With the July index being a 3-month weighted average, this should be the last of the stronger readings of 2024 and the momentum should taper off for the rest of the year. I like using the non-seasonally adjusted index because we can handle the truth. The San Diego...
We are trying to reach audiences in different places - this will end up on Instagram - but I like playing them here too for those who prefer videos even though we acknowledged last week that the Fed cut is a nothing-burger for now. Every message has it's own...
Hat tip to Jorge who sent in this interview with Jeffrey Gundlach, the prominent bond trader who speculates with confidence on the Fed's half-point cut and what it means for the markets. He speaks quite knowledgeably about everything except the future of the housing...
Statistics are quirky - there are always things that happen that defy explanation. Look at the uptick in inventory in today's reading, and note that the same thing happened last year! The number of pending listings has been riding above last year's pendings count,...
The entry-level homes have kept, or exceeded their value from the frenzy. Generally speaking, it takes $2,000,000 or more to buy a decent house between La Jolla and Carlsbad today. What about higher up? It was at the peak of the frenzy in early 2022 that three homes...
In what might be the biggest news of the year for us, daughter Kayla has joined the Compass family in New York City! Because she still has her California real estate license, she has also joined us at the Klinge Realty Group, making KRG bi-coastal! A few other agents...
Hat tip to just some guy!
Rick has some of the best insights on the real estate market - follow him at
Ringo at Humphrey's with Steve Lukather (Toto) on guitar on stage right, and Hamish Stuart (Average White Band) and Colin Hay (Men at Work). Incredible show - they played all the hits, and it would be worth it to see any one of these guys play with their former band....
From MND: We publish daily coverage of mortgage rate movement and have done so for nearly 20 years now. It's a great place to quickly check in on rate trends and to get a sense of what's true and what matters. If you'd been checking in at any point in the past few...
