Yesterday we saw Diana rolling out the new 'Recovery Watch Map': https://www.bubbleinfo.com/2014/11/06/recovery-map/ She mentioned that the supply of San Diego homes for sale has risen a "whopping 31%" year-over-year, and in an instant judgment, says, "You can bet...
We lost our other TV-news favorite - Larry Himmel passed away from brain cancer on Wednesday. We remember him reporting on his own house burning down in the 2007 Witch Creek Fire: http://youtu.be/zKGF2bbxQ6E Here is his report 14 months later while touring his...
We saw this week that the local seasonally-adjusted Case-Shiller Index has been trending negative since April. Here we see how the recent gains have been driven by the lower-end properties: The difference could simply be a percentage thing - a home's value that goes...
The NAR convention starts tomorrow in New Orleans, and for those who would like a preview - and want a peek behind the NAR curtain - read this great post by the Notorious Rob: http://www.notorious-rob.com/2014/11/04/things-to-watch-for-at-nar-new-orleans/
San Diego is mentioned in this cnbc piece, which wraps up with a quote that could become a self-fulfilling prophecy - "Buyers are in the drivers seat": http://www.cnbc.com/id/102150840
There will still be a few stragglers, but the October numbers are shaping up as expected - fewer sales but healthy pricing. The frenzy was zooming by the end of 2012, but it was settling down by October 2013 after rates popped that June. Here are the last 11 NSDCC...
The folks at Case-Shiller used to publish both the seasonally-adjusted, and non-seasonally-adjusted numbers, but lately they have just gone with the non-seasonally-adjusted only. The non-seasonally-adjusted index just posted its first month-over-month decline, but...
Hat tip to daytrip for sending this in: http://www.latimes.com/business/realestate/la-fi-chinese-agents-20141101-story.html Excerpts: "At first, they were a little leery," she recalled. "They'd say, 'OK. I'll buy one property as an investment.' Six months later they...
Stefan Antoni Olmesdahl Truen Architects and Antoni Associates have designed a home for a family in Knysna, South Africa. “The brief was to create a home for a Johannesburg based family that could eventually be used as a family home but would initially be used for...
Hat tip to shadash for sending in this wsj.com article: http://blogs.wsj.com/economics/2014/11/03/share-of-first-time-home-buyers-hits-27-year-low/ Here are excerpts: Advocates of looser lending standards may point to the NAR’s latest survey to highlight problems on...
