THIS TIME LAST YEAR: ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ THIS YEAR: We had 155 new listings and 105 new pendings in the last six weeks. There has been ONE detached-home listing between La Jolla and Carlsbad since July 1st. 54% of the detached-homes for...
Year: 2022
Zestimate Reliability
If everyone is relying on the zestimates....are they any good? It's a scary thought that we've become dependant upon an algorithmic computation of home values run by a third party for profit. Good thing they got out of the home-buying business! The zestimates have...
Peetspark for the Kids
We played in the charity whiffleball tournament to benefit Camp Kesem, a week-long camp for kids who have parents who suffering from cancer. We raised enough money to send another TEN kids to camp! We got smoked 13-2 in our game though. Here is the story on Camp...
Condition Is Most Important
It would be natural to assume that home buyers are much more concerned about paying the right price today. Certainly, they will be perusing the recent sales very carefully, won't they? I'm not so sure. Putting a sharp price on a home stopped being a priority about 25...
Low Offers vs. No Offers
There's a big difference between low offers, and no offers. If you are getting low offers, you probably didn't fix it up enough. No problem, you figured you'd have to sell it for less, didn't you? Expect that buyers will want a discount that will be 2x the actual cost...
Frenzy Monitor, December
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. Typically, we've considered any market to be healthy that has a 2:1 ratio between active and pending listings. SW Carlsbad,...
Stuart Margolin, RIP
We lost another one of the most talented this week, Stuart Margolin. He was better known as an actor (he won two Emmys) and director, but few ever heard what a great songwriter/musician he was - except those of us who knew that he and Arizona's favorite son, Jerry...
One-Story vs. Two-Story
Shadash said, "Right now the only thing propping up prices is limited supply." Indeed, and it's how the pricing got here in the first place. The demand for homes in the San Diego coastal regions has been higher then the supply for decades now, and it's probably not...
JtR YouTube Stats
159 YouTubes this year! It's been 16+ years on YouTube. Thanks for watching! https://www.youtube.com/@JimtheRealtor/videos
NAR 2023 Forecast Summit
WASHINGTON (December 13, 2022) – Lawrence Yun, NAR chief economist and senior vice president of research, forecasts that 4.78 million existing homes will be sold, prices will remain stable, and Atlanta will be the top real estate market to watch in 2023 and beyond....