Home prices will go up and down, but another bubble/crash event is unlikely to happen. We live in a world where artificial markets are supported by the government, and until that changes, the housing market should be relatively rangebound. Under what conditions would...
My new listing in Carlsbad's Rancho Carrillo - open Saturday from 12-3pm:
I hate the videos that start with a 30-second commercial, but this is the gambler's house on Carlsbad Blvd., asking $29,000,000. Doug had this listed over the last couple of years, but now an Orange County realtor has it, and you can tell. He says the private beach...
Below isn't the best youtube of this local San Diego band, but you might recognize the location and/or the MTV host, featured at the 4:35-minute mark. RFTC is playing at the House of Blues on Halloween:
This house is within the vaunted 92130 zip code, but on the east side and in the Poway School District - where you can save a bundle of money, comparatively. Similar houses that are further west (and half the distance to the I-5) and in the DM/SB school districts are...
The word 'bubble' is getting thrown around a lot these days, provoking thoughts of gloom and doom from the not-so-distant past. Here is what wiki has to say: A real estate bubble (or housing bubble for residential markets) is a type of economic bubble that occurs...
53% of Chinese purchases were in California, and they also mention that getting money out of China is relatively easy. One sales guy said, "One way or another, property prices will still go up". From cnnmoney.com...
From HW: A panel of esteemed housing experts speaking at the ABS East 2013 conference underway in Miami disagreed on Robert Shiller's recent call that U.S. housing is in a bubble. Moderator Howard Esaki, managing director at Standard & Poor's, who himself puts out...
A tour of a downtown pied-a-terre, which was formerly a two-bedroom unit now converted into one big room divided by Shoji Screen walls: http://www.redfin.com/CA/San-Diego/100-Harbor-Dr-92101/unit-3104/home/5773994
So far, last month's NSDCC sales are 15% below those in September, 2012 (September sales for San Diego County are -12% YoY). However, the average pricing is up 26%, and NSDCC sales for the first nine months of 2013 are +9% higher than the first nine months of 2012....
