This is our fifth year of participating with Mama's Kitchen in their annual fund-raiser, Mama's Pies! This is their 19th Annual Thanksgiving Bake Sale, where local bakeries and restaurants donate pies for pickup on Wednesday, November 22. Each pie sold will provide 12...
Month: October 2023
NSDCC October Sales
There have already been 101 detached-home sales close this month between La Jolla and Carlsbad! With five business days left in the month, plus the late-reporters, it means we should match last October's count of 133, and maybe even approach last month's 153 sales. Of...
Price Discovery
A good example of the places that could be undervalued is Terramar in Carlsbad. It's a neighborhood of 240 homes near the beach, and the living is so good that there is rarely any turnover. Without a flow of recent sales, who knows what the market will bear -...
Inventory Watch
The NSDCC median list price has been around $3,995,000 all year, and has been stuck there for the last three months. Homes listed above $4,000,000 tend to be custom homes which are harder to price, and their sellers tend to be more affluent and will want to test the...
Listing-Agent Review of Seller Disclosures
This topic came up in my 45 hours of continuing education, and Donna agreed that rarely do listing agents comment on their seller's disclosures - do they even read them? A focal point as we transition into single agency: To complete the disclosure process, the...
Rate Buydowns
People might think that 8% mortgage rates will kill the real estate market, but they are one more thing that can be fixed with money. Two popular strategies to lower the mortgage rate: 30-year fixed rate buydown: Paying one point, or 1% of the loan amount will lower...
California Exodus
The number of former Californians who became Texans dropped slightly last year, but some of that slack was picked up by Arizona and Florida, which saw their tallies of ex-Californians grow, according to new state-to-state migration figures released Thursday. The flow...
Tour of Fenway Park
Natalie's last show with Karol G was in Boston and because it could be the last show ever, we felt compelled as committed parents and fans to attend. This was my first trip to Boston and because many of my best friends were born and raised there, and because it was...
Tenant Protection Act
In 2019, the state legislature passed a bill that had two profound impacts: It prohibits an owner of residential real property from terminating a tenancy without just cause. It also prohibits an owner of residential real property from, over the course of any 12-month...
0% Commissions
Currently, every listing agent is required to offer some sort of buyer-agent compensation on the MLS. Zillow and Redfin publish those commission amounts on every listing now, so they are all out in the open. Today, there are 79 homes for sale between La Jolla and...