The Super Bowl is complete, and the spring selling season begins today! Judging by the quick jump in the total number of pendings, homebuyers aren't waiting around. Mortgage rates have risen faster than any time in the last dozen years, and the number of homes for...
I screwed up the national rankings the other day. Donna sent me that clip but it was the 2020 list, not from last year. Anyway, who cares about the national - real estate is local! In just 3+ years, Compass has become the dominant real estate brokerage in San Diego...
This is a nice buy for a practically-new home this close to the beach:
This company surveys new-home and resale agents every month, and this report confirms more of what we've been experiencing: A few more listings (but NSDCC listings are dropping off now). More listings not selling/buyers getting pickier. Buyer traffic is steady, and...
My favorite pet peeve of the media insisting that 'home prices' and market conditions are interchangeable with the direction of the median-sales-price made the front page of the newspaper today....
They will get some flak in the tony areas but it's a great way to make 12% commissions on expensive luxury properties ($2,000,000+ minimum) plus management fees. An excerpt: Pacaso announced today that annualized revenue run rate has hit $330 million. In the second...
Are you thinking of going somewhere that doesn't have bidding wars? You need to go a ways! Just in case you haven’t heard, snagging a well-priced home in today’s real estate market can feel a bit like winning Powerball. It’s all about beating sky-high odds. Scant...
The new NAR report on the characteristics of homebuyers was released today. Let's note how many homes were bought to accommodate kids moving back home - or who never left. Past generations never had to worry about kids moving out when everybody could afford a home....
We've had 208 closed SFR sales between La Jolla and Carlsbad this year. How crazy is it? Eighty homes sold over the list price, which is 38% of the total number of sales. Of those, most were just $10,000 to $50,000 over list, but there were some big bombers: Most %...
Ten Tips for Homebuyers
