The local Case-Shiller Index for March had the biggest monthly increase in 2+ years, and helps to show why we are getting back to a healthy market quickly. March is usually a strong month though: San Diego Non-Seasonally-Adjusted CSI changes: Observation Month SD CSI...
Month: May 2020
Inventory Watch – Spring Start Over
We are back to having a similar number of California showings as we had in the first week of March! It looks like we will jam the usual six-month-long selling season into just four - May through August - but only if there is enough to sell. The showings leveled off...
For the Fallen
Memorial Day - a day on which those who died in active military service are remembered, traditionally observed on May 30 but now officially observed on the last Monday in May. Join the local livestream tribute beginning at 9:00am Monday of four events at San Diego’s...
ADU State and Local Law
We've been long-time supporters of the Pacific Legal Foundation, a nonprofit legal organization that defends Americans’ liberties when threatened by government overreach and abuse. My brother worked there after he and the PLF Executive Vice President, John Groen went...
ADU As Investment Property
A two-year-old, Culver City, California-based startup called United Dwelling aims to tackle the affordable housing problem using data, creativity, and underutilized garages and backyards. United Dwelling plans to eventually build thousands of Accessory Dwelling Units,...
Highlands
This is a nice piece of property - and only one mile from Moonlight Beach:
Top Gun House Moved
They finally moved it! Hat tip Bode The Victorian cottage in Oceanside featured in the popular 1986 movie “Top Gun” was moved to a permanent new home at the Oceanside Beach Resort on Thursday. Built in 1887 by Dr. Henry Graves, the home is one of the few “folk...
Top 30 Markets Affected
We are #24 on the Top 30 markets to be affected by the coronavirus, which is pretty far down the list - and we're still relatively affordable when compared to other higher-end areas. For those who are thinking of moving to a more affordable area and aren't affected by...
Move to the Suburbs?
At least this was based on a survey, rather than ivory-tower speculation: Where people choose to live has traditionally been tied to where they work, a dynamic that through the past decade spurred extreme home value growth and an affordability crisis in coastal job...