The trend of paying over the list price is increasing. NSDCC Detached-Home Sales Closed Over List Price January: 38% February: 43% March: 51% (of the first 75 closed sales of the month) Most sellers and agents are happy just to get 1% to 5% over list which will cover...
This Brentwood Heights culdesac home on a 27,007sf lot in Olde Carlsbad had one of the better granny flats - and was hotly contested. We were hoping to talk the seller into paying off the $259/mo. solar lease, but he probably didn't have to. It closed today for...
John Townes Van Zandt[1] (March 7, 1944 – January 1, 1997) was an American singer-songwriter. He wrote numerous songs, such as "Pancho and Lefty", "For the Sake of the Song", "Tecumseh Valley", "Rex's Blues", and "To Live Is to Fly", that are widely considered...
I love hearing from new readers! Hi Jim, I have recently stumbled upon your blog and find it very interesting as I am an appraiser in San Diego. I wonder if anyone has considered that the low inventory levels are in part because home prices are going up so fast why...
Sorry - if your claim to fame is a four-lane bowling alley, I'm not impressed. I can get by with two: View this post on Instagram A post shared by Nile Niami (@nileniami)
We can guess that close to none of the San Diego County homeowners in forbearance have less then 10% equity - heck, they've picked up that much since Christmas! http://www.mortgagenewsdaily.com/03082021_black_knight_mortgage_monitor.asp Yet, there is always doom on...
My guess was that we'd have 10% MORE listings this year, as a result of there being a few more reasons to move - covid letting up, Prop 19, forbearance expiration, etc. Instead, we have covid hanging around, Prop 19 has been a dud, and forbearances have been extended...
We've never seen anything like this before: NSDCC Combined January + February Stats Year New Listings Closed Sales Median Sales Price 2011 644 219 $805,000 2012 526 215 $750,000 2013 801 279 $835,000 2014 824 365 $975,000 2015 826 344 $1,180,500 2016 916 320...
The new NSDCC listings coming on the market have slowed up over the last two weeks - only 54 and 43. Last year at this time we had 79 and 106! We also had 12% fewer pendings! Week New Listings New Pendings Total Pendings Feb 1 55 74 306 Feb 8 45 66 316 Feb 15 60 65...
It got wild yesterday! All the details here:
