This is the only other sale located on the Encinitas Ranch golf course that might be considered a comparable sale, but it's a completely different offering. The house has 5,200sf with pool on a half-acre lot - with no threat of golf balls hitting you while in the...
Month: June 2022
Zestimates in the Post-Frenzy Era
Let's revisit Encinitas Ranch for an example of how the zestimates will affect the post-frenzy era. Consider the ER comps since my $3,760,000 sale closed in November. This is where the algorithms should perform beautifully because there have been eight sales of...
18% Over List
This is more evidence of how popular the homes with bigger yards and a pool on a culdesac are - so popular that this buyer paid $401,000 over list for this Carlsbad property:
End of Buyer-Agents
Previously I said that buyer-agents are getting cut out of the action. There are so many reasons why: Commissions are grinding down. Buyer-agents have to sell more, to make the same $$. Working at higher price-points requires advanced skills. Can agents improve? Are...
Olivenhain 2 Acres With View
This was the Private Exclusive off-market listing that hit our intra-office website late in the afternoon and literally the next day most of the top Compass agents and me rushed over there to check it out. Both buyer and seller take a gamble on price when transacting...
Doom or Plateau?
These people have been insisting for years that prices will be going down because of higher rates, foreclosures, forbearances, recession - you name it! Will fewer sales will cause higher or lower prices? The authors below say that lower sales volume will result in the...