It was a good week - as the best buys get snapped up, it makes the OPTs more obvious. But in the hottest areas, it makes them the only listings still standing: The UNDER-$800,000 Market: Date NSDCC Active Listings Avg. LP/sf DOM Avg SF November 25 95 $376/sf 47...
Month: August 2014
Doobie Bro
With my content further diminished by the drone crash, I'll be finding my way to new topics. Hang in there!
Bubble-Burst Less Likely
Someone asked me if I thought the bubble will burst again. I said no. Not in the same way that the previous two bubbles have ended - with foreclosures driving down prices across the board. Why? Because of these reasons: 1. The Foreclosure Process Has Been...
More Real Estate Crowdfunding
Once crowdfunding for real estate catches on, we could see a whole new type of bubble - one that is less personal and investors can shrug off - From BI: In the current environment of low interest rates, investors are scrambling for yield, and many have turned to real...
NAR Gem
From realtor.org: http://speakingofrealestate.blogs.realtor.org/2014/08/08/whats-the-future-of-real-estate/ In 1991, the National Association of REALTORS® made an “office of the future” video predicting what kinds of space-age technologies would change the home buying...
Mellow Down Easy
Sales got off to a slower start this year, and the average pricing around San Diego's north coastal region (La Jolla to Carlsbad) is now looking for a foothold:
Drone Search and Rescue
Yesterday's search and rescue efforts were suspended because of darkness, but a second effort was launched today. The drone was recovered, though worse for wear, and the video of the last flight was corrupted, unfortunately:
More Guessing
Hat tip to Richard for sending in this article: http://realestate.msn.com/blogs/post--report-20-percent-of-homes-to-lose-value#scpshrjmd The housing market has bounced back dramatically since the 2008 recession, but conditions have started to slow, a new survey says....
Mamas and the Papas
Comment if this song had anything to do with you wanting to live in California. P.S. Abolish the lottery.
The Market is Great
We've seen the local San Diego Case-Shiller Index rise from 144.43 in April, 2009 to the most recent reading of 201.85 in May, 2014. A whopping 40% increase in just five years. What a ride! Yet all we hear from the media is that the housing market is faltering, sales...