Though the resale inventory is as thin as ever, the new-home tracts aren't blowing them off the shelf - and buyers are being very conservative and patient. The tract salesperson here said that they have several people waiting specifically for the models to come up...
Month: October 2012
Medians Are Skewed
In the previous post we saw the media snippet that heralded the 12% increase in San Diego's median sales price year-over-year. The local realtor-association president buttoned it up by anointing the local real estate market as "clearly heading in the right...
Sound-Bite Trend is UP!
The media types are always a little short on analysis, and instead are happy to plug in realtor quotes to fluff their stories. But their sound-bites have become consistent - prices are on the move - which may be enough to sway the popular opinion. From sddt: The...
Hilltop Contemporary
This 4,940 sf "contemporary architectural masterpiece" on 19 acres in the hills of Poway is listed for $1,800,000 to $1,995,000: http://www.sdlookup.com/MLS-120045888-15578_Raptor_Rd_Poway_CA_92064
New Real Estate Search Websites
The real estate industry is, and always has been, ripe for the pickings. We thought that realtor.com would lead the way, but then N.A.R. had a third-party start running the realtor.com website. Quickly we found out that their only goal was to make money off realtors,...
More on California Exodus
'California is God's best moment," says Joel Kotkin. "It's the best place in the world to live." Or at least it used to be. Mr. Kotkin, one of the nation's premier demographers, left his native New York City in 1971 to enroll at the University of California, Berkeley....
Solana Beach View Under $600,000
You don't have to spend a million dollars to get an expansive ocean view in SB!
Extension of Debt-Tax Relief?
The fate of the mortgage-debt tax relief? It's going to be decided in a lame-duck session, and there doesn't seem to be enough politicians willing to create a big fight - an excerpt from the latimes.com: One key strategy question: Could the Family and Business Tax...
In Search of Mauve
Our second trip this year to the top of Aviara, where there is a single street of custom homes. Here's a west-sider that has been on and off the market since February. They paid $1,710,000 in 2007:
California Going Judicial?
The Homeowner Bill of Rights launched in California not only changed hundreds of years of real estate law, it may have turned the West Coast state into a judicial foreclosure state with financial firms on high alert, legal experts claim. "In California, they just gave...