Knowing the number of NSDCC listings in January will give us a feel for how hot the market might be for the rest of the year. If there is a big surge this month (more than +20% over last January's count), then the market could get sluggish in a hurry. If there is only...
On December 9th, there were 401 active listings bertween La Jolla and Carlsbad. Today there are 298 actives. It would be natural to think that the reason the count dropped so much was that sellers were cancelling their listings in preparation for a new approach in...
Virtually everyone is reluctant to predict the future of the real estate market. Even most realtors will throw their hands up and declare, "Who knows?". But around here, one fact has been clear and it tells us what we need to know about the rest of the year. The...
For many workers, retirement represents an opportunity to reinvent themselves. “A lot of people feel, well, my job is done, and this is my opportunity to have some fun,” says Dr. Gary Small, chair of psychiatry at Hackensack University Medical Center in Hackensack,...
The Zillow guesses on local appreciation over the next 12 months have gotten more optimistic. I added their previous guess from November in paratheses next to the zip codes, and the change in their typical home value over the last 12 months (in green). In 2024, the...
Is having more homes for sale a big deal? The local market has survived everything else, though they were all at lower price points. If price adjustments are needed, what can we expect? I've mentioned how my recent listing in La Costa Oaks got caught up in price war....
In 2024, we had more drama than usual. The Big Three: Hotly-contested election. Commission debacle. Mortgage rates that were supposed to come down, but didn't. Any one of those could have derailed the real estate market, but instead we survived just fine: NSDCC Annual...
2024 Final Score: 621 blog posts and 47 sales closed - thank you! We are immenesly grateful for you being here, and allowing us to assist you with your real estate needs!
The local market has been so hot since the election that the second-half losing streak may end prematurely, instead of declining through the rest of 2024. I already said +5% for next year's NSDCC appreciation, and all of it to be in the first quarter. San Diego...
We're going to start the new year with about 17% more houses for sale than we did in 2024. They will be joined by other failed listings from the past, and the inventory will most likely be rising faster than normal. The first inventory count of 2024 was 255 homes for...
