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...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 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...
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...
One of the more vocal doomers is at it again. Here's a link to an article from 2014 when he thought the sky was falling: https://www.marketwatch.com/story/this-house-market-is-falling-apart-2014-08-26 Today's version - an excerpt: There are growing signs that U.S....
Today, there are 42 homes for sale in SD County listed over $10,000,000, and we've had two sales this year. Hat tip to GW for sending in this article excerpted here: Real-estate experts estimate that there are about 50 ultra high-end spec houses under construction in...
If you are thinking about selling your house this year, call me tonight! Rates are idyllic, and so is the weather which makes for a great combo! Mortgage rates fell again today, just barely inching to the lowest levels since early 2018. Keep in mind, that factoid is...
How does this happen in 2019? Hat tip to Peter for sending this in! The Web site for Fortune 500 real estate title insurance giant First American Financial Corp. leaked hundreds of millions of documents related to mortgage deals going back to 2003, until notified this...
Once upon a time Carlsbad was a sleepy little beachside town, but now big money is taking over. Here's a tour of projects being discussed on the street:
There was a good summary of the ibuyer business published yesterday: https://www.curbed.com/2019/3/21/18252048/real-estate-house-flipping-zillow-ibuyer-opendoor An excerpt: But as more players jump into the space and markets are saturated with various competing...
It looks easy, doesn't it? With the internet, how hard can it be to buy or sell a home? There are no shortage of options. Buyers see thousands of homes for sale, and sellers find thousands of agents happy to list a home for fees ranging from $100 to 6%. Yet the...
