Ben is killing it!
Solana Beach Modern With View
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Month: June 2023
It’s The Little Things Too
Strategy? Slow-motion auction? Transparent bidding? Come on, aren't you just getting lucky? Yeah, maybe but it's not just the newer tract houses (creampuffs) that anybody can sell. Yesterday we closed escrow on our freeway-adjacent all-original bungalow from 1958. No...
Encinitas Success Story
Everyone's journey is different. Some people hire us on the first day we meet, and others take longer. We first met the sellers of Meadow Wood in September, 2021, at which time I quoted their home's value at $1,800,000. The market kept cooking, and by April, 2022 my...
The Cure
The Cure sold out TWO nights at the North Island Credit Union Amphitheatre (20,500 capacity):
Encinitas $3,895,000
This is about the highest point in Encinitas with a lot of view! The sellers lowered their price by $100,000 and the buyer then paid it in full:
#320 in America
We did pretty good last year, and ranked as the #320 small team in America - thank you clients and friends! But the City of Carlsbad wasn't impressed. I still have to grovel to get my open-house signs back:
Migration Hot Spots
https://twitter.com/EricFinnigan/status/1672676730740543488
La Costa Valley 6 Update
When I listed 2949 Avenida Castana on March 31st, it was the only house for sale in La Costa Valley. Well, besides this one, which we thought would never sell while priced at $2,400,000 (the model-match comp had just closed under list at $2,175,000 on March 27th). We...
San Diego Case-Shiller Index, April
I doubt we'll ever see this again. Even though we've had healthy gains in 2023, the YoY declines makes it look like we're going backwards because the index was rising so quickly last year. Hard to imagine any more MoM gains of 3.8% or 4.6%! April's index is about the...
Loan Fraud Pushed Home Values
While the PPP fraud was rampant across the country, the ultra-low mortgage rates and lack of inventory were more to blame for inflating home values recently - at least around here: Anecdotal evidence suggests that many recipients of fraudulent PPP loans used the funds...
