Let's expand on yesterday's post. Why does it matter if the media keeps missing the story? They keep insisting that home sales have slowed due to issues on the buyer-side of the equation. But that isn't what you see on the street. Here's what we keep hearing over...
Year: 2014
La Costa Film Festival
Some of us nobodys who hope to be in a film festival someday will appreciate this weekend's La Costa Film Festival, which is underway: http://lacostafilmfestival.org/2014-film-program/2014-schedule/ It looks like a great collection of films, and The Signal Hill Speed...
Paul McCartney
For those who are thinking they would love a monthly newsletter, but are unsure of what to expect from Paul McCartney if they won the tickets - here's an example from last month at Dodger Stadium. There aren't many 72-year olds making music like this today: Forty...
Just Say It
I like Sean and enjoy his high-quality website - and their monthly report. But they fall into the same rut as the ivory-tower guys when they want to blame the changes in market activity on non-players. The priced-out buyers do not make the market - they don't have a...
Petco Seats
The two tickets to see Sir Paul at Petco Park are in Field Box 112, Row 11, where this photo was taken - the stage will be in center field. The winners will be sitting above the people on the field, and about eye level with Paul! Two other photos taken yesterday -...
Join Jim’s Club!
To help build the Jim's Club membership, we're having a drawing for two tickets to the Paul McCartney show at Petco Park! For those who would like to receive my monthly newsletter by email, click on the image above, register your email address and check the yes box,...
SD Market Trends
The graph above shows how San Diego home buyers have been more patient since rates went up last summer. They finally conceded some ground, pricewise, over the last couple of months to log a 8.8% increase in the median $/sf year-over-year, but it was flatlining for...
More on the Wait-It-Out Plan
I just noticed this article from Friday's latimes.com: http://www.latimes.com/business/realestate/la-fi-home-prices-20140912-story.html An excerpt: Silva said some of his clients are receptive to the idea of cutting prices to sell their homes. But some sellers --...
Inventory Watch Mid-September
Great - the Chargers knock off the champs, and now everyone going to be watching football on Sundays, instead of buying houses! The UNDER-$800,000 Market: Date NSDCC Active Listings Avg. LP/sf DOM Avg SF November 25 95 $376/sf 47 1,988sf December 2 79 $371/sf 50...
Keep Trying to Sell, Or Cancel?
As we slide into the "off-season", sellers are left with the dilemma: Should they keep loitering on the MLS, or cancel the listing and wait for better times. Here are both sides of the coin: STAY ON THE MARKET 1. You've Come This Far - It is a hassle to keep the house...