While it seems like the local market has been cooking this year, when you look at the basic stats it's hard to be impressed. Here are SD County detached-home sales for Jan 1 to Oct 14th: Year # of Sales Avg $/sf DOM 2011 16,775 $237/sf 75 2012 19,263 $238/sf 72 Sales...
From wiki: Frank Lloyd Wright (born Frank Lincoln Wright, June 8, 1867 – April 9, 1959) was an American architect, interior designer, writer and educator, who designed more than 1,000 structures and completed 500 works. Wright believed in designing structures which...
Now that summer is done and kids are back to school, we've been having a surge of new pendings over the last week or so - leaving very few for videos!
I'm not sure if this displayed previously, but it was researched by one of the big data gatherers (initials C-L) about the Carmel Valley zip code 92130: Total number of homes in that zip code: 14,331 Total number of Neg Am loans: 282 Total number of SFRs with neg-am:...
When the commission war starts, how will these guys survive? They are heavily in debt, and now that they are slaves to the shareholders they won't be able to adjust. Why do you think they IPO'd? Hat tip to daytrip for sending this in: Realogy (NYSE: RLGY ) dared...
Competition for lower-priced homes in California is so hot that the number of cheaper homes available for sale has sunk more than 40% in the last year, pushing out many would-be buyers. Homes that sold for $313,200 or less were the most competitive type of home...
We've had a truckload of more sales recently, but statistically the pricing hasn't been rising - the average cost-per-sf of summer detached-home sales around NSDCC is trending flat to slightly downward year-over-year. Apparently, buyers have engaged mostly due to the...
The number of SD properties foreclosed in 3Q12 were less than half of the number of foreclosures in 3Q10, but the ratio of third-party buys compared to those going back to the beneficiary has been changing. Two years ago, 76% of the trustee sales went back-to-bene,...
When you read in a listing, "Hurry, this won't last long" and "Priced below market for quick sale. Reviewing offers 10/15/12", does it make you want to hurry on over, or forget all about it? Though this agent is a nice guy, this verbiage will make most buyers want to...
Here's a year-over-year review of the summertime median prices of detached-home sales between June 1st and September 30th in the individual areas of NSDCC. Town/Area 2011 #Sales Median SP Avg. $/sf 2012 #Sales Median SP Avg. $/sf Cardiff 40 $821,500 $440/sf 14...
