This will bring back old memories of the REO days! I think you will agree that this looks like more than your typical biological discoloration:
Premium location on huge 8,438sf pie-shaped lot at end of culdesac with panoramic ocean views to Catalina Island! Great floor plan with downstairs bedroom and full bath, stainless appliances in kitchen, new carpet, high ceilings with plenty of light, and pool/spa! Only $62/mo for mello-roos. Property needs TLC but very manageable – minor maintenance issues. The house next door sold for $875,000 four months ago and is 199sf bigger with no pool. Hoping for immediate sale – open this weekend 12-3pm!
This is the house that we were going to use the value-range pricing, but instead did a minor spruce-up and it’s still a deal!
P.S. The Tierrasanta listing sold for full price today!
P.S.S. This is the 6,000th bubbleinfo.com blog post!
Here’s our new listing that has been undergoing renovations for the last month, and is hitting the open market today:
The sellers had added 500sf and remodeled the kitchen and baths a while back, and the recent work brought it current. The location is fantastic – only 5 minutes off the I-15 and, when there is no traffic, it’s literally 17 minutes to Prospect St. in La Jolla!
This is an ideal option for those looking in Scripps Ranch, where this house would be $100,000 higher – and further off the freeway!
Open Saturday and Sunday 12-3pm! Only $799,000!
We’re wrapping up the celebration of Kayla’s 25th birthday! (yesterday)
She was born on the day of the 1991 All-Star Game. I got to hold her in my arms and watch baseball on TV from Day One! The game was in Toronto, and Benito Santiago and Tony Gwynn both started for the National League!
We had some random thoughts:
- How many people have lived in their current residence longer than any other house in their life? I’ll say most. The novelty of moving has worn off, and appreciating what you have is the new orange. Shall we say an equal impact on supply and demand – and drying up both?
- Every house on the market for more than 7 days is probably a fixer – sellers should do improvements in advance. Buyers are schooled by HGTV, and want perfection. If you have a superior home in a terrific location, you’ll get offers right away as long as your price is within reason.
- The Joys of Homeownership. Whether the home is owner-occupied or a rental, let’s expect to spend $1,000 per month, on average, for repairs and improvements. You can cruise for a few years, but eventually you can expect to replace the furnace, air conditioning, water-heater, dishwasher, and refrigerator every ten years. Carpet, paint, and landscaping every five years. Sure, if you or your tenants don’t mind living in squalor, it’s not a problem. But if you want to sell for top dollar, you need top-dollar improvements.
- You can judge the listing agent’s experience by the MLS comments. The market isn’t hot enough that you can bluff me into thinking that your listing is so great that you’ll have multiple offers by tomorrow. Just make it easy to show, would you?
- We are overdue for a media onslaught. Any disruption in the positive housing trends are sure to be exploited by national media types. Don’t listen to anybody who doesn’t have on-the-ground examples to back them up.
- The ‘Sold before Processing’ listings are of great convenience. There is fantastic efficiency for a listing agent to quickly shuffle a deal into escrow and move on to the next sale, and avoid having to deal with those messy bidding wars.
- It seems like Zillow is enthusiastically supporting their big-spending realtors. Zillow needs to go next-level and just openly promote their favorite agents. There will be more lines in the sand to be drawn.
- The unstable current events should make you conscious of your home’s security. Do you feel secure at home? Make your home defensible, or consider moving!
- Revolution is going to come, so we should take charge. Take the gun issue. Both sides should submit their solution, and a compromise hammered out. Something has to change.
- If unrest continues, it is probably good for real estate. More people will buy a house to hunker down – to “cocoon”, and drive demand.
Wondering what to do? Either you can settle at today’s prices, or take your chances during the next spring selling season with the new president!
Kayla the Realtor on the job!
Listen for the speed and the simplicity – sellers; your listing has 5-10 seconds to make an impression on buyers and agents!
When we are in the field, Kayla is using the Zillow app!
Our hot new listing in Leucadia on a quiet culdesac by the beach!
Open House Saturday and Sunday, May 21 & 22 from 12:00-3:00pm!
Saturday: Donna and Kayla
She’s a natural:
Our new listing of 1051 Denise Ct in San Marcos for $699,000!
To moms and grandmas everywhere, Happy Mother’s Day!
Speaking of kids, Kayla will be starting her weekly-video series on Wednesday!
This is my mom and I in the middle during her 80th birthday tour of the old haunts around Oakland. On the left are my two brothers and sister, and on the right is Uncle Tom and Sally.
We are standing in front of my grandparents’ house, which my parents inhabited once my grandma passed. The current owners were gracious enough to allow us in for a tour eight years after they purchased!
This was one of the houses sold by my sister during her brief stint as a realtor. When her and my mother insisted that the list price be over $2 million, I had her send me the comps. I told her it would sell for $1,500,000, which resulted in catcalls and boos, and the expected “what do you know about this market!”.
You can see how it turned out here:
Happy Mother’s Day Mom!