A brief stroll down memory lane before reviewing a couple of new-home tracts coming next year: https://www.latimes.com/archives/la-xpm-2009-apr-02-fi-real-estate2-story.html
Bubbleinfo TV
Kate’s New Listing
Impeccable and chic, this incredible gated custom Encinitas estate offers modern living in a central location and a life of leisure. An entertainers paradise bursting with a luxurious and smart design, the home comes complete with its own detached guest house retreat....
Carmel Valley Open House Report
Carmel Valley Pacific Highlands Ranch
Our new listing in Carmel Valley! Open 12-3 this weekend. Check out this attractively-priced Portico home with fully remodeled kitchen, hardwood floors, 3 bedrooms + loft and downstairs den, sumptuous primary suite with two walk-in closets, and upstairs laundry room....
iBuyer Loses $600,000
This ibuyer was new in the game and was hoping to make a splash. Somebody there should have known in June of this year that the frenzy was wrapping up before investing $2.5 million cash into a 20-year old basic tract house on a busier street on the fringe of La Costa...
Frenzy Cruise 8
There probably aren't many people today who expect to see any frenzy left in the marketplace. But here's a view from the street, looking at actual sales closed over the last 30 days. At 22 minutes, this turned into a full-length feature film (sorry), but consider it...
Bedside Manner
I don't mind a home inspector bringing up every detail - what matters most is how they present them. We call it 'bedside manner'; like the doctors who are able to tactfully tell their patients the truth in a way that they gently understand and accept. After this sale...
Encinitas Gated Culdesac 4-Car
This home listed for $3,595,000 but didn't have any takers over the first five weeks. They 'refreshed' the listing (let it expire and then relisted as a new listing), with a lower price of $3,445,000 - a discount of 4%. They found the buyer a week later who paid...
Going Back Again?
How bad was it back in the day? Will it ever get this bad again? This was my first REO listing in 2008. For comparison, the home next door sold for $482,000 about a year ago.
Price Dumping As A Strategy
By now, it's obvious that I'm a proponent of attractive pricing that creates instant urgency and a quick sale. Those who can properly handle a bidding war can work with the contestants to find top dollar, and I've found that it's literally easier to go up on price,...