Відео

That makes no sense as you should have quotes before you make an offer. You would not waste your time making an offer if they are all no quotes or high quotes. I live in Texas and I got insurance quotes before I made offers on my house last year. I used a broker that could get multiple quotes back to me in 10 min. You also dont need another contingency because your mortgage company will cancel the mortgage before closing if you cant prove that you have insurance setup.

Agreed! We started to see some movement as rates approached 6% but they jumped back up very quickly. Sitting at 7.13% as of today...

Thank you! Dropping another one today. Let me know what you think!

Thanks for watching! We've definitely seen the market move to favor buyers a bit but there are homes that are still selling in the first weekend - if they are dialed in and priced right - but not nearly what we saw a few years back when everything was flying off the shelves.

Indeed! A little improvement this year compared to last, but still not where we need to be.

@ we’ll likely be here for the next 2-3 still. Unique influx of more buyers coming to the market while we await increase in supply. As always, don’t time the market and get in when it makes sense for you.

Bingo…salaries or pay. Broken system. It worked for generations before as. These systems weren’t meant to last thing long before they collapse. “Strength” of the dollar, pensions, social security….etc.

A crash isn’t happening any time soon. That’s for sure. The major difference between today and 2007 is that they were approving anyone and everyone back in 2007. Today, if you don’t, you don’t get the loan. I’m selling my home, ending up with 325k profit, and that’s after realtor commission. I’m putting 260k down and keeping the rest. My mortgage will still end up being $4,247. I’m well under the 25 and 28 percent rule. This shit is insane. There are people in Cali that will NEVER be able to purchase a home. Never

Yeah, buying now and hoping that rates drop in the future is definitely not a good strategy. Buyers need to be comfortable with their payment right off the bat.

It'll be interesting to see what happens over the next few months. Just this week it looks like a handful more properties have been popping up on the market. Still competitive for sure, but like you said, location, condition, and price.

Thanks for tuning in!

@@sellyourhousesandiego Welcome. I am a new subscriber to your UA-cam channel and I did an audit report for your channel and found some issues that I think should be addressed. I think your UA-cam will grow a lot if you solve the problems. I can show you the audit report if you want. Thank you.

Damn that dude that bought is about the get fked so bad. Lmao

Excited for you!! Thanks for the rec!! 😉

Thanks! It doesn't get in the water much these days, but it's super fun!

You got it!

Here you go! ua-cam.com/video/S6Xxd2Y_NwI/v-deo.html

My pleasure!

Here you go! ua-cam.com/video/FLQsKxfCGWE/v-deo.html

Here you go! ua-cam.com/video/FLQsKxfCGWE/v-deo.html

Hey Bill! Cassidy sent you a reply to your email. Just following up to make sure you got it@!

Glad you enjoyed 👍

Great suggestion! Anything specific?

😀😀

Location is still super important - i.e. is it near a main road or freeway. Even right now in SD about 23% of the homes on the market have had a price reduction. The homes that are priced properly and prepped for the market seem to sell the quickest for the most money.

Yeah, the prices really accelerated over the past few year. Avg price for single family home right now is closer to $1.3M when it was about $860K in Jan of 2020.

@@sellyourhousesandiego do you think that sustainable or even logical for that much of an increase in 4yrs ?

@@drewrowe Since interest rates have started to rise the frenzy of the market has slowed down a bit, but we just had a colleague sell a starter home in Carlsbad (original price $1.15M, sold $1.25M) with 12 offers. But sustainable - I don't believe we can see another 50% rise in the avg. sales price of homes here in San Diego over the next 4 year, but who knows. As of recently though the main thing driving prices up is lack of homes for sale. Until we see a significant change in that, prices will likely continue to rise at a faster clip than usual.

All else aside - it is beautiful!

Got it! We'll try to get an 92120 update in the mix for a future vid. Good luck with the exam!

Not moving in 2024. Sorry for the confusion. Was trying to convey that I was planning on moving in 2034 (i.e. I Would Buy and Sell in 2024) but our situation has changed, uncorrelated to market conditions. Thanks for watching and the feedback!

My original plan was to buy and sell in 2024, but we have had to reassess due to our financial situation changing, not necessarily what will be happening in the real estate market in 2024.

Exactly. A lot of blather and no content.

Simple answer...yes. My original plan was to sell our current home at the beginning of 2024 and purchase another home towards the end of 2024. But our plans have changed. Not due to market conditions or anything happening in the real estate space, but our situation has changed.

Thank you! Definitely interested. Can you shoot me an email - hello@northcountyca.com

If certain cities do adopt it it'll definitely generate some more revenue. Questions is - will home owners sell their ADU's?

@@sellyourhousesandiego if they sell them they will have to pay Capital gains

The way I understand it is that it'll be like a condo setup. When you purchase a condo you own the unit itself and what is known as “interest” that you share with all the other owners in the “common areas” of the condominium. More details to follow...

That would be ideal. Unfortunately a lot of San Diego is built out and/or cities are too restrictive on new builds.