The active listings of detached homes from La Jolla to Carlsbad: Date NSDCC Listings Avg. LP $$/sf Jan 14 649 $722/sf Feb 4 667 $716/sf Feb 10 679 $713/sf Feb 25 678 $719/sf March 6 727 $703/sf In February, there were 369 new listings, and 297 listings that went...
Peak pricing is approaching in several spots - how much higher will it go? Buyers would love to see the sales momentum get disrupted, and if something happens they will be happy to hit the brakes. At the same time, those gambling sellers who waited too long will jump...
While some read recent home price gains as a sign of an improving market, Radar Logic warns the recent gains are “unsustainable” and may actually be dampening market recovery. Radar Logic attributes recent house price gains to anomalous factors it considers temporary,...
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We are going to hear the word "bubble" applied to the real estate environment for years - and maybe forever. At this link is CNBC's Downer Diana cracking on the market, and on the other side, this developer expresses why he thinks we're not in bubble danger: Watch the...
For this being the last scheduled year for the debt-tax exemption, the distressed listings are sure dripping out slowly around here. Here are the number of January short-sale and REO listings in NSDCC: Year Short-sales REOs Percent of all new listings 2010 49 17 16%...
You can put any price you want on your home, and I'll take the listing - so long as we utilize the List-Price-Accuracy Gauges: Original List-Price-Accuracy Gauge: Once on the open market, if you are...... Getting visitors and offers, you are within 5% of being right...
These should help create sales momentum, but cause extra competition for re-sellers. If you are thinking of selling, call me today! Construction is under way on Watermark by Pardee Homes, a neighborhood of 87 new luxury homes in the Pacific Highlands Ranch master...
Tuesday's Case-Shiller report is going to blow the roof off the market: The housing market typically experiences a seasonal slowdown during the winter months, but this year seems to be different, according to the latest Campbell/Inside Mortgage Finance survey. In...
Reader Matt questioned whether we are in another bubble: 2 years ago, homes were sitting at 600-650 range. Now, you can’t find a home for under 900k in Encinitas without a feeding frenzy. Bubble? The media, and the soundbite society, has trained us to apply labels to...
