I already guessed that the runaway frenzy will start to temper in June. Here are reasons: Some of the craziest demand has been satisfied. Other buyers will take a break and go on vacation. Overly-optimistic pricing by some sellers. It's been red-hot for 10-12 months....
Their fascinating collection of real estate is reviewed here, including their two local properties: http://blog.rismedia.com/2021/property-bill-gates-owned/#close
In the last week, there were 90 new listings between La Jolla and Carlsbad, which is the highest weekly number of the year. The total number of pendings also hit its YTD high for 2021: NSDCC Weekly Listings & Pendings Week Number of New Listings Number of New...
Happy Mother's Day to all the great mothers in the world! My mom has been sequestered in the senior home with no visitors for the last 14 months. Thankfully, they have just loosened up the restrictions, so I need to go see Mom!
For months the talking heads have cited the ultra-low rates, the shortage of new homes being built, stock market, millennials, covid, etc. as reasons why the real estate market has exploded. Let's add a few no-so-obvious reasons. Did we fully recover from the last...
Part of the challenge of the low-inventory era is to find the hidden gems. Travel into south Vista just two miles from Carlsbad and look how much further your money goes! 1990 Spyglass Circle, Vista 3 br/2.5 ba, 1,835sf YB: 1988 HOA fee: $165/mo LP = $699,000 SP =...
7337 Calle Conifera, Carlsbad 5 br/4.5 ba, 4,225sf YB: 2005 Lot size = 11,143sf SP = $1,900,000 (we represented the buyers) STUNNING, upgraded home on an immaculately maintained, POOL SIZE LOT in desirable LA COSTA OAKS! This beautiful home is filled with designer...
1576 Summer Creek, Vista 3 br + bonus/2.5 ba 2,667sf YB: 2001 LP = $729,000 SP = $729,000 Spacious 3br + bonus/2.5bath 2,667sf home located in the premier gated community of Willow Creek in Vista. Featuring a large backyard with mountain views to the east and a large...
Zillow's full assault on realtors is ramping up. They are happy to buy your house for the amount of their zestimate, which in this fast-moving market can only mean that sellers are leaving money on the table - it's just a matter of how much. But sellers - who have...
The NSDCC inventory has been a perfect match for the heightened demand of 2021. With roughly 20% fewer homes for sale, the scarcity has energized buyers to grab anything that's close to being a good match - while the pickier buyers wait patiently. This month's...
