The current chaos combined with the decline of the buyer-agent is causing buyers to stay on the couch - unless they see a compelling deal online. With high rates and prices, you can't blame them for being very picky! Yet there are still lucky sales happening. Ones...
Everyone is wondering if home prices are going to come down, so the mainstream media is happy to juice the conversation with a sexy headline - which, if you are a casual reader, will make you think that lower prices are on the way. Then they throw in a quote from a...
Do you remember that stretch in 2023 when the San Diego-Chula Vista-Carlsbad metro area had the best appreciation in the country? It wasn't that long ago! Look how it's changed since: Widespread housing market softening49 of the nation's 50 largest metro area...
? Ok, I'm breathing again now that 150+ people came to my first open house on Moorhen Place. The market/buyers have seemed cautious and conservative so far in 2025, and it's incredible how they insist on looking for any reason NOT to buy. The only problem is that the...
I called our local market 'stable' the other day. Zillow doesn't have us in America's Top 10, but their 58.3 gets us into the Seller's-market category which sounds stable enough. They have slightly increased their 12-month optimism too: NW Carlsbad - 92008 SE Carlsbad...
It's just one example but how about this - it's also our fifth sale since election day. An old guy once told me, "The market is as hot as you want it to be!"
Realtor.com, owned by News Corporation, has thoughts on how Trump will affect the real estate market: On the campaign trail, Trump had blamed rising home prices on a surge of illegal immigration during the Biden administration. He also claimed that he would somehow...
NSDCC Monthly Detached-Home Sales, 2024 Last October, there were 140 NSDCC sales with a median sales price of $2,182,500 ($810/sf). This month's final count should be 160+ sales and a median sales price that's +10% above last October! Statistically, the political...
I was on a national sales call yesterday where agents from coast-to-coast were complaining about how bad their market is currently. I kept thinking, "It's nothing price won't fix!" Instead, the common fallacy that 'it just takes longer to sell a home' will prevail....
Our home values have been detached from "key economic factors" for years. More interesting would be studies that analyze what would happen to areas that are full of the older tract homes (1980s and before) that haven't been improved much and are dumped onto the market...
