People say to me, "I bet you're loving this market", expecting that realtors are raking it up these days. Not really. I lost 50+ bidding wars with buyers this year who lost out to others who insanely overpaid with no regard for the comps, or because listing agents...
This home had a decent floor plan, and just needed a thorough refresh. But it shows how many buyers pass on fixers - heck, a single-level with view and pool in a gated community sold for under list ($2,900,000)!
Tom asked on our Facebook page about getting the actives and pendings data for San Diego County. Here is the InfoSparks data from the SDAR Resources page on the MLS - they are interactive so scroll over the graph lines for the exact counts: The first graph charts the...
This is the probably the best example this month of the type of homes that are getting top dollar - large newer coastal suburban homes that are upgraded throughout. The list price was $2,549,000, and this closed for $2,850,000 cash plus the buyer paid an additional...
The prices of everything are soaring in the middle of a pandemic that's so bad they are cancelling football games - the world is spinning out of control! I can't think of a better song to wrap up the Wednesday Rock Blogging for 2021:
We know that media types are looking to sell newspapers, and if it bleeds, it leads. The article in the UT this morning about the San Diego Case-Shiller Index starts with this: San Diego continued to slide down in rankings of the nation’s hottest real estate markets...
Showings are really down over the last 30+ days - the current weekly average is -66%, compared to the first week of January. But there's just nothing left to look at today, unlike last year when inventory was much higher. The second half of this year had 35% fewer...
San Diego fell out of the top three cities for annual change - we're down to #6 for October. But we have the highest home prices of those six cities! Though every region had double-digit YoY gains, a few cities (Boston, Denver, Minneapolis, Portland, San Francisco,...
In hopes of encouraging more readers to move somewhere (anywhere!), I took a spin around the north-coastal region of California via Zillow. I don't know anything else about the area other than it is remote - readers who know more can feel free to comment! 1,732sf for...
It is appropriate that the last reading of 2021 shows more pendings than actives (170 vs 164)! How does the last week of the year compare to previous years? I didn't split off the $3,000,000+ category until 2019, but you get the idea here: NSDCC (La Jolla to Carlsbad)...
