? Ok, I'm breathing again now that 150+ people came to my first open house on Moorhen Place. The market/buyers have seemed cautious and conservative so far in 2025, and it's incredible how they insist on looking for any reason NOT to buy. The only problem is that the...
Bill provides a ton of relevant data and it helps show how the real estate trends reflect the human condition - the same things are happening everywhere: I've been thinking that there will be 15% to 20% more inventory this year, but so far the flow has been subdued...
I called our local market 'stable' the other day. Zillow doesn't have us in America's Top 10, but their 58.3 gets us into the Seller's-market category which sounds stable enough. They have slightly increased their 12-month optimism too: NW Carlsbad - 92008 SE Carlsbad...
It's common that when the residential resale market feels slower, the participants shrug it off by saying, "It just takes longer to sell these days." It is a too-quick opinion that masks the real problem, which is: It's taking longer for sellers to admit how wrong...
It's just one example but how about this - it's also our fifth sale since election day. An old guy once told me, "The market is as hot as you want it to be!"
It looks like the NSDCC market will survive the usual end-of-the-year blues just fine. We should match last November's sales count (even with higher pricing), and combine that with the improvement in the days-on-market and it makes me think the momentum is building...
The Fed came through yesterday and lowered their rate by 1/4%. It caused mortgage rates to come all the way back to....7%. This is probably as good as it will get for the next few months. The market feels fairly balanced currently, with some tilt towards a buyer's...
We just had it happen. A potential seller who had decided to wait until next year had not one but TWO competing new listings hit the market nearby. Both listings were priced $100,000+ LOWER than what we were thinking. Ouch. When is the best time to sell your home? It...
Borrowing this from Rob's blog, this is known as Amara’s Law in technology spheres. It goes: “We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run.” When the zestimates first came out in 2006, their accuracy...
The presidential election is less than 60 days away and even if one of the candidates is a clear winner at Tuesday's debate, the fight will get nasty from here on out. The distraction is likely to cause potential home buyers to want to wait-and-see. Thankfully, the...
