We seen the local NSDCC detached-home inventory hovering lately, instead of dropping off as expected. Two other signs, declining sales and SP:LP, make it look like buyers are gaining more control as we head into Halloween week. The number of sales between August 15...
Here's an excerpt from the Dataquick sales release for September: http://www.dqnews.com/Articles/2014/News/California/Southern-CA/RRSCA141013.aspx Irvine, CA---Southern California home sales hit a five-year high for a September, rising slightly above a year earlier...
How is the fourth quarter rolling out? Are sellers feeling pressured to lower their price? Are buyers stepping up? Here are the pricing trends in our local areas: SE Carlsbad - List and sales pricing converging should cause an active 4th quarter - unless buyers...
If News Corp helps to clear out all the buyer-agents, and the listing agents end up being paid less, to do less - how will that affect the market? It will probably burn a little hotter in the good times, and colder in the slow times. The people who have the most to...
I like Sean and enjoy his high-quality website - and their monthly report. But they fall into the same rut as the ivory-tower guys when they want to blame the changes in market activity on non-players. The priced-out buyers do not make the market - they don't have a...
The graph above shows how San Diego home buyers have been more patient since rates went up last summer. They finally conceded some ground, pricewise, over the last couple of months to log a 8.8% increase in the median $/sf year-over-year, but it was flatlining for...
Dataquick released the August sales yesterday, and at first glance you might think we should be looking for lifeboats - this is the second month in a row that Dataquick has reported SD sales dropping more than 18%:...
This may be a preliminary look, but there won't be many more late reporters. Agents are supposed to mark their sales closed within 48 hours, and we're a week out. But even considering the typical end-of-summer slowdown, it looks like sales are plunging. Today, the...
From the latimes.com: http://www.latimes.com/business/realestate/la-fi-orange-county-3rd-priciest-market-20140812-story.html An excerpt: Orange County is the third-most-expensive housing market in the country, with two other chunks of the Southland ranking in the top...
Thanks to the folks who sent in the Property Radar press release yesterday regarding the July sales in California. They mentioned that median prices fell in 13 of the state's largest 26 counties:...
