Written by Jim the Realtor

May 8, 2012

The last video we saw over here (in Santa Monica link) has not gone pending, so where is the market?

There are multiple reasons to blame for not selling:

1. It’s early in the season (it’s not).

2. The right buyer hasn’t come along (if they haven’t by now, they aren’t).

3. I’m not giving it away!!!

Sellers should recognize that even though it is a hot market, it is discriminating – and it’s almost always about price.  Lowering the price until you get offers is the best way to find what the market will bear!!

4 Comments

  1. Ocrenter

    Lots of wasted yard space off to the side, creating a very small back yard experience. Mirasol as a community is very much hidden away. To get to it from camino del sur, you have to go down several smallish streets.

    At almost $900 per month in fees, that’s $180k in purchase power lost. At this price level, the yard can’t be subpar like this especially deadly is the “walk right out and in to pool” set up.

    OT:
    http://www.usnews.com/education/best-high-schools/california/districts/san-marcos-unified-school-district/san-marcos-high-school-3336

    While this is very good news to San Marcos, closer look does reveal some weirdness. 100% participation rate on AP test taking? I don’t think so.

  2. Patriots fan

    Location , location , location !

  3. Jim the Realtor

    I love banks!

    Lowered price today to $952,850.

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Jim Klinge
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