We've received ELEVEN offers on our new listing at 7114 Columbine! The five cash buyers have declined to go any higher, so the six financed offers will be competing today for the win. We sent all of them a highest-and-best counter with a 4pm deadline today. Meanwhile,...
Year: 2023
Mozilo is Dead
The Orange Man pioneered the distribution of neg-am mortgages to the masses, and then hoodwinked Wall Street into thinking the loans were worthy of buying in tranches - yet he didn't want to take the blame and instead enjoyed his retirement as a member at all the...
Inventory Watch
In normal times, around 60% of all listings would sell. During the hottest frenzy times, it was up over 80%! But now with the number of active listings rising like a rocket, it probably means a couple of things: The 2023 selling season is closing out. Half of the...
Lots of Action
We had 100+ people attend each open house this weekend, and it was probably half-and-half buyers and neighbors. But neither know the difference, so it just looked like a parade all weekend. Four offers have been received between $1,200,000 and the $1,250,000 list...
Rampart Chimneys
The neighborhood we're in this weekend was built in the late-1970s, during the Rampart General days. The company used to pour concrete panels at the factory, and then assemble the fireplace/chimney on a wooden frame and then truck them to the homesites. They got a bad...
San Antonio, TX
Are you thinking of downsizing but only interested in buying a brand-new home in a larger metro area with modern conveniences and medical help - and where you can see the Lakers play on occasion? How about San Antonio, where hundreds of new homes are for sale! [button...
Doug Harwood
It's Doug's birthday today! It's hard to believe that it has been six years since he passed. Here are our two best videos together, and a few of his thoughts that are still relevant in today's market:
San Diego Is #4
We are right up there with the most expensive cities in America! Love their note at the bottom: https://fox5sandiego.com/news/local-news/san-diego/san-diego-among-cities-where-majority-of-homes-cost-over-1m-study/
Santa Clara
Though the local inventory has ticked up a bit, San Diego still has an extreme shortage of homes for sale. Santa Clara is probably the most interesting metro though. For all the stories about tech layoffs, there sure doesn't seem to be a mass exodus - inventory is...
Our New Listing in SW Carlsbad
Our list price of $1,250,000 is entry level now - this is least-expensive home for sale in the 92011: 7114 Columbine Dr., Carlsbad 3 br/2 ba, 1,559sf YB: 1978 8,032sf lot No HOA LP = $1,250,000 Open 12-3pm Saturday and Sunday!...