Year: 2023

Damages vs. Wear and Tear

When tenants live in a property, they cause some degree of wear and tear. This can range from minimal scuffs on walls to more serious harm, such as stained carpets or broken appliances. It’s important to recognize that wear and tear is different from intentional...

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Local Zillow 1-Year Forecasts

These are getting into the lazy zone now because predicting 2% to 4% increases over the next 12 months doesn't take any real forecasting - they are just safe guesses based on historical norms which flew out the window with rising rates about 18 months ago. They might...

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Local Sales and Pricing

They update the previous month's stats on the first of month, so here's the latest for Carmel Valley, Carlsbad, and Encinitas: Encinitas had an crazy price bump in June, but toss that stat out and the pricing looks fairly steady. There just aren't enough homes for...

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Plaintiffs Win

Many think this won't change much about commissions. They might have to go higher to pay for the damages! A jury in Kansas City, Missouri, sided with a group of homeseller-plaintiffs Tuesday, ruling that real estate’s biggest names participated in a conspiracy that...

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SW Carlsbad Entry Level

This was listed for $1,438,000 at the beginning of March, but no takers. They lowered the price to $1,398,000 after two weeks, and then moved down to $1,349,000 a week later (which usually means they weren't getting any traffic, let alone offers). By the end of May,...

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