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SOMETIMES A REALTOR HAS TO SAY “NO”

On November 16, 2010 · 2 Comments · In My Point of View

Buying or selling a home is one of the big decisions in a person’s life so I love when I can help my client accomplish this goal. Sometimes however,I have to tell them “NO” because I realize I cannot help them.  This is hard for me, because in our household, “No” is not a very [...]

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What’s the latest trend in La Jolla Real Estate?

On November 14, 2010 · 1 Comment · In Market Trends

Upon reviewing the recent Market Action Index we find that it shows last week’s median list price in La Jolla, CA 92037 was $1,995,000, and that 277 properties have been on the market for an average of 176 days. It also shows that 41% of the properties on the market have had price reductions. So what [...]

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County of San Diego Foreclosures Comparison 3rd Quarter Report 2010

On October 12, 2010 · Leave a Comment · In Market Trends, Real Estate News

 We all have heard that foreclosures are on the rise, and that there is a “shadow” inventory of homes that the banks own, but have not yet put on the real estate market. This is probably true, but as of last week two major banks: J.P. Morgan Chase and Ally Financial (the former GMAC [...]

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It’s still a great time for you to be a Buyer in La Jolla!

On September 16, 2010 · Leave a Comment · In Market Trends

Last week the median list price in La Jolla, CA 92037 was $2,172,500.

There are currently 310 properties that have been on the market for an average of 175 days, up from a couple of weeks ago. The Market Action Index also shows that 41% of La Jolla properties had a price reduction. 

So, what [...]

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What’s the Trend in La Jolla’s Real Estate Market?

On August 18, 2010 · 1 Comment · In Market Trends

Here is a quick review of La Jolla’s Real Estate Market Trend for the week of Aug 9, 2010

 The median list price in La Jolla last week was $2,350,000. The 311 properties have been on the market for an average of 161 days.

From this chart you can see that the inventory and [...]

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First half of 2010 San Diego County’s Notice of Defaults are down 41%!

On July 21, 2010 · 1 Comment · In Market Trends, Real Estate News

If you compare the first half of 2010 to same period last year, this San Diego County chart shows that Notice of Defaults are down 41%!  This means banks are getting better at processing short sales,  and  reflects the banks willingness to try to work things out with the homeowner, through either loan modification or [...]

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