While the PPP fraud was rampant across the country, the ultra-low mortgage rates and lack of inventory were more to blame for inflating home values recently - at least around here: Anecdotal evidence suggests that many recipients of fraudulent PPP loans used the funds...
https://twitter.com/SamuelWigness/status/1537135625953955841
The best thing about 2021 for Kayla? Her new boyfriend Frank, who is a great guy and quite a golfer too! Natalie signed with a new talent agent and has high hopes for next-level work in the new year. Dancing on a concert tour would be ideal, all while being our...
People say to me, "I bet you're loving this market", expecting that realtors are raking it up these days. Not really. I lost 50+ bidding wars with buyers this year who lost out to others who insanely overpaid with no regard for the comps, or because listing agents...
Tom asked on our Facebook page about getting the actives and pendings data for San Diego County. Here is the InfoSparks data from the SDAR Resources page on the MLS - they are interactive so scroll over the graph lines for the exact counts: The first graph charts the...
We know that media types are looking to sell newspapers, and if it bleeds, it leads. The article in the UT this morning about the San Diego Case-Shiller Index starts with this: San Diego continued to slide down in rankings of the nation’s hottest real estate markets...
It is appropriate that the last reading of 2021 shows more pendings than actives (170 vs 164)! How does the last week of the year compare to previous years? I didn't split off the $3,000,000+ category until 2019, but you get the idea here: NSDCC (La Jolla to Carlsbad)...
Momentum going into 2022 is strong, given that the Over List percentage has gone up the last two months: NSDCC Detached-Home Sales, % Closed Over List Price January: 38% February: 43% March: 53% April: 55% May: 54% June: 59% July: 64% August: 55% September: 41%...
It never fails - go golfing and sell a house! I only golf 2-3x per year - we should go more often!
Geez, Jim, you sure are optimistic about 2022 sales and pricing. How come? I mentioned a couple of sales in last week's video, and here is other evidence: When this house in Carmel Valley hit the open market, there was a model-match with pool located a block away that...
