sellers: Market Data for OCTOBER 2006 - Oceanside, CA (932054, 92056, 92057)
- 12/29/06 02:21 AM
Here are the summary statistics from the MLS for Oceanside for the month of October.
The statistics show a drop in inventory since September, and a small drop in Median price for attached homes from 1 year ago, but no change in MEdian from the prior month for either attached or detached homes.
Please let me know if there are any questions or I can provide more information.
… (0 comments)
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sellers: You Wanna Sell Your Home or Not? (Are You Testing the Waters?) Part 2 of 2
- 12/18/06 05:09 PM
Here's part 2 of my short series on strategies for SERIOUS SELLERS (if you missed Part 1...).
Consider a home inspection before you list - It's important to learn about problems your home might have (especially if you have owned your home for more than a few years) and take care of these issues, particularly defects that are obvious. Defects that are noticeable are troubling to buyers and often convince them there are other unseen issues, which will translate into a lower offer...or no offer.
Be flexible - You certainly don't need to allow showings 24/7 but don't restrict them to just a few hours … (4 comments)
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sellers: You Wanna Sell Your Home or Not? (Are You Testing the Waters?) Part 1 of 2
- 12/18/06 10:50 AM
If you are thinking about putting your house on the market to see what might happen (testing the waters, so to speak), this article is NOT for you.
I writing for serious sellers (e.g., those who REALLY need to sell due to family situation, divorce, relocation) who are truly committed to doing what they need to do to sell quickly and at the best price. This is especially important now that the market has shifted to become much more buyer friendly in many areas.
Here are some things you need to do:
Price your home competitively - Most people will tell you this is THE … (5 comments)
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sellers: Market Data for OCT. and NOV. 2006 - San Marcos, CA
- 12/11/06 01:47 AM
Here are the market statistics from the MLS for October and November 2006 for San Marcos. As in other North County communities the inventory dropped a bit from October to November. In San Marcos the absorption rate also dropped. There was a small drop off in median price in November for both attached and detached homes. Prices are fairly similar to those of 1 year ago.
Being aware of trends is helpful, but be careful to not draw any firm conclusions based on a given month, as data change from month to month.
If I can provide further market information or answer any … (0 comments)
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sellers: Market Data for OCT and NOV 2006 - Cardiff, CA
- 12/08/06 02:57 AM
Here are the market data for October and November from the MLS for Cardiff, CA. Of the coastal communities Caradiff has the tightest market, with the least inventory. In addition, prices here are remaining stable or increasing from month to month for the most part, although slowly.
However, keep in mind that due to the small inventory (and fewer sales proportionally), the data are more subject to fluctuation based on what happens from month to month. Again, it is best to watch the trends over longer periods of time rather than drawing firm conlusions from any given month.
… (0 comments)
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sellers: Market Data for OCT. and NOV. 2006 - Encinitas, CA
- 12/06/06 05:44 AM
Here are the last two months of summary statistics from the MLS for Encinitas, CA. The biggest change is the drop off in inventory from October to November, which is not unusual as we enter the holiday season. Prices have dropped a little but only 1% when comparing November to October.
If I can provide more information or there are any questions, please let me know. As always, one should not draw any firm conclusions from monthly data as things change from month to month, but the trends are helpful to watch.
… (1 comments)
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sellers: Market Data for NOVEMBER 2006 - Carlsbad, CA
- 12/05/06 11:13 AM
Here are the summary statistics from the MLS for the month of November for Carlsbad, CA.
Some interesting things to note - inventory dropped 9% from last month. There was no change in the median price for attached homes from the previous month, but an increase of 1% for detached homes. However, both showed a decline in median price as compared to 1 year ago. We may be starting to see a slowing in the market over the next month or so which is typical during the holiday season.
If I can provide more information, or otherwise be of assistance, please let me … (2 comments)
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sellers: I Need to Sell My house - Calling all Order Takers
- 12/02/06 11:47 AM
In recent months I have heard our profession referred to as order takers. While I found it a somewhat humorous characterization, I realized how compelling, and disturbing, a comment this really is, particularly when it comes from more than one person. While this post may be a bit tongue-in-cheek, I expect none of us think of ourselves that way. So, how is it that we are perceived in this fashion?
Upon arriving at the seller's, you introduce yourself with lots of enthusiasm (just like in those restaurants where some starry-eyed waitstaff member stops by, says "Hi, I'm ___ and I'll be your server!"). You proceed … (8 comments)
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sellers: So You Are Thinking of Selling Your Home Yourself? (Part 5 of 5)
- 11/29/06 02:02 AM
This is the last in my series for sellers who are pondering becoming unrepresented sellers. That is not to say that EVERY issue has been raised, only the ones that seemed to be most important and having the most significant impact on the FSBO. But stay tuned - I have some thoughts for a follow-up.
Price Setting - This is probably the most critical task, even for those working with a broker. There is huge competition these days, and pricing will determine if you sell, and when. Setting the listing price is not easy, even for professionals with lots of knowledge and … (7 comments)
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sellers: So You Are Thinking of Selling Your Home Yourself? (Part 3 of 5)
- 11/27/06 02:37 AM
This is the 3rd in my series of posts intended to provide sellers with a list of issues to seriously consider before making the decision to sell their homes without the assistance of a licensed real estate agent. Selling your own home is time consuming and has a number of risks and liabilities, especially in a competitive buyer's market. Do not make the decision to take this on yourself lightly; give careful thought to these issues before plunging in!
Marketing - Marketing a home is lots of work, and unless you are a marketing expert, you may be taking on more than you can realistically handle. … (5 comments)
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sellers: So You Are Thinking of Selling Your Home Yourself? (Part 2 of 5)
- 11/26/06 03:32 AM
This is the second in a series of posts concerning issues that sellers should consider if they are thinking about selling their homes without representation.
Time - Most sellers have no clue as to the amount of time it takes to market a house (ask any listing agent). And in a market that favors buyers, marketing times have increased dramatically to 3 months and often longer. How much time do you actually have each week (in addition to your job(s), dealing with your children, maintaining the house in showing condition AT ALL TIMES, grocery shopping and other errands) to spend returning phone calls, scheduling appointments … (14 comments)
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sellers: So You Are Thinking of Selling Your Home Yourself? (Part 1 of 5)
- 11/25/06 10:40 AM
This is the first in a 5-part series on some issues to consider if you are thinking about marketing your home yourself. My intent is NOT to convince you that a REALTOR is the only way to go (even though I believe it is in the consumer's best interest, especially in a buyer's market) but to make you aware of things you should ponder before you make that final decision. Selling yourself CAN work but it does, on average, for less than 20% of those who try (and significantly less in many areas), based on recent surveys.
Asa result, you will also … (5 comments)
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sellers: Market Data for OCTOBER 2006 - Carlsbad, CA
- 11/25/06 10:21 AM
Here are the data from the MLS for the month of October. There are some interesting shifts from the data reported for the month of September.
The inventory has dropped a little as has the absorption rate. Median home price is stable as compared to a year ago for detached homes, but off a bit for attached homes (this tends to shift each month). Next month will be interesting to see as a comparison, as we are heading into the holiday period when we often see a slowing of the market. While the average marketing time is about 2 months, a number of … (1 comments)
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sellers: Selling in a Buyer's Market - LONG post
- 10/31/06 02:23 AM
If you are in a situation when you really need to sell (e.g., relocation, change in family status, bought another home), and are not just listing your home to test the market and see if you can sell, here are some strategies to get you started, now that the market has shifted to become much more buyer friendly. While these are in no particular order, PRICE is probably most important.
Price your home competitively – now is NOT the time to try to get what your neighbor got for her identical house a year ago, or 6 months ago…it won’t happen. The comparables … (2 comments)
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sellers: Oceanside Homes for Sale - Oceanside Real Estate Market Report for SEPTEMBER 2006 - Oceanside, CA (92054, 92056, 92057)
- 10/26/06 09:38 AM
Here are the market statistics complied from the MLS for the month of September for the Oceanside, CA real estate market (I report these every month for the communities I service along the coast in San Diego County).
The Oceanside real estate inventory has dropped for both attached and detached homes from August. However the total number of sales in the last 6 months also declined a bit as compared to the stats at the end of August. Prices are about the same, with a small decrease in the median price for detached homes from August.
The absorption rate crept up by … (2 comments)
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sellers: Carlsbad Homes for Sale - Carlsbad Market Data for SEPTEMBER 2006
- 10/25/06 03:51 PM
Here are the data I have summarized from the MLS as of the end of September (as I do for all the coastal communities I service) for the Carlsbad real estate market (all 4 zips). Just a couple of quick notes:
The inventory has dropped off a little from the previous month The number of homes sold has increased as a percentage of total volume There is approximately a 7-month supply of homes (both attached and detached) when looking at the number of sales in the last 6 months as a function of the number of active homes at the end of … (0 comments)
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sellers: Carlsbad, CA - My New Home
- 10/25/06 12:19 PM
Carlsbad, CA – “Village by the Sea”
Carlsbad is a coastal San Diego community, located about 35 miles north of the city, offering a broad range of housing, activities and scenery for its residents and tourists.
I moved to Carlsbad in 2006 from Boston, and wanted to share why I love living here.
This town of approximately 95,000 has grown dramatically since its incorporation in 1952, when there were 7,000 residents.
Covering about 42 square miles, the town has annexed communities around its original core during its history, the most well-known being La Costa (the area … (10 comments)
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sellers: What I like about "Clients who are Kind and Nice"
- 10/23/06 03:20 PM
Unusual topic? Perhaps. But sometimes I think we (speaking collectively here), as REALTORS, focus more on the problem or difficult clients when we seek assistance and counsel from others, or possibly forget that (hopefully) a large percentage of the people we deal with are really pretty nice folks. I guess I like to be reminded of that, which prompted me to write. Plus I have just recently met a new client that I really really like - she's nice!! - and have very recently heard from several other past buyers and sellers that I really enjoyed working with and would describe as … (4 comments)
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sellers: 10 Power Questions for Buyers...
- 10/12/06 10:53 AM
I've had some terrific training through the CRS program, and while going back through some notes on the Buyer Strategies Course 202 today (the instructor was Mike Selvaggio, who was outstanding), came across these power questions for buyers (they can be used for sellers who are listing and will also be buying). It is not intended that all the questions be asked - choose 1, or few, that seem appropriate given the situation - the information they elicit might be particularly helpful in uncovering their motivation. And if you have some good questions you ask routinely, please share!
1. If you could live … (2 comments)
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sellers: Referring and Referree Agent Etiquette...long post
- 10/10/06 04:19 PM
I guess I felt compelled to write this, after several recent experiences that have been annoying, to say the least. Maybe I expect too much, but I feel that if I have a qualified referral to pass along, and I take the time to do the research and track down someone that seems appropriate (if I don't have someone I already know), then I expect certain things in return. Our business depends so much on relationships, and referrals are no different. Geez, I am giving you pretty much a guaranteed buyer or seller (with only 1 or 2 that were iffy … (30 comments)
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Here are the summary statistics from the MLS for Oceanside for the month of October. 
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