The critical point in this video is when the second seller dropped 7% to make the sale after just three weeks on the market......even though that was 10% under the last sale that backed to power lines. This is what can happen. Did they have bills to pay? Did the agent...
The mortgage rates are heading for 7% again, which is shocking, given it was 5.99% on Feb. 2nd. Higher rates will discourage both buyers and sellers, and make them want to wait for a "better market" some day in the future. Whether that day will come isn't considered...
I knew every word to every song on this album by the time I was 15 years old - no wonder it's like this! The song starts at the 3:30-minute mark, but Frank's pre-song banter is worth it. I dedicate this to my boss Steve who is in the process of moving to Whitefish,...
Paying over the list price wasn't a new thing created by the frenzy - there have always been over-list sales in the past. But getting down to 8% last month begged for a comparison to a previous January! In January, 2019 there were 151 NSDCC sales, and 18 of them (12%)...
There were 182 NSDCC listings in January, as of today - which means we have a clear winner, even if a few more listings get added by late-reporters. Congratulations Rob Dawg! The season starts on March 30th, and May looks like a great month to attend a game. What...
This is the house that received THIRTY offers last month. My thoughts: The supply of houses priced under $700,000 is scarce, with overwhelming demand. This is all you're going to get from now on, and it won't get better. I feel sorry for the kids. My buyers offered...
When mortgage rates started going up last year, I said all we have to do is survive until springtime - and it looks like we've made it! Not only did our local market not crash and burn, it held up pretty well - and that's in spite of the higher rates and blistering...
Look at how the detached-home market between La Jolla and Carlsbad has started in 2023: NSDCC January Sales: 96 I had given up all hope of hitting 100 sales in January, but it is within sight now. NSDCC January Listings: 182 A few more than expected which is fantastic...
I heard recently that several people from our area have moved to Wilmington, NC:
