As money and affluence continue to invade the coasts, those not so fortunate will be making choices. Warning to all who are thinking about leaving California - it is virtually impossible to move back. But you can always visit!...
Month: August 2016
Chargers Stadium Vote
Poll finds 39% of voters support Chargers' stadium plan. https://t.co/IAJTwXcc4Z — Times of San Diego (@TimesofSanDiego) August 26, 2016
Carlsbad New Homes 2016
Another look at new-home tracts and their success this year:
Rates Are Steady
Janet Yellen has spoken today - but no big shocks: The possibility of a December hike, around 50 percent before Yellen's remarks, moved up to 53.5 percent, according to the CME. However, the market continues to doubt anything happening in September, which has just an...
Canada Real Estate
Sound familiar? A year ago, when Bank of Canada Governor Stephen Poloz cut interest rates for the second time in six months, we knew we’d have to take the bad with the good. Slashing the bank’s overnight rate in half to 0.5 per cent would surely further inflate...
$2 Million+ Cash Sales
Here are the new parameters for those big cash deals - it looks like a trial run during the off-season? But at least there are fines and prison time if they can catch anybody. Thanks Michele and Alonzo at Ticor Title: Save
New Homes Are Hot
In spite of higher prices, our market stats look pretty good - and they don't include most of the new-home sales either, which have been cooking. Here are a couple of examples:
The Tragically Hip
The Pearl Jam shows at Fenway Park and Wrigley Field were likely candidates for Wednesday Rock Blogging this week, but you have to admire this guy who wrapped up his tour, and his career with this song. The lead singer has been diagnosed with brain cancer, and this is...
Existing Home Sales, July, 2016
Our N.A.R. head cheerleader does his best at fabricating a believable story behind the 3.2% drop in existing-home sales: Lawrence Yun, N.A.R. chief economist, says existing sales fell off track in July, after steadily climbing the last four months. "Severely...
Freeway Solution
Trying to get back into video production after a three-week layoff: