Kayla in Manhattan
Apr 15, 2022 |
syndicator
Our daughter Kayla is upping her video game: If you, or someone you know, is thinking of moving to New York City – she can help!
Our daughter Kayla is upping her video game: If you, or someone you know, is thinking of moving to New York City – she can help!
There is some some discussion among the talking heads that a moderating frenzy could cause more sellers to come to market in hopes of getting out while they can. They may be right in areas where inventory is already exploding. But not in San Diego, where last month the new listings dropped more than anywhere […more]
What a wild ride lately! It’s safe to say we’ll never see a March like this again: NSDCC March Sales & Pricing Year March Closings Median List Price Median Sales Price Median Days-On-Market 2015 300 $1,195,000 $1,115,000 48 2016 252 $1,162,500 $1,143,665 50 2017 258 $1,096,500 $1,074,000 45 2018 258 $1,399,000 $1,396,250 16 2019 211 […more]
Like most real estate talk, half of this is horsepucky: Don’t Let FOMO Drive You Just because everyone is buying a house, doesn’t mean you should be too, said Donald Olhausen Jr., owner of We Buy Houses in San Diego. “I have seen many people force bad decisions because they have fear of missing out […more]
I suggested that mortgage rates should settle into the 4.75% to 5.50% range, and Bill at CR thinks the range will be 5.0% to 5.7%. Today’s rates are in the low 5s, so we have arrived and buyers should not feel the need to hurry up – but it will be bumpy over the next […more]
Development proposals have been requested by the City of Carlsbad and the NCTD for the properties adjacent to the train tracks. A brief review: Click here for more info:
In the last 24 months, there were two sales of $1,670,000 and $1,725,000 in the Ranch of Carlsbad. In the last 12 months, there have been three sales in the $2,500,000s. Now there are two sales closed over $4,000,000!
Rates are increasing to more normal levels and the hysteria in the market just highlights how juiced and stretched we have played this low interest rate environment. Inflation is now out of control and the Fed will have no choice but to act and this of course will cool the housing market. Last year the […more]
The percentages of sales closed over the list price are higher than in 2021, but will it continue? NSDCC Monthly Detached-Home Sales, % Closed Over List Price ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ NSDCC Average and Median Prices Month # of Sales Avg. LP Avg. SP Median LP Median SP Feb 224 $2,298,797 $2,257,334 $1,719,500 $1,758,000 March 252 $2,295,629 […more]