A reader commented on the perilous water supply for Southern California and Arizona. While there could be major disruptions from droughts in the future, the City of Carlsbad has taken one step to help: The Claude “Bud” Lewis Carlsbad Desalination Plant is the largest,...
Month: February 2021
Equity Rich
Doubling in eight years, the number of local homeowners who have at least 50% equity is impressive. Those who are 55+ and anxious to take their property-tax basis with them to their new home can feel free to list their existing home for sale NOW, and close after April...
California Dreaming
I'm not sure a 30-minute TV show will change anyone's destiny, but hey, at least they are trying: As part of C.A.R.’s 2021 consumer advertising campaign, the Association has partnered with ABC to be the presenting sponsor of their new documentary, California Dreaming....
Average % Paid of Last List Price
Nobody is giving them away! I think we can agree that list prices today are at or above the all-time highs, yet with demand overwhelming the few listings that are trickling out, buyers are forced to consider going even higher. It's working too: We usually get some...
Inventory Watch
We are up to 266new NSDCC listings for January, and we'll take the final count next Monday to see if we have any other late-reporters. Getting close to last year’s count of 353 listings is unlikely - we are currently 25% under last year's count. Here are the guesses...
Zillow, 2021
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This Week’s Frenzy Report
Two offers that I made on behalf of buyers fell on deaf ears this weekend. The first listing agent pulled the usual stunt - the blackout, where he doesn't answer the phone or communicate in any way until the deal is done. Once he got the winning offer signed, he...
Is California Exodus Overblown?
Long-time homeowners who can keep their taxable income lower and pay off their house don't find California that much more expensive (based on how few are moving). Excerpted from this article:...
$19,888,000
https://www.realtor.com/realestateandhomes-detail/120-Kaimanu-Pl_Kihei_HI_96753_M75144-28122 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Prop 19 Answers
Jordan works for the county and answered questions about Prop 19 in this interview here: https://www.facebook.com/SanDiegoUnionTribune/videos/4210256878986440 A few highlights: If you transfer ownership to your kids by February 15th through a grantor trust or...