Last week, reader TOB talked about a buyer he knew who walked away from a deal over the Rampart fireplace. Here's a list of other issues that might be deal-killers, but we try to find a way to solve them before giving up!...
Deal Killers
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Month: May 2022
Get Good Help!
While the pandemic and world war are raging, the stock market is diving into bear territory, and all media is burying the real estate market, I put two listings on the open market for four days and get three offers on each and sell them both for over list at a time...
La Jolla Masterpiece – Sold!
It is a true honor to have listed for sale my favorite home of all-time! 365 Marine St., La Jolla 3 br/3.5 ba, 2,894sf YB: 2018 LP = $6,950,000 - SP = $7,750,000 This custom contemporary was designed and carefully-crafted for over three years to be the ultimate beach...
Frenzy vs. Rates
Good summary of today's market conditions by Nick: Link to Free...
City of San Diego Tenant Protection
San Diego renters can breathe a sigh of relief knowing they are a little bit more secure as the city’s new eviction moratorium is now in place for renters who are up-to-date on their rent payments and abiding by the terms of their leases. “San Diego cannot afford to...
MCM Original
A remarkably original mid-century modern on an acre in Del Mar. It listed for $2,400,000 on February 26th, then the price was raised to $2,900,000 on March 8th when marked pending. The final sales price was $2,800,000:
New-Listings Comparison
The market's direction will be determined by inventory, and San Diego is #1 on Bill's list for the biggest percentage drop year-over-year. Also consider how the San Diego metro compares to others that had a similar number of new listings in April: Metro Area April...
Inventory Watch
The overshoot part of the frenzy is unavoidable. The pricing of the new listings was calculated on sold comps from when the frenzy was hotter and sellers were getting big pops over the list prices. Back then, you didn't have to spruce 'em up as much, you got away with...
Carlsbad Entry-Level
Our new listing in NE Carlsbad with some commentary on market conditions:
Architectural Marvel
I went around with my Nikon (the one with the lousy auto-focus) to highlight as many of the fine features of our La Jolla listing that I could - there are many more!
