There may not be many more of these! At the end of the video, I promised some pricing data and of course the MLS is down tonight so if you came to see list prices vs. sales prices, check back tomorrow.
Month: August 2022
Santana & Wife
If this was just a video of Carlos and his drummer wife Cindy it would be incredible. The supporting cast really clinches it. P.S. If you are in a Mexican restaurant and the Mariachi band wants to play a song, request Oye Como Va - it's a guaranteed hit because...
Early 2022 Was The Culprit
Yesterday's Case-Shiller Index for San Diego was 425.26, which is 11% higher than it was in January. But check how the trend increased between January and now. Prices rose as fast as ever in early 2021 (yellow above). If they would have mellowed out along my red...
San Diego Case-Shiller Index, June
Everyone is throwing around the 'deceleration' word like it means something. But the only number that matters is the month-over-month change, which went DOWN for the first time since October 2019 - but it only went down that one month. The local index dropped 2.8%...
Cheaper Beach Towns
They may not be as nice as San Diego but you don't have to spend a million either:
Inventory Watch
On August 8th, the number of pending listings was down to 151 (which was the lowest since early January), and it appeared that the market might shut down early this year. But today we're back up to 175 pendings, and still have 449 active listings for buyers to...
Carlsbad, California
A good introduction to what it's like living in Carlsbad:
SB 1079 Exploited
An excerpt from this article: Riggins, 67, retired early from his career in construction and maintenance for the city of Richmond after a knee injury put him on disability in 2008. But, the income from his tenants helped keep him afloat. “The building was in good...
“San Diego Prices Drop 5.6%”
From cnbc - an excerpt: Some local markets are seeing even steeper declines over the last few months. San Jose, California, saw the largest, with home prices now down 10% in recent months, followed by Seattle (-7.7%), San Francisco (-7.4%), San Diego (-5.6%), Los...
Compromise Is A Good Thing
When I made the comment that people are soft, it was because I was thinking about the guy who came to the open house and said he would have bought it.....except for the power lines. If he had issues with the house, yard, etc. and the power lines were just one of the...