The NFL added a 17th game this year, and pushed back the Super Bowl to the second weekend of February. It will be about as long as buyers can wait, and the following weekend should be gang-busters. If you're not putting your home on the market in the next 2-3 weeks,...
Year: 2021
Zestimate Manipulation
Zillow did get around to updating their Estimated market value after a few days. They kicked up the zestimate by $633,200 to get within 0.18% of the list price - and they are still wrong! It is incredible how much faith and confidence the consumers put in their...
San Diego Case-Shiller Index, August
Lower volume could keep the index elevated. We had 382 sales last October, and today we're at 189 for the month with four days to go plus late-reporters. We should end up with about the same as in 2019 (240). San Diego Non-Seasonally-Adjusted CSI changes Observation...
Vertical House
Bidding War! Part 3 – Auction
You say 'full transparency' and blah, blah, Jim - what do you mean? What happened? Give us the dets!! We received two cash offers during the open house on Saturday, one from the first people who saw it on Friday, and the other from a buyer who attended the open house...
Inventory Watch
Buyers are increasingly disinterested in the current inventory, and the lack of new listings is making it worse - which is tempting buyers to pack it in for the holidays. There have only been 163 new NSDCC listings this month - last October we had 400....
Bidding War! Part 2
The seller of our new listing in Encinitas Ranch has been discussing a move for six months. He contributed his decision to sell now primarily to what he read here on the blog. Specifically, that what appears to be a frenzy slowdown is NOT reflective of the market...
Bidding War!
New Listing Update
Our new listing has been on the MLS for 24 hours, and the Zillow views and saves are solid. With people using Zillow for their house porn, you can't put too much stock into the views - but the saves should be those who have more than a casual interest, hopefully! The...
SD North County, September
Thanks go out to Jerry Ryan, who publishes a monthly newsletter out of the goodness in his heart - giving us another look at the local stats. He circled in red (above) and I added a red arrow below that show how the inventory has been so different this year - and it...