Will there be a bigger exodus from the more-affluent neighborhoods now that the real estate market has tanked? Will the heirs of the estates be liquidating, instead of moving in like they planned, in order to fund health care - or their old lifestyle left over from...
The foreclosure tours are winding down - I'm glad I didn't get a bus!
This is the second part of the examination of low comps that go under-reported, leaving future buyers and agents to wonder what happened. Tread very carefully, with little or no information about the details of lower sales, the future buyers are likely to want...
The astute observers can pick out the suspicious deals from a mile away. But how do they play into the decision-making on the street? How can you capitalize on the extra knowledge? If there was an area that had a bad comp but had more good comps and was generally...
This first house below was going to be the wrap-up of the previous video, showing another lower-end Encinitas REO coming to market - but then it veered off into a rant about the current market. Those who predicted that we'd be seeing more of the same for the rest of...
Here's a youtuve tour of a few properties of interest - the lower-priced market seems firm, and the higher you go, the squishier it gets. The REO that backs to Village Park in Encinitas did hit the MLS today, here are the remarks below (I like the idea of the...
A typical newer tract in Carmel Valley, 92130. Even though there was some sentiment that these could be slipping in price (two sales in January were $815,000 and $825,000), partly because they are so similar - most are 2,600sf to 2,800sf - and hard to differentiate...
They think that they have us right where they want us, making us believe that foreclosures will be flooding the streets any minute. When it doesn't happen, they expect frustration and anxiety will set in, and buyers will eventually pay more as a result. But is the...
