Here's another example of the market buzz. This is a fairly typical 1950's house in Clairemont that features an extra solar-energy hype to it. It has a cool, trendy look, but deep down it's still a smaller, older house with only 1.5 baths. You can gauge for yourself...
Frenzy
Blistering Hot
Here's video testimony regarding market conditions around San Elijo Hills/South Carlsbad. In the 92009, 92011, and 92078 zip codes, there have been 228 houses marked pending this year, not counting contingents (71 of those new pendings have closed already). All that...
Portal
Casanova wondered if producing this blog is a full-time job. No, it's still part-time, and just a reflection of what I do everyday - without bulldozing my client's rights to privacy. I love to work, and get after it early every day. Yesterday Mike B. and I were on...
LJ Circus
For those who haven't participated in today's market conditions, this will give you a taste. First you got out and look at the houses that has been picked over by everyone else, and determined to be way overpriced. Then you track the new listings, and rush over to...
Covenant Screamer
You don't see too often - two quiet acres in the Rancho Santa Fe Covenant under $1,000,000. There were more defects to this property than were disclosed publicly:
Bidding-War Contest
If you are picky about what you're going to buy, and will only offer on quality properties that are priced attractively, then you need to have an effective bidding-war strategy. Practice on this one! Leave your guess on what the sales price will be in the comment...
Then and Now
Reader tj and the bear asked: Do you perceive a difference in the relative value of ocean view and/or proximate RRE post-2000 vs. pre-2000? I can’t shake the feeling that even though everything went up, the premium on coast properties went through the roof and has...
Move ‘Em Out
We could use some good old-fashioned market clearing - maybe this is a start? JimG brought it up, and our friend Effective Demand has charted the increase in Bank of America foreclosure activity for Southern California - recently their number of auctions has spiked:...
Video Is The Future
Any house west of the I-5 freeway in our prime North SD County Coastal region, priced within range of Fannie/Freddie/FHA financing, is likely to find a large audience. Here's an example: The first minute of this video was taken yesterday during our usual broker open...