Compass agent Nikol has this new listing in Ranchview Estates, which has some of the best easterly views of Olivenhain and Rancho Santa Fe:
Year: 2023
Where to Move
This week's articles on where to move: https://finance.yahoo.com/news/where-baby-boomers-moving-2023-122500526.html https://realestate.usnews.com/real-estate/best-places-to-retire/articles/the-best-places-to-retire...
Zillow’s 2024 Predictions
In 2024, Zillow economists predict home buyers will have more options and a bit more affordability breathing room — but only a bit — after the inventory crunch and mortgage rates rising to 20-year highs were this year’s headline news items. Buying a home will remain...
November Graphs
Let's look at the graphs that were updated with November's data today: About 50,000 people live in Carmel Valley, 92130, and only seven houses sold there last month? The pricing is holding up for the few who do sell: The wildest frenzy period was from Spring, 2021 to...
Appreciating Life
We are going through this now in our family, and it's probably happening to you or someone you know. It's a reminder that if you're a senior and have one move left, it's so much better to move sooner, rather than later (trying to put a real estate spin on this...
NSDCC November Sales, Prelim
The market is so much different now than it used to be that we should jettison all previous assumptions (paraphrased from a Rob Dawg comment years ago). In the old days, prices would be coming down by now because the demand would have been severely impacted by higher...
Market Evidence
Here's the tour of the Solana Beach listing from last night: Nobody is giving away the premium properties. The more premium, the more buyers! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ I should do more follow-ups on listings seen here previously for market calibration: This RSF...
An Inventory Surge?
While a surge in inventory next year would help to change the market dynamics, there isn't any hard evidence of it happening yet: How many would be considered a surge? If the number of new listings rose 10% or even 20%, would anyone notice? Probably not. Using these...
New Fannie/Freddie Loan Limits
In 2024, you will be able to buy a million-dollar home in San Diego County with 3% down. Thank you taxpayers! What will it take to qualify for a $1,006,250 loan? The P&I payment at 7% is $6,695, and by the time you add PMI, property taxes, insurance, and HOA, the...
One-Story, Newer, Price
Michele and I cruise around twice a week looking at the new listings. I love it because I get to pontificate about the business and give her guidance like a good broker should. She asks many great questions, and today was no exception. She had read the blog post from...