Morgan King
Morgan King
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La Jolla Market Update, June 2024
Unlike the rest of the nation, generally here in San Diego June isn't the hottest of months for real estate, as after "school is out for the summer" people are escaping the June gloom for travel and enjoyment. However, last months numbers are an increase across the board, accept for median days on the market, which only means that more homes are selling, for a higher price, at a faster rate. For the full rundown, watch my latest market update.
June 2024 - La Jolla, CA Detached Homes
Number of New Listings: 46, +5%
Number of Homes Sold: 25, +25%
Median Sales Price: $3.85M, +17%
Inventory Supply: 4.9 Months, 0%
Median Days on the Market: 33, -27%
If you are thinking of buying or selling reach out to me over at www.morgankingrealestate.com. Believe it or not, it isn’t always a good time, depending on your personal circumstances, which I can advise to ensure that you are making the right choice for you.
มุมมอง: 30

วีดีโอ

What is an HOA Assessment?
มุมมอง 1521 วันที่ผ่านมา
If you're looking to purchase a condo, or if you already own one, in most instances you'll be paying a homeowners association fee (HOA) that is billed monthly. Along with this is an entity made up of members who ensure that the common areas, community, and building amongst other things, are in an enjoyable condition for owners. So what is an HOA assessment, and how is it different that my month...
An Important Variable to Determine "How is the Market?"
มุมมอง 2921 วันที่ผ่านมา
I get asked all the time, 'how is the real estate market?" As I always say, there are general numbers and analytics that state this, however, it is truly dependent on your personal circumstances, which include your current state, along with your short term and long term goals. That all aside, there is one big variable that impacts the answer of this question, especially in our market here in Sa...
What is an Appraisal Gap?
มุมมอง 921 วันที่ผ่านมา
If you're looking to buy or sell, you'll want to be familiar with this term to ensure you're prepared when it comes time to get an appraisal for your financing. If you are thinking of buying or selling reach out to me over at www.morgankingrealestate.com. Believe it or not, it isn’t always a good time, depending on your personal circumstances, which I can advise to ensure that you are making th...
La Jolla Market Update, May 2024
มุมมอง 6หลายเดือนก่อน
With summer officially upon us (even if we have yet to experience those sunny days thanks to May Grey and June Gloom ;)), we are starting to see an overall increase in inventory, and a big jump in median sales price along with it. With days on the market keeping homes listed for longer than usual, buyer’s are finally given time to make decisions on whether or not a house is right for them. For ...
Why N.A.R. is Enforcing the Buyer Broker Agreement as of July 2024
มุมมอง 312 หลายเดือนก่อน
If you've been following along with the real estate world, you may have heard that N.A.R. (the National Association of Realtors) will be enforcing some new laws set to go into effect as of July 2024. One of them is enforcing all agents who are representing a buyer to sign a buyer broker agreement. Although this form has been used for years, it will now be required, and you can watch my latest v...
What is an Escalation Clause?
มุมมอง 32 หลายเดือนก่อน
After surviving the past couple of years here in the real estate world in San Diego, I have become an expert on how to beat out the competition when buying a home where there are multiple offers on the table. One of the tactics I have used is called the escalation clause. Watch my latest video to find out what this one key tip is that can support you in beating out the competition! If you are t...
Ask Your Realtor for This
มุมมอง 32 หลายเดือนก่อน
Your Realtor can offer you a lot of supportive resources whether you're looking to buy or sell, and this is the one document that you'll want to ask for upfront to ensure you're prepared for the total financial picture. Watch my latest video to find out what that document is. If you are thinking of buying or selling reach out to me over at www.morgankingrealestate.com. Believe it or not, it isn...
La Jolla Market Update, April 2024
มุมมอง 102 หลายเดือนก่อน
True to form, we can definitely see the activity increasing overall for the spring market here in San Diego, as number of units sold for last month are up a whopping 43%! With the median sales price almost flat to last year, and inventory slightly higher, we can anticipate a continued uptick in sales as the summer market approaches. May 2024 - La Jolla, CA Detached Homes Number of New Listings:...
