It is common to see the same words or phrases in the MLS descriptions. A few years ago, the fancy new buzz word was 'boasts'; a word realtors would use to describe the home's best features. The word got overused, and eventually we would read that a home "boasts three...
Jim’s Take on the Market
MLS Confidential Remarks
Here are comments left by listing agents in the MLS confidential remarks over the last month - some are scoldings! No Showings until Open House, Then use showing time. Seller will only show WED/ SAT MUST USE SHOWING TIME!!! Must have a Pre qual To Enter Per seller...
Listing Sabotage?
What are some of the tricks being used today? Ten minutes after I left the open house on Sunday, I received a call from an officer at the Carlsbad Police. Someone reported bones in the backyard, and he was investigating whether they were human or animal bones because...
Future of Real Estate Sales
I disagreed with the expert opinions yesterday. What are they missing? My thoughts: We cannot apply any previous assumptions or beliefs about real estate sales to the market conditions of today - we need to clean the slate. The discussion starts with how the number of...
Debt Ceiling Deal
It's not passed yet but this is earlier than I expected so hopefully they can get it done in time. Mortgage rates are like gasoline prices though - quick to go up, and sloowww to come down. If they can pass this by Wednesday/Thursday and rates improve a little by the...
New Normal for NSDCC Listings
Yesterday we saw how the number of listings has been dropping in San Diego County. Here's a look at our favorite market - detached-homes between La Jolla-to-Carlsbad: *The 64% is the percentage of 1Q23 listings that have closed escrow - more will be added, but the...
Fewer Sales To Continue
There will be more headlines about home sales being down - way down - and people might wonder if it means anything. Not really - it's because there are fewer homes for sale. It looks like it will continue too. Last year in San Diego County there were 2,686...
Real Estate Navigation
The six active listings in La Costa Valley got trimmed to five with Avenida Ciruela going into pending status, and four of the five actives had open house on Saturday! The weather was funky because a 50% chance of rain was forecasted early in the morning, but it never...
La Costa Valley Resort!
Check out our new listing in La Costa Valley! 2150 Corte Cidro, Carlsbad 92009 5 br/4 ba, 2,631sf 0.23-acre lot HOA + MR = $202/mo LP = $2,100,000 Open house 12-3pm on Saturday and Sunday, May 20th & 21st! Are you looking for the ultimate entertainer's home with...
Frenzy Monitor
Here's another example of how the frenzy has taken a different path in each area. Carlsbad, Encinitas, La Jolla and Rancho Santa Fe are rolling along with about the same or more pendings than last month - which should have been the peak - but the wheels have come off...