It is amazing how much faith the consumers put into their zestimates and Redfin estimates. In spite of them obviously being ginned up, people just want to believe! As long as automated valuations are carrying so much weight, let's include a few more! There are three...
When calculating how much your home has increased in value, you have to identify its COST BASIS - meaning anything and everything that you spent to pay for the product. The IRS defines a capital improvement as a home improvement that adds market value to the home,...
This is the house I featured here when it went on the market on January 12th. It was a little early for the usual selling season but the market has been so hot over the last three months that we dove right in. The numbers: Model-match sale across the street in May:...
The Super Bowl is complete, and the spring selling season begins today! Judging by the quick jump in the total number of pendings, homebuyers aren't waiting around. Mortgage rates have risen faster than any time in the last dozen years, and the number of homes for...
I screwed up the national rankings the other day. Donna sent me that clip but it was the 2020 list, not from last year. Anyway, who cares about the national - real estate is local! In just 3+ years, Compass has become the dominant real estate brokerage in San Diego...
Will my sale end up being a fluke, or are these prices sustainable? It will depend on how the homes are sold. This is another pending sale that will likely close above $3,000,000 too:...
The frenzy has been making headlines for so long that potential sellers are much more optimistic now. The 2022 Frenzy could look a lot different (i.e., list prices that start too high with sellers expecting even more). Bold added: Realtor.com's survey of 2,583...
The state has a new rule that any home that is within the Very High Fire Hazard zone must be inspected for compliance when selling. Each fire district has developed their own way to handle the requests, and Carlsbad charges $149 to visit the property and issue their...
For those who are thinking of selling next year and plan to do some improvements, don't wait to begin. In fact, start today! Yesterday, I contacted three different flooring contractors, and all were booked into December. Our GC is currently booked for two months, our...
Looking at the monthly selling trends, average days on market, and a price to sale amount ratios over the last years......these are the best months to sell a home across the U.S.
