The number of active listings is a reflection of how many new listings are coming on the market vs. how many are going off the market at the same time. While today's number of actives is 29% higher than it was last year at this time, let's note that the 2023 inventory...
This was going to be the big test. The controversial local brokerage in Los Altos was offering a measly $10,000 commission to the buyer-agents on their listings, most of which were $4,000,000 and up. They listed a similar house on a quiet street about a mile away for...
In January, 30% of the NSDCC sales offered less than a 2.5% commission to the buyer-agents, and in February it was 25%. Since the NAR settlement was announced on March 15th, 40% of the listings are offering less than a 2.5% commission to the buyer-agents. There isn't...
The potential surge in new listings has stalled, and for the second week in a row we had more new pendings than listings! But something has to give, doesn't it? The pricing continues to levitate, at the cost of sales: NSDCC Monthly Detached-Home Sales, March There...
It appears that for every person that has left San Diego County over the last three years, there has been a replacement - and an affluent one at that!
This is getting to be a real problem, and there doesn't appear to be a Plan B. Hat tip to Richard! As home insurers flee California, the state’s last-resort insurance plan is warning that it’s being pushed toward insolvency, forced to cover a rapidly growing number of...
San Diego Case-Shiller Index, Non-Seasonally Adjusted Month SD CSI M-o-M chg Y-o-Y chg Jan 22 384.13 +2.5% +27.2% Feb 401.44 +4.6% +28.9% Mar 416.45 +3.8% +29.9% Apr 425.90 +2.3% +28.5% May 427.80 +0.5% +25.2% Jun 424.83 -0.7% +21.6% Jul 414.03 -2.6% +16.5% Aug 402.48...
My only thought when seeing thas property was whether Kellen Winslow Jr would affect the outcome or if whether we are beyond that now. He bought his new for $2,871,000 in 2015 and had to cheap sell it for $2,850,000 in 2019 when he got into trouble. But even his house...
Oh, you're going to get lower commissions alright - on the backs of the buyer-agents. The last time I checked a couple of months ago, there were 30% of the monthly closed sales that offered a buyer-agent commisssion under 2.5 percent. Of the 92 closings so far this...
The reporting on the NAR settlement seems to be focused on creating hysteria, rather than finding the truth. Realtors commissions have always been a juicy topic, and the media is intent on using this opportunity to fabricate wild and salacious stories to attract the...
