The biggest reason the market feels so hot is because sales are flying all over North San Diego County Coastal - especially towards the end of 2012. But there have been enough inferior locations, dumpy old fixers, and fraudulent short-sales selling that the annual...
Month: January 2013
Yunnie Coming Around
At the Washington Realtors’ legislative hill day this year we had an opportunity to hear from the National Association of Realtors’ chief economist, Dr. Lawrence Yun. Dr. Yun spoke about the improving real estate market in Washington state and his optimistic outlook...
Del Mar Scenic
Big ocean views in Del Mar for less than $1,000,000 are hard to come by:
Get Ready For Case-Shiller Tuesday
Temperature Gauge – Hot!
The lower-end looks like it is picking up speed, and those selling above $1,000,000 shouldn't feel bad either. Here are the active, contingent+pending, and sold listings for each area - the monthly sold count is the last six months of sales divided by 6....
No Seasonal Slowdown
Tuesday's Case-Shiller report is going to blow the roof off the market: The housing market typically experiences a seasonal slowdown during the winter months, but this year seems to be different, according to the latest Campbell/Inside Mortgage Finance survey. In...
Another Bubble?
Reader Matt questioned whether we are in another bubble: 2 years ago, homes were sitting at 600-650 range. Now, you can’t find a home for under 900k in Encinitas without a feeding frenzy. Bubble? The media, and the soundbite society, has trained us to apply labels to...
The Hurry-Up-And-Buy Syndrome
The lower-end market is hot enough that buyers caught up in the frenzy will react faster - and with less deliberation - causing them to overlook negatives. Can they keep their wits about them? I doubt it too, and as a result, both of these will probably sell:
Adverse Possession
Crowdfunding for Real Estate
From the pyramids to the Empire State Building, the world’s largest structures have typically been financed by the superrich. New York-based Prodigy Network, best known for marketing the Trump SoHo hotel condominium, is now trying a different model: It’s bringing...