The author has been writing about housing for 3+ years, and has already identified the key topic. Even though the houses owned by boomers might be in superior locations, they are dated and in need of repairs and improvements. While she thinks fixers will become...
Year: 2023
San Diego YoY is #2
The following metro areas had year-over-year median home price increases of 10% or more since September 2022: Los Angeles: 23.8% San Diego: 18.2% Richmond: 15% Cincinnati, Ohio: 14.6% Providence, Rhode Island and Massachusetts: 14.6% Boston: 14.1% Columbus, Ohio:...
Baby Boomers – When to Move
For virtually everyone - and especially for the long-time homeowners - moving is a life-changing event. People are already having a life-changing event, and that's what is causing them to move. Just getting older is life-changing! Selling the house and moving is the...
John Lennon’s Birthday
Happy 83rd Birthday John - the world could use you right about now: The war is over if you want it
Vault Room
With the news of terrorists going door to door to inflict their heinous acts, some may be thinking of fortifying their home - and/or adding a safe room. If you don't want to build a concrete underground shelter, and just want to modify an existing room, this video...
Reaction to Black Swans
How prepared is the real estate market for unpredictable black swan events? The 2008 financial crisis gets thrown onto the list, but it was a gray swan that was predictable - and widely discussed for 2-3 years in advance. Things could have been done to avert that...
Inventory Watch
We're down to 127 pending escrows, and with the current events getting more negative every day, the local real estate action should quiet down considerably for the rest of the year. The $0 – $1,500,000 Market: Date NSDCC Active Listings Avg. LP/sf Avg. DOM # of...
New in the Ranch
Brand new single story in the heart of the village - this property used to be part of the Inn. This sold for $4,250,000 after 450 days on the market (with no price reductions). The listing agent 'refreshed' the listing after 421 days and then it sold right away.
Most Neighborly
What are the 10 most neighborly cities in the U.S. in 2023? Neighbor.com ranked cities across the country based on violent crime and property crime, volunteering, voter turnout, charitable giving and population: Madison, Wisconsin Minneapolis, Minnesota Colorado...
Terramar Beach Bungalows
Two legal beach bungalows separated by a terrific garden in the middle of one of the largest residential lots (10,200sf) this close to the beach - plus it's in the exclusive Terramar neighborhood which has its own private access to the sand! Away from the high-density...