If you are like most middle-aged guys, you are under constant attack - both real and imagined - about whether you still have it or not. I said something about how I used to keep my car back in the day, and some wondered whether there was any chance I could duplicate...
This is probably the least-likely time to get a lowball offer accepted in the history of the world, due to the lack of pressure on any seller - but for the next 2-3 weeks you might have a sliver of a chance. Once we get into December, the next selling season will be...
My new listing in Rancho Bernardo, listed on the range $699,000-$749,999: http://www.zillow.com/homedetails/17405-Montero-Rd-San-Diego-CA-92128/16740396_zpid/
With the Fed announcing the end of QE, the next concern is when they will start raising rates. Mortgage rates are only indirectly tied to any move the Fed might make - which usually means that mortgage rates will start inching up in advance. Here is a quote from...
We lost a great one in the past week - Jack Bruce of Cream died at age 71. Hat tip to MB for sending this in: http://www.bbc.com/news/uk-scotland-29772926
We've explored a few of the alternative groups of potential sellers, but none are emerging as major contributors. In a 'normalizing' market, it means we are back to the Big 3 sources of new listings; Death, Divorce, and Job Transfer. Carmel Valley doesn't have much...
Here's a tour of Richard's hot new Village Park listing in the heart of Encinitas:
We've gone negative! The Case-Shiller Index for San Diego declined 0.08% in August from the previous month. The sound bites won't mention that we're still up +5.07% year-to-date, which is a good eight-month run historically. Instead, buyers will be more inclined to...
In spite of a WFB survey showing that a third of Americans will not have enough money on which to survive during retirement - and me providing some recent sales data that might back it up - readers here were having nothing to do with the notion that we'd see an exodus...
The inventory count dropped 24 listings this week, which isn't many, considering it's the week of Halloween. Pendings haven't dropped a lick - scroll to very bottom. The UNDER-$800,000 Market: Date NSDCC Active Listings Avg. LP/sf DOM Avg SF November 25 95 $376/sf 47...
