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...
The "11 semi-custom and personalized estate homes designed with Agrarian inspired architecture" on the corner of Santa Fe and Lake in Encinitas are different than most new houses we see these days. The lots are 30,000sf to 53,000sf, and detached guest houses and...
From the Union-Tribune: Encinitas will explore ways curb the construction of oversized homes that neighbors call “McMansions,” while attempting to balance the rights of property owners. Councilman Tony Kranz, who brought the idea forward at a council meeting...
Here's a tour of Richard's hot new Village Park listing in the heart of Encinitas:
How is the fourth quarter rolling out? Are sellers feeling pressured to lower their price? Are buyers stepping up? Here are the pricing trends in our local areas: SE Carlsbad - List and sales pricing converging should cause an active 4th quarter - unless buyers...
There is a chance that disruption could be upon us. Reader Booty Juice said today said that since he bought his house 30 years ago, the transaction process hasn't changed a bit. It hasn't - sellers still pay a full commission for two agents to figure out how to get...
Here's a bidding war I got tangled up in but lost to a cash offer who paid over list to get it. The LA marked the sales price as $1.65 million in the MLS, but the tax rolls show different. The property is similar to those on Crest nearby, with over an acre and a...
The edge of the continent is a fascinating place for many reasons. From a real-estate perspective, it is fascinating how much people will pay to have a front-row view - a position that comes with a somewhat-uncertain future when you are on the cliff in Encinitas....
W.C. Varones has been covering the Pacific View fiasco, and the recent commitment by the City of Encinitas to pay $10 million for it (even though the school district only asked $9.5 million). Here is his most recent post about the community activists who supported the...
The seagull view over Moonlight Beach:
