Best Videos of 2023

by | Dec 31, 2023 | 2023, About Natalie, Bubbleinfo TV | 1 comment

I produced 166 YouTube videos on my main channel this year, and these were the best, as decided by me. All had to have 200+ views to qualify:

This is just another grandma house blowing out at $125,000 over list, which isn’t remarkable. But this is the only video ever in which I slipped and fell down:

Some of my best thoughts about the market, long-term:

The Frenzy Cruise was hot all year and a good indicator that buyers will keep paying over list price for a home they really want. It’s just a matter of how much over:

Daughter Natalie had the time of her life touring football stadiums in America with Karol G this summer:

Natalie is in the Rose Parade tomorrow!

She will be dancing in the Grand Finale with Jordin Sparks but will also be featutred with other performers during the parade, starting at 8am Monday!

Bubbleinfo TV 2023

by | Dec 13, 2023 | Bubbleinfo TV

I wonder how many realtors can say they have been producing 1-2 real estate YouTube videos per week since 2006? Mine don’t go viral because I try to keep them educational in nature.

It reminds me of the time when two Hollywood big-shots called me to discuss a TV show. They wanted to send writers down to fabricate some entertaining story lines. But when I told them I was only interested in keeping it educational, they said they would get back to me.

I’m still waiting for their call!

Thanks for watching – I appreciate you being here!

Here is a link to my channel, and what I said in June about the rest of 2023:

Market Evidence

by | Nov 29, 2023 | Bubbleinfo TV, Carlsbad, Why You Should List With Jim | 1 comment

Here’s the tour of the Solana Beach listing from last night:

Nobody is giving away the premium properties. The more premium, the more buyers!

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I should do more follow-ups on listings seen here previously for market calibration:

This RSF view estate sold for $23,500,000 full price cash in five days.

The Solana Beach fixer that listed for $1,995,000 did close escrow for $1,960,000:

Our listing in Terramar closed escrow for $2,440,000 with a 1031 buyer from LA:

Buying the superior properties for a fair price is something Charlie Munger would say!

One-Story, Newer, Price

by | Nov 28, 2023 | 1-story, 2024, Bubbleinfo TV, Carmel Valley, Del Mar, Solana Beach

Michele and I cruise around twice a week looking at the new listings.

I love it because I get to pontificate about the business and give her guidance like a good broker should.

She asks many great questions, and today was no exception. She had read the blog post from 2009 where I said agents should know the hot buys. She asked about the definition of a hot buy.

Today there is an easy formula to identify a hot buy:

If the number of Zillow Saves is 5% or more of the Zillow Views, it is a hot buy.

If the Zillow Saves are 7% to 10% of the Zillow Views, grab your checkbook – because it is sizzling hot.

Of course, now that I’ve divulged my tip, a few agents will manipulate the counts so if the listing agent is a known scumbag, then don’t trust their counts. You know who the scumbags are, don’t you?

We came up with another idea too.

If the house is one-story, newer, and the price is attractive, it’s a hot buy. But then we went one better.

If the house has two of the three (one-story, newer, attractive price), it’s probably a hot buy anyway.

If the list price is attractive, that is enough to power any sale, but if the price is attractive and the house is either one-story or newer it will probably be a hot buy. In 2024, a newer one-story house doesn’t even need to have an attractive price – there are so few of them that they can ask anything they want.

We saw three houses for sale today that will demonstrate my theorem. All are one-story homes that have been improved and should appeal to the maximum number of buyers – especially the seniors who have the money and will only consider a renovated one-story in a good location with some view:

For those who desire a full ocean view from both the family room AND the primary suite and can live with 1,620sf built in 1986 on a smaller lot in Carmel Valley, you can’t do much better than this for $2M:

https://www.compass.com/app/listing/13384-pantera-road-san-diego-ca-92130/1443561425642687169

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If you want a fully-renovated one-story house just east of the freeway in Solana Beach that overlooks the golf course, then this would be worth a look:

https://www.compass.com/app/listing/332-santa-helena-solana-beach-ca-92075/1451069101991133209

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Want to step it up and buy a brand-new 4,194sf one-story house with ADU in a prime Del Mar location with ocean view – and price is no object? Then this is for you, priced at $16,995,000:

https://www.compass.com/app/listing/355-bellaire-street-del-mar-ca-92014/1447350924812111265

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Why would these three list for sale now instead of waiting until next year? Well, I can’t help you with that. It is the most lucrative time ever for buyers to pause during the absolute peak wait-and-see period of all-time.

So if 1-2 of these go pending by the end of the year, it will show that the premium properties are always hot – and I wouldn’t be surprised if they all sell.

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