Month: May 2023

Local Zillow Estimates

Here are the Zillow estimates of appreciation over the next year - all are back into positive territory! If they are reading it correctly, it means they will have more increases coming over the next couple of months before the appreciation rate relaxes during the...

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Is Housing A Constitutional Right?

If you are contemplating a move out-of-state due to politics....you're going to love this: Despite Gov. Gavin Newsom’s historic commitment to ending California’s housing crisis — and the administration’s arm-twisting to try to make local jurisdictions do the right...

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Inventory Watch

The inventory has been so low this year that any excess hasn't been noticeable....until now. In a hot market, the additional listings will get picked up by the stronger demand. But there will be a point when excess listings start stacking up. You can't blame it on the...

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Towns With High-Growth Projections

Although the housing market is often spoken of in aggregate, variations and pricing and market performance can be very localized. For example, according to data from Zillow, the anticipated one-year growth rate for homes prices in the U.S. as a whole is 1.7%, with a...

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Del Mar Lot Auction in 2010

Textbook example of how to run an auction - hit 'em fast and furious in the beginning to get bidders to jump, and hope for the best. It worked beautifully too, because I'm not sure there was more than one bidder. P.S. Carson Palmer was the buyer - he built a big...

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