Houses Are Selling Faster in San Diego County – what does that mean?
Month: March 2017
Amend Prop 13?
In spite of healthy property-tax increases on every property sold these days, the attack on Prop 13 continues. If we have such a problem with affordable housing, can we re-purpose or sell old government properties and use them instead? H/T daytrip:...
Del Mar Castle
The Del Mar Castle which sits on the top of a hill overlooking the ocean and the community of Del Mar was built in 1925 by Ruth and Marston Harding who relocated from Massachusetts. The Castle contains approximately 10,000 sq. ft. including a detached guest house. It...
Relief from Realtors
Hat tip to Richard: https://www.wsj.com/articles/jersey-city-creates-no-knock-registry-as-relief-from-realtors-1490741911 Longtime homeowners in Jersey City, N.J., are trying to put the kibosh on endless aggressive real estate solicitations sparked by a hot property...
Jason Mraz
A while back, I had this conversation: Wifey: Do you know who that was next to you in yoga class? Me: Hmmm, no who? Wifey: That was Jason Mraz! (apparently he is a Carlsbad regular)
Padres’ Tickets Contest
We're looking forward to the no-reserve auction of Matt Kemp's house on April 20th, and have four tickets to a Padres game for the person whose guess comes closest to the actual sales price (which will include the auction premium). Kemp has $12,000,000 invested. Here...
My New Listing in The Harbor Club
Are you looking for a larger downtown condo with premium upgrades, walls of glass, and close to all? Check out this 2br/2ba, 1,624sf single-level home with renovated kitchen, hardwood floors, marble and granite baths, custom sound and lighting, and extra-large MBR...
San Diego Case-Shiller Index, January
After five months of flatsville, our local non-seasonally adjusted San Diego Case-Shiller Index took off in January, up 0.8% month-over-month! It was the highest increase of any metro area! We usually see the biggest pops in spring, so stay tuned. Blitzy doesn't...
Contest for 4 Padres Tickets
Let's have a contest for Padres tickets! Guess the sales price of Matt Kemp's house being auctioned April 20th with no reserve! He paid $9,075,000 in 2013, and it has been listed for $11,500,000. The person with the closest guess will receive 4 tickets to a Padres...
Will The Real Estate Bubble Pop Again?
Our local home prices have risen so quickly that it feels like we're in 'bubble' conditions again - could the bubble burst this time? The last two times the real estate bubble has popped, it was due to banks having to offload their foreclosed properties for whatever...