Forbes screened more than 800 locales in the U.S. for everything from climate change risk to crime to availability of doctors. We then compared those that made the cut for what they offered in leisure pursuits—from the arts, fine dining and learning to hiking, skiing,...
Month: September 2023
NSDCC in 4Q2023
The local real estate market between La Jolla and Carlsbad has been fairly healthy lately, and feels in better shape than it did last year at this time when we were still getting over the initial shock or higher rates. How will the rest of this year turn out? The...
Insurance Standoff To Ease
Currently buyers are having to pay 2x or 3x the previous bill for homeowners insurance, due to the lack of options because the big insurance companies have stopped writing policies in California. Some are blaming climate change, and guys like Carl Demaio are blaming...
Attention Downsizers!
1610 Hermosita Dr., San Marcos 3 br/2 ba, 1,906sf YB: 1991 4,597sf lot LP = $1,100,000 Check out our new listing of a roomy 1,906sf one-story home right on the Lake San Marcos Executive Golf Course - now called the Exec at Lakehouse! Hardwood floors, vaulted ceilings...
Telephone Line
Jeff Lynne has had a remarkable career. He has produced music for everyone from the Beatles to Joe Walsh, co-founded the Traveling Wilburys and his Electric Light Orchestra is playing locally in November! https://en.wikipedia.org/wiki/Jeff_Lynne
NSDCC September Sales, Preliminary
We're having another amazing month, and should get close to 150 sales! The pricing appears to be holding up nicely too (and more evidence that July's collection of lower-priced sales was an anomaly).
Dogs Are People Too
When selling, it's smart to make your home appear to be pet-friendly! Proximity to good schools has long been a deciding factor for home buyers. An increasing number of house shoppers, however, are looking for schools that specialize in fetching rather than phonics....
SoCal Report
I'm on track this year to beat my production volume of 2022! From TRD: During the pandemic, home sales boomed on a foundation of low-lying interest rates. Now real estate professionals are seeing the slowest market in 35 years. With mortgage rates higher than 7...
San Diego Case-Shiller Index, July
The local index is about where it was last month AND last year at this time. It is 3% below the peak of last May, and +9.6% year-to-date. It wouldn't surprise me if it slides downward ~3% the rest of 2023, then up ~3% in the first half of 2024, then down ~3% in the...
Inventory Watch
Most people - especially agents - are experiencing a tough year for real estate sales. How tough is it? Here is how the numbers looked a year ago - they are about the same: It means that the current market conditions will probably extend well into next year, or...