Here's a good review of the recent Dave Camp tax proposal: http://www.latimes.com/business/realestate/la-fi-harney-20140309,0,7914993.story#axzz2vWoDGLkZ Under intense scrutiny will be the two-out-of-five-year rule - Congress will find it irresistible to tinker with...
Month: March 2014
Inventory Watch – Bubblin’ Up
The number of active listings grew in each category this week, which should be a seasonal shift. But it is the selling season too - so if the active inventory keeps growing, it means buyers aren't going for the higher pricing: North SD County's Coastal Region (La...
Bidding Wars
When there are multiple offers on one of my listings, I am happy to divulge the pertinent information to all parties - because transparency benefits the seller. But most listing agents act like they are guarding Fort Knox, and won't give any guidance on...
Get Something
The houses with 1-2 premium features really benefit in a frenzy. Buyers are happy to at least get a couple of big items on their wish list, and are willing to concede/discard others to ensure that they don't lose......again:
Frenzy – It’s Baaaack
Can you feel it? The frenzy, creeping in on you? Those watching closely may have noticed how the market has 'picked up' over the last week or two. We've had more buyers than sellers for a while now, so that alone doesn't constitute a frenzy. In a low-inventory...
In Case of Tsunami
Designs Northwest Architects have recently completed the Tsunami House, located on Camano Island in Washington State. The Tsunami House is a waterfront home located on a 3,140 square foot site in a high velocity flood (V) zone on the northern end of Camano Island. The...
SD Markets in Tiers
Rich Toscano does a nice job dissecting the San Diego markets, and explaining the differences. An excerpt, plus one of five graphs from the VOSD: http://voiceofsandiego.org/2014/03/06/cheaper-homes-still-rebounding-fastest/ Cheaper homes have done a lot better in the...
San Diego’s Bid For Olympics
Will the Olympics be coming to San Diego?
More on Rich-Man’s Game
From the NAHB: http://eyeonhousing.org/2014/02/25/why-are-new-homes-getting-so-big-look-at-whos-buying-them/ Preliminary data provided to NAHB by the Census Bureau on the characteristics of homes started in 2013 show the trend toward larger homes continued unabated...
The Untouchables
These guys can probably claim to have played every venue in the state, including CSU Fullerton around 1982. From wiki: The Untouchables are a soul/mod revival band from the Silver Lake, Los Angeles, California area. Described by original lead singer Kevin Long as...