There are several thoughts here: Open houses are powerful tools when used within a specific marketing strategy. Getting the price right is easier in the newer tract neighborhoods. Demand is fine - buyers are ready, willing, and able - and will pay a fair price. Most...
Sources told Reuters earlier this week that the Obama administration has grown increasingly frustrated with the country’s struggling housing sector and is exploring ways to keep it from weakening further.
How is that spring selling season coming along? North San Diego County Coastal detached sales and pricing, January through May (5 months): Year # of Sales Avg. $/sf 2000 1,377 $268 2001 1,117 $289 2002 1,568 $292 2003 1,411 $330 2004 1,380 $427 2005 1,244 $472 2006...
Del Mar Renter asked, I'm a little confused about your comment in the other related posting on this topic: "REOs will sell for retail". What does that mean? Isn't the whole point that we don't know what "retail" really is? Maybe I'm missing something. The reason I say...
Hat tip to Mr. T for sending this along, from CNNMoney.com: Move.com, which runs the Realtor.com website, has identified the 10 top metro areas where it thinks housing markets have started down the road to recovery. Move.com, with a database of homes for sale all over...
Excerpt from Diana's Realty Check at cnbc.com: A new report from Redfin shows new listings of existing homes dropping across the nation compared to a year ago. Seattle listings down 20 percent, Chicago down 17 percent, Boston down 7 percent and Atlanta down 21 percent...
I think sellers should do improvements before selling, but I'm not big on staging - especially bathrooms!
You may have heard me comment here that mortgage underwriting guidelines aren't really tighter now - they are the same as they always were, they're just being used now. But over the last few months one thing has gotten a lot tougher - how to handle repairs. It's...
From CNNMoney.com: Selling your house? It's not enough to show buyers your house is a deal: You have to convince them it's a total steal. That means slashing your price, bringing in a pro to pretty it up, and creating a killer website for your home. Here's how to do...
What has been the historical change in sales between March and April? These are the MLS detached sales and average $/sf for NSDCC - La Jolla to Carlsbad: Year March April 2001 254/$280 260/$289 2002 385/$294 329/$290 2003 292/$334 323/$321 2004 282/$409 362/$417 2005...
