Rich Toscano has updated his San Diego housing charts: Click here The recent active-inventory trend looks a lot more like it did in 2010: It is still very low, with 6,596 attached and detached listings today. But it is 50% higher than it was earlier in the year, and...
Month: November 2013
Lexington Plan 2
This is mid-level pricing for a premier location near Sage Canyon:
Short Sales Less Favorable
From NMD: RealtyTrac reports that the nature of distressed property sales is evolving. In its most recent report on market and distressed sales, the company noted that changing economics are increasing the reliance on more traditional third party purchases at...
Market Update
Happy Day After Thanksgiving, and welcome newcomers! In case you are new to the blog and just heard about us from one of your relatives over turkey dinner last night, I'll recap where I think the market is, and what to expect for early-2014 around North San Diego...
Happy Thanksgiving!
Our Happy Thanksgiving video - thanks for being here!
San Diego’s Competitiveness Jumps
Despite a softening market, competition among buyers remained fairly fierce in October, Redfin reported in its Real-Time Bidding Wars release for the month. Last month, 55.9 percent of offers written by the Seattle-based brokerage’s agents faced competition from other...
La Costa Valley One Off?
Here's an interesting example of what can happen. They started in the mid-$900,000s back in March, and bounced in and out of escrow twice. Though the price is now down to $864,900, here we are at the week of Thanksgiving and no sale.
Chinese and California Housing
Hat tip to daytrip for sending this in, from cnbc.com: At a brand new housing development in Irvine, Calif., some of America's largest home builders are back at work after a crippling housing crash. Lennar, Pulte, K Hovnanian, Ryland to name a few. It's a rebirth for...
Inventory Watch – Re-Formatting
A reader suggested that the Inventory Watch needed more categories, and you can see why below. The lower-end is ultra-thin, and the high-end is full with the Wait-and-See sellers. The Over-$2,400,000 market has had 249 closings this year, and there are still 340...
Holiday Report
We're in the holiday season, and it seemed like the frenzy was winding down. The frenzy hit its stride during last year's fourth quarter, yet in 2013 we are keeping it close - there will still be some late reporters here: NSDCC Detached Sales, November 1-20 Year...