Home buyers who value their privacy don't like seeing their home's photo gallery advertised on Zillow after the sale is completed. Zillow has made it easier to remove those photos! Here are the instructions: To add or remove photos on your home's property page, you...
Month: May 2022
Inventory Watch
Everyone complained that we had no inventory....well, we have more now! But the 286 active listings today is still well under the 349 actives that we had last year at this time, and more listings should cause more sales. We'll see if the slight pause in the market...
How to Fix Housing
Today, the White House released their plan to fix housing: https://www.whitehouse.gov/briefing-room/statements-releases/2022/05/16/president-biden-announces-new-actions-to-ease-the-burden-of-housing-costs/ I only skimmed it and I didn't see the one thing that could...
Veranda
This sold for $2,700,000, which was $600,000 over the list price:
The Slow Unwind – Price Reductions
Imagine the pricing quagmire we are in. The homes on the market today were priced according to comps from 1-4 months ago, which were the craziest-priced sales in the history of real estate. To make matters worse, sellers are naturally drawn to the highest-priced sales...
New-Age Coastal Hotel
The old Encina Power station site is designated for tourist uses, and open space. A seven-story hotel like this will undoubtedly be proposed - will it fly in Carlsbad? Rooms here go for $300-$2,100 per night:
Modern Hacienda
A new Compass listing in South Encinitas, priced at $6,290,000: Tucked away in seclusion, this 3606 sq. ft. 3-bedroom 3 bath New Construction Modern Hacienda masterpiece with two additional detached units exemplifies a unique combination of an ultra-modern interior...
California Interest-Free Loans
This will help to keep home prices up: A top California lawmaker is proposing to spend $10 billion to help families buy homes in the state with some of America’s highest housing prices. Democratic State Senate Leader Toni Atkins on Wednesday unveiled details of a...
The Slow Unwind
Even though real estate is local, the homebuyer psychology tends to be similar across the country - mostly because people are people, and have similar reactions to every variable. When they see mortgage rates go from 3% to 5.5% in less than six months, it's only...
Carlsbad Power Plant
The smoke stack and the rest of the Encina Power Station have been demolished. What does this mean for Carlsbad? Before agreeing to support the approval of the new plant, the city negotiated an agreement with NRG and SDG&E to help ensure the project would provide...