My predicted surge in inventory is underway - look at the navy-blue line above. There are 363 active listings between La Jolla and Carlsbad today, and once the Super Bowl is out of the way, we should really get rocking. It should easily reach 400 before the end of the...
This guy suggests that the listing agent should skip the highest-and-best round, and instead, select the offer written by the buyer-agent that they think is most likely to close the deal - after trying to bump them another $5,000 or $10,000. I like to do the...
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...
This should be a piece of cake! We had five offers to purchase this 1979 custom home, but because it is hard to look at, buyers expect a BIG discount. Here I review a simple plan to bring it into this era. The comp that just closed this week for $2,895,000 is a...
There are consumers who shop around for an agent. It's a practice that I strongly disagree with - I think you should just hire me 😆 - but some people insist. It provides an irresistible opportunity for agents to talk smack about other agents. This is what a...
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...
Our new listing in Vista/Bonsall! 29482 Vista Valley Drive 4 br/6 ba, 4,984sf YB: 1987 1.01 acre lot LP = $1,895,000 Are you looking for the ultimate golf estate? This custom masterpiece has 235ft of frontage on the signature 18th hole of the prestigious members-only...
How can we gauge how the market is doing? Each blog post here has at least one category, including 'How Hot' - which hasn't been touched since 2017, so no new revelations there. Let's take a quick look at the January listings to use as our gauge. Of the 126 NSDCC new...
We have received written offers on our new CV listing so we have done our customary thing and issued highest-and-best counter-offers to each buyer. But there isn't any typical or obvious way to update the other potential buyers and the general public on the progress...
