Perception is more important than the reality....if buyers read this stuff and decide to wait-and-see, then we could have a problem. But every day we are inundated with breaking news - this story will be forgotten by tomorrow. Hat tip daytrip! LINK to WSJ article...
Market Buzz
San Diego County Sales – January
The housing market in San Diego County is hopping!
Trump Travel Ban and Real Estate
A pair of married software engineers hooked up with real estate agent Tim Gullicksen about six months ago in pursuit of their dream home. After taking time to peruse the market, the couple found a multimillion-dollar single-family home in San Francisco that they...
Spring Selling Season Preview
What can we expect from home sales this spring?
Bidding-War Report
I am fortunate and grateful to have a group of home buyers willing to make offers during the off-season. To give you a feel of what to expect ahead, here are the results of offers made since December 18th: Purchase-offers submitted: 11 Bidding wars: 9 Bidding wars...
Ridic
I had a buyer refer to our market as 'ridic', and the point is painfully obviously to anyone who has been looking to purchase a new home for months or years - the pricing seems to get more ridiculous every day. Today's goal is to buy the least-ridiculously-priced...
Inventory Watch
How about that weather! Flash-flood warnings, high-surf advisories, and 1-2 inches of rainfall in the last 72 hours! It's not stopping buyers and sellers from getting together though! We had 59 new pendings this week - the most since mid-October! The lower-end...
Bring Back Dirty Cash?
Just a month after President Donald Trump’s inauguration, a federal anti-money laundering program that targets luxury real estate is set to expire. The dragnet monitors pricey home deals for signs of dirty cash, helping detect criminals who launder money through real...
Trump and Local Real Estate
The inauguration is almost here - Trump will be your president on Friday! How will he affect our local real estate market? His detractors are aghast over his tweets, but Trump keeps them coming. In spite of their bombastic nature, I think we are already numb to his...
Traffic Doesn’t Equal Offers
The low inventory of homes for sale causes an initial onslaught of buyers which gives sellers the idea that they are about to hit the lotto-and they overreact.