Zillow has been vilified for many reasons, but the one thing they have going for them is the viewer data for each area. If their 2022 projections are based on the number of clicks on listings, then their forecast should be a reasonable reflection of the actual demand...
Year: 2021
Forever Home?
Do a thorough investigation on where you're moving! To Rick Brown and Jeanne Brown, finding a forever home has seemingly taken forever. In just five years, the couple—he’s 71 and she’s 72—bought or built two different houses that they planned to live in for the rest...
Inventory Watch
Buyers are still scrambling to find a home - there have been more new pendings than new listings in each of the last three weeks! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ NSDCC (La Jolla to Carlsbad) Under $1,000,000 Market Date NSDCC Active Listings Avg. LP/sf...
Vanessa’s House
Where to Move
Though this graph is from 2019, I think it shows that people don't move far from home. Hat tip to Rob Dawg for sending in this link with loads of data: https://lusk.usc.edu/sites/default/files/attachments/USC_CasdenRealEstateEconomicsReport_Spring.pdf Here is the map...
Over List, October
The insanity is finding a comfortable range.....until next spring: 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: 41% October: 45% A slight uptick in the overall...
Old G
For about the same money that bought this 5,000sf oceanfront house in Carlsbad in 1995 (above), you now get this in North Escondido - just closed for $1,050,000:
Cantarini Ranch/Sunny Creek
For those who want to purchase a brand-new home in Carlsbad, the Sunny Creek area is the last remaining spot where 100+ homes will be built eventually. The 'subject property' above has listed for $7,500,000 for 19 approved lots:...
Thank You Veterans!
Veterans - thank you for your service! https://www.nbcsandiego.com/news/local/vietnam-era-boat-to-lead-veterans-day-boat-parade-on-san-diego-bay/2788310/
JT
This was a bucket-list show for wifey - the tall kid on the left is JT's son Henry: