Some snippets from our home tour in Rancho Santa Fe today:
RSF Leftovers
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Rancho Santa Fe
Sharper Pricing?
How is the fourth quarter rolling out? Are sellers feeling pressured to lower their price? Are buyers stepping up? Here are the pricing trends in our local areas: SE Carlsbad - List and sales pricing converging should cause an active 4th quarter - unless buyers...
Ode to the 70’s
This might have gotten snapped up back in the heyday when spec builders were more active because of the lot size. But today four acres just looks like a lot of work, and a retro remodel would cost a bundle:
Short Sale Like Any Other
Short sales should be sold just like the rest. Put an attractive price on it, conduct open-house so every buyer has a chance to not only see the property but the other potential bidders too, and then take all offers:
Remodeled Rustic Ranch in RSF
We tried everything possible to sell this for enough to cover the notes, but other agents giving away properties around us prevented us from doing any better. There have been two BPOs completed that were in this range, and the bank couldn't wait any longer - so this...
Rats
Another view from flipperville, plus a prognostication at the end about the baby-boomer generation:
RSF Village REO
This is a sleeper. It's low maintenance for a Covenant property, it is right in the village, and it doesn't need anything but a dishwasher and BBQ. The street name scares people off, but the noise level is less than expected:
Horse Community
Why the higher-end market is a little sluggish compared to the rest? It's because $2,000,000 still doesn't buy you much in the tonier parts of town:
RSF “Bank Deal” Contest
This is so cheap for Rancho that you know they will get a load of offers. Want to take a guess at the final sales price? Second-row field level Padres' tickets for the closest guess! http://www.redfin.com/CA/Rancho-Santa-Fe/5340-Linea-Del-Cielo-92067/home/4189821
Target RSF
Doesn't there have to be a bargain or two in Rancho Santa Fe? Currently there are only 9 NODs and 10 NOTs on file. But it only takes one!
