The latest Zillow 1-Year Forecasted Values are still expecting a fairly strong appreciation rate over the next year. In May, they were guessing +19% or more in all areas, so this looks like a soft landing: NW Carlsbad, 92008: SE Carlsbad, 92009: NE Carlsbad, 92010: SW...
Year: 2022
Happy Birthday Doug!
Doug has been gone for five years now - and today is his birthday! A good time for us to revisit one of the times he shared some of his wisdom - this was in July, 2014 when we were coming off the Frenzy of 2013:
Moving in the Post-Frenzy Era
We try to talk to potential sellers every day, and their response is universal. When they find out that they will have to pay capital-gains tax when selling - and for most local homeowners it means paying six-figures in taxes - their desire to move cools off quickly....
La Costa Rat Pack 2022
The listing agent Seth gave me permission to run these clips as long as I find the buyer! So if you watch this film and want to buy it, then you gotta call me!
The Gap Is Back
Today, there are 160 pending listings between La Jolla and Carlsbad, and 36 sales have closed this month so far - and currently, there are 470 active listings with a median list price of $2,997,000. It means that the July sales will be under 200 for the second month...
America’s Top States for Business
To rank America’s Top States for Business in 2022, CNBC scored all 50 states on 88 metrics in 10 broad categories of competitiveness. Each category is weighted based on how frequently states use them as a selling point in economic development marketing materials. That...
MJ
Michael Jackson was only six months older than me, and I think there is a sort of kinship between those who are about the same age. So when we had a chance to see the play 'MJ' on Broadway when we were visiting Kayla, I jumped at the chance. Not only was it...
Trigger Lead
From a buyer who recently applied for a mortgage: Buyer: I've had about 40 calls since 7am this morning for mortgages. I didn't take any of them and most of them are leaving VMs and texts saying they got notified by Experian that my credit was pulled for mortgage...
Inventory Watch
The Big Standoff continued this week. Sellers are confident about their pricing, and refuse to budge much - and buyers are being very patient. There were 55 new NSDCC listings in the last week, and NONE of them have been marked pending yet! Pricing in the higher-end...
Edible Landscaping in Encinitas
Fox Point Farms is a new “Agrihood” community spanning approximately 21.5-acre in the City of Encinitas. The site will provide 250 new residential units, including a mix of 53 for-sale cottages, carriage units, and townhomes, as well as 197 apartments. Of these units,...