My favorites of the year:
Month: December 2018
Bubbleinfo 2018
What a year - thanks for being here! We had twice as many unique users back in the REO days, so I'm glad the 2018 count was fairly steady compared to last year: 2017 2018 Bubbleinfo 2018 blog posts: 974 Bubbleinfo TV JimtheRealtor YouTube videos: 110 Bubbleinfo Plans...
Inventory Watch
Happy New Year! Here's a comparison of how we started 2018, and how it ended: Number of NSDCC Detached-Home Active Listings By Price Date 0-$1M $1M - $1.5M $1.5M - $2.0M Over $2M Total Jan 1, 2018 36 91 84 341 552 Dec 31, 2018 78 147 104 417 746 The difference in the...
Was There Some Panic in 4Q?
We're going to start a contest for Padres tickets in the new year, so let's get a read on how things wrapped up in 2018. We know that NSDCC sales were down 10%, and the median SP was up 8%. Sales of detached homes in San Diego County were down 11%, and the median...
Results of the 2018 Predictions
At the end of last December, blog readers made guesses about the 2018 market: 2018 Predictions By Readers: Rob Dawg: High end volume and price stagnant. Median rises 8% because every low priced property disappears sold or doesn’t sell. Median rises 8% because median...
Hat Advice
I'd like to think that Kayla has had the best upbringing of any realtor because she got to hear the sage advice from Doug Harwood - here we are in July, 2014 but his thoughts might be even more relevant today:
Repair and Discount
An example of how fragile the market can be these days. This deck was over-engineered with permits to provide maximum stability for a house that had one minor crack in a foundation block over the last 43 years. Yet it still took a significant discount to procure a...
Balcony Law
Hat tip to Moyer the Lawyer for sending this in!
Unexpected?
Expect more "unexpected" data, and constant Yunnie cheerleading in 2019: Contracts to buy previously owned homes fell unexpectedly in November, the National Association of Realtors said on Friday, the latest sign of weakness in the U.S. housing market. The NAR’s...
2019 Forecasts
We are wrapping up another year, and have eyes on 2019! Here are guesses from the more prominent real estate prognosticators: National Association of Realtors: Sales +1%, prices +3.1%. Realtor.com: Sales -2%, Median SP +2.2%. California Association of Realtors: Sales...