California ranked #29 overall, but hey - we're #1 for restaurants! Living Conditions in California (1=Best; 25=Avg.): 50th – Housing Costs 49th – Homeownership Rate 27th – % of Population in Poverty 11th – Income Growth 21st – % of Insured Population 35th – % of...
Jim the Realtor
Seller Impersonation Fraud
Clear Cooperation Policy Update
I got an update on the group of brokerages who have hired the same law firm to go after the National Association of Realtors. If they intend to disrupt the August 17th changes, they better get on it! But they are going let that go, and instead they will be pursuing...
The Base Line
List price is $1,380,000:
Farm to Cul-de-Sac
The agri-hood at the top of the hill in Leucadia - where new homes surround a 3-acre farm - also has a restaurant too that has locals buzzing: https://sandiegomagazine.com/food-drink/haven-farm-fox-point-farms/ They have new homes but most are sold out currently. They...
Required Open-House Sign In
Starting next weekend, this is the form you will see at every open house in California. It is a mandatory form, and EVERY visitor must sign it or they won't be allowed to view the home. What's worse is that the association will be sending shoppers around to verify...
Comments on Realtor Changes
Opinions from the twitterverse on how the coming changes will affect the market:
Zillow Local Predictions
Living in Flat City can be a disaster for those recent purchasers who buy the wrong house, or get divorced. If you have to resell your home in a year or two after buying it, the down payment will get eaten up and you may not be able to buy another house....unless you...
Ten Days Left
When the impact from the NAR settlement was coming into focus in April, the NSDCC active listings that offered a 2.5% commission to the buyer-agent was at 57%. Of the last 105 NSDCC listings, 36% are offering 2.5% or more commission. The new rule hasn't gone into...
Inventory Watch
There were 52 new listings in the last week, which keeps the number of actives around the 500 mark (492). But we emptied out the pendings drawer last month. The number of July closings is up to 212 sales and there will probably be a few more tacked on to that number...