16,000sf on 7.4 acres! https://x.com/timurnegru/status/1938365996319776879?s=46
Move to Italy?
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Jim the Realtor
When Will Prices Decline?
These ivory-tower guys have explored the topic of rising inventory and it's relationship with declining home prices - and backed up their conclusions with math that every rocket scientist should love!...
Top 20%
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...
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...
