Our New Listing in Sorrento Valley

by | Jan 25, 2024 | Bubbleinfo TV, Why You Should List With Jim | 2 comments

11043 Cedarcrest Way, San Diego, 92121

3 br + den/2.5 ba, 2,000sf

YB: 2000

Lot size = 6,163sf

HOA = $53/mo (no Mello-Roos)

LP = $1,450,000

Check out our new listing in the heart of Sorrento Valley! You’ll love this central location that allows for maximum convenience when getting around town – and be on a quiet and friendly culdesac! Three bedrooms plus den, remodeled primary bath, new appliances, new carpet and paint, high ceilings – light & bright – plus a good-sized yard (with new sod) and two-car garage with third bay for storage! Wow – be close to everything here!

Open 12-3pm Saturday and Sunday, January 27 & 28

First LCV Listing of 2024

by | Jan 20, 2024 | 2024, Bubbleinfo TV, Carlsbad, La Costa, Market Conditions

La Costa Valley (1,073 single-family homes) Annual Sales:

The new rule about getting profits tax-free went into effect in 1997, and it motivated people to move! The sales history of this house is an example of how it used to be – make a little money and be on your way:

But over the last 10-12 years, people stopped moving so much. Any of the original LCV homeowners were already empty-nesting, so it wasn’t the kids that kept them from moving. Rates were coming down a bit, and refinancing made it a little more affordable – and there wasn’t anywhere else to move locally that was better than what they had already.

Some may have thought that the 2007 buyer got left holding the bag. But he’s now listed for $2,085,000!

Del Mar Flip

by | Jan 16, 2024 | Bubbleinfo TV, Del Mar, Flips

The MLS has 14 SFR sales under $2,000,000 over the last 12 months in the 92014 – or about one per month. This flip is priced at $2,399,000 now after being on the market for a couple of weeks towards the end of last year for $1,999,999. They paid $1,665,000 in August.

Encinitas Hilltop

by | Jan 14, 2024 | 1-story, Bubbleinfo TV, Encinitas

Not having much of an ocean view (when many of the neighbors have a full ocean view) was a little disappointing, so a slight discount might have been in order along with a nice easy cash deal and a $2,000,000 profit for the seller.

Del Mar Contemporary

by | Jan 11, 2024 | Bubbleinfo TV, Del Mar, Historic Homes, Interesting Houses

This home was designated as a historical property in 2019 and there is a recorded document that says any exterior or landscape modifications must be approved by the City of San Diego. The torrey pine tree in the front yard was planted shortly after construction in 1971, and is part of the historical designation.

The buyer thought enough of it that they paid over list!

Here’s the description by the city: Recuerdo historical findings

Aviara Point Estate!

by | Jan 8, 2024 | Bubbleinfo TV, Carlsbad, Why You Should List With Jim | 3 comments

Here is our first listing of 2024!

7180 Aviara Drive, Carlsbad

5 br/4.5 ba, 4,710sf

YB: 1997

0.26-acre lot

LP = $3,500,000

Are you searching for a sensational luxury home in Carlsbad’s premier gated community, Aviara Point? This exceptional contemporary estate features newer hardwood floors, high ceilings, solar with Tesla batteries, a dazzling white & stainless kitchen, four generously-sized bedrooms up, and a bedroom/full bath ensuite downstairs plus den with french doors that open onto the courtyard with fountain. The warm, comfy feeling is enriched by windows everywhere that bring in the sunshine plus ocean, lagoon, and golf views too! Some of the homes on the street are multi-level and have stairs everywhere – the only staircase here is between the 1st and 2nd floors. Last year, two Aviara Point homes closed for $4,000,000+ and another one down the hill is in escrow for $3,850,000 (off-market) – extra equity is built in! This is a tremendous value for those who aspire to the heights – check it out!

Open house Wednesday 10:30 – 1:00 (agent preview, public is welcome)and Saturday 12-3pm!

https://www.compass.com/app/listing/7180-aviara-drive-carlsbad-ca-92011/1484911523312510961

Frustration Fee

by | Jan 4, 2024 | Bubbleinfo TV, Frenzy Cruise, Over List | 4 comments

It’s amazing how resilient the local market has been, and how willing buyers are to paying over the list price.

I don’t have any evidence to suggest that the transparency has improved (most listing agents refuse to say anything about existing offers, if any) and usually there aren’t any recent sales to indicate that today’s listings are underpriced.

Yet in late-2023, buyers were still willing to pay substantially above list! Here are a few examples:

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