The market is sizzling, and it could kick up to another level if there were just more homes to sell! Here is a comparison of today's inventory to previous years (the lower-end is selling fast!): NSDCC Active Inventory - Second Week of April Year $0-$800K $800K-$1400K...
Frenzy
Results from Bidding-War Video
The only thing harder than getting a listing is helping buyers win a house. Last week I mentioned how there still isn't any uniform process to sell a residential resale home - it is the wild wild west! Even when a listing agent tells you what they are going to do to...
Home Buyers – Prepare for Battle
An article from cbsnews.com - get good help! http://www.cbsnews.com/news/buying-a-home-in-2017-prepare-for-battle/ An excerpt: “Home buying is about substantive economics, but it’s also got an element of ‘animal spirits,’” said its President Steve Udelson. “In some of...
Frenzy Fever
Here's an example of vinyl flooring available that has the appearance of real wood floors. For comparison, 'vinyl plank' sells for around $2/sf, engineered hardwoods sell for around $4/sf, and real hardwoods go for $5/sf to $8/sf:
“Severe Housing Drought”
We are used to headline porn, but this one sounds startling - are we having a Severe Housing Drought? http://www.cnbc.com/2017/03/23/this-is-whats-behind-the-severe-housing-drought.html In the article, she says that nationally we have the fewest homes for sale than at...
SD Spring Selling Season Starts Now
Graph showing how San Diego resales jump in March – and those are sales that began in January and February!
San Diego County Detached-Homes
A review of annual house sales around San Diego County!
Inventory Watch
How about that weather! Flash-flood warnings, high-surf advisories, and 1-2 inches of rainfall in the last 72 hours! It's not stopping buyers and sellers from getting together though! We had 59 new pendings this week - the most since mid-October! The lower-end...
Bring Back Dirty Cash?
Just a month after President Donald Trump’s inauguration, a federal anti-money laundering program that targets luxury real estate is set to expire. The dragnet monitors pricey home deals for signs of dirty cash, helping detect criminals who launder money through real...
$250 Million Bel Air Mansion
In the first video, the host says that the cars are included - the helicopter goes with the house too. Anyone who owns a house within a couple of hundred yards of this one should put their house on the market today for slightly less!