The Fed paused alright - Jerome just talks up the rates now! Rates moved only moderately higher on Wednesday after the Fed rocked the bond market with its updated rate forecasts. To reiterate yesterday's analysis, it's not that the market is expecting the Fed to be...
Year: 2023
Hippie Hill Sold
Paying $6.3 million is the biggest boondoggle since the city paid $10 million for the closed Pacific View school. ENCINITAS, Calif. – City leaders in Encinitas are moving forward in their purchase of about 1.5 acres of land at La Costa Avenue and Highway 101, known to...
Zillow Local Forecasts
At the beginning of 2023, the Zillow 1-year forecast for San Diego home values was -0.8%. In May, their expected 1-year appreciation rate in our local areas was around +3%. Now they are guessing it will be around 5%….which might cause more sellers to wait longer! SE...
Moonlight Beach Oceanfront
Original condition from 1963 - the ultimate bohemian beachfront lifestyle!
Home Elevator
Many who own a two-story home wonder if there is a reasonably-priced elevator they can install once their knees start to give out. This is the best value I've seen, though I still recommend moving instead!
Tighter Inventory
According to Bill's post, there were almost as many San Diego sales in August (2,049) as there were new listings (2,323)! The 197 NSDCC sales we had in August were the most monthly sales in 2023, and we already have 96 NSDCC closings in September....which means we...
State of the Market
The graph above is another way to identify the local pricing trend. If it weren't for the surge of lower-end sales in July, the trend line this year would look all positive. It should mellow out over the rest of the year, and even if it flatlines, the market will be...
Taste of Encinitas Tonight
Don’t miss the best event in downtown Encinitas! Treat your taste buds to food and drink samples from 15+ restaurants and enjoy local wine and local craft beer served at 20 Sip Stops hosted by shops and salons. There will be non-alcoholic sip stops throughout town as...
Going All Out
Every listing agent has a chance to pitch their new or reduced listing on the hotsheet - the page we agents live for because it updates every time we look at it. We only want to see the fresh meat. Once you make a change to your listing, you can say anything you want...
Sell In 2024….Or Now?
We are back to peak pricing! But it sure doesn't seem like a good time to sell your house, and as a result, most potential sellers will pack it in and wait until The Home-Selling Season of 2024. Is there anything wrong with waiting until next year? Mortgage rates...