As with the other recent Fed hikes, mortgage rates actually dropped today on the news, and MND's regular voice thinks it could keep going: Today's Fed Statement and forward guidance meshed with investors' expectations, helping bonds maintain their recent gains. ...
Year: 2018
Coma-Meter
Has there been much action this month? Carmel Valley is hopping year-round, and SE Carlsbad, which has about 10% fewer homes than the CV, is active too. Del Mar and Rancho Santa Fe? Not so much. Here are the number of houses currently for sale, and those that have...
Fed Hike? Part 2
We can get a feel for how much the market is struggling based on the types of financing that are needed to keep homes selling. When it's hot, all we need is a 30-year fixed-rate mortgage. What loan programs are available today? Everything except a neg-am, and only...
Fed Hike?
A pause in the Fed hikes was looking good. First, the WSJ posted an editorial on Sunday - a snippet: If you think your job is tough, consider Federal Reserve Chairman Jerome Powell. He’s signaled for months that the Fed will raise interest rates again this week, but...
Real Estate After the Mueller Report
Home buyers and sellers might be concerned enough about the results of the Mueller report that it could impact their decision-making about real estate - as if they need one more reason to wait-and-see! They expect that Mueller report to be filed within the first six...
Inventory Watch
We have about the same number of NSDCC houses for sale as usual this time of year, and the list-pricing appears to have plateaued too: NSDCC Active Listings, 3rd Reading in December Year # of Active Listings 4Q Median List Price 2014 878 $1,199,000 2015 821 $1,348,500...
Holiday Lights
Here a link with others: https://www.lajolla.com/article/activities-article/christmas-lights-san-diego/
Comparing to 1994
As blogger-in-chief here, I'll stay on the lookout for the positive housing news - because you won't have any trouble finding the alternative, like this guy who has been calling for home prices to drop 10% to 30% for several years now: [button...
Bikes for Kids
Compass realtors and staff volunteered today to help with the 36th Annual Holiday Baskets put on by the Community Resource Center of Encinitas. It is a fantastic event where families below the poverty line receive food, clothes, presents, and bikes:...
Master Bathroom Trends
Earlier this week the grays were on their way out, but it may take a while. Can you believe that 34% are removing the bathtub? From Houzz: Anticipating Aging Needs: The majority of baby boomers (ages 55 or older) are addressing current or future needs of aging...