Now that they are relying on advertising income from realtors, the CEO is sucking up to agents regularly now. On his website, he titled this video presentation "Why Real Estate Agents Are Important Now and Forever". While his reasoning sounds accurate, it sorta feels...
Month: April 2014
Buying-Difficulty Gauge
Last week we saw that San Diego was #1 in the nation for least affordable housing compared to the renter's median income. This article ranks the Top 10 cities in America by median list price, with the highest eight cities all located in California (San Diego is #7):...
Inventory Watch – No Change
Tax day, Easter, and spring breaks are complete (or wrapping up), but no sign of a surge in new listings. People don't want to move, and it's not just San Diego! North SD County's Coastal Region (La Jolla-to-Carlsbad) The UNDER-$800,000 Market: Date NSDCC Active...
‘Dare Me To Move’
A couple of drone leftovers, a rant on price vs. conditions, plus two music videos from last weekend:
Happy Easter
HT - Daytrip, Happy Easter to you and your family! A story about buy-and-hold, which is highly recommended (buy as many houses as you have kids, in case prices get way out of hand)....
Drone at Moonlight
The seagull view over Moonlight Beach:
San Diego is #1
Of the top 25 metro areas in America, San Diego is the least affordable, according to this report from Zach Fox at SNL (and formerly of the North County Times): http://www.snl.com/InteractiveX/Article.aspx?cdid=A-27562902-13864 An excerpt: Housing prices have enjoyed...
Drone at Robertson Ranch
Those who live near the new Sage Creek High School in north Carlsbad will have another large new-home tract beginning shortly. The West Village of Robertson Ranch was recently acquired by Toll Brothers, and they expect to be selling new homes there in 2015. Shapell...
Selective Foreclosure
From RealtyTrac: http://www.realtytrac.com/content/foreclosure-market-report/q1-2014-home-equity-and-underwater-report-8037 “The relatively high percentage of foreclosures with equity is surprising to many because it would seem homeowners with equity could easily...
Fewer Low-Priced Homes For Sale
I like this reporting - instead of speculating with the usual mumbo-jumbo about why sales are slower, Madeline states a fact: While the price of a California home rose to a level not seen in six years, it didn’t drive buyers out of the market. In March, the median...