Above is the summary of yesterday's housing and economic outlook sponsored by First American Title. Click here for the full report: SoCal Outlook Dec 2018 Let's mention those who will be making the market in 2019: Those with the least amount of experience and...
Year: 2018
Apple Expands in SD
Now if they could just get along with Qualcomm: Apple today announced a major expansion of its operations in Austin, including an investment of $1 billion to build a new campus in North Austin. The company also announced plans to establish new sites in Seattle, San...
Jerry Riopelle
Jerry Riopelle is a long-time favorite of those who grew up in Phoenix, Arizona, and unfortunately he just cancelled his two retirement shows at the end of the month due to a health issue. His New Years Eve gigs were legendary, and here's an example - Get Well...
Shiver Me Timbers
We can probably expect that entertaining real estate videos will be in the next wave of realtor marketing:
Tidbits
Sellers have not been moving as often, with a typical seller owning his/her home for 11.5 years before selling, the highest level in at least the last 38 years. The trend was especially obvious for older generations, as baby boomers typically owned their property for...
San Diego is #6
We love being #6 because any time a resident from the Top 5 cities comes to San Diego, they think we are giving it away!
Brava Closed
Brava closed yesterday, after a whirlwind of activity - here are the MLS stats: We received 13 cash offers, and went through five escrows to get one to stick. Each time one would fall out, I went back to all of the other contenders to give them another chance to buy...
Compass San Diego
Today we attended the soft opening of the new Compass office at 1953 San Elijo Ave., Suite 101 in Cardiff By-the-Sea (next door to Cicciotti's). More than 100 Compass agents will occupy both floors eventually (63 now). Other offices being built include a 22,000sf,...
Design Trends Cycling Through
Gray needs to go! Other design trends that are on their way out:
Inventory Watch
The slowdown started during the summer, so there was some evidence of it by the beginning of August - and it has been in the news non-stop ever since. Are sellers getting the message? Maybe, but they must think it applies to someone else: NSDCC Average...