The stretch between La Jolla and Carlsbad is an affluent area! Below is the annual number of houses sold for $1,000,000 or more - and 2015 still has six weeks to go with 214 sales pending! Just the sheer number of higher-end sales is impressive. General median...
Have you noticed that some listings aren't on the real estate portals? There are two ways that it can happen. There used to be an agreement between our MLS company, Sandicor, and Zillow/Trulia, to upload our listings automatically. But as a result of a dispute...
I said I'd do another tour of La Jolla, but there's a lot to see. Let's call this the first half:
The Zillow folks offered up their forecast for the San Diego area. Below is the actual change in their home-value index for the 12 months ending in September, and then their forecast for 2016: Are we heading for flatsville? Let's see how they did last year. These...
This looks like a fairly safe forecast - I'll take the under. From HW: Goldman Sachs sent an email to clients advising that growth in residential investments through 2016 will be solid, though not as strong as they originally hoped. Plus, this growth will likely...
There have been 54 major earthquakes in California since 1900, defined as an earthquake of at least magnitude 6.5, and/or causing loss of life or property damage greater than $200,000, according to the California Geological Survey. The last major earthquake was a...
If you would have told me that Johnny Rotten was still alive, I would have said "No way". But he is, and still performing with his second major band, PIL - how many punk rockers can say that? Here's how he looked as one of the Sex Pistols in 1978 when he was...
The speaker yesterday mentioned that Zillow did a survey a while back and asked, 'What is your favorite real estate website?" Amazon came in 5th place. But Amazon doesn't offer a real estate website. Remember when you would never send your credit card data over the...
The Z team was in town today. Here is a video of their presentation of the SD stats, plus Doug Harwood and myself discussing the future. My comments were based on this piece:...
Bidding wars provide several advantages to home sellers, centering around the additional leverage they enjoy during the negotiations. But not every seller gets to experience the thrill. How about those sellers who aren't receiving any offers? First, decide if you...
