The lines get more blurred between home and work as we make our way back to the communes of the flower children! For those homeowners who would like some regular income but don't want people staying overnight, they may want to consider having visitors over for work...
Month: April 2019
FLW Island For Sale
More people would move if they could just find a place to go! In my quest to provide more options, consider this gem: If you’re a fan of prolific architect Frank Lloyd Wright, you might say his best work is also his most iconic—Fallingwater in Pennsylvania or...
Mean Income to Purchase Median Home
The graph above is for 'America's home'. The 2019 NSDCC median sales price is $1,288,000, and somewhat reasonable for the Top 5% - about the only folks left who can afford a coastal home: https://statisticalatlas.com/place/California/San-Diego/Household-Income Mrdot...
NSDCC Monthly Closed Sales, 2019
The NSDCC closed sales got off to a hot start in 2019! But by March 4th, pendings had stalled and were 19% under last year’s total. Now that stall pattern is playing out in the March closings too: NSDCC Detached-Home Sales, Year-Over-Year Changes: Year 2018 2019 %...
Bird Rock Oceanfront $8.8M
Love how this house looks down the coastline, taking full advantage of the lot. It was active on the MLS for four minutes, and the agent noted in the confidential remarks that is was "SOLD Prior to Activation in the MLS" even though it had been on and off the market...
Poof!
Add at least 1% to the cost if you want a rate in the high-3s: Mortgage rates spiked quickly today, capping a 3-day run leading back up from the lowest levels in more than a year. Today's move was by far the biggest and it leaves the average lender offering rates...
Housing Policy
The C.A.R. sent out this paper that reviews the current housing dilemma, which boils down to having to improve zoning regulations to facilitate more/better infill projects because the more-mature cities are out of land for the most part. She also included this:...
Inventory Watch
Our current stats are looking more and more like last year's! We had the exact same number of new listings this week (still no surge) as in 2018, and the total number of pendings is now only 4% behind. Last week, Rob Dawg asked: When does rising inventory start...