The importance of hiring an experienced agent during tough times can't be overstated. Every agent can handle the easy deals in the absence of chaos and uncertainty. But the deals are going down harder than ever now. Buyers are gaining more control of the market every...
Jim the Realtor
Market Hotness
The San Diego metro area is considered 'Warm' by realtor.com, but only because of the fantastic start we had this year. Our ranking among other metros is plummeting: Jan: #65 Feb: #72 Mar: #96 Apr: #132 My green arrow above points out how if it weren't for the hot...
Leucadia New
These are as good as anything else at the beach! Plus a peek at a $3.2M in La Costa Oaks.
Mick Ralphs, RIP
Mick Ralphs, lead guitarist for Mott the Hoople and Bad Company, passed away this week. He's on Paul's left here. I agree with one of the readers - Bad Company deserves to be in the Rock and Roll Hall of Fame:
The Compass Fight
It looks like the Compass vs. Zillow lawsuit could change the world. A long-time broker/attorney filed his response here, and he thinks Compass has a strong case - and Robert Reffkin added his thoughts in the comment section:...
SD Case-Shiller, April
San Diego Case-Shiller Index, April The first few months of 2025 are logging about half the gains as last year. It means next month will be flat at best, and hopefully the rest of the year is the same as last year? “The housing market continued its gradual...
Lower Rates Soon?
The mortgage rates usually drop before the Fed does their cut - then mortgage rates rise. Buy the rumor and sell the news! If we could just get down to 6.5% it would be a relief. https://www.mortgagenewsdaily.com/markets/mortgage-rates-06232025
Inventory Watch
Wow - the stack of unsold listings keeps rising, and now up to 612! Comparing to recent years: 2022: There were 15 weeks when the number of actives was between 400-500. 2023: Only three weeks when the standing inventory was just over 400. 2024: There were 28 weeks...
Compass vs. Zillow
Zillow is scheduled to start their ban this week, but this lawsuit should pause everything. Wouldn't it make sense for the DOJ to step in and voice their opinion right about now to help guide us to the eventual conclusion? Or will they continue to stand by and just...
Selling Parents’ Home
Are you preparing to sell a parent’s home? How should one approach an elderly parent who is reluctant to sell their home? What are the common mistakes people make when trying to sell a parent’s home, and how can they avoid them? Here’s what experts and sellers...