This is a partial clip of my appearance on the Derrick Evens show today. His full 14-minute version will be here on Monday - without the pregame banter. Hopefully his camera angle is more forgiving:
Forecasts
Post-Frenzy Forecast
The prognostications are coming in about the direction of home prices. It's easy to predict that the market won't be as hot as it's been (or will it?). The Burns forecast will be as good any of the guesses, and don't be surprised if all of them end up predicting a...
San Diego Home Pricing By Tier
https://journal.firsttuesday.us/san-diego-housing-indicators-2/29246/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The last paragraph (above) might be the worst misread in the history of forecasting. I'm not sure why they are sticking with it. Mortgage servicers...
NSDCC Monthly Listings & Sales
The Covid Frenzy has had remarkable shift in market efficiency like we have never seen. Historically, we have had so many listings that 35% to 40% of them didn't sell. This year we had 977 listings hit the market in 1Q21, and 80% of them have already closed escrow! ...
Second-Half Predictions
As we enter the middle of 2021, many are wondering if we’ll see big changes in the housing market during the second half of this year. Here’s a look at what some experts have to say about key factors that will drive the industry and the economy forward in the months...
Top Markets in 2021
Zillow Survey Predicts Austin will be the Nation's Hottest Housing Market, Leading a Sunbelt Surge More affordable metros are replacing expensive coastal areas as top drivers of home value growth -- A panel of economists and real estate experts expect Austin to...
Zillow Increases Appreciation Forecast
In November, Zillow busted out of the pack of prognosticators and predicted around 7% appreciation for NSDCC zip codes over the next 12 months. They have revised again - now predicting that our North San Diego County coastal areas will appreciate at least 10%: La...
San Diego #1 in USA
Either we are undervalued, or we're getting more popular....and maybe both! The price of a San Diego home could increase by more than 8 percent this year, more than anywhere else in the nation, according to a forecast released Tuesday. Real estate analysts CoreLogic...
Frenzy Duration
We'll be all frenzied up for the next few months - when will it cool off? The real estate market will likely mirror the course of the pandemic. You've probably heard the comparison to the Roaring 20s - the boom that kicked off when World War 1 and the Spanish Flu of...
Hello 2021 Frenzy!
When will we know more about the 2021 frenzy? We already know it's going to be hot - look at the sales count for this month, plus we have 285 pendings: NSDCC December Sales Year December Sales The Following January Sales % Drop-off 2012 181 128 29% 2013 223 184 17%...