There has been a lot of discussion recently about the outrageous cost of fire insurance, and how the FHSZ has been expanded to include major portions of regular suburban towns like Carlsbad. The buyer of our Circulo Sequoia listing will be forced to pay a premium for...
Borrowing this from Rob's blog, this is known as Amara’s Law in technology spheres. It goes: “We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run.” When the zestimates first came out in 2006, their accuracy...
Since May, Zillow has been predicting virtually no annual appreciation locally. Living in Flat City mostly affects those who have purchased recently - it's tougher to move and/or refinance if the down payment was 20% or less. If you just want to lower your existing...
Living in Flat City can be a disaster for those recent purchasers who buy the wrong house, or get divorced. If you have to resell your home in a year or two after buying it, the down payment will get eaten up and you may not be able to buy another house....unless you...
San Diego's YoY gain of 9.4% is third highest behind San Jose and Hartford, and our +55.4% since March, 2020 is #1 among the higher-end markets!
Are you going to hire a less-experienced agent who isn’t as good on pricing, just to save a point because you trust your zestimate? Yikes!
Zillow sent me two more areas: Encinitas, 92024 Rancho Santa Fe, 92067 We are rolling into Flatline City, and we'll be here the rest of the year. At least. Expect that the 1Q25 market will be the best of that year too, just like in 2024.
Here is the first report in the next cycle of local Zillow forecasts. At the beginning of the year, they predicted that all of the local areas would appreciate 3% to 4%, and by March they raised their optimism into the 5% range. All of those gains must have already...
Zillow has every reason to be the nation's real estate cheerleader since they derive the bulk of their income from realtors. They had been predicting 3% to 6% appreciation locally this year....at least up until two weeks ago. Something has changed: Carlsbad NW - 92008...
Test drive an agent free for seven days! Now that NAR’s proposed settlement of the Sitzer/Burnett lawsuit has received preliminary approval, the industry is receiving numerous updates about the future of real estate practices. One change, set to take place in July, is...
