Jim the Realtor

SD Case-Shiller, Feb

San Diego Case-Shiller Index, Not Seasonally Adjusted In 2024, the big action was in the first quarter, and it cooled off quickly after that. The index rose 8.4% in the first five months, then gave back 3.1% the rest of the way. It looks like we'll be lucky to hit...

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Inventory Watch

There are 501 active listings today between La Jolla and Carlsbad. The number of homes for sale in every price category are at their highest levels of the year, with the Under-$2,000,000 category rising from 59 to 74 actives (+20%) in the last week. The high point in...

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Lower Rates Ahead

Trump is urging Powell to lower rates, and the Fed chief is going to cave. Powell will lower the rates. I guarantee it. He's going to lower his Fed rate by 1/4%, and say, "There you go!" This is 2025, and we're in Flat City. There is no help coming. Homes for sale are...

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Zestimate 2025

Homeowners put a lot of faith into their zestimate. They've been receiving their monthly updates for years and years now, and it's like an old friend. It's been so long that they forgot the doubt and mistrust of the zestimates in the beginning, and now figure their...

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Market Share

The first Compass goal was to have 20% market share in 20 major metro markets, and now we're striving to have 30% market share in 30 markets. Locally, we're getting close. The market has been tough on everyone, mostly because buyers aren't going for it like they were...

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