This collection of opinions has more reach - and more influence - than those of any part-time blogger. Thankfully, these experts are split on whether the alleged slowdown is temporary, so readers will just be on their merry way in hopes that it will all work out....
Forecasts
Zillow Local Predictions
Here are the histories, and forecasts, of our local Zillow Home-Value-Index for each area: They are forecasting flat or declining prices in three of our larger areas - and they are also predicting a drop-off in values as the selling season will be getting underway in...
2019 Forecast Summary
A summary of the 2019 forecasts - they say mortgage rates will be above 5% this year, and that pricing will continue to go up too. Something needs to give, and the only thing left is the number of sales: A year ago, several experts predicted the new tax law would...
Was There Some Panic in 4Q?
We're going to start a contest for Padres tickets in the new year, so let's get a read on how things wrapped up in 2018. We know that NSDCC sales were down 10%, and the median SP was up 8%. Sales of detached homes in San Diego County were down 11%, and the median...
Results of the 2018 Predictions
At the end of last December, blog readers made guesses about the 2018 market: 2018 Predictions By Readers: Rob Dawg: High end volume and price stagnant. Median rises 8% because every low priced property disappears sold or doesn’t sell. Median rises 8% because median...
2019 Forecasts
We are wrapping up another year, and have eyes on 2019! Here are guesses from the more prominent real estate prognosticators: National Association of Realtors: Sales +1%, prices +3.1%. Realtor.com: Sales -2%, Median SP +2.2%. California Association of Realtors: Sales...
Remember the Struggle?
The Chargers - still euphoric from having 7 of their players make the Pro Bowl - lost badly last night, and that should doom the rest of their Cinderella season. They will probably end up in Pittsburgh or New England for their playoff game, and have a premature...
Fed Hike?
A pause in the Fed hikes was looking good. First, the WSJ posted an editorial on Sunday - a snippet: If you think your job is tough, consider Federal Reserve Chairman Jerome Powell. He’s signaled for months that the Fed will raise interest rates again this week, but...
2019 Market Outlook
Above is the summary of yesterday's housing and economic outlook sponsored by First American Title. Click here for the full report: SoCal Outlook Dec 2018 Let's mention those who will be making the market in 2019: Those with the least amount of experience and...
More 2019 Forecasts
Realtor.com is optimistic about the 2019 real estate market (Sales to be -2%): “Inventory will continue to increase next year, but unless there is a major shift in the economic trajectory, we don’t expect a buyer’s market on the horizon within the next five years,”...