Mortgage rates will be surging after the jobs report today, and you might wonder about the impact. The Fed doesn't meet again until the last week of July, and, by then, it will be certain that they will bump another quarter or half-percent. It probably means that we...
Why You Should List With Jim
Our New Listing In NE Carlsbad
3710 Bergen Peak Place, Carlsbad 92010 5 br/4.5 ba, 3,150sf YB: 2013 Lot size = 5,226sf HOA + MR = $268 per month LP = $1,950,000 Gorgeous, move-in ready home located at the end of theĀ culdesacĀ and close (but not too close) to the pickleball courts and Olympic-sized...
It’s The Little Things Too
Strategy? Slow-motion auction? Transparent bidding? Come on, aren't you just getting lucky? Yeah, maybe but it's not just the newer tract houses (creampuffs) that anybody can sell. Yesterday we closed escrow on our freeway-adjacent all-original bungalow from 1958. No...
Encinitas Success Story
Everyone's journey is different. Some people hire us on the first day we meet, and others take longer. We first met the sellers of Meadow Wood in September, 2021, at which time I quoted their home's value at $1,800,000. The market kept cooking, and by April, 2022 my...
#320 in America
We did pretty good last year, and ranked as the #320 small team in America - thank you clients and friends! But the City of Carlsbad wasn't impressed. I still have to grovel to get my open-house signs back:
La Costa Valley 6 Update
When I listed 2949 Avenida Castana on March 31st, it was the only house for sale in La Costa Valley. Well, besides this one, which we thought would never sell while priced at $2,400,000 (the model-match comp had just closed under list at $2,175,000 on March 27th). We...
Flipper Discounts
Home flipping is all the rage, and it complicates the demand for old houses and fixers because there are more flippers than buyers pursuing them. Agents get calls, texts, and emails every day from flippers begging to buy their listings. They offer to have the listing...
More Buyer Love Letters Please!
Another phrase you regularly see in the MLS descriptions is, "NO BUYER LOVE LETTERS". What is the underlying meaning? Listing agents are perfectly capable of discriminating on their own, and they don't need your help. As long as the buyers' names are on the contract,...
‘Reviewing Offers As Received’
It is common to see the same words or phrases in the MLS descriptions. A few years ago, the fancy new buzz word was 'boasts'; a word realtors would use to describe the home's best features. The word got overused, and eventually we would read that a home "boasts three...
Big Equity Gets Smashed
In the confidential remarks, it said that the price was discounted due to 'chimney replacement'.......but a whole $204,000 off? It must have been gold-plated! As the home-selling season closes out, don't be surprised if you see more discounts like this: