Nate, I'm sorry if I came on a little strong on Saturday about the Case-Shiller Index. It has been bugging me for a while, and I might have took it out on you. Let's take a closer look at it. In the past we haven't had a 'reliable' way to measure home prices, and just...
Same-House Sales
More on SD Case-Shiller
From Eric at the nctimes.com: As the national housing market continued to languish, San Diego County values rose 10.8 percent in March compared with 12 months earlier, as a smaller number of buyers chased deals on the most expensive homes, according to the latest...
SD Case-Shiller Up 10.8% YOY
The latest Case-Shiller/S&P report, the index measuring same-house sales, has the March numbers out today. They noted, "San Diego, in particular, has stood out with 11 consecutive months of increasing home prices."...
Self-Fulfilling Prophecy?
As we saw in the last video, people are out buying houses! Are they reading articles like this one today in the U-T and figuring now's the time? San Diego County’s housing market was the strongest in the nation in February, the widely watched Standard &...
Case-Shiller Thoughts (SD +0.9%)
From the L.A. Times: Karl E. Case, a professor at Wellesley College and co-creator of the index, said the improvements were a sign that the economic recovery was beginning to help consumers gain confidence. "What people are seeing in the stock market, and what people...
Leucadia Price Check
Hymettus is one of the more prominent streets in Leucadia, but there haven't been any sales there since summer. So two older sales on Hymettus are included, the first closed in July, 2009, and the second was January, 2009: I hesitated with the first story, but it...
Max Uncertainty
San Diego was up 2.7% year-over-year, but catch their remarks. Even though Shiller admits that pricing has been up since April, he is worried about the downside risks: Let's acknowledge the MBS-buying and tax credit, and call it even for the last...
Where Do They Come From?
Bizzle wondered about the all-cash buyers. Did they cash out at the top, and have been patiently bubble-sitting? Out-of-towners? Generational money shift (inheritance, before or after death)? or move-up or down? In the previous post, some of the examples were marked...
Same-House Sales
Here are some same-house sales in Carlsbad, Encinitas, and Carmel Valley: 4120 Skyline, Carlsbad 92008 3 br/2 ba, 1,725sf YB: 1958 SP: $1,410,000 11/06 SP: $1,130,000 6/09 MT: 439 days This is the house on the splittable 0.72-acre lot on the corner of Tamarack and...
Carmel Valley Pricing
In July, 2007, I sold the house at 10503 Abalone Landing Terrace in 92130 for $1,199,000, which was the full list price at the time. Zillow has a follow-up program for properties logged under your name, and they send regular updates. Yesterday they noted that their...