Our apartment-house listing closed escrow today for $3,500,000. The buyer is from Vancouver, and came to see the property for the first time at the final walk-through.....to which her agent no-showed, so I was left to sell her on it. I don't mind, because I've been...
There may be changes some day, but not now - and probably not any in the near future. Important news from Washington, DC this week indicates a positive outlook for 1031 exchanges to survive in their current form. The House of Representatives Ways and Means Committee...
Will this cause people to sell their rentals just because the rules are complicated? Probably not, but they won't have much patience for tenants who have been taking advantage of the system. From CAR: The statewide eviction moratorium under the COVID-19 Tenant Relief...
For those who are looking for a project, this is about as good as it gets these days around Village Park:
It's early, and the final September sales count will probably wind up around 260 or so, which was normal in the 2013-2017 era. However, the pricing is nuts! The median sales price is 4.5% higher than the median list price! If there were more homes for sale, nobody...
The soft landing continued in July, with the month-over-month increase being half of what it was in April. The YoY set another recent high, but wasn't the all-time record. In July and August, 2004 the local index rose 33% YoY. San Diego Non-Seasonally-Adjusted CSI...
We are underrated! https://www.usatoday.com/story/news/nation/2021/09/21/50-happiest-cities-america-according-residents/5797222001/
Our daughter Natalie is 25 years old today - wow! She has been instrumental in our success this year, taking over the social media and helping to direct the rest of us on what we should be doing each day - all while pursuing her career as a commercial dancer. For...
Another week with more new pendings than new listings (48 vs 43). The two categories that have been blistering hot: Price Range NSDCC Active Listings # of Pendings $1M to $1.5M 18 68 $1.5M to $2.0M 40 82 When a healthy market has been 2:1 actives vs. pendings, these...
This is a nice buy for a practically-new home this close to the beach:
