Marilyn Dashe | October Newsletter

My October Newsletter

October is always one of the most beautiful months in San Diego, and this one is no exception. We are enjoying 70 degree sunny days with cool evenings; it couldn't be better.

Since not much was happening here, we decided to go to England for 12 days (that wasn't really the reason but it did turn out to be a good time to go). We spent three days in London, always one of our favorite cities. We saw two plays, went to an Impressionist art exhibit at the National Gallery, and re-visited some of the London sites. Then, we met friends, and we were off to Cornwall for six days. We stayed in a very small fishing village right next to the harbor and spent our days taking coastal walks, visiting a neighboring village by ferry, and eating tons of fish and chips, and fudge, and drinking local beer, whiskey, and cider. So much fun!

As you've probably been reading and hearing, the real estate market has "shifted." In the past few months, we've seen the market change from a sellers' market towards a buyers' market. Home prices climbed very high last spring, and sellers were receiving multiple offers. But then, things "shifted." In September, we saw the market times for houses on the market climb, and the prices also started to go down. And for us, this has meant fewer listings and sales. In September, we closed a short sale property near the beach, and this month, we just closed a property in Cardiff with a beautiful ocean view. We have other properties in escrow waiting to close, and we are starting to get a few more listings. It's an interesting time! We did do a really fun thing in the business last month. One of our agents, Dave Hyman, played "Jimmy the Greek" in a production of Guys and Dolls at the Star Theatre in Oceanside. We dressed for the occasion, and went out to dinner as a group before attending the performance.

I found a really interesting article from Inman about all of the disruption and changes currently happening in real estate. The article begins:: Another day, another venture capital investment in an "iBuyer," another press release touting an iBuyer entry into a new market, another agent crying foul as they wait for iBuyers to end the careers of agents and brokers everywhere." The article goes on to explain that of course, buying from the internet is here to stay, and these new companies offer options. But it also says, I've never seen an app that can handle a call from distraught buyers who are in the middle of an emotional meltdown during a transaction. And Show me an app that can talk sellers off the ledge after they found out that the third buyer for their home got denied by the lender. The point is that we as agents and brokers just need to keep our eyes on the consumers and make everything about them and their needs. And then our careers will go on as always.

Hope you're having a good fall season wherever you live. As I mentioned before, if you have thoughts of buying in the San Diego area, now is a very good time. There is inventory, and sellers are much more flexible on their prices. Let us know if you're interested. And as always, I really appreciate your referrals.

See you next month.


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Marilyn Dashe
Broker/Owner | RE/MAX At The Coast
732-B N Coast Highway 101, Encinitas, CA 92024

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