Rob Dawg noted that the year-over-year comparisons are worth a look, now that the super-frenzy days are over. Sure enough, this month looks a lot like last December! La Jolla is going strong, Rancho Santa Fe is back to the priced-to-sit program they made famous, and...
I wonder how many realtors can say they have been producing 1-2 real estate YouTube videos per week since 2006? Mine don't go viral because I try to keep them educational in nature. It reminds me of the time when two Hollywood big-shots called me to discuss a TV show....
Obviously, this year isn't over but it's close - and we'll be lucky to hit 1,800 sales this year (there have been 22 sales closed in December so far). The identical Sales/Listings percentage over the last two years includes a blazing hot first half of 2022 so the...
A former federal regulator who served when the 2006 housing bubble burst is concerned that today’s housing market is on an unsustainable path. The housing market’s affordability is worse than it’s been in decades as mortgage rates toy with 8%. The median price of a...
Today we wrap up the 50-week look at the number of NSDCC active and pending listings for 2023 (above). Last year's market was the only one that was somewhat comparable to this year, so here's how 2022 looked for the same 50 weeks: Second week of December, 2022: 329...
Mortgage rates have come down 1% in the last few weeks, and the casual observers are hoping it means that the Big Turnaround will commence in the Spring of 2024. But for a full-fledged frenzy to break out, home prices would have to drop too. We'll never learn much...
Judging by the commentary, maybe the discount was warranted? This is 150ft away from my $1,999,000 listing - I can't be too far off (we have received an offer):
It looks like 29% of you, or almost one out of three, are looking to move elsewhere? Or are you just confirming that there's nothing better than San Diego? San Diegans are looking elsewhere to live, according to a Redfin report that placed America’s Finest City as the...
