Sellers keep asking for more, and the trend is in their favor! The Case-Shiller Index is a lagging indicator - today's reading is measuring the spring kick, a blended number from March, April and May sales. The good news should continue though. Look back at last...
Month: July 2016
San Diego Skyline
White is Hot
From our friends at the wsj.com: In choosing the color of the year, the team at Benjamin Moore found that Mascarpone was too creamy and Ice Mist too frigid. In the end, Simply White OC-177 was just the right white for 2016. Never before had the New Jersey-based paint...
Inventory Watch
The new pendings have been a little weaker this month than in recent years. But we should have a couple of good weeks here, due to low rates, and price reductions - this is when sellers start thinking it's time to make a move. New NSDCC Pendings - Four Weekly Counts...
Thank You for Being Here!
I am very grateful to have so many in the audience - over 5,000 unique users per month! Thanks for being here! The age demographics are interesting too - 54% of you are between the ages of 25-44! Save
Fire
Today's photos of the Sand Fire reminded me of the day in RSF two years ago:
Libertarian Platform – Housing
The Libertarian Party has the best chance ever to get more than their usual 1% of the vote in November. Gary Johnson is looking like the middle-of-the-road candidate too, and here's how he could win:...
55+ Survey
Finally some real evidence on how the Bank of Mom and Dad has been influencing the real estate market - see the bold print: http://www.freddiemac.com/finance/report/20160608_55ers_significant_impact_housing_market.html With 55+ homeowners controlling almost two-thirds...
Micro-Housing
Here's another guy who insists on 'disrupting' real estate. While the mobile devices are handy, are people - especially the affluent baby-boomers who are making the real estate market, going to give up their more-traditional homestead to live in a 320sf tin can?...
Chinese Bank Files Lawsuit
The PC paranoia about foreign investors could get run over by determined bankers. Once they get momentum from a couple of successful cases, it could temper future investment. From the G&M (H/T SM):...