We can expect that the election season will be like no other in the history of the USA! Prepare accordingly! Can you imagine how this will play out? If Biden wins, there will be a civil war. If Trump wins, he's promised that there will be full chaos on Day One. We can...
Happy March! These are updated on the first of the month and are interactive: No real concerns there. The low volume causes the bumpy appearance, but for the most part, the pricing is fairly steady. If there were a downward trend for a few months, it would be...
3 The Point - Coronado, Ca from Spearhead Media on Vimeo.
The blip in active listings over the last week isn't too concerning and could just be from the weather. The count of active listings is a good indicator of the demand though. During the mega-frenzy conditions from late-2020 through early-2022, you can see that the new...
As of February 1st, the January sales count is 103, with the median sales price at $2,275,000, which is a nice pop over the 87 sales from last month. The graph above shows how any momentum was thwarted by rising rates in October, and some relief now is probably...
Thomas Kowal knew living expenses in Los Angeles would be steep. But he was surprised at how steep. Kowal, 25, had lived on the East Coast for most of his life, but he applied to UCLA for a toxicology PhD program because, he said, he wanted a change of pace and...
The NSDCC listings inputted between January 1-15 are up 11% YoY: 2023: 100 2024: 111 Take last January's total of 205 listings + 11% = 228 for the projected winning score, which would blow by everyone. How close the monthly total gets to 228 will tell us if listings...
The NSDCC inventory is starting off the new year with virtually identical numbers as it did in 2023! The big difference? Last year everyone thought we had a recession coming, and this year it's all blue sky ahead. At the beginning of 2023, the 30-year mortgage rate...
The big difference between last year and now is that the 2023 pricing has been on a slow steady climb, instead of the tumult caused last year by the sudden upward shift in mortgage rates. San Diego is leading all the higher-end luxury markets for YTD pricing! Another...
Yesterday, Jay Powell shocked the world by declaring three rate cuts in 2024! It was Fed speak of the most unusual order - open and transparent, instead of the opaque mumbling of previous chairmen. The predictions are for rate cuts early in 2024 too. The CNBC survey...
