The sellers might have been disappointed with the auction results here, but the final price seems about right. Gardens designed by Kate Sessions in the 1930s! The video tour:
Spanish Colonial
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Month: January 2019
Zestimate Prize
Hat tip to SM for sending in this detailed article about Zillow's contest to improve the zestimate. No surprise that the winner was a group of analyzers who blended the algorithms to move the needle a couple of ticks. If they would have asked me, I'd say score each...
Slower Start for 2019
Just what we expected - more homes for sale, and more priced wrong: Only six months following the most competitive home buying season of all time, January data shows the U.S. housing market is off to a slower start in 2019. Although home prices are increasing, 15...
Mortgage Rates Should Stabilize
It sounds like mortgage rates will be rangebound for the foreseeable future, which is good for buyers - but not necessarily for sellers. Without the threat of rates going higher, buyers will be even more patient: From MND: It's true that markets...
The Penetrators
Did you miss the Penetrators at the Casbah on Monday? Here's a video of them playing at SDSU's Montezuma Hall when they opened for the Ramones in 1978, and a song from Monday's set. Yes, Country Dick was the original drummer!...
More Tidbits
More tidbits, mostly from Leonard's daily Compass email: Here are some interesting Los Angeles-area market stats: There were 580 closed sales of $5 million+ in 2018, versus 602 in 2017. There were 157 closed sales of $10 million+ in 2018, versus 185 in 2017, (down...
Coronado Bridge Construction
For those who get a little queasy while driving over the Coronado Bridge, looking at these photos from its construction might help: https://tinyurl.com/y8byqbhn One of the comments - Beautiful pictures --thank you. For those of us who lived "State-side" and had to...
San Diego Case-Shiller Index, Nov
The non-seasonally-adjusted San Diego Case-Shiller Index dropped again in November, which seems like 100 years ago now that we're rolling into February. A couple of notes: If you like your data processed and refined, the seasonally-adjusted index has been flat the...
Olivenhain Drone Video
The pro version:
Inventory Watch
We have been having a surge in the market - the total pendings count went up a net 11% this week! The new-listings count slowed down too - see below (it was almost tied last week). The inventory change was almost all on the low-end. There are 14 fewer active listings...
