When will we know more about the 2021 frenzy? We already know it's going to be hot - look at the sales count for this month, plus we have 285 pendings: NSDCC December Sales Year December Sales The Following January Sales % Drop-off 2012 181 128 29% 2013 223 184 17%...
My listing in La Costa Oaks closed escrow today! I'm sure people are thinking.... "Did they just get caught up in the frenzy fever - or is Jim really that good"? "Or does he just list 'em low just to stir up the frenzy?" Let's consider the two most recent sales, #3...
Yesterday, Rob Dawg got started on his prediction on next year's market: Is this the official JtR 2021 prediction thread? If so I will post again but for now... The huge demographic groundswell of house-ready millennials will drive prices much higher. The municipal...
Let's try to predict what will happen in 2021! For fun, our reader The Old Man suggested we look back at the predictions for 2020. I had guessed that sales would drop 10%, with the NSDCC median price rising 2% to 3% - here's last year's blog post:...
I save photos during the year to feature here at the end, and I'm sure the Carlsbad Historical Society was a likely source for some of these - thank you S. Gutierrez! https://www.carlsbadhistoricalsociety.com/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ I was sitting...
Bill has his annual forecast on home prices here: https://www.calculatedriskblog.com/2020/12/question-8-for-2021-what-will-happen.html Here is a snapshot of the forecasts: (I was reading the previous chart wrong when I said that all were forecasting 7% to 10%...
Because our market at the end of 2019 was so flat (December's index was lower than July's), the year-over-year gains are going to make for sexy double-digit headlines for the next couple of readings. San Diego Non-Seasonally-Adjusted CSI changes: Observation Month SD...
The demolition is underway - you can see right through the plant now! The 'stack should be coming down in the second quarter of 2021. https://www.nrg.com/case-studies/carlsbad.html The homes on the hill in Spyglass and Heron Bay should benefit the most. In a softer...
Here's our NSDCC inventory for the last week of 2020! Detached-Home Listings Between La Jolla and Carlsbad Last Week of Year Actives UNDER $2M Actives OVER $2M 2019 252 428 2020 72 320 % Diff -71% -25% We can live with 25% fewer listings in any market. To be 71% under...
Bubbleinfo.com made the list of best real estate blogs in the country, as determined by Hooquest.com: https://hooquest.com/real-estate-blogs/ Thanks Brian for including us! He is right - I don't give much thought to SEO, which is probably why we had the lowest number...
