The slowdown has begun: 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 Oct 23 64 42 Oct 30 55 43 We had eleven fewer new pendings last year...
Year: 2017
Local Design/Remodeling
Rebecca is a local designer with an impressive YouTube audience - her channel has 571,000 subscribers! Here is some of her work in Del Mar:
Tax Reform?
The California Association of Realtors is pushing realtors to object to the Big Six tax reform. Here are the reasons why: C.A.R. OPPOSES the Tax Reform Proposal Because: We must reverse the decline in California’s homeownership rate. For over 100 years Congress has...
CDM For Sale $24,000,000
https://www.zillow.com/homedetails/4501-Camden-Dr-Corona-Del-Mar-CA-92625/25503457_zpid/
San Diego #10 Unaffordable
This chart from real estate firm Point2Homes ranks cities by their "median multiple" — the median home price divided by median household income. Take Vancouver, which tops the unaffordability list and has a median home sale price 17.3 times higher than the median...
SB Golf Frontage
This sold for $1,139,000 cash on 8/30/17:
Baby-Boomer Housing
These responses point to a massive downsizing trend! From realtor.com: LINK It's all about millennials these days. Everything seems to center around these special snowflakes. But what about the original "me" generation? We're talking about baby boomers, of course....
Voodoo Cadillac
SCOTS's music is generally very upbeat, as they usually write and perform songs about dancing, sex, and fried chicken, which are main themes in songs such as "Cheap Motels," "Soul City," and "Eight Piece Box." They are known for their live shows, which often include...
Can It Continue?
When you look at our local incomes/wages and other traditional metrics, it is hard to make sense of how the market keeps going. But it has! How does that happen? There are three sources of buyers that don't rely on a regular job to buy. We see younger buyers being...
Treehouse Vibe
It's only money! LINK San Francisco's housing market is so out of control, the new owners of a cavernous hillside home in the city offered nearly $1 million over asking in order to pre-empt a bidding war. 1 Miguel Street went into contract after just two days on the...