Dogs are people too! A few examples of how dogs influence real estate decisions. H/T to daytrip: http://www.nytimes.com/2016/08/21/realestate/when-the-dog-decides-where-you-live.html?_r=0 Two excerpts: “These are people who have a great deal of empathy,” Dr. Kagle...
Month: August 2016
Zillow: “Is The Party Over?”
Zillow is the latest to suggest that the 'market' might be slowing. But looking at their own graph, it looks like the monthly percent change begins to decline every year at the end of summer. The second graph also shows that sales are at a new peak - if it fell off a...
Inventory Watch
There has been more hubbub about the market changing, but around San Diego, the stats look solid and remarkably similar to previous years. Our NSDCC new pendings are staying in a tight range - in the 60s for the last six weeks straight, and generally the inventory is...
Real Estate Investing
If you’re closing in on retirement, trying to put your money to work in a zero interest rate world is not an easy job. Financial writers and gurus are obsessed with the stock and bond markets. But despite the lack of attention, many Americans have fallen in love with...
Pop-Up Staging
This might work at the entry level, but higher-priced homes deserve the full treatment: Pop-up staging, a new, inexpensive method that can eliminate the cost of not only hiring a stager, but also renting, transporting and storing décor and furniture. Flat-pack pieces...
CCC vs. Private Property Owners
An interesting case underway in Santa Ana over whether oceanfront property owners have the right to protect their property. According to PLF attorney (and good friend) Larry Salzman, it was a good day in court yesterday:
Pot in Real Estate Listings
How much longer before we see cannabis in our listings? A horse in a kitchen. A dog posing in the bathtub. A blowup doll in clothes sprawled out on the floor. A basement S&M dungeon. Nude photographs decorating walls, and stripper poles. Estately has seen a lot in...
California Mortgage-Debt Tax Relief
California used to lead the nation in exempting mortgage-debt relief from taxation. But the latest extension of that law was defeated, leaving short-sellers and those being foreclosed in a prickly position - do they hang in there now? The reason the bill died is...
San Diego Tiered Pricing
I wish they had a fourth tier... http://journal.firsttuesday.us/california-tiered-home-pricing-2/1592/
NSDCC Actives/Pendings
In June, we checked the local markets by comparing their active-to-pending ratios, which historically have been relatively 'healthy' when around 2.0. Since then, the ratios in four of the eleven areas have improved (gone lower), including Del Mar, La Jolla and Rancho...