For years, Fleetwood Mac ended their show with this classic: Stevie's letter to Christine today: https://twitter.com/StevieNicks/status/1598065336611647491/photo/1
Month: November 2022
Feels Like Fed Easing
This isn't exactly new news - most prognosticators figured the Fed would only raise their rate by 0.5% in December, instead of the 3/4% hikes recently - but the stock market liked it (up 628) and the 10-year yield dropped a tenth. All we need is mortgage rates to be...
Seller Hesitancy Will Persist
Every once in a while, a sliver of truth slips into the mainstream media articles. After the usual negativity spewed throughout the front-page UT article about the local Case-Shiller Index declining at one of the worst rates of any town in America, this quote appears...
Fallbrook Mediterranean Estate
3993 Peony Drive, Fallbrook 4 br/4 ba, 4,243sf YB: 1995 5.12 acres SP = $1,590,000 - we represented the buyers. Spectacular Classic California estate above lovely Fallbrook. Sunsets here are amazing as are the inspiring western-facing panoramic views. Completely...
San Diego Case-Shiller Index, Sept.
How the mainstream media is reporting today's Case-Shiller numbers: U.S. single-family home prices slowed further in September as higher mortgage rates eroded demand. Monthly house prices fell in July for the first time since late 2018. The housing market has been...
Kate’s New Listing
Impeccable and chic, this incredible gated custom Encinitas estate offers modern living in a central location and a life of leisure. An entertainers paradise bursting with a luxurious and smart design, the home comes complete with its own detached guest house retreat....
Rates Are Steady
Will the 30-yr jumbo rate stay in the 5s? Here's what MND says: Excitement, volatility, non-stop action... concepts that have absolutely nothing to do with mortgage rate movement over the course of the past two weeks. In fact, since rates plummeted in response to the...
Carmel Valley Deal
6065 African Holly trail, San Diego 92130 3 br + loft/2.5 ba, 2,408sf YB: 2006 HOA + MR = $543/mo. LP = $1,599,000 - Pending! Check out this attractively-priced Portico home with fully remodeled kitchen, LVP-hardwood floors, 3 bedrooms + loft and downstairs den,...
San Diego Pool Home with View
Check out this practically-new single-story house at the end of the culdesac with gorgeous canyon and sunset views! Thoroughly renovated with new kitchen and baths, new windows, new flooring & painted inside and out - this is move-in ready! High ceilings, central...
Inventory Watch
After staying around 400 since the middle of September, the number of active listings finally plunged by 6% as the holiday season finally set in. Yet, the number of pendings rose by 9%! There were also more new pendings than new listings this past week. The list...