It's hard to believe that we got smoked by Cleveland, Chicago, and Detroit (and Ventura didn't make the list!), but our housing cost is a barrier. They have many reviews of each city, and for those who take politics into the decision-making process, these links...
Year: 2021
Inventory Watch
There is nothing normal about the number of homes for sale today: Date # of NSDCC Active Listings # of Pendings Oct 8, 2018 999 307 Oct 7, 2019 964 305 Oct 5, 2020 619 462 Oct 4, 2021 301 276 We have almost the same number of pendings as we did when there were 3x as...
In Spite of Ourselves
A love song for my dearly beloved:
What $949,000 Buys You
This sold for $949,000 in August, and it might be one of the last in the 92009 to sell under a million:
All-Cash Offers
A reader asked about this company, and but I didn't think they were operating in California yet. But they are - and it sounded like a great idea too. Their initial pitch was to charge 2% for providing the funds for buyers to make all-cash offers on homes. But they...
Carmel Valley’s Best
We saw this home on Tuesday - an incredible 15,264sf on two lots for $15,995,000: https://vimeo.com/modelimage/review/554603059/46e4c4615a
Affluent Frenzy
The 3/4 Report! NSDCC Detached-Home Listings and Sales between Jan 1st and September 30 Year # of Listings # of Sales Median Sales Price # of Sales Over $2,000,000 2017 3,888 2,385 $1,230,000 459 2018 3,977 2,166 $1,320,000 464 2019 3,947 2,148 $1,320,000 478 2020...
Paint Colors
Are you looking for the right paint color? This company will send you peel-and-stick paint swatches from top brands: https://www.colorshop.com/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Here's the color of the year for 2022:
Nat City Closing
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...
No Changes to 1031 (Yet)
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...