I mentioned this dilemma a few months ago and the C.A.R issued clarification in October. While the contract generally tends to be seller-friendly and of course it protects realtors at all costs, this is an advantage for buyers: Sometimes during the course of the...
We bike to see Richard's son's memorial bench and then tour Cap'n Keno's before it's too late. It sounds like it is closing at the end of the month.
Lawrence Yun, NAR’s chief economist, believes mortgage rates could remain around 7 percent for most of 2024. However, he thinks rates have likely crested: “I believe we’ve already reached the peak in terms of interest rates.". Within two years, he says, the rate...
We're in the forecasting time of year! The chart above is from Realtor.com. We are used to the ivory-tower types who don't bother to get out of their office or even pick up a phone. They just shine up their previous guess with some current events, like lower mortgage...
I'm pretty sure this is the house that had the monster crane hanging over it for a couple of years....
There were 18% of NSDCC November sales that closed over their list price, which was better than 2022. The YoY pricing metrics have popped as well - all are at least 18% HIGHER THAN LAST YEAR: NSDCC Monthly Sales & Pricing The number of sales should drift up to...
Raw land this close to the beach is rare in Carlsbad - and this one of the very few that is zoned R-15, which means you can build two homes and two ADUs - wow! There are only 67 properties west of Carlsbad Blvd in Terramar - and the last two non-oceanfront homes sold...
Step into the stunning Terramar community, just a stone's throw from the beach! Enjoy the highly coveted location with exclusive private Terramar beach access. This single-story home spans 1846 sqft and boasts 2 generous bedrooms and 2 full baths. This home has been...
Last week, I speculated whether we will see a nice increase next year in the number of homes for sale. Rising inventory has been happening around the country....but not here, at least not yet: But the NSDCC market today looks a lot like it did last year, which...
I just listed this Terramar property for sale that allows for 60% FAR coverage, which should mean that two 3,600sf oceanview homes with ADUs for could be built on this R-15 lot and it's only $1,999,000! The two homes should be worth around $4 to $5 million each when...
