The folks at JBREC have completed their own tax-reform study: They say the high-earners who buy a...
Thinking of Selling?
Compass Concierge
Are you thinking of selling your home, and curious about the idea of out-fitting it for a multi-gen buyer? Or want help in getting the home into top condition in order to sell it for top dollar? We're here for you! The Compass Concierge program is willing to pay for...
Sweeteners
A combination of mine and Leonard's lists of sweeteners: In an increasingly competitive environment - especially on the high end - it may be wise to sweeten the package you are selling by including some value or time-savings item. Some mega-homes include expensive...
Zillow Local Predictions
Here are the histories, and forecasts, of our local Zillow Home-Value-Index for each area: They are forecasting flat or declining prices in three of our larger areas - and they are also predicting a drop-off in values as the selling season will be getting underway in...
Is This It?
More data released today on pricing trends, and though San Diego didn't make this chart, we're probably in the normal range with Los Angeles because our Case-Shiller indicies have been similar (+1.8% vs +1.1% YoY in SD). Interesting that they call San Francisco...
Net Migration Turning Negative
Hat tip to CB Mark for sending in another article on people leaving California - I added the U.S. Census stats for San Diego County at the bottom: People have long dreamed of moving to California, but increasingly the people in the state are looking to get out....
Bonsall Horse Ranch
Check out my listing of a complete 5.5-acre horse ranch with two huge riding arenas, equicisor, 2 tack rooms, fenced pasture areas and stalls for 17 with plans/materials for 12 more! Two detached cottages, each with their own kitchens, updated bathrooms, and...
Price Reductions Already
The percentages are quite a bit higher this year. The title of the graph could be 'Sellers Who Are Having No Showings' because most are (overly) optimistic this early in the selling season and hold tight on price until later. Something must be rattling them - like no...
Street-Level Impact
Let's examine what happens when a hot new listing gets taken by one of the big real estate teams in 2019. What qualifies as a hot listing? I think we can say that 70% to 80% of listings are priced at full retail or higher, so the rest are either priced attractively or...
Price Reductions – How Much?
Home sellers who have been on the market for 30 or more days and are tired of not selling may eventually consider a price reduction - but by how much? There are a number of reasons why a home isn't selling. Thankfully, you don't have to be an expert on why - because...