The national fourth-quarter data is discussed in the video below, and Kelly makes a great point at the very end. Statistically we've been steady, and I triple-checked these numbers! These are the sales of houses between Carlsbad and La Jolla that closed at or above...
We need more homes to sell! From the DQ: http://www.dqnews.com/Articles/2015/News/California/Southern-CA/RRSCA150114.aspx "One month doesn’t make a trend, but December’s uptick in home sales might indicate renewed interest in housing thanks to lower mortgage rates and...
The ivory-tower opinion below is blaming speculators for a mini-bubble, but around here I'd say that over 90% of the home sales were regular, organic real estate transactions in 2013. Prices may fall in the coming months (slightly), and if they do, it will be because...
For those who'd like some data to share over the holiday table, let's compare two months' worth of sales to help smooth out the extremes. Here are the combined November and December NSDCC detached-home sales: Year # of Sales Avg. Cost-per-SF Median SP 2011 396 $361/sf...
Lots of poking around, but no mention of sellers asking too much: http://dqnewspressreleases.blogspot.com/2014/12/november-southland-home-sales-press.html "Southern California home sales are closing on a low note in 2014,” said Andrew LePage, data analyst for...
We saw HERE how the new president of the N.A.R. has three goals for his term; winning the disintermediation battle, realtor safety, and having 100% of realtors get involved with the association. But in another interview, he also mentioned that he wanted to "help...
Hat tip to daytrip for sending in this latimes.com article about the surge of high-end home sales across the Southland: http://www.latimes.com/business/la-fi-luxury-home-sales-20141124-story.html#page=1 An excerpt: Luxury home sales in Southern California are hitting...
http://www.reuters.com/article/2014/11/20/us-usa-economy-housing-idUSKCN0J41P620141120 U.S. home resales jumped to their highest level in more than a year in October and outpaced the sales level a year ago for the first time in 2014, further evidence the housing...
From the DQ: http://www.dqnews.com/Articles/2014/News/California/Southern-CA/RRSCA141112.aspx An excerpt: "It was another sub-par month for Southern California home sales. We've yet to see traditional buyers fill the void left by the drop-off in investor and cash...
There will still be a few stragglers, but the October numbers are shaping up as expected - fewer sales but healthy pricing. The frenzy was zooming by the end of 2012, but it was settling down by October 2013 after rates popped that June. Here are the last 11 NSDCC...
