I love my new Encinitas Highlands listing at 733 Stratford Drive, which is at the top of the hill and offers some of the best ocean views in EH! This is another property that is ideally suited for the multi-generational buyers because there are bedrooms and full...
Market Buzz
NSDCC Avg DOM, 1st Qtr
Our low inventory has buyers starved for houses to purchase. When they see a good one, they react immediately - an attractively-priced house will have people driving by within the first hour or two on the market! Sellers should be aware, and expect to sell their...
Pot Bubble?
We figured the next real estate bubble would look a little different..... http://blog.sfgate.com/smellthetruth/2016/03/16/marijuana-real-estate-bubble-inflates-in-california/ Excerpts: A marijuana real estate bubble is inflating in parts of California thanks to new...
Boom or Doom?
Our favorite doomer has published some interesting stats about the Bay Area: But he is looking at one month only, and comparing to one year only, 2015, which was hot. We'll see how it plays out. Yesterday around here we saw a 9% increase in NSDCC new listings and a 9%...
Report on China Real Estate Expo
The 11th Annual Overseas Property & Immigration & Investment Exhibition was conducted in Shanghai this past weekend. A contingent of Mandarin-speaking agents from Orange County had a display booth, where they included three of my listings among their...
Boston Real Estate
Another fast-paced market loaded with bidding wars! Link below: http://boston.cbslocal.com/2016/03/01/boston-real-estate-outrageous-prices-competitive-market/ BOSTON (CBS) — See a house for sale in Boston? Like the price? Don’t get too comfortable. If you want to buy...
Zillow Has the Best Agents
The Zillow tagline this year is that they have the best agents - Spence says it twice in a row here. Nobody else in the business gets as much exposure as him, so we should keep hearing it, which should cause more consumer trust and engagement - with Zillow agents....
More Multi-Gen
This is an increasing trend that has many effects on the overall market - both good and bad. From cnbc.com: http://www.cnbc.com/2016/02/08/under-one-roof-multigenerational-housing-big-for-builders.html An excerpt: That's exactly how it works for Jennifer Michaels and...
NSDCC January Sales & Pricing
January house sales between La Jolla and Carlsbad look pretty good, given the higher pricing and TRID fumbling. Our good luck with sales should continue - rates are lower this month, plus February actually has one more business day than January, thanks to leap year!...
‘Rich Enclaves’
If the real estate market is just for rich people now, then maybe having a thriving job market nearby won't be as important. Rich people can live anywhere, can't they? If so, then San Diego should reap the benefit. Rich people looking for the best weather should keep...