Additional stats not mentioned in video for North SD County Coastal detached: April 2011 sales so far = 206 (+20 for late-reporters) Jan - April 2011 sales = 189 monthly avg. Active/solds (1,497/189) = 7.92 months' of inventory (under 6 is ideal) Jan - Apr 2010: 726...
Month: April 2011
Carmel Valley REO Open 12-3
If anyone thinks selling REOs is gravy, take a look at this: San Diego sold pricing is showing roughly a 10% increase over the last 12 months on this $/sf chart. Seller optimism is way out in front, though the blue line is only measuring those that haven't sold, so it...
More on February’s Case-Shiller
On a day where 2 billion people are engrossed with the kisses of two British 20-somethings, let's shine the spotlight on San Diego's own King of Graphs, Rich Toscano. Here's an excerpt and two of the graphs from his post, click here for the full story: It is...
San Diego History
Photos from the San Diego History Center (scroll over photo for description):
Bubbleinfo TV Royal listing
In honor of the Royal Wedding.
March-to-April Comparison
What has been the historical change in sales between March and April? These are the MLS detached sales and average $/sf for NSDCC - La Jolla to Carlsbad: Year March April 2001 254/$280 260/$289 2002 385/$294 329/$290 2003 292/$334 323/$321 2004 282/$409 362/$417 2005...
Olivenhain REO
This went pending after five DOM - it'd be nice if there were more of these for sale!
Strategic-Default Studies 2
We just saw the FICO study a few days ago, here are excerpts from a report by the Federal Reserve Board, in an article written by Keith Jurow at the Business Insider: Last May, a very significant analysis of strategic defaults was published by the Federal Reserve...
More-Cash-For-Keys Program
From Alejandro Lazo at the latimes.com: A proposed law facing a key vote in Sacramento on Wednesday would require lenders in California to make a decision on mortgage modifications for delinquent homeowners before beginning the repossession process, in effect ending...
REO Not Selling
This same model further up the same street that backed to the canyon just sold for $1,100,000 cash in January (linked here) , yet no takers for this one at $899,900: