Even though our new listing had several features that are highly desired by today's buyers (end of culdesac, big flat grass backyard, quiet, and owned solar), we went all out in the presentation and advertising. The sellers went beyond our recommendations in tuning up...
Check out our new listing! 13328 Deer Canyon Pl., San Diego 92129 4 br/4.5 ba, 3,084sf YB: 2002 Lot size = 8,441sf LP = $1,795,000 Open house 12-3pm on Sat & Sun April 1st and 2nd. Upscale kitchen remodel with classy white and expresso cabinetry, Thermador...
More stress in the financial sector today is forcing the bond yields lower, which means mortgage rates should be dropping too. There is also talk about the Fed having to pivot and begin cutting rates this year. Wouldn't that be nice! But would it fix real estate?...
A great quote about higher-end listings from this free WSJ article: Tomer Fridman, a luxury agent with Compass said the prices on some of the homes were exorbitant in the first place, so the reductions represent a long-overdue correction. “When you do a price...
It's natural for people to wonder how this will all play out. The Fed raising their rate until they crush inflation (and everything else), home prices are higher than just about anyone can afford, and inventory levels so low that prices will probably keep trending...
Not mentioned are the conversations people have with their dogs. I just want equal time with all decision-makers! Given the increased share of pets in households and the increased time and resources spent on pets, it is no surprise some home buyers consider their pets...
The reason for breaking down the active and pending listings by zip code is to give the readers a closer look at their neighborhood stats. Four areas have MORE pendings than active listings, which is a sign of a red-hot market, and all areas except Rancho Santa Fe are...
When it comes to anticipating the direction of the real estate market, the median pricing isn't nearly as informative as these indicators - Number of Sales and SP:LP. We are used to seeing the sales increase early in the year, but it could have been different if...
Mortgage rates improving 0.24% in one day is extremely unusual! In a matter of 48 hours, Silicon Valley Bank has gone from being a company that we've never heard about or discussed to the highest profile bank failure since the Great Financial Crisis. Such developments...
It was a year ago that my uncle's girlfriend's house went on the market for full retail at $3,195,000. Nobody is going to feel sorry for the buyers who pay a half-million or more over list, and the buyers probably knew that it was lost money for now. But hey, they got...
