Sean and the folks at Foreclosureradar.com are very gracious in providing their data, though I don't like this - fewer trustee sales, and more cancellations. If the trend continues, we'll have fewer REO listings, which are typically well-priced and vacant, and instead...
Thinking of Selling?
Rising What?
Hat tip to Rick the Tuna for sending this article from the North County Times: "The environment is really conducive to prices rising at this particular point," said Alan Gin, an economics professor at the University of San Diego's Burnham-Moores Center for Real...
Watch the Solds
All the hubbub about a hot market, and about $3, will get you a cup of coffee these days. Let's keep an eye on what actually closes, that is where the real proof lies. Here's a youtube tour of Solana Beach houses that closed in January, 2010:
Ooze
Later we'll take a look at some flippers around the normal beat, Carlsbad to La Jolla, but first let's review the December stats in Oceanside's 92057. Northeast Oceanside was one of the first zip codes in the county to feel the full impact of the real estate...
RE State of the Union
We're past the holiday season, the Chargers have checked out, and February is ten days away. Let's review current market conditions: Trustee Sales for North SD County Coastal SFRs (Carlsbad to La Jolla) There are more properties on the NOTS auction list (444) than on...
Bring On the Recasts!
The new year is barreling down on us, and before you know it we'll be in the 'spring-kick' season. How is it looking so far? I want to update the previous stat check from a week ago - it wasn't balanced due to fewer business days/more weekends. Let's compare the...
Expostulation?
Our old friend in La Costa Oaks keeps evolving. Out of the 20 homes on the street, four have been foreclosed, and two sold short (one of those is still pending). But on November 9th there was a sale of a 3,345sf house on the culdesac that was head-scratcher:
Out Of The Blocks
How is the 2010 market comparing with previous starts? North SD County Coastal Detached Homes (from Carlsbad to La Jolla), during Jan. 1-11: Year Total Listed LP $/sf Closings SP $/sf 2002 174 $366/sf 66 $252/sf 2003 227 $416/sf 59 $319/sf 2004 121 $527/sf 61 $385/sf...
Keep Abreast
Want to learn more about real estate? Look at properties every day. Let's view at least 200 videos this year, displaying 5+ houses each. A year from now, you will have seen over 1,000 houses in North SD County Coastal region, and be able to evaluate any house...
Benefit of Tax Credit
As we wind up 2009, here are more sales statistics. You don't see much extra benefit from the tax credit in the November closings - there was only 10% increase in SFR sales, Y-O-Y, and 29% increase in condo sales. Did more pending sales get pushed into December or...