Our new listing fell out of escrow, which deserves an explanation these days - and more support! Two showings set up for this afternoon - Happy Easter!
Month: April 2020
The Big Gaslight
Wondering about the Big Rebound? Our industry can't wait to promote it! https://forge.medium.com/prepare-for-the-ultimate-gaslighting-6a8ce3f0a0e0 An excerpt: Pretty soon, as the country begins to figure out how we “open back up” and move forward, very powerful...
Compass California Projections
An interesting conversation yesterday with the guy who made one of the biggest deals in the history of residential brokerages when he sold his company with 1,700+ agents to Compass in 2018. His team developed the graph above on March 31st, and it looks like they are...
Opinions on San Diego’s Median SP
Like the San Diego Case-Shiller Index, the median sales price has been sputtering lately (above). Homeowners didn't have to make their mortgage payments before the coronavirus, and now they really don't have to make them, so analysts who point to foreclosures are...
Media Scare Tactics
Prices dropping in the 'low single digits' doesn't sound like a frozen or desperate market. Their first story is about a guy who is looking at homes in Florida priced at $15 million? That's relevant to the national housing market?...
Affordable Housing?
When developer Ginger Hitzke first proposed an affordable housing complex on a parking lot in Solana Beach, she envisioned building 18 new homes for low-income families and adults at a cost of $414,000 per apartment. More than a decade later, her project has shrunk in...
Last Week’s Realtor Survey
Buyer interest declined by 90%? I think they meant that 90% of buyers don't want to risk their life to see a home in person - they are still interested in the market as seen from the couch. NAR's latest Economic Pulse Flash Survey - conducted April 5-6, 2020 - asked...
San Diego During Lockdown
John Prine Appreciation Show
No matter how much you knew about John Prine, you'll enjoy sitting around with his friends while they play his songs and tell old stories. They start right off with Angel From Montgomery:
NSDCC March Sales and Pricing
The closed sales in March held up ok, in spite of the covid-19. It was announced on March 11th that Tom Hanks and Rudy Gobart tested positive, and the night that the NBA suspended the season. It was then that the coronavirus escalated to another level of concern, and...