? What's the slogan for Realtor.com? The website realtors trust? Yeah, haha.....who are you again? Realtor.com is the source for some wrong statistics picked up by Fox/KUSI news. The August YoY change in inventory for San Diego County is +31% for all property types,...
The lowest mortgage rates since early 2023 might keep buyers in the hunt a little longer than usual! Will they accept the current pricing, or will they insist on grinding lower? We can get a feel by examining those listings that have been marked pending this month....
There are 170 listings that have been marked as closed sales for August (there were 198 sales in August, 2023) and the pendings count is higher than at the same time last year! This is the time of year when many sellers/listing agents give up and cancel, withdraw, or...
It's almost September so we can say that the active inventory has peaked by now. There were over 500 listings briefly in July but today it's down to 477 and should taper off from here. The pendings are on a three-week winning streak! The most surprising data point is...
An interesting uptick in the pendings count. It was probably from a few longer negotiations during the wild two-day drop in mortgage rates to around 6%. By the time the Fed gets around to lowering their rate, it will all be priced in and there probably won't be much...
Mortgage rates took a dive.....for a couple of days. Now they are back in the low to-mid sixes - where they have been for the last month or two. Was there a big surge of new pendings this week? No. The total count of NSDCC pendings went up +2 since Monday. There have...
There were 52 new listings in the last week, which keeps the number of actives around the 500 mark (492). But we emptied out the pendings drawer last month. The number of July closings is up to 212 sales and there will probably be a few more tacked on to that number...
Another 38 NSDCC closings in the last week, making for 170 sales in July so far. But the number of pendings isn't reloading as fast, in spite of plenty of houses for sale. The count hasn't been this low since mid-March, and there's not much reason to think it's going...
It looks like last week may have been the peak inventory for 2024, just like the same week in 2023 was the peak last year. The difference? There will be more listings that fail to sell this year. The median list price was over $4,000,000 until April 8th this year, and...
The number of NSDCC active listings blew right through the 500 mark, and the count is now up to 509 unsolds. The number of pendings had stayed above last year's count primarily because there have been more homes for sale. But it looks like all the quality homes have...
