Of the top 25 metro areas in America, San Diego is the least affordable, according to this report from Zach Fox at SNL (and formerly of the North County Times): http://www.snl.com/InteractiveX/Article.aspx?cdid=A-27562902-13864 An excerpt: Housing prices have enjoyed...
We keep seeing more bubble-bursting articles being published - and the perception may be more important than the reality if consumers are addicted to soundbites and read no further. This article promises proof that the bubble is about to burst:...
In the spirit of fair play, this isn't right. But in a market where buyers get tired of losing, you can't blame them for trying alternatives. Agents should have a standard policy/strategy on how to handle the escalation clause - get good help! From the Boston Globe:...
From 10 Things Before Opening Bell yesterday: Below is a Q&A with Jim Klinge, the head of San Diego-based Klinge Realty and the creator of BubbleInfo.com, a realty blog. *** BUSINESS INSIDER: What is the most underreported story in housing? JIM KLINGE: The health...
MANHATTAN BEACH (CBSLA.com) — According to real-estate website Trulia’s first-quarter “Bubble Watch,” the top two overvalued housing markets in the country are Orange and L.A. counties. Climbing prices, combined with low inventory, is causing worry for some would-be...
Livinincali left this comment Thursday: If history is any guide you’d expect sales volume to start dropping before seeing any movement down on price. The sales volume numbers back in winter of late 2012, 2013 were seasonally higher than they have been and that marked...
Frank has a local SD page in his Facebook network, but it has been among the slower to attract new members. He allowed me to join, but then wondered if I was the enemy. I just want to see if it gains any traction - but so far, not much. There are 254 realtors in the...
Excerpts from this article in the latimes.com: http://www.latimes.com/business/la-fi-chinese-homebuyers-20140324,0,2832012,full.story#axzz2wnzTJbz1 The overflow from China's economic high tide is transforming the housing markets of suburban Los Angeles. Affluent...
It was noted in the media this week that February homes sales were the at the lowest count in 18 months - yes, a frenzy will do that to you! http://www.cnbc.com/id/101511116 Sales are going to be 'sputtery', and struggle to keep up with previous frenzied months when...
Can you feel it? The frenzy, creeping in on you? Those watching closely may have noticed how the market has 'picked up' over the last week or two. We've had more buyers than sellers for a while now, so that alone doesn't constitute a frenzy. In a low-inventory...