My Tip When Reviewing a Title Report
มุมมอง 93 หลายเดือนก่อน
If you're buying a home, while in escrow, you will receive many documents to review, one of which is your Title Report. There is quite a bit of information provided on these reports, and to ensure my buyer's feel comfortable reviewing, I highly recommend they do this one thing, watch my latest video to find out. If you are thinking of buying or selling reach out to me over at www.morgankingreal...
My Top Recommendation Prior to Selling
มุมมอง 33 หลายเดือนก่อน
When I initially meet with a seller, I discuss with them options on how they can best prepare to list their home for sale to ensure a smooth escrow for themselves and their potential buyer. Watch my latest video to find out my number one tip when preparing to list your home for sale. If you are thinking of buying or selling reach out to me over at www.morgankingrealestate.com. Believe it or not...
Inside Scoop on an Investor Offer
มุมมอง 23 หลายเดือนก่อน
I get contacted several times a week via email and text from investors who are looking for off market opportunities that they hope to renovate and then resell for a return. They also scour our local neighborhoods and approach home owners often times cash, non-contingent offers, but before you decide to move forward with something like this, watch my latest video to ensure you are aware of the p...
Lead Time Update on a California Insurance Quote
3 หลายเดือนก่อน
With a lot of insurance companies opting out of providing insurance in California, due to the fire risk, the companies that are staying around are getting an estimated 1,000 inquires a day! This will have an effect on how long it can take to get a quote if you're in escrow on a property. Watch my latest video to understand the anticipated lead times for this so you can plan accordingly. If you ...
How Long Does a Seller Have to Respond to My Offer?
มุมมอง 13 หลายเดือนก่อน
With multiple offers being a common experience for buyer's here in San Diego, it can take some time for the seller to review all offers, and get the opportunity to respond. This time for a buyer can be anxiety ridden as they wait to hear back on whether or not their offer made the cut or not. To minimize the stress, I like to share with my clients when they can plan to hear back to manage expec...
La Jolla Market Update, March 2024
มุมมอง 53 หลายเดือนก่อน
This month's market update may not show a significant drop year over year when it comes to median sales price and inventory, but in comparison from what we were seeing last month, inventory is down 59% and median sales price is down from $3,480,000 to $2,750,000. We are also seeing that homes are on the market for less than 30 days active, and with limited inventory and continued demand, the sp...
What Happens if I Decide Not to Buy?
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What Happens if I Decide Not to Buy?
Make Sure of This One Thing Before Renting Your ADU
มุมมอง 184 หลายเดือนก่อน
Make Sure of This One Thing Before Renting Your ADU
La Jolla Market Update, February 2024
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La Jolla Market Update, February 2024
Why it's Crucial to Schedule a Home Inspection ASAP!
มุมมอง 15 หลายเดือนก่อน
Why it's Crucial to Schedule a Home Inspection ASAP!
Remember This if You're Offers Aren't Getting Accepted
มุมมอง 45 หลายเดือนก่อน
Remember This if You're Offers Aren't Getting Accepted
Remember This About Your Real Estate Agent
มุมมอง 55 หลายเดือนก่อน
Remember This About Your Real Estate Agent
What Happens After a General Inspection?
มุมมอง 35 หลายเดือนก่อน
What Happens After a General Inspection?
An Insider Tip to Save You Money
มุมมอง 45 หลายเดือนก่อน
An Insider Tip to Save You Money
The Only Time I Recommend Not Buying
มุมมอง 65 หลายเดือนก่อน
The Only Time I Recommend Not Buying
When to Submit an Offer When There's Multiples
มุมมอง 125 หลายเดือนก่อน
When to Submit an Offer When There's Multiples
The Risks to Consider with Instant Offer Sites
มุมมอง 85 หลายเดือนก่อน
The Risks to Consider with Instant Offer Sites
La Jolla Market Update, December 2023
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La Jolla Market Update, December 2023
What is Debt to Income Ratio?
มุมมอง 47 หลายเดือนก่อน
What is Debt to Income Ratio?
How Does Building an ADU in SoCal Affect My Property Taxes?
มุมมอง 137 หลายเดือนก่อน
How Does Building an ADU in SoCal Affect My Property Taxes?
My Top Consideration Before Negotiating
มุมมอง 37 หลายเดือนก่อน
My Top Consideration Before Negotiating