The doomers living in mom's basement want you to believe that the sky is falling. They've never owned a house before, let alone sell real estate for years. Yet, their voice is loud enough that they are winning the battle of opinions about where the market is going -...
Month: January 2023
Move to the Country!
We have buyers who found a home they would like to purchase....but they need to sell their house to make the deal. We scrambled to get it prepared, and we were ready to hit the open market this weekend - but the forecast is for more rain. Normally, we would wait until...
Foreclosure Talk, 2023
Here are comments about the foreclosure activity nationwide:
Jeff Beck, RIP
Another devastating loss for rockers everywhere - Jeff Beck, one of the most skilled, admired and influential guitarists in rock history, died on Tuesday of bacterial meningitis in a hospital near his home at Riverhall, a rural estate in southern England. He was 78....
NSDCC Pendings Since Jan 1
First of all, the calendar was perfectly set up for an extended holiday vacation and for everyone to not come back to work until this week. Mortgage rates are double what they were a year ago so nobody can afford a house, plus it's been raining cats and dogs. It would...
San Diego Inventory Restrained
Inventory has exploded everywhere.....except San Diego, and look at the MoM drop. The number of homes for sale last month was cut in half - down to 1,810 active listings in a county of 3.3 million people! The inventory crisis is likely to continue, and keep pricing...
Get Ready
This is the easier part - charting the next six months. Either the Fed will pause and delight us all, or their threat of higher rates will make buyers antsy and ready to pounce. The best-looking inventory usually happens in springtime, so all the necessary the...
Inventory Watch
There are only 88 pending listings today, which means we are unlikely to get up to 100 sales between La Jolla and Carlsbad this month. How radically different is that? Here's how this month will compare to the previous Januarys of interest: NSDCC Detached-Home...
First Weekend Report
Even though I've had a record amount of inquiries already, I don't think there will be many sales early on. The inventory of quality homes is excruciatingly low, the prices are filled with early-season exuberance, the market uncertainty is off the charts, plus come on...
Where They Moved
For those who have moved in the last three years, Texas, Florida, and Tennessee have been popular destinations - with North Carolina making a surge last year. Here are things to know about moving there!