Month: September 2023

SP:LP Ratio

One of the best ways to monitor the pricing trends is to watch for changes in the SP:LP ratio. Last year the pricing got soft in the fourth quarter, so we'll keep an eye on the SP:LP trend this year - but so far, so good:

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Show During A BBQ

When other agents want to show my listings, I accomodate. Do I drill the agent with a bunch of questions to prequalify the appointment? No, I trust that they are a professional and wouldn't be wasting their time. Yesterday, an agent wanted to show our Terramar listing...

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Padres 2023

What happened to the Padres? Manny and Boegarts are married, and Soto and Fernando aren't. You know that means there will be 5,10,15 women waiting after every game for 'nando, and it sounded like he's enjoying every bit of it. There has to be tension with the...

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Over List, August

Given that mortgage rates have been above 7% since the beginning of July, it's incredible to see August having the highest sales count for 2023! September is looking pretty good too - there have already been 57 closings this month. The pricing is holding up too. What...

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National Appreciation Forecasts

Now that's more like it - 100 economists were surveyed last month and the average guess of annual home appreciation was back in the comfortable 3% zone. But I dug a little deeper to find the list of economists and their individual guesses, and there was more variance...

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San Diego is #1

Homeowners in San Diego are the least likely sellers in the country to lose money if they put their house on the market, according to a new study. The study, which was conducted by the real estate company Redfin, analyzed real estate data from 50 of the most populous...

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World Trade Center

The original World Trade Center was a large complex of seven buildings in the Financial District of Lower Manhattan in New York City. It opened on April 4, 1973, and was destroyed during the September 11 terrorist attacks in 2001. At the time of their completion,...

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