Statistics are a funny thing and the quirks that happen regularly are interesting. In our categories of active listings (below), THREE of the four has the exact same number of actives this week as they had last week! I wouldn't consider the market as stagnant. It's...
Generally speaking, each of the 2025 quartiles is lower today than they were last year, and the median list price is down to $4,000,000 - which is 11% lower than it was at the start of the year. It's because the lower end has been cooking, and the higher-end not so...
When $2,000,000 is the entry level for a decent home in Carlsbad, home buyers should really consider what that money will get them just 20-25 minutes away. The sellers agreed to a proper price reduction yesterday (-11%), and I feel like selling it today!...
Since October, I've been blabbing on and on how there were several reasons why the pent-up supply was finally going to bust loose in 2025. If you want to sell your house this year, you better get on it. It's more than just an isolated or local thing. Look at the stats...
The Compass CEO, Robert Reffkin, is a vocal opponent of the Clear Cooperation Policy. Those in the business call him names and say his only motivation for opposing the CCP is to promote in-house sales. The point that gets trampled over is that consumers and agents...
Our new listing hasn't been on the open market for 24 hours yet and there have already been almost a thousand views with more than 11% of them marked as saved. My Youtube video has had 167 views in the first 48 hours too - wow! It went live on the MLS at 10am...
I've suggested that there are two different markets. One-story homes, and everything else. It's because older buyers don't want stairs. Simple enough. Baby boomers control the destiny of the real estate market, and specifically, the supply of homes for sale. They (we)...
We started signing new listings in October in anticipation of the market getting off to a fast start early, just like last year. So far, so good: NSDCC January Action The previous years are sold listings that went pending in January. In 2025, most of the 126 are...
It never occurs to the experts that higher prices have something to do with the locked-in effect, and that home sellers have to move to where it's much cheaper to make it worth moving. For those who pay cash for their next home, having a 3% mortgage didn't keep them...
I thought that this would be the week that the surge of new listings would start to appear, but not yet. There have only been 167 new listings this month between La Jolla and Carlsbad, which is about the same pace as last January. The monthly closed sales are about...
