Part of this story is how the buyer-agent compensation played a role in the outcome. It is a sore subject that I detest - the agents should not be a party to the transaction, but because of the botched lawsuit by NAR, the commission rate not only varies, but the...
NSDCC Actives and Pendings We looked at the somewhat-gloomy San Diego County stats, so let's also examine the individual areas around the north county coastal region. Comparing year-over-year, it looks a little gloomy here too. The areas in red have worse numbers...
Here's a look at three new listings that were on broker preview today:
Do you remember that stretch in 2023 when the San Diego-Chula Vista-Carlsbad metro area had the best appreciation in the country? It wasn't that long ago! Look how it's changed since: Widespread housing market softening49 of the nation's 50 largest metro area...
Hey Jim - you've been around. Tell us stories about previous downturns! You don't see them coming because they usually arrive without notice, and they tend to sneak up on you! After a few weeks of nothing, everyone starts to realize that the buyers have dried up. But...
Bill's charts give us a good feel for the San Diego market. Sales are doing great - April sales were better than last year: The new listings are in check too. About the same as last April: But here's the problem. The supply is overwhelming the demand: The number of...
? Check out Kelly Howard's new listing! Welcome to a modern masterpiece at 417 Warwick, Cardiff, where luxury meets innovation in this expansive 5-bedroom, 5.5-bathroom home. Spanning 5,710 square feet on a generous 20,295 square foot lot, this property is located in...
The tariff talk is settling down, the stock market looks fully recovered, we got a new pope, and the President is getting a new airplane. Can we get back to selling homes now? Usually we consider a 'healthy' market to have a ratio of 2:1 actives-to-pendings. Above is...
It looks like the tariff distractions might be behind us? The number of pendings increased for the second week in a row, and the number of active listings actually declined! It might just be a break for Mother's Day though, and there should be a steady increase of...
