More tidbits, mostly from Leonard's daily Compass email: Here are some interesting Los Angeles-area market stats: There were 580 closed sales of $5 million+ in 2018, versus 602 in 2017. There were 157 closed sales of $10 million+ in 2018, versus 185 in 2017, (down...
When it comes to real estate quotes, this guy is gold: “I describe the current boom in U.S. home prices as the third largest boom since 1890. And so it’s big, and people are starting to think that housing is expensive, and that could lead to a turnaround and a drop in...
We were due for a surge in market activity with rates coming down, and the Chargers and rain both being done. Several agents are reporting increased activity over the last few days, and it seems like buyers are engaging. We should see heightened activity for the...
I went to the grand opening today of these $2,000,000 tract homes and thought because of the rain that I might be the only one there. Wrong! There were hundreds of people - and this isn't Carmel Valley - not even close:
We're going to start a contest for Padres tickets in the new year, so let's get a read on how things wrapped up in 2018. We know that NSDCC sales were down 10%, and the median SP was up 8%. Sales of detached homes in San Diego County were down 11%, and the median...
They should ditch the Park Hyatt Motor Lodge, bring back the Four Seasons, and have lunch today with Toll Brothers (who built 672 homes at the 200-acre Robertson Ranch). If they can build 500 homes on the roughly 200 acres of golf course, the dirt would be worth...
A good example of today's market conditions. At first, you would think a bank-owned house in the prime Derby Hill community in Carmel Valley would garner a lot of attention, and sell quickly. But this one isn't tricked out with extras, and it's not a canyon lot...
Yesterday, Bill featured the C.A.R. release about September sales that included the president's comment that buyers are 'self-sidelining' in anticipation of lower prices ahead. White included his obligatory blame on the tax reform, which he was so adamantly...
Here's the interesting excerpt from this article - the other alternatives that older adults might consider: Communities become a source of support and engagement for residents, particularly for older adults, who have an even stronger desire to age in place. The AARP...
Though Manhattan has been a buyers' market for two years, let's take these with a grain of salt - the slowdown is due to the highlighted sentence in the last paragraph. Hat tip to GW for sending this in: New York City’s home sellers, tired of waiting for buyers,...
