Bill provides a ton of relevant data and it helps show how the real estate trends reflect the human condition - the same things are happening everywhere: I've been thinking that there will be 15% to 20% more inventory this year, but so far the flow has been subdued...
Since October, I've been warning about a surge of inventory coming in 2025. It won't be that obvious to the casual observers, and many won't notice at all. Even the early statistics and/or the actual transacting may mask it somewhat because, who knows? There might be...
I called our local market 'stable' the other day. Zillow doesn't have us in America's Top 10, but their 58.3 gets us into the Seller's-market category which sounds stable enough. They have slightly increased their 12-month optimism too: NW Carlsbad - 92008 SE Carlsbad...
None are in San Diego County but a good collection to consider if you are thinking of moving! https://www.worldatlas.com/cities/11-picture-perfect-california-towns.html
Remodeling? I think it's a better idea to move! Renovations are on the rise. As more homeowners are staying put, the need to spruce up their living spaces is gaining more focus. The 2024 Angi State of Home Spending report released this week details the home...
The local market isn't at the frenzy level, but can we at least call it stable? Last month there were 18% of the sales that closed over their list price. There were 41% of the sales that closed for at least $100,000 under their list price. If roughly 60% of the sales...
I've suggested that there are two different markets. One-story homes, and everything else. It's because older buyers don't want stairs. Simple enough. Baby boomers control the destiny of the real estate market, and specifically, the supply of homes for sale. They (we)...
Happy Tuesday everyone! I'm a big admirer of Iris Apfel, the American Businesswoman and interior designer. This Queens native was known for her bold style, chunky bangles, and oversized sunglasses. Although she sadly passed away last year, Christie's in Midtown NYC...
We started signing new listings in October in anticipation of the market getting off to a fast start early, just like last year. So far, so good: NSDCC January Action The previous years are sold listings that went pending in January. In 2025, most of the 126 are...
In the post-settlement world where agents are expected to prove their value, Compass will soon unveil a new client-facing portal that it says will streamline the transaction process for buyers and sellers while also helping its agents build more business. The new...
