We have sent a few people to Prescott and Prescott Valley recently and they have loved it! The 2020 population of Prescott was 45,000 and the elevation is 5,300 ft. so you are out of the searing desert heat and get some snow occasionally....
Bill is showing a 9.4% decrease in SD May sales, year-over-year. But around the north coastal area, sales have been holding up. The NSDCC sales in May were +7% YoY, and for the first five months, it's +6%! We can live with those! The number of off-market sales (which...
JB is predicting that the local appreciation will be positive for the next few years, though not by much. Zillow thinks the same thing, and if it bounces around in a tight range for the next 3-5 years, it probably won't surprise many. It means there won't be much, if...
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I know that Brian Wilson died but Sly had a bigger influence on my musical upbringing. Not only was his greatest hits cassette was the first one I ever bought, but later I met Rich Romanello who was their first manager and one of my favorite clients of all time. He...
Usually, the lowball season is limited to the 4th quarter each year. With the excess inventory today, some buyers will be attempting to get a deal now. Buyers - Where do you start? Getting a deal on a fixer can be counterproductive because of the time and money needed...
NSDCC Actives and Pendings The local markets are sinking further into a stallout that will probably last for the rest of the year. Actives are up 27%, and pendings down 16%, year-over-year. Yikes!
Hunch: 'Rebalancing' might take longer than expected. Executive Summary San Diego housing market exhibits a pronounced -2.38% YoY price decline with 3,245 unit surplus inventory, creating a buyer-favorable landscape with 29.6% of listings showing price cuts (+50.3%...
The number of homes for sale between La Jolla and Carlsbad is 15% above the highest count in 2024 - which was in mid-July. Where will we be next month? I thought many would be giving up by now, but instead more are pushing to get out. Are they aware of the difficulty,...
The current chaos combined with the decline of the buyer-agent is causing buyers to stay on the couch - unless they see a compelling deal online. With high rates and prices, you can't blame them for being very picky! Yet there are still lucky sales happening. Ones...
