Tonight at Humphrey's!
Year: 2023
Frenzy Monitor
The Carlsbad market has been surviving quite well - there are 14% more pendings today than last July. The other areas are all above the 2:1 ratio of actives-to-pendings (our standard for a healthy market). The number of actives in Encinitas DOUBLED in less than a...
SW Carlsbad
This is the most recent low sale in the 92011, and thankfully it sold immediately to a cash buyer who went direct to the listing agent. And he still paid $51,000 over list: Wait until tomorrow!
Over List, June
The need to pay over the list price has diminished a bit, but about a third of buyers who closed last month still felt like it was worth paying more than the sellers were asking. Last month looked a lot like June, 2022! There were 24% fewer sales however, and that...
Homeowner’s Insurance in 2023
The Big Three have all left. Hat tip to Richard for sending this in: Farmers Insurance has limited new homeowners insurance policies in California, joining other major national insurance providers. Farmers, the second-largest provider of homeowners insurance in the...
Juan Loves San Diego
The Chamber of Commerce is loving this: If Soto re-signs because of his neighbors bringing him homegrown grapes, give them lifetime season tickets. pic.twitter.com/CW24Clu6FR— Michael Shin (@MichaelUCSD) July 10, 2023
Inventory Watch
The number of active listings breached the 400 level this week for the first time since October. In 2022, the high mark of active listings was 480 on July 25th - here's how last year looked: LAST YEAR: Last year, the pendings count dropped off steadily once rates went...
Open-House Report
I finally got an answer from Natalie the Dancer today!
Hoarding Disorder
It looks like we are going to have an exciting end to the open-house extravaganza today - full report coming later! Meanwhile, we should be more sensitive with those who have trouble going through their stuff - it's a complex mental health condition! Hoarding disorder...
San Luis Obispo County
On Saturdays, we feature other areas - click on the Where To Move category (above) for the whole collection! “I suddenly realised I was in California. Warm, balmy air – air you can kiss – and palms.” I thought about these words Jack Kerouac wrote in 1951 as I turned...