In the last couple of weeks, you may have seen prices on new listings reflecting today's exuberance. Homes that are priced attractively will generate the crowds, and likely get bid up over list. Others are listed for a price that raises an eyebrow. In areas where...
I'll probably see two properties around the flight path all year - might as well show them back-to-back:
Everyone says that inventory is low because potential sellers don't want people in their house during covid......but that's not stopping the buyers! The showing counts are rising quickly and more people are looking - maybe more than ever for early March: The...
The trend of paying over the list price is increasing. NSDCC Detached-Home Sales Closed Over List Price January: 38% February: 43% March: 51% (of the first 75 closed sales of the month) Most sellers and agents are happy just to get 1% to 5% over list which will cover...
This Brentwood Heights culdesac home on a 27,007sf lot in Olde Carlsbad had one of the better granny flats - and was hotly contested. We were hoping to talk the seller into paying off the $259/mo. solar lease, but he probably didn't have to. It closed today for...
I love hearing from new readers! Hi Jim, I have recently stumbled upon your blog and find it very interesting as I am an appraiser in San Diego. I wonder if anyone has considered that the low inventory levels are in part because home prices are going up so fast why...
The industry has been abuzz over Zillow buying ShowingTime, our appointment-scheduling service. Wouldn't it be great if Zillow published the number of showings publicly? The intel that could be gathered would be of great interest to buyers, and help enhance the...
There will be a whole new wave of lawsuits against listing agents who insist on rushing buyers through the process. They think it's a good thing to shorten the contingency periods and then make themselves scarce - and they are going to get what they have coming to...
Del Mar Heights has always been a sexy option - the access to beach/freeway/UCSD is excellent, and two of the best elementary schools in the county are a short walk. Like in other areas, the inventory has dried up, so when this one hit the market, it created a tsunami...
Here are the percentages from January: Here are February's winners: Most % Over List Price List Price Sales Price Percentage Over List Price...
