Let's break down down the active and pending listings by zip code to give the readers a closer look at their neighborhood stats. There will be some noise due to me changing to the CRMLS system, which is different than at the SDAR even though we are supposed to be...
Month: August 2023
Tax Rebates for Home Improvements
From the WSJ: Many Americans will save thousands of dollars on home renovations when new rebates for a range of energy-efficient upgrades kick in later this year. Buyers will receive the rebates as part of a $9 billion federal program passed by Congress in last...
More On SDAR CEO
The grifting at the San Diego Association of Realtors continues to unwind, and as a result, I have switched back to being a member at the North San Diego County Association of Realtors. Rob wrote a blog post about the original swindler, Mike Mercurio, who embezzled...
Inventory Watch
Potential home sellers have been believing that 2023 isn't a good time to sell a home, and the media is feeding that perception. Our local market will probably keep fading away for the rest of the year, though let's review my two rules of thumb about when is the best...
Hope for Buyers
Market conditions in the off-season will be tepid but temporary - buyers will be lying in the weeds, and sellers should wait until the 2024 Spring Selling Season. I don't know how this sale above happened, and it doesn't matter. All that we know is that the seller...
Moving To A New City
Here we go again - people don't want to leave San Diego! It will be interesting to see if this hot summer throughout the country causes more of the affluent people to head our way. Based on an analysis of 100 metro areas, the following 10 cities had the highest net...
Natalie on Tour With Karol G
Our daughter Natalie has been a dancer all her life. As a kid, she danced year-round, then went to UCLA and graduated with a degree in dance. The pandemic made us think it might never happen, but then a month ago she signed on this tour - a lifelong dream! Two weeks...
Natalie On Tour!
Karol G starts her football-stadium tour of America tonight, and Natalie Klinge is with her! Our daughter Natalie is one of the 20 dancers performing with Karol G - check out these shows! We are in Las Vegas for the first show - video to follow! To get acquainted with...
Home-Pricing Strategies
During the frenzy, pricing didn't matter much - buyers were overbidding everything. Now that the environment has settled down just a bit, the list price chosen by sellers makes a difference. Here are some of my notes on pricing. Make the pricing easy to digest. The...
“Price It Right”
I hate when realtors say, "Price it right". It makes it sound like we know something you don't - that our price is the right price. Realistically, you can only say you priced it right if a house sells during its first week on the market. The frenzy made every listing...