Some people haven't gotten off the couch yet so it's hard to say if all of the comments are an accurate depiction of what's happening. But those who are willing to leave an upbeat tweet must feel pretty good about them, knowing that the wrath of real estate twitter...
Market Buzz
One Simple Correction
The doomers living in mom's basement want you to believe that the sky is falling. They've never owned a house before, let alone sell real estate for years. Yet, their voice is loud enough that they are winning the battle of opinions about where the market is going -...
Market Conditions As Seen By Realtors
Of course the current conditions look worse when comparing to the hottest real estate market ever. Having bidding wars on 21% of homes for sale sounds great to me. The discouraging part about Bill's post today is how the realtors have bought into the negativity. This...
Bay Area Dependent
The biggest fear for the North San Diego County coastal region is a meltdown in Bay Area prices. It's been estimated that 50% or more of the buyers who were bidding up homes here during the frenzy are from the Bay Area, and Silicon Valley in particular. If prices were...
Recent Sales By Zip Code
For those who are willing to investigate the sales data in our local areas, here are the detached-home sales from the last 90 days. Poke around a little, and I doubt you'll believe that we're getting 'creamed'. [button link="https://www.zillow.com/homes/92008_rb/"...
High-End Slump?
Here we go again with the click bait on the front page of the local birdcage liner. They also used a photo of the most prime real estate in the county, insinuating that a slump is underway there? Link here for the full article, and this is an excerpt: San Diego...
Time to Sell?
I don't care what color he's seeing, if he sells his tony golf-course estate today and thinks he will buy it back later for less, he will be in for a rude awakening. Without foreclosures (now mostly outlawed in California) causing banks to give away homes, there won't...
Home Buyers Not Deterred
When people are looking for the perfect 'forever' home that will last them for a lifetime, any additional cost isn't going to phase them - or at least it won't affect the affluent folks. Most are making it up elsewhere when they sell their previous home or rental...
Rates & Home Prices
The mainstream media is taking their shots at explaining the current market. Here is the attempt by the NYT - link should be unlocked: [button...
Two-Year Appreciation Rankings
Sure all the California-feeder towns have risen 40% to 50%, but look at those price points! You don't see any other city on this list with home prices as high as ours. Of all the areas in the country, San Diego has to be one of the best places to live - and the...