To help get a sense of the frenzy conditions, let’s monitor the number of active & pending listings per area. If the active (unsold) listings start to rise, we will know that pricing is becoming an issue. But so far, the demand for detached homes between Carlsbad...
This home in La Costa Oaks listed for $1,800,000, and then the price was raised to $1,900,000. It closed yesterday for $2,150,000 - here is the video tour: We sold the same model for $1,910,000, and the sale closed today:...
If you enjoy reading stories on the real estate insanity around the state and elsewhere, here's a solid collection of 100+ over-list examples and buyer despair: https://twitter.com/sallykuchar/status/1396863249409183752 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
San Diego has had positive gains straight through the Covid-19 era, and we are really ramping up in 2021 with a 3.3% monthly gain in March! We kept our #2 spot in the nation, and are right behind Phoenix: San Diego Non-Seasonally-Adjusted CSI changes Observation...
I saw Bob open for Tom Petty in the 1980s, and though they were great friends, it just didn't seem right. It's because Bob can get on stage with lesser-known talent and blow them away with his harp! Here's his Leopard-Skin Pill-Box Hat from his acclaimed 1966 album,...
This might be the best house you'll see all year on Bubbleinfo TV, mostly because I slowed it down and included some slick spin moves!
Shiller has been too conservative on his predictions because he's an ivory-tower guy. If he were to talk to potential home sellers, he'd find that there aren't many - if any - who have to move so badly that they would sell for "substantially lower" prices. The next...
Still no flood of inventory yet. Even if the NSDCC weekly count doubled from the 69 we had in the last week, the May 2021 listings total will barely get to 400, which is well under last year's covid count: NSDCC May Listings Year NSDCC Total Listings, May Median List...
The other big ibuyer has begun operations in San Diego County. How are they doing? The P is for pending sale, and the S is their first sold: Three of the homes aren't on the market yet, but let's look at 14 properties that are. They are happy to offer you a sales...
For us data geeks, here are some raw numbers to ponder. Between La Jolla and Carlsbad, there are three prime zip codes - 92009 (SE Carlsbad), 92024 (Encinitas), and 92130 (Carmel Valley) - that are the dominant target zones for buyers of the mid-range home (which...
