Bill Davidson told us a couple years back that we are out of dirt. More on that: http://ourcitysd.com/what-will-our-housing-market-look-like-in-20-years/ If you think San Diego’s housing market is strained and pricey now, what will it be like in 20 years? Yes, feel...
Month: October 2015
Inventory Watch
People get excited about home prices going up or down based on the median price statistics, which are easily skewed. The explanations are humorous too, where the declines tend to be dismissed, and increases lauded (in bold below). From HW: According to...
‘Pay the Man’
These builders have been successful with their 'Modern Farmhouse' look (thanks TT!) in two different locations around Encinitas, where the surrounding neighbors were somewhat inferior. Without having the unique farmhouse look (and larger yards) to help propel the...
$1,000,000 Shack
The Silicon Valley market is on hyper-speed, but you have to wonder if the same trend is happening in slow motion around other tony coastal communities:
BOM
Have you seen the remark, "Back on market, no fault of property"? Well then........whose fault was it? The agents. Somebody allowed the buyers and sellers to believe they had a deal. Rarely is it intentional - and almost always it's due to a condition that could have...
New Estates in Encinitas
The "11 semi-custom and personalized estate homes designed with Agrarian inspired architecture" on the corner of Santa Fe and Lake in Encinitas are different than most new houses we see these days. The lots are 30,000sf to 53,000sf, and detached guest houses and...
Millennials vs Boomers
From the wapo: Millennials have tough new competition for the condominiums and apartments heating up the nation’s housing market: Mom and Dad. Roughly 10,000 baby boomers are retiring each day, and recent data shows that half of those who plan to move will downsize...
Gwen Stefani
Fullerton's own Gwen Stefani just divorced. She released this video yesterday:
Economic Driver
We will probably see more initiatives on the ballot about legalizing marijuana in California - maybe as soon as 2016? Look at the boost it has given Denver's real estate market - and paying wild premiums too:...
Alternative Qualifying
Braoden mortgage access to those who don't have a credit score? Counting income from those not on the loan? Traditionally, the term 'family member' has been a loosely-defined concept in mortgage qualifying. From the wsj.com:...