This historic home built on 1.27 acres in 1887 will be on the market for $2,995,000. From the U-T: The owners of a Queen Anne architectural gem in Carlsbad have appealed to the city in hopes of saving the historic house from the wrecking ball. “The home was built by...
Month: May 2021
The Typical Bidding War
Here's a great snapshot of how the vast majority of listing agents handle multiple offers. They just grab one, and kiss off the rest - which isn't good for the sellers, it's not good for the losing buyers who might have made a better offer if there was a...
Home Price Growth
Even though San Diego is the highest-priced metro on the list, I think we are prime for upward movement. Those metros who have -40% or worse on their YoY inventory won't have enough sales to keep the price momentum going much longer. We have the right mix of -22%...
Donna’s Wrap Up
While I usually handle the sales part in the beginning, in this case Donna handled everything from start to finish. Sellers are going to want to list their homes with her - which is ok!
Best Places to Live in America
Ok, ok you don't want to leave America! Here are the 50 best places to live in the USA (hat tip to 'just some guy'): https://www.cbsnews.com/pictures/best-places-live-united-states-america/
Move Out of Country?
Moving to Taiwan might seem like a stretch for some - how about #2 Mexico?
Big Increase in 12 Months
The tax man will love this one. The old property-tax basis was $81,068! The lot size of the comp across the street was 8,900sf, and this one was 9,600sf:
Buyer-Agents Being Crushed
Home buyers deserve to have their own representation. The broker cooperation system which allows every agent to share their inventory with all other buyers via the MLS has worked well for 100+ years. But it has been under attack for years, and it may not survive the...
Free Money
Add this to the list of reasons why demand is so hot..... For the first time since 1980, the cost of living is rising faster than the average mortgage rate. The Consumer Price Index for April tells us U.S. inflation is growing at a 4.2% annual pace, the largest jump...
Building Bedroom Over Living Room
Here's a demonstration of adding a bedroom/full bath over the living room with high ceiling. This is the same house that got me into BloombergBusinessweek!...