It took almost a year to sell it - the initial list price was $3,395,000 last April during peak frenzy - but after refreshing the listing 2-3 times and lowering the price (list was $2,749,000 at time of sale) they got it done. It closed yesterday at $2,625,000:
Month: March 2023
Dream For All
The CalHFA Dream For All Shared Appreciation Loan Program is out. It's a way for buyers to purchase a home with no money down. The State of California has thrown $300 million towards the program, and they will provide a 20% down payment and share the future...
2023 Padres!
Torrey Highlands!
Now Sold! 13328 Deer Canyon Pl., San Diego 92129 4 br/4.5 ba, 3,084sf YB: 2003 Lot size = 8,441sf LP = $1,795,000 SP = $1,930,000 We represented the sellers. Upscale kitchen remodel with classy white and expresso cabinetry, Thermador stainless appliances including...
Jim’s New Listing in RP
Check out our new listing! 13328 Deer Canyon Pl., San Diego 92129 4 br/4.5 ba, 3,084sf YB: 2002 Lot size = 8,441sf LP = $1,795,000 Open house 12-3pm on Sat & Sun April 1st and 2nd. Upscale kitchen remodel with classy white and expresso cabinetry, Thermador...
Tears For Fears
This band was popular during the new wave/punk era but isn't this just straight-ahead rock and roll? Everybody wants to rule the world.
Encinitas Ranch Second Time
This is the single-level home that sold in February, 2022 for a million over the $2.5 million list price (set deliberately low by the seller). The buyer passed away, unfortunately, and their heirs listed it a year later for $2,900,000. The listing agent (who lives in...
How To Lowball
Thanks to Peter for sending in this sale that exemplifies how to get a good deal. Someimes you can get lucky and the listing agent does the work for you - and you just need to be in the right place, at the right time. We already saw this one where an out-of-town agent...
San Diego Case-Shiller Index, Jan
Here we go - the first negative year-over-year reading! The index will probably stay negative for another one or two readings, then level off and maybe rise during the spring - but we won't know until summer due to the lag in reporting. Any gain during the spring...
Inventory Watch – Under $3,000,000
Actives = green, Pendings = blue Last week, a reader suggested that we highlight the Under-$3,000,000 market. It is astonishing that in an area of 300,000 people, there are fewer than 100 houses for sale priced under $3,000,000 (and none under $1,195,000). Our...