There were 182 NSDCC listings in January, as of today – which means we have a clear winner, even if a few more listings get added by late-reporters.
Congratulations Rob Dawg!
The season starts on March 30th, and May looks like a great month to attend a game. What might be the two best giveaways of the season (vs. the Reds and the Royals) happen that month, plus the Dodgers make their first visit back to Petco Park.
Dawg’s favorite team, the Red Sox, also return in May!
The summary of guesses, with some additions from the FB page:
175 Sciguy 186 Rob Dawg
200 Jeff Campbell
203 Lauren Stickelman
252 Aunt Nancy
333 Sherman Messing
This was the first time that the actual count of January listings landed in the upper third of the guesses. But don’t get giddy about the inventory just yet – here’s how it compares:
NSDCC January Listings:
The lack of choices is what causes hyper-frenzy conditions – it causes buyers to freak out. When a top-quality listing hits the market, buyers feel like this might be their only chance this month, or this year, to buy such a good match to their needs – and then the lack of transparency makes them go nuts.
It’s going to be a wild and crazy season – and not just for the Padres!
I asked them to write a blog post for bubbleinfo.com. I think my job here is secure……
In recent years, the real estate market has been experiencing a phenomenon known as a “bubble.” But what exactly is a real estate bubble, and why is it causing such a stir in the industry?
A real estate bubble occurs when the price of properties in a particular market rise significantly and then drop just as dramatically, often due to market speculation and overheated demand. This results in a situation where property prices are not supported by economic fundamentals such as income and employment growth.
Bubbles can have serious consequences for both the real estate market and the wider economy. When the bubble bursts, it can lead to a sharp decline in property values, causing homeowners to owe more on their mortgage than their home is worth. This can result in widespread foreclosures, a drop in consumer spending, and a slowdown in economic growth.
This blog started on September 24, 2005. It was a Saturday morning, and literally I thought I better get into this blogging thing before every other realtor started doing it. This was my first blog post that talked about 20% to 25% appreciation per year:
I am very grateful for you being here. At the height of the notoriety in 2009-2010 when all we talked about was foreclosures and short-sales, the monthly unique users was around 11,000. To still have 6,421 over the last 30 days is fantastic, given that the market turned 180 degrees in the opposite direction since 2009, and I figure that once readers buy or sell a house, they are likely to quit reading and go on with their life:
The new-visitor count has to be loaded with bots.
Where are you from?
Ashburn must be where the bots live?
What devices are you using?
Do bots have a mobile device?
Beats me, but if they don’t, then the audience of real people is into the thousands – yay!
How about age and gender?
I love seeing the younger people – about one-third of you are age 34 and under:
About 60% of readers go straight to the home page, and the others are either searching for a specific real estate topic and find a bubbleinfo article, or readers are sharing links to articles with their friends and family, which I really appreciate – thank you:
We are in New York City with daughter Kayla, her boyfriend Frank, and Rob and Andrea, the sellers of the Encinitas Ranch house who relocated to Brooklyn. Here’s a tour of the home that Kayla sold them!
The Other Bob (TOB) suggested a blog post where he and others could ask questions.
Let’s do it!
Leave your questions in the comment section, and I’ll do my best to answer promptly. The comment section is moderated, so you will see your comment once I have a chance to review and approve.
We are busy launching my best listing of all-time today, so it promises to be the biggest day in the nearly seventeen years of Bubbleinfo.com history!
For those who would like to review the history of this blog, the 10,094 posts are poorly organized here. You’ll see that I went back to the first three years and marked nearly every blog post as private (868 posts). Hopefully, the whole history will be re-visited, organized, and turned into an action thriller some day:
We are grateful for the opportunity to assist our blog readers! From a recent seller:
When we moved to San Diego in 2005 we rented a big house on Mt. Soledad (La Jolla) with 180 degree ocean views for the same payment as a mortgage on a dump in Chula Vista. Clearly something was wrong. Yet, the media was full of the usual happy-talk nonsense, so I was glad to find Jim’s blog.
I’ve followed his honest assessments and data since.
We decided to sell and move to AZ at Thanksgiving. Dec. 1st we met with Jim to sell our home. We closed today (29 days later). Jim orchestrated a feeding frenzy — we had 25 showings in 2-1/2 days, multiple offers, and sold for well over asking price. I’d say he earned his commission!
We have owned and sold homes in 5 different States always using experienced, productive, full-time realtors. Jim outshines them all. You don’t decide to sell and close 29 days later over Christmas (with COVID lockdown) without some miracles. Donna was amazing at performing lots of those miracles and ensuring that everything was done right and on time. They are a terrific team with a very responsive and professional network.