Thanks Jakob for sending in this chart from SDAR, one of the competing realtor associations in San Diego. You can see that we ended 2019 with a bang...at least compared to the end of 2018 which suffered from mortgage rates in the high-4s. It's amazing that we had less...
The California Association of Realtors were backing SB50, but it died in the State Senate today. Hat tip to SM for sending in this article - an excerpt: California’s controversial housing bill, which would have required cities and counties to change local zoning laws...
A great introduction by the reverse-mortgage guy Dean Jones (who can be reached at 760-458-2755). Basically with FHA you can borrow $300,000 to $400,000 depending on your age, and with his non-FHA portfolio loan it's a little more:
Back in the day, we were more into Black Sabbath, Deep Purple, and Lynyrd Skynyrd than Rush. But Neil could hit the kit. This is drumming:
I know what's it's like to be 41 years old, and have daughters - I was on top of the world!
Shaq leading "Kobe" chants with Lakers fans paying tribute at Staples ??(via omerdrinks/IG) pic.twitter.com/Z9j6JFyLc1— Bleacher Report (@BleacherReport) January 29, 2020
The national Pending-Sales Index was down last month (-5.4% in the West), and Yunnie was happy to point to the inventory shortage as one of the reasons. Our month isn't over, but so far the shortage is real around here - we're going to have trouble catching up with...
Comparing to the dreadful end of 2018 doesn't tell us much, but at least we had a positive move between October and November - we're almost back to where we were in September! San Diego Non-Seasonally-Adjusted CSI changes: Observation Month SD CSI M-o-M chg Y-o-Y chg...
Pendings picked up! This has to be one of the most ideal environments ever for selling your house with the ultra-low inventory (low or no competition) combined with jumbo rates in the low-3s! The UNDER-$1,000,000 Market: Date NSDCC Active Listings Avg. LP/sf Avg. DOM...
