More on one of the proposals to spend the state's budget surplus. It doesn't make the homes any cheaper, so home buying will still be limited to the affluent who can afford the payments: First-time buyers often rely on family gifts to afford the down payments on...
Thinking of Buying?
365 Marine Street, La Jolla
It is a true honor to have listed for sale my favorite home of all-time! 365 Marine St., La Jolla 3 br/3.5 ba, 2,894sf YB: 2018 LP = $6,950,000 This custom contemporary was designed and carefully-crafted for over three years to be the ultimate beach house just 100...
California Interest-Free Loans
This will help to keep home prices up: A top California lawmaker is proposing to spend $10 billion to help families buy homes in the state with some of America’s highest housing prices. Democratic State Senate Leader Toni Atkins on Wednesday unveiled details of a...
Home Buyers Not Deterred
When people are looking for the perfect 'forever' home that will last them for a lifetime, any additional cost isn't going to phase them - or at least it won't affect the affluent folks. Most are making it up elsewhere when they sell their previous home or rental...
Should Home Buyers Wait It Out?
Like most real estate talk, half of this is horsepucky: Don’t Let FOMO Drive You Just because everyone is buying a house, doesn’t mean you should be too, said Donald Olhausen Jr., owner of We Buy Houses in San Diego. “I have seen many people force bad decisions...
Being A Homebuyer in 2022
I guessed that we'd have 5% more NSDCC sales this year because I expected a surge of delayed sellers who would finally come to market in order to cash in on the record pricing. But it's not happening, at least not yet. The number of NSDCC listings for the first two...
The Selling Season Is Here!
The Super Bowl is complete, and the spring selling season begins today! Judging by the quick jump in the total number of pendings, homebuyers aren't waiting around. Mortgage rates have risen faster than any time in the last dozen years, and the number of homes for...
San Diego Brokerage Rankings, 2021
I screwed up the national rankings the other day. Donna sent me that clip but it was the 2020 list, not from last year. Anyway, who cares about the national - real estate is local! In just 3+ years, Compass has become the dominant real estate brokerage in San Diego...
Tamarack Beach
This is a nice buy for a practically-new home this close to the beach:
San Diego: Buyers More Critical, But Stable
This company surveys new-home and resale agents every month, and this report confirms more of what we've been experiencing: A few more listings (but NSDCC listings are dropping off now). More listings not selling/buyers getting pickier. Buyer traffic is steady, and...