The folks at Trulia sent over their 2016 housing predictions: http://www.trulia.com/blog/trends/2016-housing-predictions/ They had the Harris Poll conduct surveys to assist with the research. The responses from renters were the most interesting. It appears that the...
Year: 2015
More Crowdfunding
Crowdfunding is getting bigger and more diverse, and it gives an investment vehicle to those who can't - or don't want to - put all their eggs in one basket and buy properties individually. This company opened an eREIT, did an interview with Forbes, and, in one day,...
San Diego #3 Hottest Market
This guy doesn't come off any better than Yunnie, and you get the feeling they both are just talking their book. He doesn't go detail about his rankings, but he has the San Diego-Carlsbad region rated #3 in the Top 10 of the hottest markets in the country! From...
New Listings Up
Below is an interactive chart showing the active listings - each data point is three months of activity. Currently the inventory is lower than in previous years, in spite of the higher prices - a trend we have been experiencing lately: However, this chart shows that...
C.L.U.E. Reports
What is C.L.U.E? It's the little black book of claim records that the insurance industry keeps on its clients and their properties. It is the Carfax for insurance claims: CLUE (Comprehensive Loss Underwriting Exchange) is a claims-information report generated by...
Cape Dutch
I'm a little low on videos - hey, it's December! Here's a tour of a house in Silicon Valley that sold for $8,770,000 just 13 months ago, and the zestimate today is already up to $15 million!
The New Subprime
The mass defaults haven't happened yet, but old cronys from Countrywide who are funding loans that are insured by FHA does sound sketchy. From the latimes.com: PennyMac, AmeriHome Mortgage and Stearns Lending have several things in common. All are among the nation's...
Best Days for Online Home Looking
Sundays are the favorite day to look at homes online. From realtor.com: So what is the true Black Friday of the housing business? Here’s a holiday shocker: Dec. 28 was actually one of the busiest days for real estate searches in the entire year, despite the fact that...
‘Drive Until You Qualify’
We know that we're running out of land in San Diego County - here's a story from the VOSD about Americans going to Tijuana for real estate development. An excerpt: “What is really misunderstood is that Tijuana is very important to San Diego. It’s actually where our...
Inventory Watch
Thanksgiving week is traditionally one of the slowest weeks of the year for new listings to hit the market. But demand is steady - there were more new pendings (42) than new listings (35), and one of my buyers got caught up in a bidding war that culminated on...