We took four listings in a row and I was going to document the whole experience but it was turning into a feature-length movie. Here is the segment where we discuss the bidding war in Rancho Penasquitos, its failure, and how we handled the aftermath:
I comment because you might see a dance version of this video later by yours truly. I was exposed to this album and The Pretenders debut on the same day, and they probably had everything to do with me moving back to California from Arizona and leaving the metalheads...
It looks like the San Diego market is surviving the current conditions quite well, while the rest of the country is being crushed by soaring inventory. The Californians must be staying home, and those feeder towns are suffering! Any town that has a +50% increase...
Where do home prices go from here? Hopefully, it will be more predictable than it has been lately! The Fed's insistence on raising rates just to see if they can tank the economy should keep a ceiling in place. The buyer pool is already limited to only those who can...
My one post-frenzy prediction was that there wouldn't be any more sales under $2,000,000 in the Davidson-built Starboard tract in La Costa Oaks (the last was $2,150,000 in October). We've finally had a closing here in the middle of April. They had to knock off $4,000...
The main cause of the ultra-low inventory is from homebuyers purchasing their forever home - whether they knew it at the time, or not. Between today's higher rates and the difficulty of buying a better home, just about everybody is stuck in their current house. How...
Hat tip to the readers who sent in this article found in the tabloid newspaper NY Post. It mentions the Fannie/Freddie fee increase for those with higher credit scores, and fee discount for those with lower credit scores. All the revised policy does is reduce the gap...
The number of active listings broke out of its range! But the flow is still a trickle: It's hard to tell whether we are starved for inventory or it's just enough. We'll know over the next four weeks as the spring selling season wraps up. Will there be a spurt of new...
Long-time friend Peter gave me a classic Padres jacket that I wore to the game last night, and everyone was asking about it! Hat tip to Gary for getting me on the Silver Slugger wall!
Carlsbad only ranked #15, so there must be 14 better places! Scottsdale is #1, and all have reviews: https://www.niche.com/places-to-live/search/best-cities-to-retire/
