This is a great example of how to time your listing around others in the immediate area. There are two pendings nearby, which feel like comps even though they aren't closed. Their list prices are $1,595,000 and $1,450,000, so all you have to do is snuggle up under...
You still hear people saying that REOs are dragging down values, but you'd have a tough time convincing me that this isn't retail-priced. P.S. Only two Carmel Valley SFRs have been foreclosed since June 1st:
A reader mentioned the new Pardee tract in Pacific Highlands Ranch near the existing Brightwater and Hampton Lane tracts, which have been selling briskly (at least in the smaller-sized phases they are dripping out). Here is a brief video tour of PHR:
They haven't released many details yet, so we're just guessing about strategy and pricing. It seems that they might be selling some custom-home sites too: Red line is approximate location of power lines. Click on image for close-up:
Here's another seller strategy these days - just wait long enough that other properties around you keep listing higher and higher, and eventually you'll look like the deal. This graph demonstrates the seller exuberance this year, especially in the higher-end areas....
Some compromises can be addressed. You can pinpoint the cost of improvements, and conduct a thorough interview of the neighbors to handle a couple of concerns here. Others aren't so easy:
Thanks to the reader HomeBuyer for the alert: Pardee has changed their website, and is promoting the old Shaw Lorenz tract in Carmel Valley's Del Mar Mesa area as "Alta Del Mar". They are calling it, "The last, and unquestionably, most desirable address in coastal San...
The timing is perfect to be selling your home. Buyers are experiencing max frustration, mortgage rates have set all-time lows four days in a row, the new school year is within sight, and the inventory of decent buys is virtually zero. Here is an example - it has just...
For those who desire a snazzier look than the straight travertine bath remodel we saw in Aviara, here's a close-up of remodeling done at my listing in Palacio:
I don't know what happened to the first property featured here, but I suspect that it turned into a rental property again, and the agent marked it pending just to avoid the cascade of solicitations that come from competing listing agents when you cancel a listing. ...
