The mainstream media is prone to look for anything wrong with the housing market, and they are known to manufacture it if they have to! You'd think an article that begins with the headline above will include some ultra-high end cities like San Francisco or New York...
Market Buzz
First Day at the Office
I describe the strategy for sellers here, because buyers need to be on alert 12 months out of the year. Why? Because you only care about buying the right house at the right price - which isn't affected by the general market conditions. You are looking for the one-off.
Sold For $874,500
A typical home built in the 1980s that has had work done in the past, but needs more now:
Low Rates, No Nuts
Ryan is probably the most similar blogger to me because he's in the business and sees what is actually happening on the street. He does a ton of charts and graphs, so if you're analytical give his blog a look: www.sacramentoappraisalblog.com He sums up his current...
Getting the Price Right
I don't know if they surveyed actual home sellers, but if these stats demonstrate the current sentiment, it shows how critical it is to list a home at 'market price' vs. 'dream price'. An excerpt from this HW article: You’ve listed your home for sale, and no one is...
NSDCC Listings, First Six Months
Bill (in Giants jersey) from the Bay Area has been reading the blog for the last ten years! He won the earlier contest for Padres tickets, so when he and his family were here on vacation, they took in the first game of the series last night - a 13-2 shellacking by the...
Redlining in San Diego
The history of housing discrimination is getting a lot of attention these days, and rightfully so. If you, or someone you know, wants to contribute, KPBS is looking for stories: KPBS is doing an investigation into the legacy of "redlining" in San Diego. This is the...
San Diego ZHV Index Mostly Flat
The San Diego ZHVI has been mostly flat for almost two years! The price exceptions are the superior homes and locations, particularly the one-story and newer homes, which tend to sell for more than ever before. But those cases are dwindling. What's saving us is how...
Top 20 Cities
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ At this rate, the median price in 2039 will be $2,988,000! Hat tip to Richard! San Diego County residents who bought homes in the 90s are reaping the benefits of a hot housing market. Homebuyers who...
Google Commits to Housing
I'm glad to see a major corporation doing something for housing, though they take a beating on Twitter - many of the comments are negative. FYI - their net income was almost $9 billion in 4Q18. An excerpt from their press release: Today, Google is one of the Bay...