The reason for breaking down the active and pending listings by zip code is to give the readers a closer look at their neighborhood stats. The number of pending listings is almost the same as the number of actives. It's feasible that their paths could cross again in...
I was here then - it felt like a town on the move: This is Part 1: https://youtu.be/4VUMp0RxSIg
Here is where the cooling-frenzy shows up. The number of buyers who are willing to pay over list price is dropping: NSDCC Detached-Home Sales, % Closed Over List Price January: 38% February: 43% March: 53% April: 55% May: 54% June: 59% July: 64% August: 55% September:...
Most of the country is experiencing increases in their inventory, but not San Diego. This is why I think our frenzy could - and should - be as hot today as it was last year, but there just aren't enough homes for sale. The count of active listings is half of what it...
At the Belly-Up tonight! The benefit show tonight raised $140,000 for the NAMM foundation! Security is tight so you only have one opportunity to get a minute or two of video - this was my shot tonight (she is 74 years old!):
Elon Musk may have just surpassed Amazon Founder Jeff Bezos as the richest person in the world (at time of press), but with a net worth of $191.4 billion and owning the properties he does, he’s not bound to lose any sleep over the news. Bezos, like other billionaires,...
There might be a few stragglers left to report, but this gives us a good reflection of how the summer wrapped up after the frenzy started cooling in June: NSDCC September Sales Remember when sales prices were lower than list prices? The median sales price in September...
This latest survey by realtor.com shows that only 11% of homebuyers are concerned about the drought (just edging out the sinkholes!): Homeowners were the most concerned about tornadoes, at 39%; severe cold or winter storms, at 38%; flooding, at 35%; hurricanes, at...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Speaking of Zillow, they also said in this June article that San Diego home prices would rise 24.7% by May. How are we doing? There has never been a great measuring stick for home prices, but let's look at the most common ones:...
Here are the latest guesses from Zillow that they've sent me over the last month. They agree with me that next year will be rip-roaring! In parentheses are the percentage increases for the last year: NW Carlsbad 92008 (+28%) SE Carlsbad 92009 (+30%) NE Carlsbad 92010...
