Burton Cummings and Randy Bachman perform "Undun" on Cummings' CBC TV Super Special in 1977.
Month: July 2023
Me and the Boss
Yesterday we had our regular sales meeting, and our manager Steve had the same clothing idea as me - though he also admitted that he wasn't sure if gray goes with khaki either! We were acknolwledged for our five-year anniversary at Compass (hard to believe!), and we...
San Diego #1 In USA
The Case-Shiller Index has risen more this year in San Diego than in any other metro area! Could we end up being the most expensive metro in the country some day? It could happen, and it would be a return to the top spot, according to Channel 8 - check the first 30...
San Diego Case-Shiller Index, May
The San Diego Case-Shiller Index has bounced back nicely this year! Percentage Change Between January and May 2019: +3.5% 2020: +3.6% 2021: +13.0% 2022: +11.6% 2023: +8.2% Even if it flatlines the rest of the year, are there any local homeowners that will be...
Carmel Valley One-Story House
I don’t know if they did it on purpose, but this was priced well below market at $1,295,000. On Friday it closed for $1,570,000. The open house started at noon – I got there at 2pm and it was still cranking. This was the lowest-priced single-family-residence in Carmel...
Real Estate – Last 12 Months
My friend Steve did a nice job here comparing the forecasts to the national statistics (he's talking to agents):
Inventory Watch
In the past week, there were 18 FEWER new listings and 15 MORE new pendings than the week before - and boom, the mid-summer surge continued....but only for some, not all. A good example of the current market conditions is one of the La Costa Valley 6 that we've been...
Now Shiller Says ‘It’s Seasonal’
Bob was like all the others and predicted a 10% drop in prices because of higher rates. Now he's joined us on the seasonal bandwagon. An excerpt from this article: Fast-forward to 2023, and Shiller is once again closely watching the U.S. housing market after its...
Safest States
For those leaving California, you’ll be the safest in Massachusetts, followed by Vermont, New Hampshire, Maine and Rhode Island. Safety seekers should avoid Louisiana, Arkansas, South Carolina, Mississippi and Oklahoma. [button...
NSDCC SP:LP Preliminary
The NSDCC sales are trending lower and appear to be focused on the lower-end: We should still get the 100+ sales in July, and hopefully no one will be screaming about prices dumping 20% in one month. It's just that the higher-end isn't clicking like it was before....