The reason for breaking down the active and pending listings by zip code is to give the readers a closer look at their neighborhood stats. Historically, we've figured that a 2:1 ratio was a sign of a healthy market. By now we are drifting into the holiday season, so...
Month: October 2022
2021 Is An Outlier
Thanks to Mike for pointing out that comparing 2022 data to last year isn't really fair: The pandemic years, especially 2021, were a strange aberration where everyone moved, house prices skyrocketed, and nearly every real estate business posted record revenues. Why it...
Preventing Title Theft
Those who don't have a mortgage are particularly susceptible to fraudulent acts. Check out this free service being offered by the county to alert you! Hat tip just some guy! Is title lock insurance a good investment? Such insurance usually costs from $12 to $20 a...
Del Mar Oceanfront Apartments
This 6.9-acre oceanfront site has been called one of the most exclusive and unique properties in the United States, and has been listed for sale since 2007 - the current price is $49,000,000. An incredible turn of events is underway - the planned high-end resort was...
Hilltop Leucadia
The multi-gen buyers would love a house like this!
NSDCC Pendings Since 6% Rates
The national bashing of the real estate market continues unabated, and I'm sure there are individual markets that are really feeling it. But real estate is local, so let's examine the facts. To get a sense of what has been happening since rates got into the 6s, let's...
Inventory Watch
Bill has been following the inventory in different markets, and San Diego is faring much better than other areas. He is showing a 23.8% drop in new listings YoY, but last year was the record low. Look at the previous years: September New Listings, San Diego County...
Wire Fraud
Hat tip to just some guy for sending this in - an excerpt: BEC scammers typically engage in what Alex calls a shotgun approach. They compile contact information for random players involved in any real estate transaction—lawyers, brokers, title agencies, mortgage...
Game 4 Winners
https://twitter.com/annieheilbrunn/status/1581564539258085376
Padres Playoffs 2022 Game 3
I got to go to Game 3 with daughter Natalie! Many thanks to Gary Moyer, owner of our season tickets and the greatest friend a guy could ever have, for getting KR some recognition on the big board! BJK, part-owner of the Dodgers, enjoyed the whole game and was very...