Last December, I had guessed NSDCC sales would drop by 20% this year, but that was back when mortgage rates were touching 5%. With rates back in the 3s for most of 2019, our sales exceeded my expectations - here are the NSDCC detached-home listings and sales for the...
The inventory 'shortage' is limited to the lower-end. If you can spend more than a million, there are 785 choices today, which accounts for 92% of the houses for sale between La Jolla and Carlsbad. How the mix has changed: NSDCC Total Number of Listings Between Jan 1...
From RISmedia and fanniemae.com: Thanks to strengthening in consumer spending and growing policy clarity at the end of 2010, the economy is finally poised to accelerate and sustain above-par, less volatile growth, according to the January 2011 Economic Outlook...
Clear Capital released its monthly Home Data Index™ (HDI) Market Report, reporting a year-over-year national price change in 2010 of -4.1 percent, and expects another -3.7 percent year-over-year change in 2011. The HDI Market Report provides the most current (through...
General 2010 stats from the San Diego MLS: Total listings: 2009 - 70,744 2010 - 73,437 (+4%) The additional were probably all re-lists. Total Sales, Detached and Attached: 2009 = 35,240 2010 = 32,727 (-7%) Lower sales reflect the difficulty of finding good deals -...
This year we should hear more bottom talk, but will two-thousand eleven be that lucky?
Excerpt from Peter Schiff's article seen in the WSJ: How has the market found the strength to stop its descent? No one is making the case that fundamentals have improved. Instead, there is widespread agreement that government intervention stopped the free fall. The...
By Ash Bennington, NetNet writer, special to cnbc.com: According to economist Nouriel Roubini, the housing market is in a double dip. And negative Case-Shiller Home Price numbers out today only confirm that unpleasant truth. "It's pretty clear the housing market has...
The detached sales in North San Diego County Coastal have been holding up pretty well in 4Q10. The 4Q09 sales were somewhat enhanced by the tax credit, yet the last two months aren't too far behind. This quarter should only end up about 10% lower than the 4Q09 total...
Hat tip to the Coronado Kid for sending this 2010 summary from The Apple, Peeled: BUYERS - Top 7 Lessons of 2010: 1. Bears will always be bears: Many bearish voices in 2009 were calling for the NY Real Estate market to fall off a cliff … at the very least for...
