I said on the Frenzy Cruise that I'd also recognize the NSDCC sales that closed well under their list price. It's good for potential sellers to see how buyers will lowball homes that have been on the market for a while - and encouraging for buyers to know that they...
Our friends at JB have been on the forefront of market tracking for years now. They have staff that travels around the country to gather data from builders in particular, and have built a tremendous network. I don't mind being labeled as 'slowing' because.....well, I...
Thank you for the tremendous support! You generously bought 65 pies and donated another $3,300 to the cause. It will allow Mama's Kitchen to provide 2,017 medically-tailored meals to San Diegans who are vulnerable to malnutrition due to critical illness. A special...
Yesterday I was delivering pies throughout North County, and visiting with our great supporters - who were mostly past clients. Predictably, the conversation turns to real estate, and observations about what's going on in the market, now and in the future. In case...
The Spring Selling Season could get a real boost if mortgage rates stay in the 5s. The Fed has been telegraphing their intentions for months now, and at this point, there can't be anyone who thinks the Fed won't keep raising their Fed Funds rate - at least for their...
I've been on a fortunate lucky streak this year, and it's not going to last forever so if you don't mind, I'm going to enjoy it while lasts. More than anything, I want to give hope to sellers and buyers that you can make smart and friendly transactions these days. The...
The reason for breaking down the active and pending listings by zip code is to give the readers a closer look at their neighborhood stats. A healthy market is when there are two actives to every pending. There are a couple areas (in red) where the number of pendings...
There have been 80 NSDCC closings in November, which should mean we should get to at least 100 sales for the month. But with only 108 pendings today, the monthly sales in December and January sales will probably be under 100. Even though there are 393 active...
I'm still doing the frenzy format. Sell the first weekend with multiple offers! Plus, thoughts on a market floor (tight group of recent comps with a upward trend in pricing).
