Category Archives: Uncategorized

San Diego County’s Med Home Price Unchanged

San Diego County’s median home price was unchanged in October as the number of sales hit its lowest level since winter.

Analysts say there are two factors that have pushed sales down: Lack of homes on the market and potential buyers increasingly less likely to go over asking prices.

“It’s not that there aren’t buyers. It’s really the lack of inventory,” said Gary Kent, a La Jolla-based real estate agent.

Kent said he has asked clients if they would consider selling homes but keeps running into the same issues: People think they can get more money if they wait, or there are so few homes for sale that homeowners worry if they sell their home, they won’t be able to find another one to buy.

Read more at: https://www.sandiegouniontribune.com/business/story/2021-11-17/san-diego-home-price-gains-slow-from-summer-peaks

Zillows closing flipping business; 25% of workforce cut

Zillow said Tuesday it is laying off a quarter of the real estate firm’s 6,400 employees as it shuts down the company’s house-flipping operation, a painful setback for a player that has sought to expand its role linking property buyers and sellers.

In a statement explaining the abrupt move to pull the plug on the side business, called Zillow Offers, CEO Rich Barton said “the unpredictability in forecasting home prices far exceeds what we anticipated.” As a result, continuing to grow Zillow Offers “would result in too much earnings and balance-sheet volatility,” he added. 

read more at: https://www.cbsnews.com/news/zillow-layoffs-closing-zillow-offers-selling-homes/

Home fall maintenance checklist

Although temperatures may not be dropping across all of the nation, we’re entering the fall season, and that means it’s time to prepare your home for changes. Here are seven essential tasks to take care of your home over the next few months.

Gutter cleaning: This is a deceptively simple but important maintenance task that protects your roof, lawn, attic, foundation and basement. Overflow from clogged gutters can create backup on your roof in freezing weather or pooled water right next to your foundation during non- freezing times. A gutter cleaning ensures smooth drainage every time.

Prep your lawn: Aerate your lawn to improve root development. Put away all lawn equipment and hoses, as well as drain gasoline. Sow grass seed in bald spots and add fertilizer to help create a healthy lawn in spring.

Inspect your foundation for cracks: Foundation repairs can be some of the most expensive repairs your home ever requires. Fortunately, foundation cracks are easier to repair the sooner they’re addressed. Once you’ve discovered structural problems, call a pro as soon as possible to address them.

Read more at: https://www.newstribune.com/news/features/story/2021/sep/26/ask-angi-add-these-items-to-your-fall-maintenance-checklist/890166/