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Month: January 2019
Hottest Housing Markets, 2019
San Diego has the highest percentage change expected in rents and income! Lowest on population growth and job openings per person? [button...
Off-Market As A Strategy
It's been widely accepted for years that off-market sales are part of the real estate landscape. After the (fraudulent) short sales went away, realtors needed another sexy lure to attract new clients, and rather than crafting the high demand and bidding wars...
Due for a Surge?
Does weather affect home sales? Yes, buyers don't mind the distraction when the market is uncertain! But now that the holidays are over, the Chargers are done, more houses are coming to market, and mortgage rates are a half-point lower than they were three months ago,...
Inventory Watch
A few general observations as the 2019 market continues to liftoff. At the Inventory Watch, we are measuring the active listings, which are the unsold listings - so we are measuring what isn't working, at least not yet. In the past, it was just a matter of time...
Leucadia Beachfront Hotel
From the UT with hat tip to WC Varones (JMI = John Moores, ex-Padres owner): Developers have finally started construction activity this week on a Leucadia bluff-top hotel project that's been talked about for decades. Located just west of La Costa Avenue's intersection...
First Market Test of 2019
I went to the grand opening today of these $2,000,000 tract homes and thought because of the rain that I might be the only one there. Wrong! There were hundreds of people - and this isn't Carmel Valley - not even close:
More Contingent Sales in 2019
While some folks can't make sense of a move up or down, there are others who have specific wants/needs, and are willing to forge ahead - if they can just sell their existing home and pour their equity into the next one. I'm three for three this year with contingent...
Real Estate Cycle
www.sacramentoappraisalblog.com Ryan posted the history of real estate cycles in Sacramento County, so here are the same years for North San Diego County's coastal region for comparison. Human nature tends to flow in the same direction everywhere, and as a result,...
County Waives Fees for ADUs
We've talked about one-story homes - another way to add insulation from any potential downturn is to buy a property that can accommodate a granny flat. They can produce extra cash flow (the county states that they can be rented), and if you ever have to sell, there...
