John is talking about builders here but I couldn’t pass up his mention of last January and February being sensational, and then fizzling out. If rates start climbing again (and it was a bad week – see above), we could have a surge of new listings colliding with rising...
For more and more people nearing or entering retirement, the South continues to be a draw, from Hot Springs, Arkansas, to Vero Beach, Florida, and plenty of zip codes in between. More American families have moved to this region than any other part of the country for...
Last Friday I had my nine reasons why inventory is going to surge in 2025, and it's going to start up in January just like it did this year. It wasn't a bad thing in 2024 because NSDCC sales have increased +6% year-over-year as the demand picked up some of the extra...
To demonstrate further how the momentum is building, let's look at SE Carlsbad. 4th Quarter SFR Closed Sales Between $2,000,000 and $3,000,000 in the 92009: 2023: 9 2024: 23 The optimism coming off the election helped, because ALL of these went pending since November...
Let's class it up a bit and go with the orchestra version of one of Alicia's best: Their architecturally-significant home in La Jolla:
There are 20% more active listings, and 21% more pendings than we had last December - a monthly trend here in the fourth quarter of 2024 as the demand is keeping up with the supply. Compare it to August when there were 26% more homes for sale year-over-year, but 17%...
The holiday season is truly my favorite time of year! I love spending extra time with family and friends, decorating my home, exchanging thoughtful gifts, and taking time to reflect on the past year while dreaming up plans for the future. These traditions fill me with...
They are saying that in the expensive coastal markets there are fewer empty-nesters, but they base that opinion on the percentages? The San Diego metro of 3.3 million x 13% = 429,000 empty-nesters sounds significant to me! Some have suggested that empty nest...
Some of the active home sellers aren't detecting any reason to stop trying. With 45 new listings in the last week, we're back up to 401 NSDCC houses for sale - what off-season? If you haven't cancelled your listing by now, you're plowing through Christmas and into the...
Back in the 2008-2010 era the market was quite different. I did a bunch of videos during the downturn, and ended up with 435 youtubes that had 1,000+ views! These days, I'm lucky to get 100 views. This was a typical example of videos I did around Carlsbad. The big...
