Our new listing of a 2005-built home on a culdesac for only $739,000! The Zillow history shows that the house was rented the first of April, and as soon as the new tenant moved in, she told the landlord that she was not going to pay rent because of the eviction...
Month: July 2020
Compass is #1
A remarkable recruiting effort by Compass staff!
Looming Foreclosure Crisis?
Our reader 'just some guy' sent in this article and quipped about these writers who insist on promoting a foreclosure scare due to the pandemic. But it is worth noting because it could become a self-fulfilling prophecy just due to the lack of a counter-argument being...
Florence + The Machine
For Natalie:
Selling Season Delayed
This graph shows how we're making up for lost time, with showings almost double what they were last year. The closed sales are starting to pop too. We did have one more business day this year than in 2019, but the NSDCC sales this month are already ahead of recent...
San Diego Case-Shiller Index, May
The index in May and June might 'decelerate', but the usual seasonal surge in our Case-Shiller Index should be delayed this year. The index is hitting all-time highs while we are in a recession, officially! San Diego Non-Seasonally-Adjusted CSI changes: Observation...
Carlsbad View Fixer
Are you looking for a smaller one-story view home to re-finish? Do you like being at the top of the hill on a quiet single-loaded culdesac? The insurance company did the remediation of a water leak, but expect these seniors to manage their own reconstruction project....
Terramar Oceanfront $11,995,000
This house is right next to the public-access staircase but that also means you have unobstructable views looking south over the state beach, and plenty of natural light: https://player.vimeo.com/video/440182531
Inventory Watch
In the last week, we had 92 new NSDCC listings, and 80 pendings! We should see a bunch of the pendings close escrow this week, and it looks probable that our July sales this year will exceed those from last July (we only need 46 closings this week and there are 475...
Inventory Down But Sales Are Strong
San Diego County isn't included in the graph above but the trend is similar. The author is happy to point out the negatives, but with inventory still well under what it was last year and pandemic/unrest raging, it's a miracle that sales are so strong. San Diego...