Hartford was a little higher but I never liked them much. Let's not count them.
San Diego #1 in 2023
read more
2023
Over List, December
The total number of December sales is up to 86, and there's a chance it might get to 100 but it will probably take another month before all the late-reporters check in. But we saw that 12 buyers were willing to pay $100,000+ over list , and the 34% is a nice pop for...
Best Videos of 2023
I produced 166 YouTube videos on my main channel this year, and these were the best, as decided by me. All had to have 200+ views to qualify: This is just another grandma house blowing out at $125,000 over list, which isn't remarkable. But this is the only video ever...
Photos 2023
Over List, October
The number of sales and percentage of homes that closed over their list price were better last month than they were last October, but that's not saying much. The late-summer surge has subsided, and the last two months of 2023 should bring in a couple of hundred more...
Buyer Listing
The first week after the realtor-lawsuit verdict went as expected - chaos, doom, and no sexy alternatives. It will take years to appeal, but it won't matter how it turns out. Buyers are going to be paying their agents. If sellers aren't obligated to pay any commission...
Covid Buyers Now Selling
Could there be trouble brewing under the surface? Are there home sellers scrambling to get out with whatever money they can? Maybe get just enough net proceeds for the family to have a steak dinner at closing? It was like that last time.....but it's different now....
Price Discovery
A good example of the places that could be undervalued is Terramar in Carlsbad. It's a neighborhood of 240 homes near the beach, and the living is so good that there is rarely any turnover. Without a flow of recent sales, who knows what the market will bear -...
Trophy Properties
Remember when Doug said that buyers these days want something special? With all the domestic and international conflicts, mortgage rates at 16-year highs, and ultra-low inventory making the house-hunting almost unbearable for most buyers, there are still homes selling...
San Diego Is Most Expensive
San Diego is #1! Hat tip to Mitch for sending this in: According to the magazine, the Value Index measures how comfortably the average resident of a metro area can afford to live within their means. Specifically, it looks at housing affordability, as well as federal...
