North coastal is doing better than most! Seniors are most susceptible: https://www.sandiegouniontribune.com/coronavirus-data
Covid Update – San Diego County
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Virus
Wait And See About Foreclosures?
This presentation covers both sides of the concerns about home values plunging because of the effects of the pandemic on the economy. Suze says don't buy a house until later this year because there could be foreclosures, and David points out that the CARES Act already...
New Video by X
The premiere of the new X video hit the Rolling Stone website today - watch in the beginning when they cruise by John and Exene's old house at 1118 North Genesse in North Hollywood where they lived back in the day and John carved their names into the curb:...
Coronavirus By Zip Code
Here are the coronavirus comparisons by zip code (new counts above). Percentage increases in cases over the last 24 days: Carmel Valley: +293% Carlsbad: +287% Solana Beach: +264% Encinitas: +224% La Jolla: +217% Rancho Santa Fe: +207% Del Mar: +177% San Diego County:...
Statewide Showings Subside (Slightly)
I'm not alarmed here with a statewide drop-off in showings: Showings are 37.4% above those in early March. They are way ahead of last year! It was going so good that a drop-off was inevitable. Showings declined this time last year too - might be seasonal. If you would...
Pendings Daily and YoY
The graph above shows the raw data - how the pendings started to increase as we got into April. It seemed like the action began to slow down just recently, and, sure enough, the rolling averages have been in decline over the last week or two in San Diego - and...
San Diego County Covid-19
North County's coastal region looks pretty good! https://www.10news.com/news/coronavirus/heat-map-covid-19-cases-in-san-diego
Coronavirus Discount
Our listing downtown has closed escrow! We hear all this news about home prices being stable, and more people wanting to move to the suburbs. Where does that leave the higher-end condo market? There are 33 active listings of 92101 condos priced over $1,800,000, with a...
Covid-19 Changes At Home
My good friend Nancy Keenan was featured in this Forbes article - an excerpt: Conducted from April 23 to April 30, the America at Home Study compared responses from 3,001 consumers 25 to 74 years old with household incomes of $50,000-plus; 77% were homeowners, 20%...
Coronavirus Price Premium?
When the coronavirus shut down the economy coast to coast, it was natural to assume that the real estate market would take a hit. Being in quarantine would certainly cause sales to plummet, and with 20% to 30% unemployment, prices would follow, right? All that was...
