Read the full article on San Diego housing here: http://journal.firsttuesday.us/san-diego-housing-indicators-2/29246/ An excerpt: Before end users can provide sufficient support for the housing recovery, they will need to acquire income; and that means jobs and wage...
Month: February 2015
Kayla’s Korner
NSDCC January Sales
Though the MLS rules require that closed sales are reported within 48 hours, there will still be some late reporters of last month's closings. But these medians and averages should stay about the same: January # of Sales Median SP Avg $/sf Median DOM #Sales...
The Three O’Clock
In 1983, we tried to get the Motels to play at Cal State Fullerton, but they were getting too big, too fast. We ended up booking these guys instead, an up-and-coming L.A. band that fizzled right after - but did get back together for Coachella 2013 and is still...
San Diego is #1
While San Diego may not be the most expensive city to own a home, it is considered the least affordable. According to a study conducted by Realtor.com, San Diego ranks as the most unaffordable city in terms of real estate in relation to income. “In more than 90...
The Future of Real Estate Videos
This is probably the future of real estate videos - short movie-quality films that include small details of the home as well as neighborhood footage too. But it hasn't been enough to sell this house, now down to $23,950,000 and under the zestimate! I think touring a...
NSDCC January New Listings
We have had a remarkably consistent January the last three years, with virtually the same number of homes hitting the market. But in 2015, the number of new listings was 11% lower than last year - in spite of the median list price rising: January Number of New...
I’m Here to Help
Blog reader 'just some guy' mentioned today that when he first thought about buying a house, he assumed I would be too busy to help, or that I just work the upper prices ranges. He found out different - we stuck together for more than a year until he and his family...
Smaller Yards Preferred
A good discussion of the trend towards bigger houses on smaller lots - hat tip to daytrip! http://www.latimes.com/home/la-hm-0131-outdoor-space-20150131-story.html Excerpts: One point generally acknowledged is that many people today do not want the expense and hassle...
Inventory Watch – Selling Season!
The selling season is here! The inventory is only 4% higher today than the day after last year's Super Bowl, and mortgage rates are about 3/4% lower! Click on the link below for the complete NSDCC active-inventory data: The UNDER-$800,000 Market: Date NSDCC Active...