Our YoY home sales are in decline, and it makes you think, 'Here we go again". We know that sales are the precursor, and historically prices are the last to go. But with so many different variables this time around, could it actually be different this time? Let's...
We're halfway through 2018 - let's check on the predictions. Here is where Rob Dawg, Franklin Jones, Ash, and myself guessed what would happen this year: https://www.bubbleinfo.com/2017/12/27/2018-predictions/ My thoughts in December for 2018, plus extra stats: I...
This has had over 873,000 views on Facebook in the last week:
Were you thinking you could always move to the desert? H/T daytrip: Mark Grden was looking for peace and quiet when he...
This is just a snip of Rich's latest post - read the full article here:
Lower-income folks are leaving, and affluent people are coming - H/T Richard: Over a million more people moved out of California from 2006 to 2016 than moved in, according to a new report, due mainly to the high cost of housing that hits lower-income people the...
More news today on the surge in home pricing, with Diana happy to point out that half of the nation's 50 largest markets are now considered overvalued, meaning home prices are at least 10 percent higher than the long-term, sustainable level. “The dream of...
The local NSA Case-Shiller set a new record this week too. From the U-T: The San Diego County median home price soared to its highest point ever, $550,000, in March, said real estate tracker CoreLogic. Home prices increased 6.8 percent in a year, which experts...
The February reading of the non-seasonally-adjusted San Diego Case-Shiller index reached a new all-time high! San Diego Non-Seasonally-Adjusted CSI changes: January ’17 231.21 +0.8% +5.7% February 233.31 +0.9% +6.5% March 235.61 +1.0% +6.4% April 237.48 +0.8% +6.6%...
Sellers should pay heed to the mortgage-rate gods......and do a little better on price, just in case. Rates will be pushing 5% before long. From the MND: Mortgage rates moved markedly higher today, officially leaving them at new 4-year highs. The only other time...
