After sputtering over the last three months, the latest reading of the SD Case-Shiller Index showed some pop - like it did last January: San Diego Non-Seasonally-Adjusted CSI changes: January ’17 231.21 +0.8% +5.7% February 233.31 +0.9% +6.5% March 235.61 +1.0% +6.4%...
Another reason why the 2018 inventory might stay tight - seniors waiting until this thing passes to downsize. Currently, the counties of Alameda, El Dorado, Los Angeles, Orange, Riverside, Santa Clara, San Bernardino, San Diego, San Mateo, Tuolumne, and Ventura...
We're tracking the total number of pendings this year, and this week was the first time the count went down (from 350 to 347). It probably means the selling season is at peak performance, and with more escrows closing, the pendings' count should plateau(?) The...
In the last post, I included a link to April, 2009. Local Boy left this comment there with stats - let's compare to today: “Carlsbad Statistics (Single Family–all 4 zips) I think the sellers in Carlsbad have been doing an excellent job pricing–in the last 3 months,...
Here's an example of how fast the market has been moving: It was only nine years ago when you could buy a decent Carmel Valley starter home in the $600,000s. This 2,056sf house built in 1985 on Santa Nella sold for $678,000 in April, 2009....
There’s an outdated view circulating around that California urban areas are lower density than those of the Northeast Corridor, according to New Geography, but a comparison of Census data shows coastal California suburbs more than double Northeast suburbs in density....
This house had everything going right - a renovated 2,144sf single level house on a larger culdesac lot with no HOA or Mello-Roos. It sold for $1,045,000, which was $20,000 over the high-end of their list price range. (the flipper paid $702,000 off-market in August)
From realtor.com: It may not be the grandest room in the house, but the bathroom is one of the most important when it comes to selling your home. Buyers want as many bathrooms as they can afford, and they want them pristine. So, if you're getting set to host an open...
What today's home buyers are up against......from realtor.com: Driven by frustrated buyers who rolled over from last year and record-breaking lows in housing inventory, the 2018 spring buying season is expected to be one of the most competitive in years—but buyers are...
Could the supply of homes-for-sale get any tighter? Freddie Mac thinks so: Recently, Freddie Mac published a report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage rates...
