“We’re starting to see what a difference just a slight uptick in inventory and listings can do to help lessen the buying frenzy and create a sense of normalcy,” said C.A.R. President Dave Walsh (California). ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
In less than 4 years, Compass has become the dominant residential-resale brokerage in San Diego County, and it's not close. Even if you added the two CBs together, their market share is less than half of ours. It's been the aggressive recruiting of top agents that...
https://player.vimeo.com/video/558773562 This oceanfront 2br/3.5 ba, 2,823sf upper unit in Carlsbad just closed for $4,925,000 cash, which was $75,000 under list. MT was 12 days. Unlike on Neptune in Leucadia, all of the oceanfront homes on this street have direct...
The Zillow press release is dated June 10th, which is work done in May - we've had some signs of slowing since: With housing demand showing no signs of slowing from a pandemic-fueled boom in the second half of 2020, the expert panel has once again adjusted their...
Bill Murray is all over Twitter today as people chime in on this photo:
Happy Birthday Doug; it's hard to believe you've been gone for four years already - we miss you, and I wish you would have been here for this insanity! Here we are discussing the 2013 frenzy slowdown, and he was right with his prediction: Another thought by Doug that...
This just sold for $4,758,000 cash, which was $37,000 under list. The MT was 33 days:
When comparing to the last reading there hasn't been much change, but the May 12th numbers were quite different - the number of actives today is now 15% higher, and pendings are 16% lower. But it had to go in that direction. The March-May period has to be the hottest...
This just sold for $8,000,000 cash, which was $105,000 over list price. The MT was 90 days:
Our listing of a 12-unit apartment complex - closed for $3,500,000:
