Tomorrow we will get the latest pricing data via the Case-Shiller Index. Last month, San Diego was #3 in the nation with a 12.3% YoY increase, and we should see a similar number tomorrow - only because we may have taken a bit of a breather (see the trend above). We...
Thanks Jakob for sending in this chart from SDAR, one of the competing realtor associations in San Diego. You can see that we ended 2019 with a bang...at least compared to the end of 2018 which suffered from mortgage rates in the high-4s. It's amazing that we had less...
Above you can see how our market compares to others, and below is the history of our 'months of supply'. I said in the video yesterday that I thought the NSDCC sales in 2020 will be down 10% year-over-year mostly because there aren't enough reasonably-priced homes to...
Thanks to Daytrip who sent in this article which has a few different opinions on market conditions, and demonstrates the numerous variables in the housing equation. This excerpt from a New York appraiser by trade: The outcome is that high-end listings languish for...
John has an in-depth article out on home-price appreciation, and he's no ivory-tower guy - his staff is on the street daily: https://www.linkedin.com/pulse/article/20140917105113-3073844-behind-the-scenes-the-never-ending-puzzle-of-projecting-home-price-appreciation...
