In spite of higher rates, the spring selling season has delivered, though the second half of 2023 is TBD. Thanks Steve Harney and Ryan Lundquist for the graphics!
Spring Upswing
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Month: May 2023
Encinitas – Our New Listing!
1276 Meadow Wood Place, Encinitas 5 bedrooms + bonus room, 3 baths, 2,962sf 0.23-acre lot YB: 1990 LP = $1,850,000 Open 12-3pm this weekend! Have you been seeing Encinitas Ranch and La Costa Valley homes selling in the mid-$2 millions and higher, and wish you could...
Preparing A Home For Sale
I'll have a video tour of the house later today - we'll be on the open market tomorrow!
NSDCC April Sales & Pricing, Preliminary
Here is the early count on April sales between La Jolla and Carlsbad, with YoY and MoM comparisons: There will be some late-reporters but April sales won't get up to the 184 sales we had in March - which will probably end up being the best month of 2023 (remember that...
California Migration
As recently as last year there was concern about people leaving the state. But now we are begging you to leave....please! And we'll shower you with money! The future migration trends - starting in 2023 - should show a remarkable pivot and either everyone who was going...
Why JtR?
Our listing on Deer Canyon has closed escrow! Above are the higher-end 92129 closings over the last 90 days. Who would you hire to be your listing agent?
Senior One-Time Exemption
Bill has a great suggestion here, and the powers that be should strongly consider it. Key points: The long-time homeowners who are aging-in-place just because of the heavy capital-gains tax will be freed up to move - and it would have little impact on tax revenue....
Prices Expected to Bottom
Price-wise, we are back to where we were at the end of 2021, so the data above should still be in the ballpark. Glad to see that San Diego isn't considered as wildly overvalued - it's expensive here and people can afford it, apparently. I like that the J.P. Morgan...
Landscape Projects
Are you thinking about a landscape tune-up or re-design? There's an app! https://www.iscapeit.com/
La Costa Valley Culdesac
Our new listing in La Costa Valley only needed a minor tune-up before hitting the open market so within days we launched the open-house extravaganza! We received FIVE offers, and Jim worked carefully with each buyer's agent and ended up at $100,000 OVER the list price...
