The first quarter of 2024 is the only 1Q in recent history to have increases in BOTH the number of listings AND the median list price. Previously, increases in pricing had a corresponding dip in the number of listings available for buyers to consider. If you are like...
While the media has been stirring up their hysteria over the commission decoupling.....this from CNN: It's the second part of the settlement that will likely frustrate buyers even further: Let's call it, The Return of the PEAD! When Covid broke out, it was decided...
This was going to be the big test. The controversial local brokerage in Los Altos was offering a measly $10,000 commission to the buyer-agents on their listings, most of which were $4,000,000 and up. They listed a similar house on a quiet street about a mile away for...
In January, 30% of the NSDCC sales offered less than a 2.5% commission to the buyer-agents, and in February it was 25%. Since the NAR settlement was announced on March 15th, 40% of the listings are offering less than a 2.5% commission to the buyer-agents. There isn't...
Instead of a glut forming, the number of houses for sale between La Jolla and Carlsbad has been decreasing lately. April will be fantastic for sellers! So will May and June, and probably July! 😆 I can help you with that!...
How thin is the margin between winning and losing? I heard this story yesterday about a house for sale in Carmel Valley. It had 14 offers. The sellers selected what they thought was the best offer, and headed off to escrow. But the buyer and their agent had made...
5450 Los Robles Drive, Carlsbad 3 br/2 ba, 2,700sf YB: 1976 7,200sf lot No HOA or Mello-Roos fees LP = $2,900,000 Open 12-3pm Saturday and Sunday, March 16&17. Check out this ultimate retro-mod beach house at the quiet end of Los Robles Drive and at the highest...
It's been obvious that the entire real-estate-selling business has been deteriorating towards single agency. I see it every day on the street, and I've posted evidence of the shift regularly. The trend is moving quickly now on multiple fronts. The DOJ is going to...
Last month their annual appreciation guesses were in the 3% to 4% range, now they are up to 4.9% to 6.3% for the next 12 months! We'll probably exceed those in the first quarter of 2024! Carlsbad NW - 92008 Carlsbad SE - 92009 Carlsbad NE - 92010 Carlsbad SW - 92011...
I thought it would never happen. I sold a listing off-market. There wasn't much hope that we could sell 1704 Azul Vista for $2,000,000+. There had been only one sale over $2 million ever, and it was an off-market sale in May, 2022 - the absolute peak of the frenzy....
