They didn't have any trouble selling this one for $75,000 over list price and closing in 24 days:
Month: January 2021
Historic Frenzy
Rapidly-increasing home prices are nothing new in San Diego:
January Inventory Mix
We can endure a slight and gradual reduction of inventory in the higher-end market, where there will always be hundreds of choices available and the number of buyers are limited, relatively. But the squeeze on the lower-end is getting worse: NSDCC Total Number of...
Chasing The Market
The term 'chasing the market' usually applies to sellers in a down market when they don't lower their price fast enough to get ahead of the new listings coming on that are under-cutting them. The reverse is also true about home buyers in a hot market. Those in the...
Bird Rock Oceanfront
There have only been 16 NSDCC sales for $20,000,000+ ever. We've had three in the last 30 days! This closed for $20,000,000 cash yesterday:...
New Radicals
Donna first met Jade in 1990 and shortly thereafter he became the family hairstylist - and Jade was our guy until he left us way too soon in 2013. It was about 22 years ago that he gave me this CD and suggested that I take a listen because he thought they might be...
Pardons
A couple of local celebrities received pardons yesterday: Mr. Trump commuted the sentence of William T. Walters, a wealthy sports gambler. A jury convicted Mr. Walters in 2017 on charges related to his role in an insider-trading scheme, and he was sentenced to five...
Inventory By Area
What's it like being a home buyer today? It's a bonanza if you are in the multiple-millions category - there are hundreds of choices! If you want to stay under $1,500,000, the inventory looks bleak: NSDCC Active Inventory Town or Area Zip Code Actives Under $1.5M...
Corona Del Mar Oceanfront
Zillow vs. Realtors
We wondered what might happen when Zillow changed from a search portal to a brokerage last week. Zillow showed us who's the boss. They deleted the last 50-100 sales from EVERY agent I checked, and ALL active listings were wiped off the agent profile. They also tweaked...