Good to see the California crash of the early 1990s get a mention here. It was a hum-dinger for its time - but they note below that the full recovery only took eight years too. http://www.mortgagenewsdaily.com/10122017_home_prices.asp With home prices nearly back to...
Among others, Chris referred his mother-in-law to me!
The 2018 forecast from the California Association of Realtors is out, and they are towing the company line as usual. They expect the statewide sales to increase 1% and the California median sales price to rise 4.2% next year. How is San Diego County doing this year?...
A quieter week but still plenty of new pendings: Week New Listings New Pendings Aug 7 99 71 Aug 14 76 65 Aug 21 83 62 Aug 28 96 60 Sept 4 74 71 Sept 11 81 42 Sept 18 77 47 Sept 25 67 59 Oct 2 71 61 Oct 9 96 63 Oct 16 72 51 Today's NSDCC median list price: $2,300,000...
A tour of some old Chevys:
Coming to a neighborhood near you....some day! From cnbc.com: LINK Jeff Swaney is worried about selling his 5,600-square-foot home one day. In his neighborhood south of Atlanta, demand and prices for large ranch houses like his have declined over the last decade, as...
What a flip! This sold for $4,100,000 in 2014, was rebuilt, and then sold for $10,700,000 two years later: https://www.zillow.com/homedetails/4533-Orrington-Rd-Corona-Dl-Mar-CA-92625/25503497_zpid/
Add house-flippers to Goldman Sachs' ever-expanding roster of potential clients as the Wall Street firm hunts for new ways to make money. Lending has taken an increasingly higher profile at Goldman, where once-prominent trading desks have had their wings clipped by...
A reminder that fires can hit close to home too - be prepared: http://www.latimes.com/business/la-fi-richfire26oct26-story.html
An article that details some of the impact from the fires. The area had a 1% vacancy rate, so for people who got burned out, there is no place to go. If only half of the residents rebuild, then there will be ample opportunities for new people to get in, but at what...
