It would be natural to assume that the insanity will settle down and buyers will stop feeling the need to drastically overpay, but who knows? The desperation isn't going away.
Frenzy Cruise 4
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Month: April 2022
Time to Sell?
I don't care what color he's seeing, if he sells his tony golf-course estate today and thinks he will buy it back later for less, he will be in for a rude awakening. Without foreclosures (now mostly outlawed in California) causing banks to give away homes, there won't...
Latest C.A.R. Promo
This is all we got?
NSDCC April Listings
Remember in April, 2020 when everyone was scared to death to list their house for sale because they didn't want to catch the dreaded covid from strangers coming through? When agents were required to wipe down the house after every showing? It was the month that there...
Chickenbone Slim And The Biscuits
These local heroes are playing at the Prohibition Lounge tonight at 8:30pm!!
Home Buyers Not Deterred
When people are looking for the perfect 'forever' home that will last them for a lifetime, any additional cost isn't going to phase them - or at least it won't affect the affluent folks. Most are making it up elsewhere when they sell their previous home or rental...
Carmel Valley +13% Over List
My tours of mid-range coastal suburban homes that sold for a big pop over list are slowing. But it's mostly due to the lack of inventory - I wish I could do more!
San Diego Case Shiller Index, Feb
The February month-over-month increase was the highest ever, but it feels like ancient history: San Diego Non-Seasonally-Adjusted CSI changes Observation Month SD CSI M-o-M chg Y-o-Y chg Jan ’20 264.04 +0.2% +5.1% Feb 265.34 +0.5% +4.6% Mar 269.63 +1.6% +5.2% Apr...
$23,500,000
Congratulations to Kelly and team for their new listing of this iconic 6,329sf masterpiece on the bluff by Wallace Cunningham - the same architect who designed the Razor House in La Jolla (that Alicia bought):
Inventory Watch
An interesting phenomenon that has been occurring more lately is the delay in offers being submitted. I've heard agents say it's because people are being smarter about waiting until closer to the offer deadline so the listing agents have less time to shop them around,...
