The McMansion generation is in downsizing mode. Millions of Americans age 50 and older are looking around their spacious homes and are deciding they don't need all that room anymore. The kids are gone, maybe a spouse, too. And they could really use the money from a...
For those who think we are still over-valued and need to resort to historical trends, consider this. If it weren't for the big blow-up in the 2003-2004 era, we might have been fine. We are roughly 25% higher in pricing then we were 10 years ago, or about +2.5% per...
Video: Man Builds Moat To Save Home From Flooding
From the Charlotte Observer, via Piggington: Where do you begin a tour of a $2.45 million house? You begin outside, near the front of a wooded, 2-acre parcel, where a stone-bedded creek carries pumped water from the front fence down to an elegant koi pond. It's one of...
The usual.....price is firm, not giving it away, don't have to sell, it's special, better than the rest....
Hat tip to kwaping for sending this along, from the U-T: The developer of downtown San Diego's largest residential highrise said today that it is giving up on trying to sell any of the 679 condos and is returning deposits to dozens of buyers who had been awaiting the...
Will there be a big squishdown from above? It was noted yesterday that 35% of the active detached SD listings in SD, but only 20% of the sales in the last 30 days are over $700,000. Are the higher-end sellers who have been on the market for over 90 days motivated...
From the WSJ: Jeff Moorad, the lead owner of MLB's San Diego Padres, has taken his home just outside Phoenix off the market. It was listed for $28 million in the fall. "We decided it was best to stay on the sidelines for the time being" after re-evaluating the...
Sealed bids, live auction to follow The Del Mar City Council voted 4-0, with Mayor Richard Earnest recused, to try to sell its no-longer used Balboa property to pay off the remaining debt on the sentimentally valued 5.3-acre Shores Park. Escrow closed on the $8.5...
People were wondering about the condo project next to the Poinsettia train station, so let's review it, and a couple of other coastal projects, that have been underway for the last 2-3 years:
