Del Mar Heights is an eclectic mix of older customs and tract houses, combined with some sensational remodels. A super-custom 4,400sf house about 100 yards from my new listing sold for $2,650,000....in 2009! (house is now listed for rent at $8,500 per month). Unique...
Here's my new listing at the north end of Del Mar Heights, listed for $1,650,000. Kayla and I will be there both days this weekend, 12-3pm, for the open house extravaganza! If you are thinking of moving and wonder how we can help, this is a good chance to see how we...
Reader 3rd Gen SD asked yesterday, "You regularly mention pricing to engineer a bidding war. Do you have a post you could link to that describes your strategy, including how you manage same?" There are no rules or regulations on how to handle a bidding war - each...
Everyone believes that the best time to sell your house is springtime. But we threw out all the standard beliefs once the government stepped in and screwed up all the natural market forces. Looked how it turned out this year. If it weren't for a blip that caused...
If these home-auction companies spent $100 million per year on advertising, they could go mainstream - and pressure realtors to justify their existence. Thankfully, sellers resist anything that sounds like they might give it away:...
Sellers and inexperienced agents are prone to panic when a purchase offer is received during the first 1-2 days the home is on the market. They usually think something is wrong - like the price is too low. But this is how the game works - the motivated buyers are...
The C.A.R does make some minor changes every year to our purchase contract, but according to Gov Hutchinson, the lead attorney for C.A.R., they haven't made any wholesale changes in 12 years. Gov was in town yesterday to review the latest version. Here are my notes:...
From PropertyRadar (ForeclosureRadar): “Earlier this year we accurately predicted that 2014 would be a year of lower sales volume and flat prices because home prices rose too far too fast,” said Madeline Schnapp, Director of Economic Research for PropertyRadar....
There has to be some threat of running out of buyers at these lofty prices.... http://www.washingtonpost.com/news/get-there/wp/2014/11/17/the-major-cities-where-homeownership-is-the-most-and-least-affordable/
We're in agreement that the local market has seen all its biggest price gains. You've patiently waited until there were a couple of good comps nearby, and you've agreed to list for an attractive price - within 5% of the last sale. You've spruced up the home, and are...
