Another increase in rates today but the rate-setters for the mortgage companies have to be a bit gun-shy, and as a result, there is probably at least an 1/8 of a point priced in. Once we get past the Fed meeting that's underway and Trump's State of the Union...
Month: January 2018
onestorysandiego.com
You've probably seen how hot the one-story market has been lately. Baby-boomers prefer no stairs, and typically insist on a single-level home only. Hence the supply and demand is out of whack, and very frustrating for the potential buyers. Of the already-low...
Inventory Watch
Now that we're keeping track of the total-pendings count, we can see the weekly trends and anticipate the short-term effects. So far, we're off to what looks like a good start for houses selling between La Jolla and Carlsbad: Week Total NSDCC Pendings Diff % Jan 1 222...
One-Story Houses For Sale
This is how I can help home buyers search more effectively for one-story houses, which have been a hot ticket lately. Not only will you be able to preview the newest listings by video, but also hear our opinions about them and how you can take advantage. Below is a...
Other Pendings
As can be expected, the nicer one-story houses on the lower end are popular - these went pending right away: 4310 La Portalada, Carlsbad 3br/2ba, 1,408sf listed for $715,000: 2640 Vistosa, Old La Costa - $1,025,000: This has all the right things going right -...
Torrey Pines Paragliding
Those who took in the pro golf and spectacular weather at Torrey Pines today also saw a number of paragliders in the background. It reminded me of our reader Murph checking out the bluff-front houses: Here's how he described his close calls: During my “formative”...
Interview with Alan
Hear some of the important insights on local real estate trends on a macro and micro level. Hat tip Tom T! 12:05-mark: Alan mentions that there are 35 new-home tracts in Otay Ranch, and at the end of the year there were only three homes for sale. 12:35: Biggest...
Remodeling Cost vs. Value
There has to be a lot of guesswork on these, so tread carefully. If you want the specific survey for San Diego, it can be found at Remodeling Magazine - they have declared it as too special to be re-produced on the internet. I'll give an example - an upscale master...
#WeAllCount
I got an early start this morning and joined the nationwide annual event of counting our homeless population. About 50 volunteers met at the Encinitas headquarters of the Community Resource Center on Second Street downtown at 4:00am today. We split up into...
Shake It Off?
Is there a signed commission agreement? H/T Richard! There’s bad blood between Taylor Swift and a Manhattan real estate broker, who claims the pop superstar refused to pay a $1.08 million commission for the purchase of her new Tribeca townhouse. An unnamed member of...