What would a frenzy of inventory look like? There has only been a 15% year-over-year increase in the number of homes for sale in 2024, which isn't that noticeable, especially to the casual observer. Plus, the top-quality homes still get swept off the market quickly,...
I thought the run-up to the election would cause potential home sellers to wait it out. Wouldn't it make sense to NOT list your home in the month or two before the most contentous election in history? Certainly home sellers would have foresight and believe that buyers...
San Diego Case-Shiller Index, August 2024 It is typical for pricing to be softer towards the end of the year. In 2023, the decline was limited to the last three months, but this year it started much earlier and the drop has already matched last year's total decline...
He's not just passing through - Mark Wahlberg is setting up shop in South O: View this post on Instagram A post shared by Mark Wahlberg (@markwahlberg)
Approximately 79% of homes in the US are owned by people aged 65 and older. Aging in place is fine, but many of the more-affluent seniors are opting for luxury accommodations and paying a hefty price - and there is no shortage of demand. The better units at La Costa...
The number of pendings is catching up with last year's counts, and, with this being the end of October, there should be another 20+ that close escrow this week. The pendings' count is going to get down to around 100 in the next couple of weeks, which probably means...
Mortgage rates are going to be sticky. A good solution for buyers is to do a 2/1 buydown on their rate today. They get the benefit of lower-than-market rates for the next year or two while waiting to refinance once rates drop - and if they don't drop, at least you get...
View this post on Instagram A post shared by Louis Comte | City 3D (@city_3d_)
One-year estimates show more homeowners and renters are moving to California vs. the number of people leaving, though they didn't count those moving to a foreign country. Interesting that Texas is #1 on both lists!
There has been a lot of discussion recently about the outrageous cost of fire insurance, and how the FHSZ has been expanded to include major portions of regular suburban towns like Carlsbad. The buyer of our Circulo Sequoia listing will be forced to pay a premium for...
