There were enough open houses in the area that the streets of Encinitas were crawling with people today. Thankfully, my listing was the cheapest! I appreciate the big turnout for Padres-tickets contest too, and for 47 of the 48 guesses being higher than list price -...
MANHATTAN BEACH (CBSLA.com) — According to real-estate website Trulia’s first-quarter “Bubble Watch,” the top two overvalued housing markets in the country are Orange and L.A. counties. Climbing prices, combined with low inventory, is causing worry for some would-be...
Livinincali left this comment Thursday: If history is any guide you’d expect sales volume to start dropping before seeing any movement down on price. The sales volume numbers back in winter of late 2012, 2013 were seasonally higher than they have been and that marked...
Buyers are grabbing up everything in sight - what do you do? Be patient, commit to a price point, subtract up to $100,000 for repairs/improvements, know what/where you are willing to compromise, and buy the next good one! It's only sticks and stucco, you're the one...
When there are multiple offers on one of my listings, I am happy to divulge the pertinent information to all parties - because transparency benefits the seller. But most listing agents act like they are guarding Fort Knox, and won't give any guidance on...
The houses with 1-2 premium features really benefit in a frenzy. Buyers are happy to at least get a couple of big items on their wish list, and are willing to concede/discard others to ensure that they don't lose......again:
Can you feel it? The frenzy, creeping in on you? Those watching closely may have noticed how the market has 'picked up' over the last week or two. We've had more buyers than sellers for a while now, so that alone doesn't constitute a frenzy. In a low-inventory...
Rich Toscano does a nice job dissecting the San Diego markets, and explaining the differences. An excerpt, plus one of five graphs from the VOSD: http://voiceofsandiego.org/2014/03/06/cheaper-homes-still-rebounding-fastest/ Cheaper homes have done a lot better in the...
The $800,000 - $1,400,000 market has been red hot as of late. But its inventory count grew 7% this week, and pricing and square footage also faltered. We'll call it noise for now, and check again next week: North SD County's Coastal Region (La Jolla-to-Carlsbad) The...
Unlike last year, buyers aren't jumping at every listing - we just saw that the SD inventory is up about 13% compared to last February. Though every talking head reminds us that rates are still 'historically low', nobody is going to buy a house today just to lock in...
