Here's the annual diatribe questioning the existence of realtors: http://www.washingtonpost.com/blogs/wonkblog/wp/2013/08/22/why-do-real-estate-agents-still-exist/ If you ask most realtors why they exist, you'll hear about the "maze of paperwork" and "litigation and...
Month: August 2013
New Near Beach
This should complete our run through Leucadia for now, though there is an ample supply of new homes coming to market over the next 6-12 months that we will chronicle later:
They Came to San Diego
A promotional film that highlights the some of the founding fathers of San Diego (new and old), and from where they came:
Conforming Rates Near 5%
Mortgage rates were higher again today, extending yesterday's movement following the FOMC Minutes. This morning's Jobless Claims report showed a slightly higher number of initial unemployment filings, but rather than help push back against yesterday's weakness, this...
Neptune Oceanfront
The first third of this video is a tour of great-looking oceanfront house in Leucadia - and the rest is two old guys discussing the current market:
Nick Lowe
Imagine a few veterans gathering around to play some old tunes - and how in this case, Nick takes over on his biggest hit: Tom "T-Bone" Wolk, a long-time member of the H&O band and vital contributor to Daryl's show, passed away on February 28, 2010 at age 58. If...
Summer Inventories
Let's examine the summer's new listings of NSDCC detached homes - are more properties coming to market this year, and if so, at what price points? These are the new listings between June 1st and August 15th: Year 2012#/LP $persf 2013#/LP $persf % diff 0-$800,000...
Who Flinches?
The lower-end segments of each market are where buyers should be nervous about how much, and how fast the run-up has been. Ones like this are already at peak pricing, or higher:
Ferrari Beer
My mother-in-law saw the big Ferrari sale and sent me this conversation: Critical Thinking At Its Best! Woman: Do you drink beer? Man: Yes. Woman: How many beers a day? Man: Usually about three. Woman: How much do you pay per beer? Man: $5.00 which includes a tip....
Frenzy Surprises
There are a few surprising factors contributing to the meteoric rise in prices: A. Cash offers might get you the win, but not a deal. Back in the day if you offered cash, you sought a hefty discount - and usually got it. Over the last 60 days, 25% of the NSDCC...