There is no cool-down period now. Once a purchase contract is signed, the seller has to sell. Katy Perry's real estate history hasn't exactly been smooth sailing. The singer has been wrapped up in several legal battles with elderly homeowners in California, and the...
We have plunging sales mostly due to plunging inventory! The supply and demand has plunged at the same time, and there is no way to know that if the inventory were to grow, would there be enough buyers to soak it up? Today's inventory is full of the leftovers that...
I have sold two LCV listings this year - here are my results: Both of mine sold in the first week on the market for $100,000 over their list prices. The addresses highlighted in blue here are the group I named the La Costa Valley 6 - the comps that would have given...
As we roll into the Lowball Season, we're reminded of what happened in Carmel Valley at the end of 2022. Everyone's home equity was built up fast and easy over the last 3.5 years, and the more desperate sellers might give it back in big chunks if they had to....and...
Our listing on Aviara Drive closed escrow yesterday, setting a new record for highest price ever in Aviara (an area of 2,025 homes in SW Carlsbad). It was one of those sales that needed everything to go right, because we were thrown a real knuckleball right in the...
I've pitched Robert Reffkin a couple of times about auctions. Even though he is the Compass CEO and running an operation of 30,000 agents and employees, he replies to every email! He said they are working on the things that agents ask about the most. Apparently, he's...
1610 Hermosita Dr., San Marcos 3 br/2 ba, 1,906sf YB: 1991 4,597sf lot LP = $1,100,000 Check out our new listing of a roomy 1,906sf one-story home right on the Lake San Marcos Executive Golf Course - now called the Exec at Lakehouse! Hardwood floors, vaulted ceilings...
Having a good feel for what buyers will tolerate makes a difference. When everything else is spectacular, they aren't going to get hung up on a couple of minor things - and it's my job to present them as minor....
Every listing agent has a chance to pitch their new or reduced listing on the hotsheet - the page we agents live for because it updates every time we look at it. We only want to see the fresh meat. Once you make a change to your listing, you can say anything you want...
We are back to peak pricing! But it sure doesn't seem like a good time to sell your house, and as a result, most potential sellers will pack it in and wait until The Home-Selling Season of 2024. Is there anything wrong with waiting until next year? Mortgage rates...
