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...

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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...

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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

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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...

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