This is disconcerting - hope that homebuyer demand is getting pent-up while we're on the couch...... Southern California house hunters were already balking at buying existing homes amid coronavirus fears and business closings before real estate agents were told to...
Ryan describes how to look at the comps today in less than 30 seconds (look at listings and pendings): Listen to the whole six minutes to get an appraiser's overview of Sacramento's market today.
February sales have been fairly uniform as pricing marches higher - it's almost as if pricing doesn't matter: NSDCC February Sales & Pricing Year # of Sales Avg $$/sf Median SP Median $$/sf 2013 188 $399/sf $887,500 $334/sf 2014 180 $487/sf $927,500 $378/sf 2015 171...
More evidence of the local listing count plunging....and seller price expectations rising! The top 20 toughest housing markets includes a diverse geographic mix of larger established metros and up-and-comers where housing is still relatively affordable. They are...
Our January sales count of detached-homes between La Jolla and Carlsbad was impressive, and comparable to the good old days! NSDCC January Sales & Listings Year # of Sales Median SP Avg. Cost-per-sf # of New Jan. Listings 2013 185 $845,000 $379/sf 410 2014 182...
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...
It's been ten years since the bottom of the market. Let's see how the annual median-sales-prices of detached-homes have changed: Town or Area Zip Code 2009 2014 2019 10yr % chg Cardiff 92007 $785,000 $1,180,000 $1,408,000 +79% NW Carlsbad 92008 $587,000 $740,000...
The SP:LP ratio has been very consistent for those selling a home under $2,000,000 - you can expect to get pretty close to your asking price. Above $2,000,000 is a different story. Mortgage rates had averaged 3.99% in 2017. You can see how the lower-end buyers became...
This is a price survey that ranks the over/under for each metro to the 2.8% value growth expected nationwide. I'll take the over for San Diego! The Zillow Home Price Expectations Survey sponsored by Zillow and conducted quarterly by Pulsenomics LLC, asks more than...
Mortgage rates were the best they've been in December since 2012. How were sales? We had a nice pop in sales compared to 2018, but that's about it: NSDCC December Sales Year # of Sales Median SP Avg. Cost-per-sf 2015 258 $1,094,500 $477/sf 2016 240 $1,150,000 $502/sf...
