It was concerning that the NSDCC sales in March had dropped off considerably year-over-year. But we had a good bounce back in April - and when you look at the numbers this way, it's obvious that March, 2015 was unusually frothy: Monthly Detached-Home Sales, Carlsbad...
Month: May 2016
High on the Hill
We're a little low on videos currently so let's re-run an old favorite from February, 2009. This is the second-most viewed video from JimtheRealtor YouTube account, with 27,104 views! For those who have joined us in just the last couple of years, this was a typical...
Best Places to Retire
For most baby boomers, it takes leaving town to really make it worth selling. But where do you go? If you still want to stay around SoCal, places like Idyllwild, Julian, or Running Springs are all within a half-day drive. If you don't mind going further, places like...
Buffett Says No Bubble
For the vast majority of Americans who just skim the real estate headlines, a quote from Warren Buffett should keep the party rolling. But does he qualify as a cheerleader now that he owns one of the biggest realtor companies? And this photo they used - is that a...
Inventory Watch
The number of listings priced under $800,000 grew from 26 to 33 this week - an explosion of 27%. But seriously, the average LP/sf did get back up to $409/sf, which isn't the first time. The curious statistic is the cost-per-sf of the next category. Since we've been...
Dual Agency on the Ropes
If dual agency gets outlawed in California, wouldn't listing agents would just spoon the buyer side to a friend or spouse working for a different broker, rather than cough up half the fee? And if we're heading for single agency, does this complicate or encourage?...
San Diego Millennials #1
Hat tip to Eddie for sending in this article - more than half of the people leaving San Diego are millennials! But the article says it is the cost of living that runs people out, so it isn't just the millennials - it's everyone who finds the costs exorbitant:...