The baby boomer generation is huge, roughly 78 million Americans born between the years of 1946 and 1964. The oldest are just turning 70 and the youngest are just 52 (and usually denying that they are even baby boomers.) It’s a big spread. But one thing they all have...
Month: January 2017
NSDCC January Sales
Home sales in North San Diego County are keeping up.
San Diego Case-Shiller Index
Our local San Diego Case-Shiller Index has risen 1.2% in the last six months, which makes for an easy equation. Houses should be selling for about the same as what the last guy got. San Diego Non-Seasonally-Adjusted CSI changes: Month CSI-SD M-o-M chg Y-o-Y chg...
Home Elevators
For those who would stay in their home if they could figure out how to travel between floors, a residential elevator might be for you. Here is a simple installation and operation: They typically run $20,000 to $50,000.
Inventory Watch
We are already wrapping up the first month of 2017! It doesn't look like we will get close to 400 listings this month, which has been the usual number. If we only get up to 380, it will be 15% fewer than last year: NSDCC New Listings in January Year January...
Tax Tips for Homeowners
Your home is your castle, and it is also a source of tax deductions. Yet, every year, Americans let these potential tax deductions pass by, not realizing how to take advantage of them. IRS Publication 530, titled "Tax Information for Homeowners", can fill you in on...
Futuristic Mortgages are Here
The Gaylord-Hansen Team of Caliber Home Loans had a seminar yesterday to discuss the details of their mortgage of the future - and they have it now! The goal is to make the obtaining of a mortgage completely digital, and gather the documentation needed to fund a loan...
The Old Closet Blues
NSDCC Sales
There have been press releases this week about December sales being down, and our cheerleader was happy to blame the higher rates and low inventory: Lawrence Yun, NAR chief economist, says the housing market's best year since the Great Recession ended on a healthy but...
Trump Effect on 1031 Exchanges
The republicans have 1031 tax-deferred exchanges on the chopping block – can’t you give us some time to digest these moves?