After three weeks of uncertainty, buyers emerged at the end of April: https://www.compass.com/listing/4949-san-jacinto-circle-west-fallbrook-ca-92028/1801067495862896353/
The April Pause
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Market Conditions
“Tariff Concerns Ease”
Can we find some positivity in today's market? Are we about to turn the corner? There is enough doom out there that even our head cheerleader is grumpy. But there are reasons to be hopeful. The tariff talk seems to be settling down, and Trump should start making...
Tariffs and Real Estate
The world was rocked by tariff talk on April 2nd. The number of actives and pendings were already fighting to stay in line with last year, but look at the changes that began in April. Has the selling season ended prematurely, and it will feel like the off-season for...
The Waiting Game
It's a bit sluggish around town and it will probably stay that way for the foreseeable future - and likely for years to come. Prices and rates are high, and the inventory keeps growing, which gives buyers hope that either the perfect house will come along and/or...
Home Seller Tip, 2025
The market is 'slowing' and pretty soon we will all just be standing around wondering what happened. The underlying reason is that the new rules discourage agents from wanting to work with buyers. I just had one where my buyers offered $175,000 over the list price....
San Diego Inventory
The March new listings in the San Diego metro area look good with our 12.7% being one of the lowest national increases year-over-year (above). But after a few months of this, the unsolds are starting to stack up: Buyers don't seem to mind, and for them it can only get...
More on Pocket Listings
Let's talk more about my two favorite topics this week: Be Bold and Forge Ahead, in spite of the distractions. Off-market sales. If you are a potential home buyer or seller who is chuckling to yourself about my lame attempt to instill some hope into the marketplace,...
Adverse Uncertainty
Now what? Let's reflect on recent history, because it's the only history that is relevant. Flush with equity, how do home sellers react when faced with adverse uncertainty? We have recent experience....Covid-19! In the first couple of months after that drastic...
Buyer’s Market?
Are we in a buyer's market? No, not yet. For a buyer's market to actually happen, it would take sellers to acknowledge it, and act accordingly. Acknowledging it means lowering their price until they get offers, and then cut a deal with one of them. We're a long ways...
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