Our regular commenter elbarcosr backed me up on how wacky the zestimates have been lately. They seem to be getting worse, which is hard to believe. Being a Zillow homer now, I thought I better look into it. Let's serve up a nice big softball. Certainly the zestimates...
There hasn't been a sale in Derby Hill, one of the premier newer tracts in Carmel Valley, in almost six months. Will buyers mind picking up where they left off last summer?
Most national forecasts are predicting a 3% to 4% appreciation rate for 2016, which has to be a safe bet. If it comes in anywhere from -2% to +8%, you can say that you were close. Zillow has enough algorithms that they are willing to make predictions for each local...
Two of the most successful new-home tracts in the history of Carmel Valley are winding down, and the demand has been impressive. After 2.5 years, ADM is down to their last 13 homes plus the three models, and they still have 90 people on their priority list - and those...
A brief tour of a new home in Carmel Valley:
http://www.nytimes.com/2015/07/23/technology/qualcomm-earnings-q3.html The Qualcomm press release today: http://247wallst.com/technology-3/2015/07/22/qualcomm-to-fire-15-of-staff-after-cutting-outlook-adding-directors/ An excerpt: The company expects to fire about 15%...
No shortage of demand for the brand new high-enders. Here they've sold 100+ houses and lots already, averaging $2,000,000 or so for the houses. If you are on the lengthy list of waiting buyers (who had to pre-qual to $2M), is time running out? Do you opt for one of...
Earlier today, reader 'socalbuyer' asked, Jim, Word on the street is that Qualcomm is going to layoff a couple thousand folks in San Diego this year. Wanted to get your thoughts on how that would affect the real estate market in San Diego. Most of those jobs may not...
One of the most affordable ways to get into the Del Mar School District:
Will better access to Del Mar Mesa make a difference? I don't know if it will raise prices, but it should cause buyers to re-consider the benefit of exiting the I-5 freeway at the Carmel Mountain Rd. bypass and be home in 10 minutes, rather than fight traffic to...
