Could there be trouble brewing under the surface? Are there home sellers scrambling to get out with whatever money they can? Maybe get just enough net proceeds for the family to have a steak dinner at closing? It was like that last time.....but it's different now....
There have already been 101 detached-home sales close this month between La Jolla and Carlsbad! With five business days left in the month, plus the late-reporters, it means we should match last October's count of 133, and maybe even approach last month's 153 sales. Of...
We're having another amazing month, and should get close to 150 sales! The pricing appears to be holding up nicely too (and more evidence that July's collection of lower-priced sales was an anomaly).
Here are each year's sales counts for the January-through-August time frame. It shows the extraordinary 2021 sales numbers in most areas! But if you thought getting back to the numbers we had in 2019 would feel normal, we're not there yet. In fact, most areas are well...
The Natalie dance video collection is taking forever to upload! While we wait, let's cover the short-term rental policies in North County: Unpermitted short-term rental units have accounted for most of the reported code compliance violations throughout the North...
This is what it feels like in Plateau City. It's a little bumpy but the pricing looks range-bound. Sales cool off towards the end of the year - even during the frenzy. Surprisingly, last month might end up being the best of the year for sales, and the market should...
The median sales price of houses sold between La Jolla and Carlsbad last month was 13% lower than it was in June, which demonstrates how terrible it is for a gauge. Obviously, the houses sold are different each month. In July, there happened to be 35% more houses sold...
I try to investigate different ways to analyze the market data so readers can grab something pertinent that might help them make a better decision about their real estate needs. Here's today's attempt! July isn't done yet but you can see the trend: The high-end isn't...
This article gets into the usual topics for those trying to forecast the future: https://www.investopedia.com/what-housing-experts-anticipate-for-the-last-half-of-2023-7555067 Their experts think that mortgage rates will ease for the rest of the year, which will cause...
They feel like the good old days but it was only 4-5 years ago that we could count on 200-300 listings priced under $2,000,000 to hit the market every month. It caused some complacency and pickiness among buyers, but now that the choices have narrowed so quickly,...
