Yesterday we saw that list pricing of San Diego houses had jumped recently, and a reader wanted to scale it down to local markets. You can see in this Carmel Valley graph that last year the list pricing never picked up any momentum during the prime spring selling...
The traffic around the northern part of the City of San Diego is manageable - and it may be worth considering a move further out if your only objection is rush hour:
Bill at CR is letting it rip today! http://www.calculatedriskblog.com/2012/02/housing-bottom-is-here.html An excerpt: For new home sales and housing starts, it appears the bottom is in, and I expect an increase in both starts and sales in 2012. As the first graph...
At the Super Bowl party yesterday a stranger asked how the market was, and I said "Great,....". But before I could get in another word, he fired the obligatory blast, "You realtors always say that". He then went on to tell me his prognostications, the main one being...
List and sold average cost-per-sf for San Diego houses, from 'fin: The weather has been nice and all, but we haven't seen an explosion of seller enthusiasm like this since the boom years, and maybe never. The fantasy-to-reality gap over the last two years has been...
There have been thoughts that selling real estate could become fully-automated, and realtors as we know them will be kicked to the curb. Here's an example of how it could look: For robo-real estate to succeed, sellers would have to be convinced that utilizing an...
How much room do you need?
It may feel like a bumpy ride, but today's local market looks pretty smooth, statistically. Here are detached sales for January: Area Jan. 2011/2012 Sales (chg) Jan. 2011/2012 Avg. Cost-per-sf (chg) SD Co. 1,269, 1,356 (+7%) $229/sf, $226/sf (flat) DM/RSF/SB 23, 29...
In the last post we were talking about the low volume of sales hamper easy decisions on value. This is a good example of how a specialty feature - a newer, Spanish-style one-story house - will cause fits for nearby sellers of larger two-story models. They will get...
