Today’s local Case-Shiller reading for November is the fifth in a row that reflects the much-higher mortgage rates. The index has dropped 9% since May - don't be surprised if in the future we see a similar trend of enthusiasm in springtime, and doldrums in the...
At the end of this video, I describe how I conduct my bidding wars - it's so simple, everyone should do it!
Thirty days into the new year and I have no concerns about the market - other than the nagging low inventory. As recently as 2019, we had 419 listings in January, and this month we won't get half that many! Things are improving on schedule - the actives' count is...
Last week, we lost a big agent to a start-up brokerage, and I hate to see people go. I'm not sure what happened in their case, but typically agents don't try to re-negotiate with their current brokerage, instead they just leave for the greener grass without notice....
It looks like Zillow is sticking with their relatively flat forecasts for our local areas. It's probably realistic if appreciation goes like it did in 2022 - everything gained in the spring selling season is given back in the off-season. Note how the 'typical home...
Since June, I've been saying "Wait until springtime". Here is what's coming:
Ok, ok you want to downsize but you don't want to bake in the desert - plus you like living in San Diego. Aren't there any newer, smaller choices around here? Lennar has purchased three local golf courses and are on their way to building them out. The development of...
Compared to others, we have it pretty good here! California is #7 on the happy list: https://wallethub.com/edu/happiest-states/6959
I was confident that in the last few months of 2022 we would reach at least 100 detached-home sales between Carlsbad and La Jolla. We are up to 102 in December, after closing 118 in November! I wasn't so hopeful about January. As of today, there have been 68 closings...
Our new listing is perfect for the extended family who want to live the good life in the country! 16390 Whispering Oaks Drive, West Ramona 6 br/4 ba, 3,801sf YB: 1984 2.35 acres Gated Community Full Solar Get away from it all and move to the country! Bring everyone...
