The term 'chasing the market' usually applies to sellers in a down market when they don't lower their price fast enough to get ahead of the new listings coming on that are under-cutting them. The reverse is also true about home buyers in a hot market. Those in the...
Either we are undervalued, or we're getting more popular....and maybe both! The price of a San Diego home could increase by more than 8 percent this year, more than anywhere else in the nation, according to a forecast released Tuesday. Real estate analysts CoreLogic...
Yesterday, Rob Dawg got started on his prediction on next year's market: Is this the official JtR 2021 prediction thread? If so I will post again but for now... The huge demographic groundswell of house-ready millennials will drive prices much higher. The municipal...
The headline for this article is California Loses Hundreds of Thousands of Residents in 2020: But it sounded...
It looks like we are going to set new records in every category this year - and not by a little! NSDCC Annual Sales & Pricing Year # of Sales Median Sales Price Median DOM # of $2M+ Sales 2013 3,083 $949,000 41 392 2014 2,904 $1,020,000 47 434 2015 3,104...
Last year, the showings in early December ended up about where they were during the previous January. But this year we had a huge post-Thanksgiving bounce, and are now 175% above the same time last year! Next year is going to go nuts!
Friday Wrap-Up! Thursday Showings: 5 Friday Showings: 11 (+one no-show) Total Showings: 16 in first 1.5 days on market. Two offers. After the first offer, I suggested to the sellers that we raise the list price which I don't remember ever doing before - and remember...
I inputted my new listing around 10:00am this morning.....and I was showing it by 1:15. We had FIVE showings today, and have SEVEN scheduled for tomorrow. And it's December! https://www.compass.com/listing/7168-sitio-corazon-carlsbad-ca-92009/664477436107162137/ Plus...
Remember when it seemed to make sense that because home prices were escalating, people would be buying smaller homes? Boy, did Covid-19 change that - now the larger homes are driving the market, which suggests that the move-up market has come alive: (To keep a healthy...
This looks like a dramatic drop-off in showings but we are still 160% above where they were last year, and way above where they were in February. If there were just more homes for sale! We got off to a hot start in 2020, and you can see how showings in January of...
