For those back east who are hunkered down and wondering where to go, may I suggest our fair city of San Diego? Here's a brief tour:
La Jolla
Zillow San Diego Forecast 2016
Most national forecasts are predicting a 3% to 4% appreciation rate for 2016, which has to be a safe bet. If it comes in anywhere from -2% to +8%, you can say that you were close. Zillow has enough algorithms that they are willing to make predictions for each local...
$17,900,000
Big-Timers
From the wsj.com: Andrew Viterbi, co-founder of wireless giant Qualcomm, has listed his sculptural home for $60 million: http://www.wsj.com/articles/qualcomms-andrew-viterbi-lists-california-estate-for-60-million-1448463373...
Around La Jolla
I said I'd do another tour of La Jolla, but there's a lot to see. Let's call this the first half:
Pi in the Sky
This closed for $12 million today:
La Jolla Video
Here is a video introduction to La Jolla by www.sandiego.org - I'm probably due for another video tour myself:
Mid-Summer $1M Market
The OC Register is reporting that million-dollar sales in Orange County are down 12% this mid-summer. We're watching the sales counts closely, because we know that is the leading indicator for the market. How about our north county coastal region? The OCR only looked...
Sexy La Jolla
Sharper Pricing?
How is the fourth quarter rolling out? Are sellers feeling pressured to lower their price? Are buyers stepping up? Here are the pricing trends in our local areas: SE Carlsbad - List and sales pricing converging should cause an active 4th quarter - unless buyers...