NSDCC First Quarter Comparisons
Bubbleinfo
by Jim the Realtor
2d ago
The first quarter of 2024 is the only 1Q in recent history to have increases in BOTH the number of listings AND the median list price. Previously, increases in pricing had a corresponding dip in the number of listings available for buyers to consider. If you are like me, you’ve seen a noticeable surge in […] The post NSDCC First Quarter Comparisons first appeared on bubbleinfo.com ..read more
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Inventory Watch
Bubbleinfo
by Jim the Realtor
2d ago
It looks like we’ve found the number. Because the inventory was so low last year, I thought the market could easily handle a 10% to 20% increase in active listings this year. But now the number of actives is +30% YoY, and the pendings aren’t increasing in a similar fashion. If sales don’t pick up, […] The post Inventory Watch first appeared on bubbleinfo.com ..read more
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Commission Lawsuit Pay Outs
Bubbleinfo
by Jim the Realtor
3d ago
Attorneys for the plaintiffs claim they spent 96,500 hours and $13 million of their own money to review over 5 million documents. They retained at least 20 experts and consultants, and performed approximately 180 depositions, and suffered through three unsuccessful attempts at mediation to achieve this result. The two lawsuits have over 1,800 docket entries. […] The post Commission Lawsuit Pay Outs first appeared on bubbleinfo.com ..read more
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West Phoenix 55+
Bubbleinfo
by Jim the Realtor
4d ago
Urban sprawl in west Phoenix is a tradition and it makes you think that eventually the desert will be paved all the way to California! We have clients who have befriended Shawn and find her personable and a believer in real estate videos. Here’s her introduction the the best 55+ homes in the west valley: The post West Phoenix 55+ first appeared on bubbleinfo.com ..read more
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The Succession Plan
Bubbleinfo
by Jim the Realtor
5d ago
For the newer readers, Donna and I have two daughters. After Kayla graduated from the University of Oregon, she worked with us for five years and then moved to Manhattan where she’s been a realtor there for the last six years. Natalie has always been a dancer, and she graduated from UCLA with a degree […] The post The Succession Plan first appeared on bubbleinfo.com ..read more
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Machu Picchu
Bubbleinfo
by Jim the Realtor
6d ago
We are with daughter Natalie who is on tour with Karol G. on their Latin America leg with shows in Lima, Peru this weekend. We went to Machu Picchu yesterday: The post Machu Picchu first appeared on bubbleinfo.com ..read more
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Buyer-Broker Agreements Required
Bubbleinfo
by Jim the Realtor
1w ago
While the media has been stirring up their hysteria over the commission decoupling…..this from CNN: It’s the second part of the settlement that will likely frustrate buyers even further: Let’s call it, The Return of the PEAD! When Covid broke out, it was decided that the only way we could safely show homes again was […] The post Buyer-Broker Agreements Required first appeared on bubbleinfo.com ..read more
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Happy 20th Petco Park
Bubbleinfo
by Jim the Realtor
1w ago
Petco Park opened 20 years ago today….and we still haven’t won a World Series! The skyline sure has changed though: The post Happy 20th Petco Park first appeared on bubbleinfo.com ..read more
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Inventory Watch
Bubbleinfo
by Jim the Realtor
1w ago
The number of active listings is a reflection of how many new listings are coming on the market vs. how many are going off the market at the same time. While today’s number of actives is 29% higher than it was last year at this time, let’s note that the 2023 inventory was a virtual […] The post Inventory Watch first appeared on bubbleinfo.com ..read more
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CV Overbid
Bubbleinfo
by Jim the Realtor
1w ago
Carmel Valley has had a real shortage of inventory lately, and from what we can tell from the bidding wars on the creampuffs, there are dozens of buyers in the hunt. This closed for $3,100,000 cash, which was $115,000 over list. The post CV Overbid first appeared on bubbleinfo.com ..read more
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