Rich didn't sound any alarms in his most-recent post, and he is among the most neutral observers - he's not in a real-estate-related profession. He said: So, there's nothing extraordinary or panic-worthy here... the market is a good amount weaker than it was in...
Year: 2018
Lagunita
Initially this had a lot of promise being the HGTV winner and being oceanfront for only $15 million, but as the film rolls on, you realize the high density - it is practically like a condo. It might be better enjoyed with the volume down:
Rich’s Take
More here: https://www.piggington.com/august_2018_housing_data_cooling_market
Inventory Watch
Our local market is still kicking - the number of pendings went up this week (+1%), and we had more new listings than we've had in a month (91). But it's a market for the affluent - literally 55% of the houses for sale between La Jolla and Carlsbad are listed for more...
NSDCC August & Jan-Aug Sales
How did your area do last month, and for the first eight months of the year? It would be sufficient to just keep close to 2017, which was a good year for sales: Town or Area Zip Code Aug17 Aug18 Jan-Aug17 Jan-Aug18 Cardiff 92007 7 8 49 39 NW Carlsbad 92008 23 20 147...
Home of the Future
A fridge with internet, cameras and microphones! Thanks daytrip:
Risky Off-Market Scenarios
This is how the industry enforces the rules - run an article like this every once in a while that gives tips how to CYA. We do have a form that absolves agents from wrong-doing, which just begs agents to ignore the rules: From N.A.R. If you or your client is...
New Zealand
We've been exploring other towns around the West as alternatives for San Diegans who want to downsize. Heck, let's pick it up a notch! Years of doomsday talk at Silicon Valley dinner parties has turned to action. In recent months, two 150-ton survival bunkers...
The Mortgage Crisis
Matt Taibbi has a good summary of the mortgage crisis here: https://www.rollingstone.com/politics/politics-features/financial-crisis-ten-year-anniversary-723798/ An excerpt: Restoring compensation levels was one of the first and most urgent priorities of the bailout....
The Reality of iBuyers
The ibuyer is the sexy new shiny object in the real estate game. While the idea of a quick and easy sale sounds great, the reality is already much different - and, as the market transitions, their quotes and repair costs should get more conservative (and home sellers...