A fellow Compass agent got creative with her latest home video:
Month: July 2023
Zillow Local Forecasts
At the beginning of 2023, the Zillow 1-year forecast for San Diego home values was -0.8%. In May, their expected 1-year appreciation rate in our local areas was around +3%. Now they are guessing it will be around 4%....which might cause more sellers to wait longer! SE...
Why Hire Jim?
It's usually the creampuffs that get bid up 13% over list! https://www.compass.com/app/listing/7114-columbine-drive-carlsbad-ca-92011/1354511938316929481
Neil Young at Rady Shell
Did you catch Neil when he was in town? He's 77 years old!
NSDCC Current Conditions
I try to investigate different ways to analyze the market data so readers can grab something pertinent that might help them make a better decision about their real estate needs. Here's today's attempt! July isn't done yet but you can see the trend: The high-end isn't...
Eleven Offers!
We've received ELEVEN offers on our new listing at 7114 Columbine! The five cash buyers have declined to go any higher, so the six financed offers will be competing today for the win. We sent all of them a highest-and-best counter with a 4pm deadline today. Meanwhile,...
Mozilo is Dead
The Orange Man pioneered the distribution of neg-am mortgages to the masses, and then hoodwinked Wall Street into thinking the loans were worthy of buying in tranches - yet he didn't want to take the blame and instead enjoyed his retirement as a member at all the...
Inventory Watch
In normal times, around 60% of all listings would sell. During the hottest frenzy times, it was up over 80%! But now with the number of active listings rising like a rocket, it probably means a couple of things: The 2023 selling season is closing out. Half of the...
Lots of Action
We had 100+ people attend each open house this weekend, and it was probably half-and-half buyers and neighbors. But neither know the difference, so it just looked like a parade all weekend. Four offers have been received between $1,200,000 and the $1,250,000 list...
Rampart Chimneys
The neighborhood we're in this weekend was built in the late-1970s, during the Rampart General days. The company used to pour concrete panels at the factory, and then assemble the fireplace/chimney on a wooden frame and then truck them to the homesites. They got a bad...