There are two reasons this tract has done so well: 1. Angela is a great salesperson. 2. The uncertainty with resales. At least here you can walk in and buy a house today. I tried to help some people buy a house off the foreclosure list who got pretty frustrated. The...
Jim TV
Big Money Talkin’
After some filler in the beginning, you'll see a good example of how the "haves" are acting. They prefer the quality locations, which is understandable (and recommended!). This building had been renovated by the seller, so that saves some time and money. In the...
Easier to Go UP in Price!
I tell sellers to price their listing aggressively to elicit offers from all the hungry buyers looking for a deal, and start a bidding war. Instead, almost all prefer the old-fashioned way and list with a higher price, expecting to come down later once the listing...
Lower Upper-End
Lately, homebuyers have been taking a more conservative, less-flashy approach with regards to their housing choices. Part of that choice has to do with expenses; who wants to heat, cool, maintain, and furnish more than they really need? We saw the 10,000 sf launch...
Del Mar Mesa REO
The loan on this house was $3,500,000, and the house next door has a loans for $4,800,000. (The same doctor owned both) Next door is for sale for $2,750,000.
Another La Jolla REO
Thanks to Jeeman for the suggestion!
Regular
Here are homes-for-sale in the $300,000s and $400,000s:
La Jolla
The market in Rancho Santa Fe, 92067 has been been fairly stagnant lately, with only ten closings in the last 30 days (four in the Covenant), with 282 active listings. How about La Jolla? The detached-listing stats for La Jolla's 92037: Listing Status # of $-per-sf...
You Might Be Surprised?
The second house shown here went pending today.
List Low and Go!
Do you care to take a guess at the eventual sales price on La Cucharacha? If it sells fast enough, and the Padres can hold on, the closest guesser will receive a couple of playoff tickets!