A bird's eye view of Del Mar:
Drone Del Mar
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Month: April 2014
No Inventory Surge…Yet
Yesterday reader Mozart mentioned how the inventory number had spiked over at the Department of Numbers: http://www.deptofnumbers.com/asking-prices/california/san-diego/ But the 36% increase is a mistake - today, there are 6,575 detached and attached active listings...
Freeway Estates Tour
Phase 1 was released last Saturday with six homes available, and it doesn't look like they sold any yet (the hostess didn't know):
Warren Zevon
A guy who left us too soon - from wiki: http://en.wikipedia.org/wiki/Warren_Zevon By September 1975, Zevon had returned to Los Angeles, where he roomed with then-unknown Stevie Nicks and Lindsey Buckingham. There, he collaborated with Jackson Browne, who in 1976...
San Diego Sales & Prices
Here is the March sales activity reported in a fairly unbiased manner. But the realtors blamed year-over-year drop on winter? From KPBS: http://www.kpbs.org/news/2014/apr/08/san-diego-real-estate-market-shows-improvement/ Real estate in San Diego regained some ground...
Lower-Level Frenzy
The media will soon be touting the year-over-year drop in home sales. Around here it is mostly due to the lack of decent homes for sale - and if you want a decent home for a decent price, good luck. But the glass-half-full view notes how remarkable sales have been,...
Why You Need Good Help
Today's real estate market already suffers from having fewer sales to use when evaluating other properties. We've seen how some buyers, particularly those using Big Cash are paying prices that are hard to justify using traditional methods. As a result, the comps are...
Inventory Watch
The NSDCC detached-home sales count for March is currently at 215, which is 28% fewer sales than in March, 2013, and the lowest March count since 2009. The San Diego County count is 20% below last year, and if those stats are similar around the country, look for the...
Frenzy Comparison
Today's open house report on my 1,424sf listing in Encinitas, and my thoughts about today's market conditions as they compare to last year's frenzy:
Saturday Open House Report
There were enough open houses in the area that the streets of Encinitas were crawling with people today. Thankfully, my listing was the cheapest! I appreciate the big turnout for Padres-tickets contest too, and for 47 of the 48 guesses being higher than list price -...
