One of the more vocal doomers is at it again. Here's a link to an article from 2014 when he thought the sky was falling: https://www.marketwatch.com/story/this-house-market-is-falling-apart-2014-08-26 Today's version - an excerpt: There are growing signs that U.S....
Month: June 2019
Inventory Watch
Let's note how the days-on-market is different for each price range: NSDCC Price Range Average Days-on-Market, Actives Average Days-on-Market, Pendings $0 - $1.0M 35 28 $1.0 - $1.5M 55 28 $1.5 - $2.0M 55 39 $2.0M+ 93 115 New listings priced under $1,000,000 get...
Happy Graduation!
Natalie is entering the workplace as a commercial dancer, which sounds daunting. But if anyone can do it, she can! Go Natalie!
NSDCC May Sales
Last month we had sales and pricing move higher again - the resilience of our market is incredible! Year # of Sales Median SP Avg. $$-per-sf Median DOM 2012 289 $821,000 $380/sf 36 2013 362 $943,500 $416/sf 16 2014 269 $950,000 $465/sf 20 2015 298 $1,122,500 $491/sf...
More Impact from Tax Reform
This is an additional breakdown of the TCJA showing how the married buyers of SD homes priced between $1,000,000 and $1,600,000 are losing a few hundred dollars. It's those above that who are taking a real hit. There have been 253 NSDCC detached-home sales in the...
Graduation Season
The market usually feels some impact this time of year from the graduation season, and it's understandable. People who have kids, or anybody who is related to people with kids in eighth grade, twelfth grade or seniors in college will be distracted for a few days. And...
Dr. John, RIP
I wanted to clear out those last two videos to make room for Dr. John, who passed away on June 6th at age 77. From wiki: As a young man Rebennack was interested in New Orleans voodoo, and in Los Angeles he developed the idea of the Dr. John persona for his old...
Carlsbad Short-Term Rentals
While most of San Diego County is still grappling with their short-term rental policies, the City of Carlsbad does have a clearly defined area where they allow them: http://www.carlsbadca.gov/visitors/zone.asp
Anita Baker
I thought I should do something nice for my wife because Natalie's college-graduation ceremony falls on the same day as Donna's birthday. So we went to see the farewell tour up close last week:
Olde Carlsbad 92008
A good example of what to expect around Olde Carlsbad. This closed for $900,000 last month: