I wanted to give my shiny new microphone a good test so I did two videos while I was at it. This is a tour of some of the upgrades in our new listing in Carmel Valley.
I’ll be there today 11am – 2pm – stop by if you can! 11463 Nantucket.
The only problem here is if you don’t buy this house, good luck trying to find something better!
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Showing the proximity to Ocean Air Elementary School
A nine-minute walkaround tour – there’s a lot to appreciate here!
Over 100 people attended our open houses over the weekend, and the home was well received. It is rare to see an 80-year old bungalow improved this nicely!
The first responders have done an incredible job evacuating so many thousands of people at a moment’s notice. It will be one of the major stories of this fire because of how few casualties there are – it’s been a miracle.
How you can help:
You can support the Red Cross by making a donation online, by calling (800) 733-2767 or texting REDCROSS to 90999.
GoFundMe has created a centralized online hub housing all verified fundraising pages related to the wildfires. The hub will be updated with accounts as they are verified by the GoFundme team. At the top of the hub is also GoFundMe’s Wildfire Relief Fund 2025.
The California Community Foundation distributes grants to affected communities through its Wildfire Recovery Fund. The foundation’s team utilizes data from CalFire and CDC’s Social Vulnerability Index to ensure their grants target the neediest communities with both intermediate recovery and long-term support. You can make a monetary donation online or by mailing a check to the “California Community Foundation” at 717 W. Temple St., Los Angeles 90012. Include “Wildfire Recovery Fund” in the memo.
Musicares, a nonprofit safety net of health and welfare services for the music community, is offering anyone in the music industry (with five or more years experience in the music business) with immediate assistance including $1,500 financial assistance and $500 food vouchers. Contribute to Musicares efforts by making an online donation.
Best Friends Animal Society, has activated two pet pantry locations in Los Angeles that can provide essential supplies including pet food, cat litter, pet beds and other necessary items as well as human sanitary products for those who have lost everything. Contribute to the pantries here: donate online. All funds go toward emergency assistance to pets impacted by the wildfires in Los Angeles. Donations top this fund are also directly supporting pet lifesaving work in the area.
There is also a call for supporting the Los Angeles Fire Department by donating to the Los Angeles Fire Department Foundation. The foundation is seeking monetary donations to equip firefighters battling the wildfires with items including emergency fire shelters, hydration backpacks and wildland brush tools. Click here to donate.
My favorite video of a local fire – no homes were lost!
Check out our new listing!
506 S. Freeman St.
3 br/2 ba, 992sf
YB:1944
LP = $1,399,000
Are you looking for an updated beach bungalow that is walking distance to everything downtown Oceanside has to offer? This is it! Hardwood floors, like-new kitchen and baths, new paint, 2-car garage, big backyard with detached office plus lemon, fig and avocado trees – wow! Great candidate for adding an ADU.
Recent comps include 208 S. Ditmar 2br/2ba 1,106sf closed for $1,385,000 on 12/16/24; 310 S. Tremont 3br/2ba 940sf closed for $1,375,000 on 10/24/24; 713 Stanley 3br/1ba, 996sf closed for $1,300,000 on 9/19/24.
https://www.compass.com/listing/506-south-freeman-street-oceanside-ca-92054/1750199079927778353/?origin=listing_page&origin_type=copy_url&agent_id=5b51d51d9474a8364b9a8353
Two hours after listing input:
Do buyers need to wait until 2025, or are there some deals to be had now?
I have some unfinished business left in La Costa that buyers in search of a project should consider.
It’s a home that needs major updating to become a modern custom golf estate, but we have it priced in. The last sale nearby was in July for $2,350,000 for 2,432sf that was right on the street (not directly on the golf course like my listing is). We are 2,887sf of single-level living on a 9,800sf lot with 82-feet of golf course frontage for just $1,995,000!
We’ve had lookers and one low offer so we’re still in the hunt. Come by 12-2pm on Saturday!
I keep adding and subtracting photos in the MLS, and refreshing the remarks too:
https://www.compass.com/listing/2804-la-costa-avenue-carlsbad-ca-92009/1709962586763150545/
Kayla is in town so we were trying to do the more-professional looking videos, which for me means doing a more-formal introduction of myself for those new to our Instagram channel.
On the same day, Robert Reffkin appeared on CNBC and said that research shows that inventory will climb another 15% in 2025 – which is what I said! Many observers will shrug it off and declare that we’re just normalizing back to pre-pandemic levels, but pricing has increased over 60% since then:
Will prices drop to adjust for more inventory?
There probably won’t be much movement on price early in the year, because sellers will be thinking about the spring selling season blah blah and they will be much more comfortable waiting until summer before looking for the panic button. They’re not in a hurry, and they’re not going to give it away!
The one thing we know for sure: Home sellers will want to get what the last guy got. Nobody is going to be listing with a low price in the first 3-6 months of 2025.
The results will all be up to the buyers – are you willing to pay the same prices for homes when active listings are piling up unsold? Everyone will expect you to!
Back in the 2008-2010 era the market was quite different.
I did a bunch of videos during the downturn, and ended up with 435 youtubes that had 1,000+ views!
These days, I’m lucky to get 100 views.
This was a typical example of videos I did around Carlsbad. The big 3,100sf model shown here was eventually sold for $770,000 in 2012, and now the zestimate is $2,000,000+.
Thank you for being here!
I do this blog mostly to educate myself about the current market conditions, and I figure that I might as well publish the information I find for all to see.
Including the bots.
With artificial intelligence scanning the internet for new data every minute, the bots may swing by here on occasion. How much of the audience here are real people, and how many are bots? It would be entertaining to know the answer – does anyone know?
The New Users are a big part of the audience:
Do the bots use mobile?
The bubbleinfo audience is mostly from America but the bots are probably located everywhere?
There isn’t much I can do about it. This blog is copywritten but I’d only chase down a violator if they were really offensive. If the AI bots copy everything here and use it to educate others about real estate, I’d live with that. There is a lot to copy:
But I’ll get even with AI. Here’s a sample:
Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
CA DRE #01527365, CA DRE #00873197
