The doomers are hoping to drive the real estate market into hysterics, just for fun. It's easy for buyers and sellers to get caught up in it too, and think the sky is falling. Let's identify the terms, what doomers want you to believe, and the truth: Inventory Surge...
The latimes continued their assault on the truth today. The number of homes for sale has a major impact on the number of sales. What we've had is an inventory problem, yet they make no mention of it here: Southern California home prices and sales edged lower in June...
We try to talk to potential sellers every day, and their response is universal. When they find out that they will have to pay capital-gains tax when selling - and for most local homeowners it means paying six-figures in taxes - their desire to move cools off quickly....
The listing agent Seth gave me permission to run these clips as long as I find the buyer! So if you watch this film and want to buy it, then you gotta call me!
Today, there are 160 pending listings between La Jolla and Carlsbad, and 36 sales have closed this month so far - and currently, there are 470 active listings with a median list price of $2,997,000. It means that the July sales will be under 200 for the second month...
We keep hearing about price reductions, but it's a miracle that the list pricing isn't worse! Consider: We've had a strong seller's market for 10-12 years - would we recognize anything else, let alone know what to do with it? There is no guidance or formula for...
Here is a good sampling of the NSDCC pricing decisions made in May (mortgage rates started going up the first of April). The days-on-market are on the left. Days on Market: All 28 found their buyer quickly - only one took as long as ten days! Paid Over List: 21 of 28...
The number of detached-home listings between La Jolla and Carlsbad has plummeted this year, compared to previous years. We saw the June counts (included again here), but how does the overall count look for the first six months of 2022? NSDCC Listings, First Half of...
Paying over the list price must have some addictive qualities! Either that, or the superior homes are still attracting a lot of attention. Well into the higher-rate environment, more than half of the June buyers paid over the list price! Here is the breakdown by...
We are having fewer sales between Carlsbad and La Jolla, but about the same percentage are closing over the list price as we've seen in the previous months of 2022: NSDCC Detached-Home Sales, June (Month-to-Date) Number of Sales: 104 Number of Sales Closed Over List:...
