (their ratios were from June, 2020) NSDCC SFRs Sales/Listings over $1 million June, 2020: 210/392 = 54% October, 2020: 300/328 = 91% We have it good!...
The boomer sales spree is inevitable, it's just a matter of when. But if it's a slow methodical process over the next two decades, will we even notice? Let's say the 100,112 homes turn over in the next 25 years (and only 1/3 are inherited by the kids), we'd average...
Of the places benefiting from the people fleeing California, Phoenix has to be #1 on the list. Their Case-Shiller Index had the biggest increase in the nation this week (+9.9%), and look at the average market time: PHOENIX — The greater Phoenix housing market has...
We have worn out shoes, but we paid our dues.....
