This was filmed during broker prview and Portia marked it pending the same day. She did pretty good for an older house on a busy street - her sellers bought it from a flipper for $880,000 in 2016:
Updated in La Costa
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Year: 2023
Frenzy Monitor
The number of active (unsold) listings has been on the rise, and is now 13% higher than it was a month ago - though I would still characterize the current market conditions as steady. Compare your stats from this month to last June and July when higher rates had begun...
More Buyer Love Letters Please!
Another phrase you regularly see in the MLS descriptions is, "NO BUYER LOVE LETTERS". What is the underlying meaning? Listing agents are perfectly capable of discriminating on their own, and they don't need your help. As long as the buyers' names are on the contract,...
Make My Move
What will it take for you to leave California for Indiana? Start with $5,000 to $7,500 in relocation cash. If that’s not enough, how about free health insurance for a year, unlimited golf club membership, a seat on the community’s nonprofit board? How’s a Himalayan...
Inventory Watch
Although the San Diego metro market is leading the nation in YoY inventory reductions, the active (unsold) listings are piling up in the La Jolla-to-Carlsbad market (above). It means more sellers aren't realistic about their price, and the best time to sell a house...
What’s Hot
Is there a more popular offering than a dressed-up one story house on large lot in the mid-millions that's walking distance to the popular LCC High School? Closed at 9% over list price:
‘Reviewing Offers As Received’
It is common to see the same words or phrases in the MLS descriptions. A few years ago, the fancy new buzz word was 'boasts'; a word realtors would use to describe the home's best features. The word got overused, and eventually we would read that a home "boasts three...
Best Places to Raise A Family
Source: WalletHub
Big Equity Gets Smashed
In the confidential remarks, it said that the price was discounted due to 'chimney replacement'.......but a whole $204,000 off? It must have been gold-plated! As the home-selling season closes out, don't be surprised if you see more discounts like this:
MLS Confidential Remarks
Here are comments left by listing agents in the MLS confidential remarks over the last month - some are scoldings! No Showings until Open House, Then use showing time. Seller will only show WED/ SAT MUST USE SHOWING TIME!!! Must have a Pre qual To Enter Per seller...
