When calculating how much your home has increased in value, you have to identify its COST BASIS - meaning anything and everything that you spent to pay for the product. The IRS defines a capital improvement as a home improvement that adds market value to the home,...
People have asked how I liked the article about Oceanside's resurgence. I loved it - they featured our own Michele Bolanos in the photo (above)! The author noted that the purple palace got bulldozed last year (the last remaining strip club in town), and they are...
San Diego had the fifth highest year-over-year gain in 2021, behind metros with much lower price points (Phoenix, Tampa, Miami, and Dallas). Our month-over-month gain in December was #1 nationwide (tied with Miami). San Diego Non-Seasonally-Adjusted CSI changes...
There's nothing wrong with sparse:
A few more listings this week but all geared towards the affluent. There are only 7 NSDCC detached-homes for sale priced under $1,500,000, and 100+ houses for sale that are priced over $4,500,000! I’m still working on getting the right graph for quartiles, but here...
Quite a turnout at open houses the past two days:
I've been hoping to promote the best areas in nearby states for readers to consider for relocations, and have wanted to feature lower-priced homes in order to make the move really worth it. Yesterday I spoke with Bill Ims, a former Carlsbad realtor and probably the...
Going to Hawaii and looking for a vacation rental? How about a FLW! https://www.vrbo.com/108255
Check out our new listing that is priced at $251/sf! 39221 Daily Rd., Fallbrook, CA 92028 4 br + den/2.5 ba, 3,963sf YB: 1991 5.14 acres LP = $995,000 The perfect home of the future - get out of the rat race and enjoy fine country living in this gorgeous home bathed...
Thoughts: If there is anyone left who thinks the bubble will burst and prices will come down substantially, let's note that it would take a multitude of people with excellent credit scores and what was once a big down payment to give those up. The vast majority of...
