After an insanely unpredictable real estate market in 2020, will our strong sellers' market continue in North San Diego County's Coastal region? Probably, but it should be more balanced. Mortgage rates around 3% (and under) will continue through at least the first...
An update from the agent on the new listing (now pending) in La Costa Oaks: 27 showings, 8 offers significantly over asking. It was crazy! So many buyers from the Bay Area! I had seven agents contact me for details about my sale that's pending across the street. ...
While the Real Estate Frenzy of 2021 appears to be on its way, there are reasons why it could be muted, or not happen at all. Here are a few: Lack of Inventory: Our recent history of fewer homes for sale is likely to continue. It's not getting easier to move - and...
It looks like we are going to set new records in every category this year - and not by a little! NSDCC Annual Sales & Pricing Year # of Sales Median Sales Price Median DOM # of $2M+ Sales 2013 3,083 $949,000 41 392 2014 2,904 $1,020,000 47 434 2015 3,104...
From Zillow: We've all been there this year -- toddlers interrupting Zoom meetings, daydreaming for more space, and shamelessly feeding sourdough starter kits. 2020 has changed the way we live in and outside our homes. As people rethink their homes'...
The experts at realtor.com think our pricing will go up 5.5% next year, and the folks at Zillow have predicted around 8% for areas...
2020 was a truly unprecedented year. With it behind us, let’s look ahead at three housing market trends that are likely during the next three years. First, exceptionally low mortgage rates are likely to be around for an extended period. We expect 30-year fixed-rate...
Friday Wrap-Up! Thursday Showings: 5 Friday Showings: 11 (+one no-show) Total Showings: 16 in first 1.5 days on market. Two offers. After the first offer, I suggested to the sellers that we raise the list price which I don't remember ever doing before - and remember...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The average length of homeownership has been 10-12 years.....until now?!? Nearly half of Americans are considering a move to a new home Of those considering a move, more than 1 in 4 (27%) want to stay within their current...
This looks like a dramatic drop-off in showings but we are still 160% above where they were last year, and way above where they were in February. If there were just more homes for sale! We got off to a hot start in 2020, and you can see how showings in January of...
