These guys were using this Case-Shiller graph to say the housing bubble has ended. The line on a graph may look like it has normalized, but lately we have had a severely-restricted supply. The old bubble may have fully popped, but we're not out of the woods just...
Month: September 2012
NSDCC August Sales, Preliminary
The averages for August detached sales for the La Jolla-to-Carlsbad region: Year # of Sales Avg SF Avg $/sf Avg DOM 2009 215 2,922 $373/sf 80 2010 210 2,913 $367/sf 62 2011 240 2,853 $389/sf 77 2012 287 3,250 $380/sf 70 Bigger houses are selling, but the average...
Pacific Station Sells Out
In the beginning there were doubters who thought that Pacific Station could be a tough sale. With grocery trucks delivering early in the morning, traffic all day-every day, and partying at night, buyers had good reasons to be concerned. But once Concordia Homes took...
Ornery In Brighton, CO
From AOL Real estate: If you thought foreclosure signs were bad for home sales, wait till you get a load of this Brighton, Colo., homeowner's spray-painted disclaimer. Titus Terranova, the implausibly named homeowner whose property abuts a home for sale in the rural...
A Higher Comp, MCM, and Chevys
Are Banks Foreclosing?
We've gotten the feeling that banks aren't pursuing defaulters much after hearing anecdotal evidence about homeowners who aren't getting calls from their banks and servicers, even though they've been behind in their payments for over a year. Here is supporting...
New Homes in SW Carlsbad
Buyers at this new-home tract in Carlsbad are spending more to secure the premium view lots first, instead of spending less for the inferior locations. But with the views come the power lines:
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Seaport Villas, Carlsbad
My new listing in the Aviara area of SW Carlsbad, priced at $399,000 - only 2:10 minutes: