As September wraps up, both buyers and sellers are wondering if they should pack it in for 2016. A logical question would be, "How does today's market compare to the 'selling season' this year"? During the 13 weeks of March, April, and May, we averaged 72 new pendings...
For those who saw the July stats and wanted a deeper look, here is a three-month comparison that wraps up the spring selling season: NSDCC Sales, May-July Year # of May-July Sales Median Sales Price 2011 725 $840,000 2012 886 $850,000 2013 992 $960,187 2014 862...
A good way to measure the strength of the spring selling season would be to examine home sales that close in May and June. In spite of medians that have jumped 30% or more in just five years, and a low-end market that has evaporated, sales in May/June of this year...
The national cheerleaders get excited about every nugget of data, and are happy to jump to conclusions. Yunnie is finally tip-toeing around the downsizing trend that we see everywhere around here, but he can't assume that those sellers are buying too: “The May gain...
Low mortgage rates are keeping the party going! As mortgage rates dipped back into the mid-3s in February, buyers responded. The closed sales in April and May were healthy, and supported by sellers who are being reasonable about price - the cost-per-sf is about the...
More talking while driving....safely:
We're wrapping up the month of May today, and the spring selling season. Oh yes, there will still be plenty of blue sky ahead....until there isn't. The NSDCC closed sales this month are looking like they will exceed last year's total for May - which was 287 sales....
We're about halfway through the spring selling season! The Zillow Group said that it is best for San Diegans to sell their house in March. But a few years back, I wrote this article suggesting that May is also a good time, because you can pick up on the momentum of...
We're well into the spring selling season (May 1st is twelve days away), and soon the talking heads will be touting fewer sales this year, compared to 2015. It is short-sighted though, because 2015 was a great year, statistically. When you consider that prices are...
Mortgage rates sure are cooperating with the peak selling season! Let's hope the economy stays alive, and the political circus doesn't get any worse. From MND who quotes rates with zero-points: Part of the recent move lower in rates is due to anticipation of just...
