The trend of paying over the list price is increasing. NSDCC Detached-Home Sales, % Closed Over List Price January: 38% February: 43% March: 53% Most sellers and agents are happy just to get 1% to 5% over list which will cover some or all of the commission. There were...
This Brentwood Heights culdesac home on a 27,007sf lot in Olde Carlsbad had one of the better granny flats - and was hotly contested. We were hoping to talk the seller into paying off the $259/mo. solar lease, but he probably didn't have to. It closed today for...
This one was better than the last one, but it had a funky easement granted to the neighbor that killed one sale and probably hampered this one. The list price was $950,000, and it just closed for $910,000 for 1,236sf built in 1959 on a 10,800sf lot:
If you were already thinking that this is getting ridiculous and you better grab the next cheapie even if it was a little rough around the edges before you get priced out forever....this might push you over the edge:
A reader asked about the grocery store and other retail shops expected at Robertson Ranch. I spoke to the rep, and he said they have nothing in the works. I said, "Oh, you haven't broke ground yet?" He said, "No, we don't have a commitment from a grocery store yet."...
A reader commented on the perilous water supply for Southern California and Arizona. While there could be major disruptions from droughts in the future, the City of Carlsbad has taken one step to help: The Claude “Bud” Lewis Carlsbad Desalination Plant is the largest,...
All of downtown Carlsbad isn't getting redeveloped at the same time - there are survivors, at least so far!
This is on the east side of the street so the view is through the windows in front. The staging was particularly effective here; the list price was $2,199,000 and it closed for $2,475,000 cash (+13% over list):...
A local fire this week showed how flammable a palm tree can be when not trimmed: Cal Fire, Carlsbad FD & Police doing another great job - no homes damaged, and no injuries. Two other fires were started nearby on the same day, and a homeless woman was arrested for...
A couple of local celebrities received pardons yesterday: Mr. Trump commuted the sentence of William T. Walters, a wealthy sports gambler. A jury convicted Mr. Walters in 2017 on charges related to his role in an insider-trading scheme, and he was sentenced to five...
