I try not to over-promote myself here, but this testimonial describes the intended experience: I'll let you in on a secret: There is but one Realtor in SD County: His name is JIM. The rest of them are in the game because JIM has only so much time. Jim has recently...
The real estate market continues to be the Big Standoff between sellers and buyers here during the dog days of summer. While waiting for the action to resume, here's food for thought, from David Leonhardt at the nytimes.com: Of all the uncertainties in our halting...
Rich Toscano is much better at deciphering the Case-Shiller Index, click here to see how he sized up the latest June numbers - plus here are his charts to illustrate the trends: He sums it up in his last paragraph: As of June, despite having risen 17 percent off their...
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...
Another review of the August detached-home sales is in order, due to requests for a more complete list, but also to examine the Case-Shiller claim that San Diego prices have gone up 14 months in a row (non-seasonally adjusted), and a cumulative 11% in the last year:...
This youtube video shines the spotlight on Carlsbad's La Costa Oaks development, one of the four villages subdivided by Morrow Development (La Costa Valley, La Costa Greens, and La Costa Ridge are the others). As with other tracts sold at the peak, there is plenty of...
The late-reporters will add about 10% to these numbers, but it looks like the overall sales will continue their downward trend. When you drill down to the individual zip codes, it's a mixed bag, but good to see 92067 slip under $400/sf for the third time this year. ...
Will there be a big squishdown from above? It was noted yesterday that 35% of the active detached SD listings in SD, but only 20% of the sales in the last 30 days are over $700,000. Are the higher-end sellers who have been on the market for over 90 days motivated...
Hat tip to Cheese who sent this in, from Bard College: Self-reported home values are widely used as a measure of housing wealth by researchers; the accuracy of this measure, however, is an open empirical question, and requires some type of market assessment of the...
It was suggested that the market over $750,000 was "becoming non-existant", and in yesterday's seminar, a realtor said that demand in general was "non-existant". Does a market exist? Let's look at MLS detached active, actives on market more than 90 days, contingents...
