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Zillow keeps feasting on lazy realtors!
Any agent could walk around their next listing with their phone’s camera running and comment on what people are seeing and why they should buy the house! The extra audio will be far more effective than any whiz-bang product that comes to market at any price.
Why don’t agents do that?
January Detached-Home Sales & Pricing, La Jolla to Carlsbad
It was in June, 2022 that Fed Chair Jerome Powell told reporters that spiked mortgage rates would “reset” the “overheated” pandemic housing market.
Last month had the highest pricing metrics AND the highest January mortgage rate in recent history!
Tim Wrisley took over for his mom as the purveyor of Carlsbad, and he has carried the burden quite nicely with his Carlsbad Magazine. No matter who you know, he probably knows them AND somebody else from the old days at Carlsbad High School.
In fact, it would have been natural for him to declare that the heart of Carlsbad is the high school – because back in the old days, it was the center for most people. But I like the nod he gives to South Carlsbad, the late-comer to the party by 10-20 years, and the conclusion here. One of Tim’s people wrote this:
https://www.clickoncarlsbad.com/
It’s inevitable that artificial intelligence will be utilized in the business of selling homes. Having AI assist with writing home descriptions or other advertising would seem to be a natural fit.
How about speaking with clients on the phone though? Listen to the brief conversation above.
Here are some of the results:
The number of January listings has blown by everyone’s expectations, and is now up to 229, which is 12% higher than in January, 2023 – and the count isn’t done yet.
All we know for sure is that more sellers wanted to get an early start on moving this year.
If that tendency holds up over the next few months and the YoY inventory grows by 10% or more each month, the market could get more frenzied, because the buyers are responding too. The number of pendings is 14% higher than they were last year at this time!
My theory is that 10% more inventory is easily absorbed and really won’t be that noticeable. It’s when the inventory is growing at 20% or more that buyers may wonder what’s going on – and be tempted to pause, and/or get more picky, if that is possible.
Congratulations to Joe – the winner of the four Padres tickets!
Contest to Guess the Total Number of NSDCC January Listings
142 Anne M
157 Skip
160 doughboy
170 Dale
174 SurfRider
176 LifeIsRadInCbad
180 Kingside
188 Stephanie R.
189 Chris
190 Tom
192 Sara G.
196 Derek
200 Curtis
208 Rob Dawg
210 Bode
213 Shadash
217 Nick
222 Majeed
223 Joe
The way it’s going, the 2024 Selling Season should be as hot, or hotter than it was last year!
I like the first three! Link to HGTV:
https://www.hgtv.com/lifestyle/real-estate/top-home-updates-that-pay-off-pictures
The 2.0 version of the bubbleinfo t-shirt is on the street!
The homeowners paid $4,700,000 in March, 2023 (less than a year ago) and put in a pool and now they are asking $6,495,000.
11043 Cedarcrest Way, San Diego, 92121
3 br + den/2.5 ba, 2,000sf
YB: 2000
Lot size = 6,163sf
HOA = $53/mo (no Mello-Roos)
LP = $1,450,000
SP = $1,610,000 – we represented the sellers and had NINE offers that bid it up!
Check out our new listing in the heart of Sorrento Valley! You’ll love this central location that allows for maximum convenience when getting around town – and be on a quiet and friendly culdesac! Three bedrooms plus den, remodeled primary bath, new appliances, new carpet and paint, high ceilings – light & bright – plus a good-sized yard (with new sod) and two-car garage with third bay for storage! Wow – be close to everything here!
Do you ever think about packing your bags and moving to another country to start a new life abroad? If so, you’re not alone. An October 2023 survey by language tutoring company Preply found that more than 37% of its respondents aged 18 to 26 want to live abroad indefinitely. As for why, 1 in 4 said they wanted access to better programs, like universal health care. Others cited new cultural experiences, the high cost of living in the U.S., and our current political climate.
If you’re serious about moving out of the country but unsure where to go, a recent report from InterNations ranking the places where expats are thriving might point you in the right direction.
Mexico is also the friendliest nation on the list, with 89% of expats saying that locals are kind to foreigners. That’s 24 percentage points above the global average of 65%, per the report. Although finding a place to live can be challenging, housing is affordable and 71% of expats are happy with the cost of living. They’re also satisfied with the career opportunities and the work-life balance.
The InterNations survey found that 90% of expats in the country are enjoying their life in Mexico. Portugal is the only other European country to make the top 10, while the others are in Asia and the Americas:
For its survey, InterNations – which represents the world’s largest expat community – polled more than 12,000 people of varying nationalities living in 172 countries or territories.
Participants rated different aspects of expat life, from healthcare and safety to work culture, housing and more. Click below to see the full report.
https://cms.in-cdn.net/cdn/file/cms-media/public/2023-07/Expat-Insider-2023-Survey-Report.pdf
