My buyers and I have been pursuing a reasonably-priced CV home south of the 56 for at least the last 12 months, and the competition has been fierce. Most have multiple offers, and sell for over list price!
Thinking of Buying?
Seller & Buyer Testimonial
A key point here is that the local neighborhood experts gave them no chance of selling for the price they wanted, even after making improvements. It sold for full price, on the first day: Many thanks to our clients for doing this!
The Big Stagnation
On the Facebook bubbleinfo, in response to the idea that the bubble won't be bursting, Matt asked 'what constitutes the big stagnation when it happens'. My response: The Big Stagnation? You'll know it when you see it. We used to consider 6 months' of inventory...
No Chance of Bubble Bursting
I was asked yesterday about the chances of the bubble bursting. My answer was, "No chance". But these things run in cycles, and eventually won't the market will cool off? Yes.....some day.....and when it happens, our market will stagnate, rather than see prices...
One-Story vs. Two-Story
The other day, an appraiser mentioned to me that he had just completed a study comparing the prices of one-story houses vs. two-story. He had done a similar study ten years ago, and found that the premium being paid for a one-story then was about 5%. Today, he found...
Our Clients’ Experience 2
I appreciate our clients who are willing to go on camera to express their thoughts about their experience - thank you Eddie89! A key point for buyers in a bidding war is to know when to increase your bid, and by how much. I help you determine which houses are worthy...
Our Clients’ Experience
Many thanks to our clients here who were willing to describe the performance of our team on camera, and how they felt about it!
Housing Jitters
The economists like the housing market, but they are known to play it safe. How about the consumers? I'd prefer to survey the active home buyers and sellers in our area to get the best reading on our future. But here are the sentiments of 1,079 American adults over...
What Homebuyers Want
From the Bank of America Homebuyer Insights Report: The majority of homebuyers want a house that's ready for move-in, or close! Sellers - do everything you can to improve your home before selling! Buyers - consider the fixers to expand the number of choices!
San Diego Earthquake Map
The heavily-populated areas of California are prone to earthquakes - virtually all of Los Angeles metro and the Bay Area are in high-risk zones: But San Diego County's coastal region is relatively safe from earthquakes: Another reason to move to San Diego!