Susie filed this frenzy report on July 8th: I think Boise might have topped out but I'm waiting for September. Summers are usually slow here. But the last one put on the market here, a couple streets over in my Movado subdivision was listed for $949,900 (about...
The ibuyers are borrowing money like crazy to build their inventory of homes to flip. Opendoor doesn't have the brand-name awareness of Zillow, so they are advertising a lot and buying homes directly off the MLS. Zillow has everyone's email address so they are able...
The percentage of buyers who were willing to pay over list reached another all-time high in July: NSDCC Detached-Home Sales, % Closed Over List Price January: 38% February: 43% March: 53% April: 55% May: 54% June: 59% July: 64% There were 33% of the total sales that...
The teaser on Friday was the first 4-5 minutes - here's the full 14 minutes with a better camera angle:
It might feel a little soft in other places, but the newer Davidson homes are always going to be popular. Here's an example in La Costa Oaks where two model-match homes sold a month apart and both fetched a similar premium. Here's how the second one looked:
And only three for sale under $1,100,000! It's not the end of the world, though. It's not even the end of homes for sale under a million - there will be others. But it is the velocity of the frenzy that is astonishing. Detached-Homes For Sale Under $1,000,000 Between...
We are in the midst of a real housing crisis. The rapidly-increasing home prices are exacerbating the problem too - especially for existing homeowners who had hoped to move up. If you paid $500,000 for your house and now it's worth $1,000,000, you need to spend...
A few looks at Carlsbad open houses yesterday:
Buyer fatigue has hit San Diego’s real estate market as some people are taking a break after making offers on several homes to no avail, according to several real estate agents. “In my opinion, I feel the buyers are feeling beat up and a little tired,” said Dawn...
Do sellers buy first, or sell first? Most want to use the equity in their current home to buy the next one. But if you sell first and can't find a replacement, you could end up homeless, and/or having to move twice - once into a (very expensive) rental, and then move...
