I had a listing last summer at the end of Steinbeck in Carlsbad, a 3,495 square footer with a great view of the ocean/smokestack (like you'll see at the end of this video). The seller, who had already moved and wasn't coming back, really struggled with the idea of...
Thinking of Selling?
RE Revolution? Not So Fast
Is there a real estate revolution available, beyond just a fancy new MLS website? Zip Realty has blazed the trail. They offer: Their own search website Rebates Phone Apps Salaries to agents Catchy name, and national exposure Their website is of particular interest. ...
The Big Convergence – Open MLS?
We've had some recent banter on previous posts about creating a public/open MLS website. The idea has come up before - CA renter summed it up yesterday: Jim and I have discussed this open MLS concept in the past, but it was difficult to come up with something that...
Perils of Fraud and Complacency
The lack of transparency aggravates the search for true value. It's hard enough trying to measure apples-for-apples, with every house having its own location and upgrades to consider. Be suspicious when you see similar tract houses selling for more than 10%...
Strategic Defaults Go Mainstream
The company 'You Walk Away' is in the same Carlsbad office building as Klinge Realty. They used to have the prime first-floor office that was probably a few thousand square feet, but they have since vacated for a much smaller space. .
Carlsbad Price Check
I think you can still rely on the same markers we've used over the last year: You did pretty good these days if you bought a quality house in Carlsbad for around $250/sf, and in Carmel Valley for $300/sf. Today's averages for April, 2010 detached closings are $285/sf...
The Pressure is on Sellers
Surfer Steve wondered what we can expect in the post-housing-tax-credit environment. To qualify for the federal tax credit, transactions have to be secured by Friday, and to get the state cheese, buyers need to close their sale and apply before the money is gone -...
Benefit of Cheese
How much impact has the tax credit had on the market? Here is the summary of detached sales and avg. $$ per square foot in the same zip codes combined from yesterday, for the January 1st through April 15th period: Year $800,000- $800,001+ 2009 538/$285 psf 282/$451...
UT’s Market Rebound
From the U-T: University of San Diego economist Alan Gin said he is optimistic about the housing market because the economy looks more promising. “The economy is starting to rebound,” Gin said, “so the question is, can the economy rebound fast enough to save people...
Distressed Inventory Count
If you're trying to gauge your chances of finding a seller who is distressed, here are the number of detached properties that have listed on the MLS as short sales (SS), bank-owneds (REO) or regular sellers (Reg.), plus the number of SFR trustee sales completed...