As sellers hold their grip on the market, buyers are starting to understand what it’s going to take to stay in the game, according to responses in Redfin’s second-quarter Real-Time Home-Buyer Report. After speaking at length with the buyers, it was determined that...
Thank you Naples Daily News for recording these stories from WW2 veterans in their 80's and 90's - put a camera in front of anyone you know that age and memorialize their history on youtube!
JtR reporting from the field about market conditions, and trying to justify one more time why we are due for some frenzy slowdown:
This is a big shift in underwriting policy - from the latimes.com: Here's a heads-up for the growing ranks of seniors whose post-retirement monthly incomes aren't sufficient to qualify for a mortgage under today's tough underwriting standards: Thanks to a rule change...
This year has seen 8% more detached homes listed in NSDCC, and 14% more closings than last year (the average price-per-sf on the Y-T-D closings increased 10% Y-O-Y to $408/sf).
My new listing in La Costa Greens - open Sat & Sun 12-3pm!
A frequent question is, "How long will it last?". It depends on how long the demand lasts, which at this point appears to be deep and wide. There are sectors of today's buyer pool that are still waiting for their shot: 1. Low-Down-Payment buyers. You can be...
Zillow is reporting that San Diego prices are up 19.7% year-over-year, a trend that should continue for another couple of months. You can see here that prices started to increase last summer, which should put a statistical damper on the Y-O-Y percentage growth later...
The market is still cooking, just not boiling over. The 10%-plus increase in inventory since the beginning of the month (during the prime selling season), suggests that a pricing plateau could be forming: The UNDER-$1,200,000 Market: Date NSDCC Active Listings Avg....
We lost a great one on Monday - Ray Manzarek of the Doors, at age 74. Thankfully the latimes.com pointed the spotlight today on Ray's relationship with the members of X: The music that keyboardist Ray Manzarek made as part of the Doors helped define the 1960s, and...
