It was back when some homeowners had little equity that my favorite seller quote became a t-shirt legend. But we still hear it today - when it comes to price, home sellers regularly say, "I'm Not Giving It Away!". Their equity positions used to be pennies, compared to...
Hat tip to Mark for pointing out how much different our local inventory has performed, compared to other markets around the country. When you hear the doom and gloom from the national talking heads, this is what they are talking about: Our inventory topped out in...
7141 Aviara Drive, Carlsbad 4 br/4.5 ba, 4,978sf 10,835sf lot SP = $3,675,000 Super-custom estate with commanding ocean views from the best lot in the neighborhood! The previous owner had invested over $1,000,000 in upgrades, and these sellers added their own touches...
All of the home buyers who were willing to purchase a house 'as-is' with no repairs are sitting comfortably in their 3% golden handcuffs contemplating what else to fix. None of today's buyers - which is a whole new set of people - are going to tolerate that program....
The tiki destination!
Available to realtors in the on-going market shift is the chance to elevate their game from the frenzy era. My observations don't come from being an old veteran because we are far removed from fax machines and the one-page contract ("press hard, there are four...
We taped this during the frenzy, and I conveniently forgot about it. It may have been due to price? It closed in April for 8% under list, which made it the most-expensive non-oceanfront sale ever in Carlsbad:
The local market conditions appear to be getting worse every day, mostly because the headline writers and social-media experts are piling on now. What can listing agents do? When most agents are content to show their listings and then go wait by the phone, there are...
We were discussing the "mold" found by a home inspector, who wasn't qualified to comment on the subject - though that didn't stop him from trying to scare the daylights out of the buyer just so he could CYA. I suggested that it was the garden-variety mildew that could...
Re-purposing commercial and industrial properties into residential developments is an idea that should have been fast-tracked years ago. Bills were signed by the governor yesterday, and they make it look like thousands of new homes will be built shortly. But there is...
