Here is some real bubble talk - by experts! In the last four years housing prices, according to CoreLogic's Home Price Index (HPI) have risen 40 percent. So, are we heading toward a repeat of the 2005-2006 housing bubble? In a two-part analysis in the current issue...
Month: October 2016
NSDCC September Sales and Pricing
At the beginning of September, I said that the local market felt hot enough that we could pass the August numbers. Last month had two fewer business days than August, but even if you factor that in, we didn't quite make it - but with that surge of new pendings we...
La Jolla Coast
The coastline is very accessible around La Jolla Cove, if you can just find a place to park. I've been to the caves - to the left in cover shot below - by going through the Cave Store, but the kayak version looks exciting too. A guide:...
Inventory Watch
It's not just the weather that's hot - another 69 new pendings this week! Here is how we compare to previous years: Number of New Pendings, Last Five Weeks Year New Pendings, Last Five Weeks 2013 314 2014 260 2015 264 2016 333 An increase of 26% over last year - and...
More on Real Estate Disrupters
The latimes.com gave free publicity to a couple of real estate start-ups here: http://www.latimes.com/business/la-fi-ditch-the-real-estate-agent-20161001-snap-story.html Let's examine piece by piece: Real estate agents used to be privy to a lot of information that...