This year will be over in hours! How did we do? The San Diego Case-Shiller Index is 6.2% higher than it was 12 months ago (October to October readings), which beats just about everyone's expectations. But the tony north-coastal region (La Jolla to Carlsbad) had...
Year: 2015
TRID Problems?
Speed bumps like the TRID are going to derail those who aren't used to finding solutions - when problems occur, rarely does an easy answer fall in your lap. Get Good Help!
The Doors at the Hollywood Bowl
Listen to Ray, Robbie, and John talk about the only time the Doors played the Hollywood Bowl - Happy New Year:
2015 Sunsets
As part of the year-end wrap, let's get the sunsets off the editing-room floor!
Growing Inventory in 2016?
The year 2015 wraps up tomorrow! We saw last week that the annual count of NSDCC detached-home sales already exceeds the 2014 total. By the time the sales from this week are recorded (and the late-reporters chime in) the 2015 sales will be about 5% higher than last...
San Diego Case-Shiller Index, Oct. 2015
Some months we are going to have a set of homes sell that, as a group, were inferior to previous sets and won't pull the same prices. Or the market is falling apart, take your choice! The non-seasonally adjusted CSI for San Diego showed -0.32% decline in October, the...
Neverland Ranch For Sale
Thanks Susie for sending this in! http://www.latimes.com/business/realestate/hot-property/la-fi-hotprop-neverland-ranch-20151228-html-htmlstory.html Not just anyone can get in to see Michael Jackson’s former Neverland ranch, which is for sale at $100 million. Vetted...
Zillow San Diego Forecast 2016
Most national forecasts are predicting a 3% to 4% appreciation rate for 2016, which has to be a safe bet. If it comes in anywhere from -2% to +8%, you can say that you were close. Zillow has enough algorithms that they are willing to make predictions for each local...
Inventory Watch
A very typical Christmas week around the NSDCC region, where the median list price today is a whopping $2,195,000! We have the glutty higher-end where the average market time is 144 days (and still unsold), and a lower-end that is cleaned out! The 59 active listings...
When to Sell Your Home in 2016
Want to guess when the best time will be to sell your house in 2016? Let's reflect on recent history. The Big Frenzy of 2013 was super-charged by mortgage rates dropping into the low-3s during 4Q12. The low point for the 30Y conforming rate was 3.31% during the week...