Whoever advertises the most, wins the game. I know agents who spend $25,000 to $50,000 per month! Aug. 4, 2022- Zillow, Inc. and Opendoor Technologies Inc. have announced a multi-year partnership that combines two category leaders to transform how people start their...
Month: August 2022
Buyer-Agents’ Pay
The MLS company in Washington state is looking to help with the transition of how buyer-agents get paid. I'm not sure the agents appreciate it though! Could this help sellers see that paying a bounty to buyer-agents would incentivize a sale? The NWMLS, with its...
NSDCC July Sales, Preliminary
There will be a few more late-reporters, but it looks like this year's July sales will be about half of what they were last year: NSDCC (La Jolla to Carlsbad) July Sales Year Number of Detached-Home Sales Median Sales Price Median DOM 2016 273 $1,100,000 45 2017 260...
Carlsbad Beach Home
This sold for $4,488,000 after 76 days on the market, which was $400,000 under the original list price (and $100,000 under the list price at time of sale). It is the second highest-priced sale ever of an attached home on the beach in Carlsbad!
NSDCC Summer Update
The July stats have been updated on these interactive graphs of the 92009 (SE Carlsbad), 92024 (Encinitas), and 92130 (Carmel Valley) markets: We hear how the inventory has exploded, but compare it to history: Sales during the 2022 selling season have been similar to...
Carlsbad Magnolia Estates
There are still some head-scratchers out there. This just closed on Friday for $3,400,000 - which was $10,000 over list - but it looks like a fixer inside and out compared to the only other Bressi Ranch house to sell above $3,000,000:
Inventory Watch
Even if there was a concerted effort to inform the public that mortgage rates are in the 4s (with jumbos in the mid-4s!), it is probably too late in the season to revive much enthusiasm with home buyers. But there are still people in the hunt. Last week's count of new...