The fourth Carmel Valley REO listing this year (there were ten last year):
Year: 2013
“Great Time To Sell”
For real estate scoop these days, the media goes to the same three places. But the guy at Trulia is too high up in his ivory tower, and Redfin gets conflicted between reporting market data and creating new gimmicks. However, Spencer Rascoff of Zillow is right on the...
Density and Growth
Build up or increase density — those are the options for San Diego real estate professionals who are trying to figure out how to accommodate a growing population with land that’s about 95 percent built. One of the biggest challenges is the community’s perception that...
Robin Trower
Let's go back to high school and those heavy-guitar days with Trower's best lineup. You could select any song off his landmark album Bridge of Sighs, released in 1974, but I picked this one for the "guitar faces" beginning at the 0.58-minute mark: Though he was left...
NSDCC Investor Activity
The media keeps publishing their usual fear-mongering, wanting you to believe that as soon as the investors pull out, the real estate market will tank. Here's another: http://dealbook.nytimes.com/2013/06/03/behind-the-rise-in-house-prices-wall-street-buyers/?hp It...
Del Mar Heights Barker
Some of the bubbleinfo.com posts come and go, usually because the video is deemed somewhat sensitive in nature. They usually aren't deleted off youtube though, so if you are a bubbleinfo subscriber and get notified of a new post that has disappeared and are curious -...
Inventory Tracking
There is always going to be fluctuation, but this is an interesting turnaround. The last period had 70 new listings, and 84 new pendings, but this current period showed 87:64 mix of new and pending listings (there are expired, cancelled, and withdrawn listings...
Higher-End Asking Prices +24%
More data released today indicating higher pricing for April and May. The news has been upbeat all year, and sellers have been adapting well. According to the Dept of Numbers, San Diego's 75th percentile asking price has risen 24% in the last 12 months: The...
San Diego Short-Sales, 2013
The number of completed short sales has dropped this year, and the agents who specialized in them are scrambling around trying to figure out how to be regular realtors. Hopefully the short-sale business will conclude when the debt-tax exemption expires again on...
Rental Scam
This is the second time someone has taken my photos and placed rental ads hoping to dupe tenant prospects into sending $1,000 by FedEx with the promise of sending keys later.