JD on 12-string with Cindy Wasserman and Dave Carpenter: Read “A Little More Time” by John Doe (X) on Genius
John Doe – “A Little More Time”
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Year: 2018
Encinitas Oceanfront $6.5M
This new house listed in September, 2017 for $7,300,000, and it just closed Monday for $6,500,000 (and another oceanfront house listed for $10,500,000 went pending today):
Two Out Of Five, For Now
This is a real estate blog, not political, but legislation gets passed that affects real estate decision-making. Here is what the HW said we can expect from the new HofR:...
Prop 5 Defeated
Prop 5, the project of the California Association of Realtors, was soundly defeated - but it won't be the last time we hear about the issue. The supporters only spent half the money raised: California voters have rejected a ballot measure to expand a property tax...
Homeownership By Age
This is the Deputy Chief Economist at Freddie Mac: It is incredible to see the trend change in every category around 2016 - as if there was a societal shift that gave permission to get back in the game. Maybe that's when the Bank of Mom and Dad kicked in, and their...
Quality Work
Reviewing some of the quality upgrading Tom did at the Stewart house:
‘Bump in the Road’
Of all the other choices over the last 40 years, I'll take the last four years as my favorite trend line! Thornberg has been the most level-headed analyst since the bust: The annals of postwar Southern California real estate history are full of boom-and-bust cycles,...
Inventory Watch
There are times when the general market is in a funk and homes aren't selling - when it's easy to think, "Oh this is it, we're cooked". There are also times when the market erupts, and a series of homes that have been languishing for months and/or homes that appear...
Stewart in Detail
Here is Tom giving a tour of the detailed work he did at the Stewart house: Part 1 shows the work progressing over time with before-and-after photos too:
La Costa Fixer Now Pending
We had a real fixer for sale in La Costa - a house that had undergone six months of demolition, and was left with no kitchen or baths. In a picky market, these are the types of homes that get left behind, right? We had seven cash offers. Now in escrow! Youtube...
