Thanks for your patience with us about the Google Hangout On Air last night. We were able to get one person on-screen, so maybe Rich Toscano will join me to discuss his thoughts on this being a bubble. One of the points to consider is the affluence in our area - check...
We've seen how our local market has been split, with the lower end being red hot, and the upper price range is, well, not hot. In talking to RSF agents yesterday, we agreed that the recent frenzy has yet to visit the Ranch. Here are NSDCC active listings compared to...
No surprise that the new year has re-ignited the trend of sellers pushing higher on prices. But ever since mid-2013 when higher mortgage rates doused the buyers' enthusiasm, the sold pricing has flat-lined: They show +11.6% increase in December inventory Y-O-Y, but...
There are more and more opinions about the market "moderating" and "getting back to normal". Compared to what? Now that the 2013 stats are wrapping up, let's compare it to previous years - and note how unusual the SD County inventory counts have been lately: Year SD...
People are already wondering when the spring selling season officially gets started. Typically things really get rolling the day after the Super Bowl, but with the weather being so nice, I'll say now! How did we do on the first day of 2014 for new listings? There...
Our Christmas-dinner conversation last night included a few thoughts about real estate, and reflecting back on the frenzy conditions in spring. The Frenzy of 2013 was slowed somewhat by higher rates & prices. But it doesn't mean it won't kick up again - because...
We have bantered about why sales have slowed down, and some are jumping on the affordability (or lack thereof) issue as a contributing factor: http://www.car.org/newsstand/newsreleases/2013releases/Nov2013sales LOS ANGELES (Dec. 17) – A run-up in home prices, coupled...
These are some of the hottest markets in the country for real estate recovery, and all have had a pause in pricing over the last couple of months: US Zillow Home Value Index US real estate info Sellers will be expecting the frenzy to re-ignite next year, but will...
Comparing this year's November sales to the peak years, we can see that last year was a real anomaly, caused by the frenzy kicking into high gear. You can also see how average pricing trailed the sales count in 2005 and 2006, only to have Angelo goose the market with...
We're in the holiday season, and it seemed like the frenzy was winding down. The frenzy hit its stride during last year's fourth quarter, yet in 2013 we are keeping it close - there will still be some late reporters here: NSDCC Detached Sales, November 1-20 Year...
