This market snapshot comes from the #1 CB agent in the OC: In talking with realtors, mortgage brokers, escrow agents, and title reps, from all areas, I ask, what are you currently experiencing in your market? The overall theme supports a significant slow down over the...
It sounds incredible - even though average pricing is 20% HIGHER now than this time a year ago, there were 4% MORE sales between June 1 and July 22 (mortgage rates were about the same in both periods): NSDCC Detached Sales, June 1 - July 22 Year # of Sales Avg. $/sf...
Though this video has a dramatic backdrop - the 7,459sf REO listing high on the hill in La Jolla - the goal is to showcase Kayla's first real appearance on Bubbleinfo TV. Don't miss the last five seconds:
We lost a great one on Friday - JJ Cale, from Valley Center. Cale wrote 'After Midnight', and 'Cocaine', both made famous by Eric Clapton, and the two of them collaborated on the album, 'Road to Escondido', which won a Grammy in 2006. Here's a song made famous by...
Fannie Mae's new requirement that all HAFA short sales to be active on the MLS for at least five days amounts to shutting the barn door after the horses have escaped: On or after August 1, 2013, all properties being considered for a standard short sale/HAFA II must be...
This video gets a little geeky but if you wanted to see more San Diego stats plus a good explanation of the zestimate from Zillow's economist, check it out here (they update the zestimate on every property in America three times a week!): US Zillow Home Value IndexUS...
Hat tip to daytrip for sending this in from nytimes.com - an excerpt: The power of eminent domain has traditionally worked against homeowners, who can be forced to sell their property to make way for a new highway or shopping mall. But now the working-class city of...
The San Diego Case-Shiller party keep raging in May, though the nationally the pace has "cooled'. Here are our recent improvements: Month M-O-M Y-O-Y March '13 +2.0% +12.1% April '13 +2.8% +14.7% May '13 +3.2% +17.3% "The report was unlikely to alter economists'...
Spencer was in town today discussing the Zillow features. www.zillow.com These are mostly things that NAR, CAR, the MLS systems, and major brokerages have ignored or tip-toed around, but Zillow doesn't seem to care any more - they are going for it. They are throwing...
For more perspective on the current inventory, consider the closed escrows over the last 30 days. There were 150 NSDCC detached homes sold under $1,200,000 in the last 30 days (avg. $336/sf), so we can call the 262 actives about a 1.75-month supply. There were 91...
