The San Diego Case-Shiller Index dropped for the third month in a row, and is now almost 1% below where it was in June. It's not a surprise to hear that we have tougher sledding in the off-season (see above). We will probably lose another 1% or 2% between now...
Year: 2018
San Diego is #1 for Price Reductions?
The local birdcage liner has an article on price reductions, and mentions that San Diego leads the nation this year. This is how they introduced it: This isn’t a sign that the bottom is falling out of the market. Instead, after years of rapid price increases, experts...
Inventory Watch
The Inventory Watch started during the last week of November in 2013, as we were coming off a blistering frenzy. Here are the number of active listings logged for the last reading in November: Year Total Number of Active Listings, End of November 2013 907 2014 960...
Real Estate in 2019
Home sellers and agents will conveniently write off today's market sluggishness as typical year-end slowdown, and in 2019 they will simply do what they've always done - put a bloated list price on their real estate. You can't blame them - it's their chance to win...
Real Estate and SALT Deduction Limit
This talking-head guy was trying to create a ruckus about the new limit on SALT deductions being the cause of the real estate slowdown, but he backed into what will be the real effect. Higher mortgage rates and the limit on SALT deductions might keep those who are...
Davidson Food Drive
We're into the holiday spirit now - here's a great way to contribute: http://www.davidsoncommunities.com/2018/11/davidson-communities-holiday-food-drive/ Donate online here: [button...
Marine Street Masterpiece!
This is the fifth major project that Mark Morris has completed for our different clients over the years, and he went all out on this one! This video tour is over ten minutes long, but feel free to use the pause button liberally:
Turkey Talk
We hope you enjoy a fantastic day with your families on Thanksgiving! If you are sitting around the dinner table and real estate comes up, have your family and friends plug into this part-time blogger - it's easy! The Bubbleinfo mobile app is available at the App...
Rolling Into Stagnant City
A year ago, I guessed our NSDCC sales would be down at least 5% in 2018, and it looks like it will be closer to -10%. While I'm confident that sellers will refuse to lower their price expectations much in 2019, I doubt that home buyers will just go along as they have...
Which Home Sellers Might Panic?
Is there a chance our home values could drop 20% to 30% like we saw in 2009? There aren't enough homeowners who will sell for today's market value. If prices drop, wouldn't there be fewer homeowners interested in selling? Probably - unless there was a panic. Who...