We have six great properties to feature this week. Last week, we highlighted our new listing at 1385 Park Row in La Jolla. We had strong attendance at the open houses and broker caravan, received several highly competitive offers, and went into escrow in less than a week. It’s a good reminder that certain submarkets still have significantly more demand than inventory. Move-in-ready single-family homes in the Village are one of them. FOR LEASE | 6255 Dowling Dr., Beach-Barber Tract We also...
9 days ago • 6 min read
MARKET UPDATEWe are on a roll right now and loving it. We really enjoy helping clients navigate this market and have been working equally with both buyers and sellers. Interest rates ticked up this week. Since markets had already priced in an interest rate raise from the Fed, today’s announcement was handled in stride by the markets. In addition to our own listings, we are featuring five new listings hitting the market this week. We have three great view homes under $3 million. Our top pick...
16 days ago • 6 min read
This week with Ryan & Tracie If summer is technically over after Labor Day, this weather has definitely overstayed its welcome. If you’re in Florida and used to this kind of weather, it might be time to move to San Diego, where this is the anomaly and not the norm. For the weekend, we escaped to Lake Pend Oreille in Idaho to celebrate a friend’s 30th anniversary. It was an active few days of boating, rain, dancing and karaoke. Back home, things have been busy on all fronts. You can see some...
22 days ago • 5 min read
WHAT WE ARE SEEING IN THE MARKET We have seen new listings slow down a noticeable amount this week. Time will tell if this slowdown is limited to this week or if we see more inventory come online. Buyers are not taking time off. We already have constrained inventory, so when new listings slow down and buyers keep buying, it doesn't take long for things to get competitive. We have been very busy with buyers and sellers over the last few weeks. All of the properties we have been pursuing have...
about 1 month ago • 6 min read
WHAT'S WRONG WITH THE HOUSE? It has been a busy week with active escrows. I notice that many people and even some agents think "selling" a house is just about marketing, pricing and negotiating an offer. While all of that is very important, it is just the beginning. There is so much work, skill and finesse that goes into successfully closing a sale. On average, about 20–25% of transactions fall through. While some fallout is expected, we do many things to mitigate and avoid a failed escrow....
about 1 month ago • 5 min read
It has been a busy week in real estate, and summer is coming to an end. By next week, most schools will be back in session for the new school year. We love the flexibility and looser schedules of summer when it begins, but we are equally ready to get back to our schedule and routine when it ends! I'm sure most parents know exactly what we mean. We have been writing and negotiating several offers this week, managing our active escrows and listings, and working on a couple of great new listings...
about 2 months ago • 6 min read
It has been an adventurous week on our end. Ryan and two friends have been training and planning to climb Mount Rainier for several months. They started Friday morning and reached the summit (14,410 feet) around 6:30 a.m. on Saturday. The entire climb took about 30 hours round trip, covering nearly 20 miles and more than 9,000 feet of elevation. Needless to say, it was an incredible experience that puts a lot of things into perspective. You can see some of the photos and videos and follow...
about 2 months ago • 5 min read
RATES, RACES & REALITY Summer is racing by, and of course we want to be a part of it! We are happy to be a sponsor of the Del Mar Race Track. The races are such a great San Diego tradition and a fun afternoon. The Turf Club is a great way to experience the races. We are fortunate to participate and share this experience with clients. If you have never been or are a regular, let us know and we can make it a day! WHAT WE ARE SEEING IN THE SAN DIEGO MARKET For several years, as interest rates...
2 months ago • 5 min read
This week we share a snippet of a real estate situation and how we can help clients achieve their goals. We also featured 9 amazing new listings to hit the market, ranging from a well priced oceanfront home to some solid middle market options and a rare very large oceanfront condo in the village. Check them out below. MARKET DYNAMICS Having sold real estate for decades has provided us an interesting perspective into the psychology of buyers, sellers and what drives a market. Everyone...
3 months ago • 7 min read