Our local San Diego Case-Shiller Index sure has settled down. In the last five months, the index has only risen 0.8%. The index is so flat it seems suspicious. It is a three-month weighted average, but that also means a whole new set of home sales are added every...
This is a great example of the entry level of Carmel Valley detached-homes. A typical 3br/2.5ba, 1,763sf tract house from 1986 - it listed for $895,000, and sold in six days for $890,000, or $505/sf:
Another video with commentary for my buyers. The list price of this remodeled 3-bedroom/3 bath, 2,252sf one-story house was $899,000 - $949,000. It closed last week for $975,000:
The talking heads loved the dip in Pending Sales today, but if there isn't enough decent homes to sell, then sales will go down. If there was a big surge of new listings that accompanied a drop in sales, then you can look for the panic button - not before. You can see...
If prices dipped 10% for ANY reason, buyers would be ecstatic.....and sellers would still fetch near-record prices - no disaster there. If supply surged and demand waned, it would have the biggest impact on the inferior homes first. LINK to article. In San Francisco,...
419 Parkwood Lane, Encinitas, CA 92024 is listed by our friend Wendy Denny, and it is priced at $2,499,900. Spectacular new custom construction Leucadia modern home west of I-5 on private cul de sac. Four bedrooms including two master suites plus two bonus rooms....
Perception is more important than the reality....if buyers read this stuff and decide to wait-and-see, then we could have a problem. But every day we are inundated with breaking news - this story will be forgotten by tomorrow. Hat tip daytrip! LINK to WSJ article...
These guys have been building the light, open, modern look up and down the coast, and providing a great custom product. This one can be yours for $11,000,000! Here's how it looked in the N.Y. Times:...
Twelve of the Top 100 high schools in the state are in San Diego County! 7. Canyon Crest Academy 10. Westview 18. Torrey Pines 21. Del Norte 39. San Dieguito Academy 67. Mt Carmel 71. Rancho Bernardo 73. Poway 75. Helix 76. Olympian 85. Mission Vista 100. University...
The housing market in San Diego County is hopping!
