They paid $410,000 and are listing for $425,000? Are they expecting a bidding war? By the way, OpenDoor has 300 listings in Phoenix already! Hat tip to daytrip for sending this in - an excerpt: Noel Levine, a freelance IT consultant and self-described geek, said he...
Thinking of Buying?
Leucadia Rebuilt w/ Big Ocean View
Richard's new listing hits the open market on Thursday, and it is stunning. Re-designed and rebuilt from the ground up over the last eleven months (with permits), virtually everything is brand new. A ten-year warranty too! Four bedrooms, three-and-a-half...
California Migration
Lower-income folks are leaving, and affluent people are coming - H/T Richard: Over a million more people moved out of California from 2006 to 2016 than moved in, according to a new report, due mainly to the high cost of housing that hits lower-income people the...
What Do Higher Mortgage Rates Mean?
Sellers will be reluctant to lower their prices just because rates went up, so what do higher rates mean for home buyers? Let's take a minute and a half and logically review the actual differences in payments when rates go higher:
My New CV Listing
Here's my new listing at 4229 Calle Isabelino in Carmel Valley, an upgraded 2,230sf home with no neighbors behind, and priced at $1,099,000! Open Friday, 4-6pm, and Sat/Sun 12-3pm.
Home Buyer Competition
What today's home buyers are up against......from realtor.com: Driven by frustrated buyers who rolled over from last year and record-breaking lows in housing inventory, the 2018 spring buying season is expected to be one of the most competitive in years—but buyers are...
Like New in Olde Carlsbad
Thanks Ryan for the tour of this practically-new 3,146sf house in N. Carlsbad:
New Homes in North County
Reader metta8888 left this comment on the youtube channel that summarizes the 7,611 new homes being built in North County - they are just further out. As we become more accustomed to driverless cars, these new homes might give coastal buyers some alternatives. Here...
Downstairs-Bedroom Guide
It is a common want/need these days for buyers to desire a downstairs bedroom, either for guests, or the multi-gen groups. It is a need that is likely to grow, just because it will take more of grandma's money to afford a house! But it's not always clear if a house...
Carlsbad Charmer on Culdesac
Glad to see the zestimate be so supportive! When this price point is about the entry level now for a decent house in Carlsbad, it is a pleasure to represent sellers who have such great pride of ownership. Come by open house this weekend, 12-3 both days. [button...