SmartMoney has come out with a new set of rules for First Time Home Buyers: 1) More Money Down 2) Stay For a Decade 3) Prepare For Competition Without a house to sell, first-time buyers have had a field day in the depressed housing market. Until recently, anyway. A series of new rules, regulations, and policies have changed the [...]
Continue reading...Monday, January 25, 2010
Here is an example of biased stat making not painting the whole picture. ———– WASHINGTON (MarketWatch) – Sales of U.S. existing homes plunged 16.7% in December to a seasonally adjusted annual rate of 5.45 million from 6.54 million in November as a popular tax credit was set to expire, a national real estate trade group estimated Monday. [...]
Continue reading...Saturday, December 26, 2009
Looking for a gated, newer, walk to the beach location in Carlsbad, California… think Water’s End? Built by John Laing Homes (known for quality product) in 2003. this is a neighborhood to keep on your 2010 radar. Market update: 2009 – average sales price for last 6 months Dec – July = $710,000 at $302 per sq. ft. 2005 – [...]
Continue reading...Wednesday, December 16, 2009
The once dominant pricing strategy of San Diego was used less in 2009. Only 12% of over 32,000 homes sold in the county used a Value Range. Value range pricing is when a home is sold with a high and a low price. For example: “Seller will entertain offers between $500,000 and $525,000”. The idea is [...]
Continue reading...Wednesday, December 9, 2009
Fewer homes on the market, increasing prices and multiple offers: An excerpt from Tyson’s article in the Carlsbad Business Journal sheds light into an absolutely abnormal winter real estate market in 2009.
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Thursday, March 10, 2011
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