There are already people who have decided to buy and/or sell this year, and to those folks I'll say in advance - congratulations, and I'd like to help you! I'd like to reach out those who are thinking of putting off the move for another month or year. Here are reasons...
Thinking of Selling?
Traffic Doesn’t Equal Offers 2
The low inventory of homes for sale causes an initial onslaught of buyers which gives sellers the idea that they are about to hit the lotto-and they overreact.
Traffic Doesn’t Equal Offers
The low inventory of homes for sale causes an initial onslaught of buyers which gives sellers the idea that they are about to hit the lotto-and they overreact.
Selling Early in the Season
The N.A.R. economist/cheerleader gives his reasons on why sellers should list early this year. Like Yunnie, I don't think Smoke consults with realtors, instead he just shoots from the hip. It's not a bad thing, but it leads to lightweight, obvious answers - see...
Walkability is Hot
2017 Market Conditions
Our Carmel Valley sale closed yesterday, with two notable lessons for me. Note #1 - We had seven offers, but couldn't get anyone to pay 1% over list - the list price was $729,000, and it closed for $735,000. Usually when there are multiple offers, one or two of...
Wait-And-See in 2017?
It's easy for me to say our local real estate market should get off to a fast start. It's what we do every year! Let's theorize why the pricing pops in Spring: Demand has been pent-up for 3-6 months; and buyers come out hungry. Virtually all sellers come out greedy,...
Fast Money
We've touched on the new disrupter OpenDoor, which is currently operating in Phoenix and Dallas (places where home values might be easier to determine): https://www.opendoor.com/homepage They are willing to pay cash for your house and close in three days, which sounds...
When to Sell a View Home
Unfortunately for the sellers of view homes, the local marine layer tends to impact the prime selling season. Buyers would much rather see the view with their own two eyes, rather than rely on photos! https://en.wikipedia.org/wiki/June_Gloom Save
Open House Report
A lively day at open house in Carmel Valley, the hotbed of San Diego real estate. A flood of lookers, but as of Saturday night, no written offers...yet. Open house 12-3 on Sunday!