I have saved hundreds of live-music youtubes over the years and it's time for a year-end clearout. I try to play music on Wednesday nights but fall asleep half the time, and other times I play them on Tuesday by mistake. So hardy har har, 2020, these are the best of...
This looks like a dramatic drop-off in showings but we are still 160% above where they were last year, and way above where they were in February. If there were just more homes for sale! We got off to a hot start in 2020, and you can see how showings in January of...
In eight out of the last nine weeks, we’ve had more new pendings than new listings! Today's counts are 27 new listings vs 60 new pendings, but the Thanksgiving tallies are always low. Last December, we had 178 listings between La Jolla and Carlsbad, so we should still...
The 15% increase from the last peak 15 years ago doesn't seem bad, though both were bubblelicious thanks to stimulus (exotic financing then and ultra-low rates today). https://wolfstreet.com/2020/11/24/the-most-splendid-housing-bubbles-in-america-november-update/ The...
We participated in the annual Mama's Pies event again this year, and we delivered our 60+ pies in person yesterday - all for a worthy cause! https://www.mamaskitchen.org/ Happy Thanksgiving!
I agree that homes selling quicker - evidenced by the lower market times - means crazy price increases. Sellers can get away with pricing their home at 5% to 10% above comps and buyers still come running. How crazy is it? More than half of our sales are finding their...
Two downtown residential condominium buildings with a mixture of market-rate and affordable housing, ground-floor commercial space and underground parking got the go-ahead for construction last week from the Carlsbad City Council. The Carlsbad Station project will...
What a difference compared to the second half of 2019: San Diego Non-Seasonally-Adjusted CSI changes: Observation Month SD CSI M-o-M chg Y-o-Y chg January ’19 251.30 -0.2% +1.3% Feb 253.69 +0.9% +1.1% Mar 256.40 +1.1% +1.2% Apr 257.63 +0.5% +0.8% May 260.08 +1.0%...
Health, unemployment, stairs, taxes, finances, politics.......selling your home is becoming the answer for everything! More than 2.5 million American homeowners have stopped paying their mortgages, taking advantage of penalty-free forbearance periods offered by...
