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World-Wide Ice Cream Tour

by Jim the Realtor | Jul 8, 2022 | Why You Should List With Jim

One of our YouTube watchers suggested that in celebration of the big sale in La Jolla, I should go treat myself to an ice cream. I agreed!

List-Price Wrongness

by Jim the Realtor | Jul 8, 2022 | 2022, Jim's Take on the Market, Market Conditions, Why You Should List With Jim

We keep hearing about price reductions, but it's a miracle that the list pricing isn't worse! Consider: We've had a strong seller's market for 10-12 years - would we recognize anything else, let alone know what to do with it? There is no guidance or formula for...

100% Sold In Ten Days or Less

by Jim the Realtor | Jul 7, 2022 | 2022, Bubbleinfo TV, Frenzy Cruise, Over List

Here is a good sampling of the NSDCC pricing decisions made in May (mortgage rates started going up the first of April). The days-on-market are on the left. Days on Market: All 28 found their buyer quickly - only one took as long as ten days! Paid Over List: 21 of 28...

NSDCC Listings, First Half

by Jim the Realtor | Jul 7, 2022 | 2022, Jim's Take on the Market

The number of detached-home listings between La Jolla and Carlsbad has plummeted this year, compared to previous years. We saw the June counts (included again here), but how does the overall count look for the first six months of 2022? NSDCC Listings, First Half of...

Leucadia Developments

by Jim the Realtor | Jul 6, 2022 | Leucadia

More review of the latest developments in Leucadia as I cruise by the next Toll Brothers community and take a look at what the planning commission just approved: The 3.79-acre project site, which is just south of the Alila Marea hotel on N. Coast Highway, is proposed...

Shenseea

by Jim the Realtor | Jul 6, 2022 | Wednesday Rock Blogging

Another famous singer from Jamaica who is five days younger than Natalie. We need to play the Jamaica card and have Natalie go on tour with her!

Over List, June

by Jim the Realtor | Jul 6, 2022 | 2022, Frenzy, Over List, Why You Should List With Jim

Paying over the list price must have some addictive qualities! Either that, or the superior homes are still attracting a lot of attention. Well into the higher-rate environment, more than half of the June buyers paid over the list price! Here is the breakdown by...

Remote Work Caused 1/2 Of Price Surge

by Jim the Realtor | Jul 5, 2022 | Frenzy, Market Conditions, Market Surge

There are many who insist that real estate will follow its historical trend, and I like to say ‘it’s different now’ just to irritate them. What are the things that are different? Every buyer has had to qualify for their mortgage and use a sizable down payment, the...

Inventory Watch – Happy 4th!

by Jim the Realtor | Jul 4, 2022 | Inventory

This should be about it. If there hasn't been a surge of inventory by now, it's not coming - at least not this year. There might be some nice action over the next couple of weeks as buyers try to land a deal before school starts, but there won't be big discounts -...