We're having another amazing month, and should get close to 150 sales! The pricing appears to be holding up nicely too (and more evidence that July's collection of lower-priced sales was an anomaly).
NSDCC September Sales, Preliminary
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Year: 2023
Dogs Are People Too
When selling, it's smart to make your home appear to be pet-friendly! Proximity to good schools has long been a deciding factor for home buyers. An increasing number of house shoppers, however, are looking for schools that specialize in fetching rather than phonics....
SoCal Report
I'm on track this year to beat my production volume of 2022! From TRD: During the pandemic, home sales boomed on a foundation of low-lying interest rates. Now real estate professionals are seeing the slowest market in 35 years. With mortgage rates higher than 7...
San Diego Case-Shiller Index, July
The local index is about where it was last month AND last year at this time. It is 3% below the peak of last May, and +9.6% year-to-date. It wouldn't surprise me if it slides downward ~3% the rest of 2023, then up ~3% in the first half of 2024, then down ~3% in the...
Inventory Watch
Most people - especially agents - are experiencing a tough year for real estate sales. How tough is it? Here is how the numbers looked a year ago - they are about the same: It means that the current market conditions will probably extend well into next year, or...
Bubbleinfo Anniversary!
It was 18 years ago today that I started writing this blog. It was a Saturday morning. I set up a free account at squarespace to get it started, and it was solely because I expected every other realtor to do a blog too. Funny how that turned out! Donna said, "Yeah...
Terramar Open House Report
A review of our day near the beach:
Least Expensive Urban Areas
Are you contemplating a move away from San Diego? How about Decatur, Tupelo or Kalamazoo? https://www.coli.org/quarter-2-2023-cost-of-living-index-released/ We did make the Top 10 Most Expensive in the first quarter:
Why Hire Jim?
Having a good feel for what buyers will tolerate makes a difference. When everything else is spectacular, they aren't going to get hung up on a couple of minor things - and it's my job to present them as minor....
Off-Market Selling
Another disrupter is looking to cut realtors out of the deal, which is fine. This is similar to Zillow's Make Me Move, which didn't go too far. It's a novelty to publicize a crazy price for your home, but if somebody wanted to take you up on it, would you sell your...
