No surprise the trend shows the higher the price, the softer the price increases. The lower-end market keeps humming along, while the higher-end market isn't - and the connection between the two is getting fuzzier by the day. With the struggle of moving up or down...
The San Diego Case-Shiller Index dropped for the fourth month in a row, and was about the same as it was in April. We will probably keep heading downward for the next few months, but at least the latest reading wasn't as bad as the last two months - only down 0.1%! We...
We are, once again, experiencing one of the greatest housing booms in United States history. How long this will last and...
The San Diego Case-Shiller Index dropped for the third month in a row, and is now almost 1% below where it was in June. It's not a surprise to hear that we have tougher sledding in the off-season (see above). We will probably lose another 1% or 2% between now...
The San Diego Case-Shiller Index has begun its usual flatness a little earlier this year, and we might see it drop a couple of points in the coming months. But never fear, Blitzy is here! "Following reports that home sales are flat to down, price gains are...
Rob Dawg predicted it that any and all appreciation will happen in the first half of the year - and if we're just talking about the general trends in local San Diego pricing, that's how it has been lately. As the red circles show in the graph above, the...
CNBC still looking through their doom-colored glasses, while ignoring the history of price increases cooling off this time of year (2018's pricing just started cooling off earlier): Home prices are still rising, but the pace of the gains continues to slow, as...
Another new record! But we are cruising into Plateau City. From cnbc.com: Homebuyers are pulling back, and prices are finally following. Home prices are still rising, but the gains are shrinking. In June, prices nationally rose 6.2 percent year over year,...
These are through May, and though all three are at new record levels, we should see the usual year-end leveling the rest of the way:
Pricing around San Diego slows down towards the end of the year - this isn't the first time, though we are starting earlier than ever. Combine the all-time-high pricing with higher mortgage rates and the cost of housing has gone up 17% this year alone, according to a...
