Hat tip to the three people who sent in this article: https://www.axios.com/real-estate-fee-showdown-lawsuits-5e88b18c-3baa-4cb0-8302-2a2a8fa16eda.html It's a sexy topic because the realtor industry is terrible at explaining commissions, and then reporters jump into...
The latest in flooring trends - wifey makes a brief cameo:
This has 5.7 million views in the first 12 days, and just the headline alone makes an impression:
An excerpt from this article: https://www.usatoday.com/in-depth/money/2021/02/04/homes-sale-we-housing-bubble-prices-outstrip-wages/6671282002/ For Mark Stapp, a real estate professor at Arizona State University, what's going on in the real estate market right now is...
Last night I watched the John Lennon Imagine documentary on Netflix and it was an incredible experience of the John and Yoko era. This is similar but different: Acclaimed filmmaker Peter Jackson’s “The Beatles: Get Back” is a unique cinematic experience that takes...
We've had 208 closed SFR sales between La Jolla and Carlsbad this year. How crazy is it? Eighty homes sold over the list price, which is 38% of the total number of sales. Of those, most were just $10,000 to $50,000 over list, but there were some big bombers: Most %...
Historically the market has felt healthy and balanced when we've had a 2:1 ratio of actives vs. pendings. Remember when the Ranch was 10:1 for years? Now look at the market - especially on the lower-end: NSDCC Actives and Pendings Town or Area Zip Code Actives...
A good article by Matthew on the current rate environment: Bonds find themselves in an interesting position heading into February. On the one hand, there's a well-established tepid recovery narrative that coincides with gradually rising 10yr yields for the past 6...
Ten Tips for Homebuyers
Even though it looks like a record-low inventory for January (251 NSDCC listings so far), the number of pendings increased by 9% in the last week - buyers will not be denied! I don't think that the numbers of actives and pendings have ever been this close: NSDCC...
