How 'cooking' is it? In NE Carlsbad, Solana Beach, East Rancho Bernardo, and Rancho Penasquitos there are more houses pending than active - that's scorching hot. Places where the Actives-to-Pendings are better than a 2:1 ratio are doing well. Here are the stats in...
Buyers are hitting the streets in full force now. We've had 60+ new pendings for three weeks in a row, which hasn't happened since July. Of the 63 new pendings this week, eleven had been on the market less than 7 days, and eight had been on the market for more than...
I don't have a dog in this race, I just like seeing people getting involved in their community. KPBS has both sides of the debate here: http://www.kpbs.org/news/2015/feb/21/sides-debate-merits-one-paseo-carmel-valley/
It used to make sense that the higher prices went, the more people would sell. But now here we are at all-time high prices, and not many are interested. It must be due to the lack of other options - not selling looks better than selling. New Detached-Home Listings...
A brief tour of one of the nicest homes in Solana Beach - LINK:
Analyst Chris Thornberg doesn't think this is a bubble market, and suggested that you should go buy anything you can get your hands on. While the current environment may have the same frenzy/intensity of the last bubble, there are three reasons it won't blow up like...
A glimpse of the Aviara one-story coastal estate (update: we have interested parties, no offers), a view you don't see too often, and some general tips taped a couple of weeks ago:
This article is talking about Oakland, California, but these conditions exist up and down the coast. Thornberg has been one of the more level-headed bubble analysts: http://ww2.kqed.org/news/2015/02/18/is-the-bay-area-in-a-bubble-and-will-it-burst An excerpt: “This...
Here is the KPBS report: http://www.kpbs.org/news/2015/feb/18/one-paseo/
If you thought their performance at the Grammys was flat and felt like slow motion, it's because ELO didn't have their lead violinist playing. She is front and center here in last year's much better version:
