The graph above is boring this time of year, so I added my predictions in the lighter colors. I'm figuring that the Fed will be relentless and the higher rates in the second half of the year will cause the pricing gap between sellers and buyers to be tougher to...
Month: January 2023
“Price It Right”
KCM is a fine group of people who supply realtors with content for them to publish in their newsletters, social media, etc. They provide an invaluable service for the agents who'd rather just pay for content than create it themselves. It tends to be a softer version...
Time Is Of The Essence
Carlsbad Train Redevelopment
As a way to "raise additional revenue and to increase ridership on trains and buses", the train people started looking for developers last April - their solutions: Under agreements the board approved Thursday, West Village Partners will build 184 market-rate...
Encinitas Highlands
Here's a look around Wendy's new listing on Arden: https://www.compass.com/app/listing/647-arden-drive-encinitas-ca-92024/1222088407488417793
Robot-Made Homes
For those who wouldn't mind moving to Arizona if you could find a brand-new home for less than $300,000, you should check out this new-home tract in Casa Grande. It's called part of the Phoenix Metro area, but if you're going to central Pho-town, you better pack a...
Frenzy Monitor
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. We have considered a 2:1 ratio of actives-to-pendings to be a healthy market. When there were more pendings than actives, the...
David Crosby RIP
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Leucadia Like-New on Culdesac
This home was listed in August for $2,895,000 with a different Compass agent who had lowered the price down to $2,500,000 by October 6th but then cancelled. The new listing agent started on December 1st at $2,749,000, and sixteen days later found the buyer. It sold...
Another Desal Plant?
I still haven't heard anything regarding the development of the Encina Power Plant property.....but there is a new idea for it. The company is also building a device to power your home for 400 years! Our company ECD Energy Corp is interested in purchasing the NRG...