There is a saying in real estate that buyers can pick two of three: Size, Condition, Location. I'm going to modify it slightly, because price should be in there. Home Buyers - Pick Two: Price, Condition, Location. If a buyer wants a home in fantastic condition and in...
As of August 17th, home sellers are not required to pay the buyer-agent's commission. Listing agents are forbidden from mentioning any compensation being offered to the buyer-agents in the active listings, but the CRMLS requires that the amount that was paid is posted...
We are eternally grateful for all the generous support of Mama's Kitchen. This year we distributed 92 pies and had another $1,700 in contributions that will enable Mama's to provide about 1,740 medically-tailored meals to the critically ill in San Diego!...
The year-end slide of the local non-seasonally-adjusted Case-Shiller Index looks like it will last twice as long this year. In 2023, it was a relatively-brief three months, but this year the pricing turned in mid-summer. Expect the same result in 2025 - the prime...
https://youtube.com/shorts/Gcqrvlt5vbk?si=ENE4nCWIHc4Rj8UK
Yesterday realtor Paul commented that he too has seen the Zillow views and saves get re-jiggered: I have screenshots from a few listings that were showing a certain number of views. The next day the view count decreased almost 1K views. Next day it was down a few...
Oh geez, here we go again. The number of Zillow views DECLINED since yesterday. How do the views go backwards? We already know that Zillow recalibrates their zestimates to within 1% of the list price once a home is listed on the MLS, rendering their posted guesses of...
My rule-of-thumb has been based on results. When a new listing has a number of saves that are 5% or more of the views, then I have a hot listing that typically sells right away. My listing on La Costa Avenue is a week old and has been running around 3%, and then...
It was in May that Zillow started guessing +1%-ish for local appreciation. Comparing their 'typical home values' from May to today shows a decline of roughly 2% in pricing in all zip codes over the last six months. With sticky mortgage rates and a political circus for...
It looks like the NSDCC market will survive the usual end-of-the-year blues just fine. We should match last November's sales count (even with higher pricing), and combine that with the improvement in the days-on-market and it makes me think the momentum is building...
