Generally speaking, each of the 2025 quartiles is lower today than they were last year, and the median list price is down to $4,000,000 - which is 11% lower than it was at the start of the year. It's because the lower end has been cooking, and the higher-end not so...
One year after the National Association of Realtors agreed, as part of a legal settlement, to change a key rule on real estate commissions — a rule that had long upheld a tradition of commissions between 5 and 6 percent, little has changed. What was hailed as a...
The climb in the number of active listings between La Jolla and Carlsbad took a break and only rose by two. Here's how the actives and pendings compare to the last two years in mid-March: NSDCC Actives and Pendings, Mid-March The 25% YoY increase in the number of...
When $2,000,000 is the entry level for a decent home in Carlsbad, home buyers should really consider what that money will get them just 20-25 minutes away. The sellers agreed to a proper price reduction yesterday (-11%), and I feel like selling it today!...
Ok, ok - I know you don't want to leave San Diego. But for those who gotta do something, check this out. Toll Brothers, one of the best tract builders around - maybe the best around. Brand new one-story homes in the $400,000s Below-market mortgage rates. Yes, you will...
Since October, I've been blabbing on and on how there were several reasons why the pent-up supply was finally going to bust loose in 2025. If you want to sell your house this year, you better get on it. It's more than just an isolated or local thing. Look at the stats...
The proofs of our new photos are in! I thought this photo captured the current state of the Klinge Realty Group: It's not all about me any more, and everyone is quite happy about that! From left to right: Richard Morgan: Team member since 2009 and all-around great...
It's rare to find a 10,000sf usable lot this close to the beach, so you really can't blame buyers for paying $1,977,000 (list was $2,050,000). Everything that's wrong here can be fixed with money:
Here's the full story so far but you know what triggered this move. Warren has to be as madder than Reffkin over the arbitrary penalties from the NAR, and their vig was 5x what Compass had to pay: What will be the impact locally? Combining the #1 and #2 brokerages...
