Check out our new listing of this 2br/2ba home in Park Royal! It's the premium penthouse unit in the complex, located in the very back and has the wrap-around balcony for max viewing of the surrounding area. Newer kitchen, newer bathrooms, hardwood floors, efficient...
Month: January 2022
The Last Big Frenzy
Has there ever been a precedent to our current housing frenzy? Yes - back in the 2000-2005 era, which a new blogging guy coined, 'The Golden Age of Real Estate' (bubbleinfo.com was three months old). Note the S&P Index: Date: December 25, 2005 The median price of...
Inventory Watch
Rob Dawg suggested that we examine the quartiles, and they show how top heavy the inventory is today. Almost one-quarter of the homes for sale between La Jolla and Carlsbad are priced over $10,000,000! 1st Quartile: $2,773,500 2nd Quartile (median): $5,100,000 3rd...
North County Earthquake
Who felt that shaker? I heard it first!
All-Electric
Nearly 75% want electric appliances? I haven't met anyone who would give up their gas stove. There are many ways we can make a difference, like reducing our dependence on gas to power our homes. In fact, at least 48 cities in the country have outlawed natural gas in...
Is There An Inventory Shortage?
People keep saying that the inventory is low, but it means that there's not a lot of active listings sitting around not selling (which will be the sign that the frenzy is over). Let's determine whether the inventory has actually been lower than normal by comparing the...
Just Buy Something – Quick!
Last year, home buyers viewed a median of eight homes before purchasing — the lowest number on record, according to research from the National Association of REALTORS®. That’s fewer than in 2009 and 2011, when housing inventory was more plentiful and buyers viewed a...
ER Inventory Surge
The new listings of 2022 are only trickling out, but we know that there can be spurts. We're seeing one underway in Encinitas Ranch, where five listings are hitting the market this week! The three Coming-Soons will all change to active listings on Saturday. Buyers -...
Solana Sold $1,650,000
This just closed for $1,650,000:
Sevana
Hat tip to Rob for the intro to Sevana, who describes her musical sound as "every sound but with a Jamaican filter. Like if a modern Anita Baker was Jamaican and was creating music for Jamaica."