From our family to yours, Merry Christmas everyone!
Year: 2014
Nov/Dec Sales
For those who'd like some data to share over the holiday table, let's compare two months' worth of sales to help smooth out the extremes. Here are the combined November and December NSDCC detached-home sales: Year # of Sales Avg. Cost-per-SF Median SP 2011 396 $361/sf...
‘Axis of Housing Happiness’
Today's GDP report should make a few people giddy, but this guy is way ahead: Next year is going to be a great one for real estate, two pros in the sector told CNBC on Monday. For broker Fred Glick, it's all about jobs, oil prices and interest rates, which translate...
Joe Cocker, R.I.P.
From March, 1970, with Leon Russell on keyboards:
Spring is The Best Time to Sell?
Everyone believes that the best time to sell your house is springtime. But we threw out all the standard beliefs once the government stepped in and screwed up all the natural market forces. Looked how it turned out this year. If it weren't for a blip that caused...
Inventory Watch – Christmas
The average LP-per-sf is lower this week than the same week last year in every category below. The average DOM and average SF are worse too. Anyone who lists their home for sale this week has to be motivated - keep an eye out! The UNDER-$800,000 Market: Date NSDCC...
Most Expensive Homes, 2014
The most expensive SD County home sale in 2014 was the Robert Driver house, LINK, which sold to Danish watch makers. Here are America's priciest:
Born To Be Wild?
Doesn't there have to be a segment of baby boomers who are looking for adventure, and want to head out on the highway? If so, will the warmer-climate San Diego be a net gainer, or loser? If there is a senior exodus to free up money and lifestyle, it would make sense...
Thoughts on Early 2015
I get more optimistic every day about next year's market. Here's why, plus a few other ramblings:
Build What You Want
(before version above) Buying a fixer and doing a remodel is a viable alternative for those frustrated with trying to find a ready-made, suitable house: