Paying over the list price wasn't a new thing created by the frenzy - there have always been over-list sales in the past. But getting down to 8% last month begged for a comparison to a previous January! In January, 2019 there were 151 NSDCC sales, and 18 of them (12%)...
The action on the new listing has been good so far. The hot listings usually have a views-to-saves ratio of 10:1, and mine is 29:1 above. Even though the house has a fantastic view, buyers don't want a project, and it emphasizes how important staging is today. Because...
Ok, ok you want to downsize but you don't want to bake in the desert - plus you like living in San Diego. Aren't there any newer, smaller choices around here? Lennar has purchased three local golf courses and are on their way to building them out. The development of...
I was confident that in the last few months of 2022 we would reach at least 100 detached-home sales between Carlsbad and La Jolla. We are up to 102 in December, after closing 118 in November! I wasn't so hopeful about January. As of today, there have been 68 closings...
Others including Bill Walton are thinking the Miramar open space would be ideal for housing - an excerpt: San Diego has the nation’s best year-round weather and ample adjacent federal lands, making it the perfect site for the start of a national solution to...
Won't somebody just produce an all-encompassing (pardon the pun) website to facilitate homes sales? There is a new disruptor every month with their unique solution, and it's ALWAYS born out of their frustration with buying a home recently so they are happy to bash...
I spoke to a few agents on the broker preview yesterday about business this year, and the common theme was that agents are have big trouble finding people who want to sell their home. It suggests that the inventory of quality homes will be extremely low this year....
I don't think anyone in the realtor industry recognizes the harm being done to the consumers by squeezing out the buyer-agents. The good ones offer a valuable service by assisting homebuyers with the complexities of purchasing a home; a challenge that is tougher than...
I was going to ignore one more forecast by a financial services company (what do they know about selling homes?), but this is from the squid, plus Derek mentioned it in the comment section. None of these forecasts provide any evidence or reasons for their conclusions....
