We are eternally grateful for all the generous support of Mama's Kitchen. This year we distributed 92 pies and had another $1,700 in contributions that will enable Mama's to provide about 1,740 medically-tailored meals to the critically ill in San Diego!...
The year-end slide of the local non-seasonally-adjusted Case-Shiller Index looks like it will last twice as long this year. In 2023, it was a relatively-brief three months, but this year the pricing turned in mid-summer. Expect the same result in 2025 - the prime...
https://youtube.com/shorts/Gcqrvlt5vbk?si=ENE4nCWIHc4Rj8UK
Yesterday realtor Paul commented that he too has seen the Zillow views and saves get re-jiggered: I have screenshots from a few listings that were showing a certain number of views. The next day the view count decreased almost 1K views. Next day it was down a few...
Oh geez, here we go again. The number of Zillow views DECLINED since yesterday. How do the views go backwards? We already know that Zillow recalibrates their zestimates to within 1% of the list price once a home is listed on the MLS, rendering their posted guesses of...
My rule-of-thumb has been based on results. When a new listing has a number of saves that are 5% or more of the views, then I have a hot listing that typically sells right away. My listing on La Costa Avenue is a week old and has been running around 3%, and then...
It was in May that Zillow started guessing +1%-ish for local appreciation. Comparing their 'typical home values' from May to today shows a decline of roughly 2% in pricing in all zip codes over the last six months. With sticky mortgage rates and a political circus for...
It looks like the NSDCC market will survive the usual end-of-the-year blues just fine. We should match last November's sales count (even with higher pricing), and combine that with the improvement in the days-on-market and it makes me think the momentum is building...
The number of active listings between La Jolla and Carlsbad is 24% higher than they were last year at this time, and the pendings are +27%, which indicates that the demand has been strong enough to pick up the additional supply. But it has to be at its limit, doesn't...
Bill is one of the few bloggers still around who comments daily on housing and the economy. Read his full article at his free substack here: https://open.substack.com/pub/calculatedrisk/p/watch-months-of-supply-76b He makes an interesting comparison between June and...
