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Jim the Realtor
Buckingham/Nicks
Last week, Stevie and Lindsey both quoted lyrics on their social media from their song, Frozen Love. They were teasing the re-release of their 1973 album Buckingham/Nicks (finally!), and fans went nuts over the possibility of one more tour. Stevie started this video...
National Outlook
Mike mentions that the current unsold inventory is +37% YoY in California. But sales and pricing are holding up so we're just getting used to having more active inventory laying around not selling.
Trendy Tuesday – Investing
A recent report found 27% of all US homes sold in Q1 2025 were purchased by investors - the highest share in at least five years. That number was 18.5% between 2020 and 2023. However, the number of homes bought is only a 1.2% increase YoY, showing that investors...
SD Case-Shiller, May
San Diego Case-Shiller Index, Non-Seasonally-Adjusted The buyer enthusiasm in 2025 was about half of what it was in 2024. The May reading is the first double-aught month, with both MoM and YoY logging in zeros, and it sure looks like it will be the peak of the year....
Inventory Watch
What we have is an extra ~100 active listings this year. It hasn't discouraged buyers or sellers, based on the statistics. Here's the YoY distribution by price range. NSDCC Active Listings Compared to 2024: 0-$2,000,000: same $2,000,000 - $3,000,000: +30% $3,000,000 -...
NSDCC July Sales, Preliminary
The pundits might make some noise about dropping sales but around here the pricing is holding up. Besides, the 2024 sales look like an outlier compared to the two previous years. Fewer sales are a sign of patient sellers, and unless there is a bulk dumping on prices...
More Shore
Tim is from Newport Beach so he's taking some latitude here to see what's acceptable around Carlsbad in 2025. He's pretty funny but I haven't seen much of the house: View this post on Instagram A post shared by Tim Smith (@timsmithrealestate)
Retire on $1500/mo.
Surrounded by majestic mountains and natural parks, the medieval city of Bragança in northern Portugal offers affordable living without sacrificing modern amenities. Home to 34,000 residents, Bragança boasts a private hospital, a modern shopping center, and furnished...
Capital-Gains Tax Removal
Virtually every homeowner around here would benefit greatly from the capital-gains tax being removed from home sales. Only those who bought in the last 3-4 years don't have a $250,000+ gain already ($500,000 for married couples), but they bought their forever home and...
