More data released today on pricing trends, and though San Diego didn't make this chart, we're probably in the normal range with Los Angeles because our Case-Shiller indicies have been similar (+1.8% vs +1.1% YoY in SD). Interesting that they call San Francisco...
Hat tip to CB Mark for sending in another article on people leaving California - I added the U.S. Census stats for San Diego County at the bottom: People have long dreamed of moving to California, but increasingly the people in the state are looking to get out....
Check out my listing of a complete 5.5-acre horse ranch with two huge riding arenas, equicisor, 2 tack rooms, fenced pasture areas and stalls for 17 with plans/materials for 12 more! Two detached cottages, each with their own kitchens, updated bathrooms, and...
The percentages are quite a bit higher this year. The title of the graph could be 'Sellers Who Are Having No Showings' because most are (overly) optimistic this early in the selling season and hold tight on price until later. Something must be rattling them - like no...
Let's examine what happens when a hot new listing gets taken by one of the big real estate teams in 2019. What qualifies as a hot listing? I think we can say that 70% to 80% of listings are priced at full retail or higher, so the rest are either priced attractively or...
Home sellers who have been on the market for 30 or more days and are tired of not selling may eventually consider a price reduction - but by how much? There are a number of reasons why a home isn't selling. Thankfully, you don't have to be an expert on why - because...
This is advice I sent this morning to a potential seller of a 1970s-built home. He asked whether I thought pricing would increase in the next few months. My response: I wouldn't be too optimistic about prices increasing - if it happens, consider it icing on the cake....
A year ago, I guessed our NSDCC sales would be down at least 5% in 2018, and it looks like it will be closer to -10%. While I'm confident that sellers will refuse to lower their price expectations much in 2019, I doubt that home buyers will just go along as they have...
Our open house went well and people appreciate seeing the old-Spanish style in a home of this size - there's a lot to take in! We're feeling it!
Corelogic reported September sales yesterday, and Doom-Doom Diana rejoiced. She wrote an article with the headline 'Southern California suffers its worst housing slump in over a decade', and reported that sales were down 18%. Then she tweeted the article with the...
