I heard of a 16-year old today who didn't know about Pearl Harbor! The Japanese attack on Pearl Harbor 75 years ago was one of the most significant events in world history - it brought America into World War II. There were 2,403 American lives that were lost, and...
Year: 2016
Trump Tower and Realtors
Hat tip to MM! http://www.politico.com/story/2016/12/trump-tower-secret-service-amenities-232216 The U.S. Secret Service is the hot, new “amenity” at Trump Tower, where desperate brokers are trying to lure well-heeled clients into the building on Fifth Avenue that has...
Climate Change and Real Estate
This comes from the nytimes.com, not me: http://www.nytimes.com/2016/11/24/science/global-warming-coastal-real-estate.html MIAMI — Real estate agents looking to sell coastal properties usually focus on one thing: how close the home is to the water’s edge. But buyers...
NSDCC November Sales
Here's the update on last month. There were two fewer business days in 2014, and one less business day in 2013 and 2015 (same # in 2012). With both sales AND pricing being this strong, the momentum should carry over to 2017.....and I think we'll get off to a fast...
Enjoy Life
Retire At Sea
Maybe you don't have to worry about where to move - just float around! H/T Daytrip! Retirement has often been synonymous with quietly living out your golden years in a sunny climate. But for a more adventurous breed of retirees, the end of work life opens a door to a...
Inventory Watch
We had 86 new listings this week, which is close to double the norm for the first week of December. But there were a bunch of listings that expired - the net gain was only +15 after the 47 new pendings. There were actually 9% fewer cancelled, expired, and withdrawn...
Swimming-Pool Removal
This is the link to the previous work by this pool-removal company: https://youtu.be/xfCdIz4u06E
NSDCC Actives/Pendings Ratio
Historically we have considered our market to be relatively ‘healthy’ when the actives-to-pendings ratio is around 2.0. Here are the latest ratios for the detached-home market from La Jolla to Carlsbad: Reading Date Active Listings Pending Listings Ratio Oct 28, 2015...
Most Realtors Don’t Sell
There are 80,000 realtors in CRMLS - Art Carter is the CEO. Here's what he had to say about agent productivity: But many of the MLS’s 14,000 or so member firms have no listings, he added. The vast majority of the firms are one-man offices. “Typically, only about 48...