These ivory-tower guys have explored the topic of rising inventory and it's relationship with declining home prices - and backed up their conclusions with math that every rocket scientist should love!...
When Will Prices Decline?
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2026
Market Hotness
The San Diego metro area is considered 'Warm' by realtor.com, but only because of the fantastic start we had this year. Our ranking among other metros is plummeting: Jan: #65 Feb: #72 Mar: #96 Apr: #132 My green arrow above points out how if it weren't for the hot...
Notes For 2026 Sellers
For those potential sellers who are already writing off 2025 and plan to sell in the new year instead, note how the selling season has been starting sooner than ever. Peak pricing last year in Coastal North was in February, and this year it was January (scroll over):...
Selling Success Rate
The takeaways from the graph above will be different for different people. Not suggested: Those who did negotiate probably didn't get much of a discount. Most buyers and sellers were satisfied their agent was worth it. Better agents are prevailing. Why is it important...
Future Demand
Our head cheerleader is back at it. He is predicting that sales and pricing will increase this year, which is optimistic: Here are the local YoY comparisons: It's been a miracle that sales and pricing this year have kept up with the 2024 numbers. Any Fed rate cuts are...
Full Blown Glutty
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...
