My guys have done three of these - but I think you should move instead!
Loft-to-Bedroom Conversion
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Jim’s Take on the Market
Inventory Watch
The number of pendings surged with the largest weekly gain of the year - 48 detached-home sales between La Jolla and Carlsbad opened escrow since last Monday! This year's previous weekly high was 39. There should be another 2-3 weeks of heightened activity as buyers...
La Costa Valley 6 Update
When I listed 2949 Avenida Castana on March 31st, it was the only house for sale in La Costa Valley. Well, besides this one, which we thought would never sell while priced at $2,400,000 (the model-match comp had just closed under list at $2,175,000 on March 27th). We...
Forever Homes
The experts say that the majority of homeowners are locked into their homes by their low mortgage rate, and if/when today's high rates come down, then the inventory of homes for sale will bounce back. Boy, are they going to be disappointed. For the last 10-12 years,...
Affordable Beach Towns
From realtor.com: To find the most affordable beach towns for homebuyers in 2023, we started by using a federal listing of beaches and their locations. We aggregated Realtor.com listing data for every home put on the market in the past year located within a one-mile...
Fed Chair Powell and Real Estate
Powell's goal was to crush the real estate market..... In June 2022, Powell told reporters that spiked mortgage rates would help to "reset" the U.S. housing market, and that "we need to get back to a place where supply and demand are back together and where inflation...
Comping Out The Crazy
How did the local home prices go up 40% in two years? The low rates helped buyers lose their minds, but it was more attributable to how we price homes. When there was a sale that was 10% or more above comps, it became the new standard - and made the next seller so...
‘Reviewing Offers As Received’
It is common to see the same words or phrases in the MLS descriptions. A few years ago, the fancy new buzz word was 'boasts'; a word realtors would use to describe the home's best features. The word got overused, and eventually we would read that a home "boasts three...
MLS Confidential Remarks
Here are comments left by listing agents in the MLS confidential remarks over the last month - some are scoldings! No Showings until Open House, Then use showing time. Seller will only show WED/ SAT MUST USE SHOWING TIME!!! Must have a Pre qual To Enter Per seller...
Listing Sabotage?
What are some of the tricks being used today? Ten minutes after I left the open house on Sunday, I received a call from an officer at the Carlsbad Police. Someone reported bones in the backyard, and he was investigating whether they were human or animal bones because...
