People are leery when the squid speaks, but they could be right about additional price gains in 4Q21. Here's why: We had a 15% increase in the NSDCC median sales price between September, 2020 and January. There will be fewer sales this year, which typically provides...
It looks like the California showings are reflecting the lack of new listings coming to market. For the last few months, it has felt like January (which is what this graph is indicating). Not many decent listings to consider, at any price - and hopes for something to...
The post-frenzy headlines will revert back to their usual negative slant. Will home buyers read the entire article? Or jump to their own conclusions? Here are the actual numbers mentioned: States with the largest number of new foreclosures were: California: 3,434...
Hat tip to CB Mark who sent in this article three weeks ago: https://www.spin.com/2012/06/making-brand-40-greatest-band-names-all-time/ The Velvet Underground is on the list - and they have a new movie coming out on Friday:
The San Diego housing market is a popular choice for those who are leaving the Bay Area (population of 6,404,512 in the five counties). It's looks like more are coming - a report from sfgate: Joint Venture Silicon Valley, in partnership with the Bay Area News Group,...
Rob Dawg suggested that the total volume of the frenzy must be remarkable. Both sales and pricing are higher, and the higher-end markets have never had it so good. NSDCC Total Sales Volume, First Three Quarters of the Year Year # of Sales Under $2M Dollar Volume # of...
For those who are thinking of selling next year and plan to do some improvements, don't wait to begin. In fact, start today! Yesterday, I contacted three different flooring contractors, and all were booked into December. Our GC is currently booked for two months, our...
The association is predicting that home sales in California will drop next year, but has a typical guess for the statewide median sales price - expecting a 5.2% rise in 2022: 2022 Their predictions for this year were terrible - they thought pricing would go nearly...
A year ago, there were 605 active listings between La Jolla and Carlsbad, and 470 pendings. Today, there are 274 actives, and 278 pendings (which is -55% and -41% YoY). Buyers didn't hit the brakes last year when we had twice as many actives, so it will probably take...
