Is it hard to find a good steak in NSDCC?
Month: June 2021
Jeff Beck
Didn't everyone have Blow by Blow and Wired on 8-track? The best live rock performance since last week!
Loan Mods, Not Foreclosures
Rather than foreclose, they will keep changing the rules. They are creating a 'Custom' pool of mortgages to modify the loans again - even if it means extending them for 40 years! Ginnie Mae sent out a press release last week could create some confusion for those...
Zestimate Accuracy
I have suspected that consumers rely on their zestimate more than we'd like to admit. It's been around for ten years, so it's familiar and easy. Because there isn't any other internet tool like it, homeowners follow their zestimate and fantasize about their equity...
The Edge of Carlsbad
This house sold for $375,000 when new in 2000.
San Diego Case-Shiller Index, April
San Diego has had positive gains straight through the Covid-19 era, and now we have back-to-back months of +3.3% improvements, which has to be about the max the index can go up in a month. We are right behind Phoenix, whose non-seasonally-adjusted index in April rose...
Inventory Watch
Statistically, the frenzy should continue to be impressive - it's been red-hot for so long that it could cool off 25% and still be a vibrant marketplace. It will depend on the flow of homes coming to market, which we've had an uptick over the last two weeks - and the...
Inventory Levels
These two graphs show the dilemma - even though the new listings have been increasing steadily: They are getting snapped up so fast that the number of active (unsold) listings are historically low: ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Renting Out Your Home
A few ways to generate some extra dough with your home. Seen in the lat: You can earn semi-passive income by renting out all or part of your personal residence. Let’s say you list your house to rent while you take a two-week vacation. If you list on Airbnb or VRBO,...
12 Units For Sale
Investors - check out our new listing of a 12-unit apartment complex with a 4.5 cap!