The month of March is wrapping up next week, and we're heading into the Easter/Spring Break period. Local buyers who might take some time off will be offset by the out-of-towners coming in for a look. The market seems very balanced currently, and our 'market health'...
It's remarkable how strong the data is for homes sold around North San Diego's coastal region. Most impressive is the number of sales in spite of higher pricing - there isn't much drop-off! These are houses sold between February 1 - March 15 Year # of Sales Median SP...
The real estate market around Orange County is similar to ours in San Diego, and they are feeling the seasonal surge like we are currently. Mortgage rates under 4% are certainly contributing to the fever - live it up while you can!...
It used to make sense that the higher prices went, the more people would sell. But now here we are at all-time high prices, and not many are interested. It must be due to the lack of other options - not selling looks better than selling. New Detached-Home Listings...
I mentioned on video that my phone has been blowing up the last couple of weeks, and other agents are reporting the same thing. The graduation season is over, and July is only five days away! Are buyers fired up because of USA Soccer? Part of the action may be due to...
A month ago, the 30-year-fixed rate bumped over the 4.50% mark, and we thought that with more Fed-taper looming, we'd be seeing 5% mortgages. Look what's happened since: We've seen how improving rates tend to fuel the frenzy conditions. Now if there were just...
The Spring Selling Season around here traditionally gets started right after the Super Bowl - let's talk about it! On Monday, February 3rd at 8:00pm we will be joined here by Rich Toscano and other local experts to discuss the real estate market! Using Google Hangouts...
I removed the 'Foreclosure' and 'Short Sale' buttons at the top of this website. The distressed market around NSDCC appears to be over, and while there will be some stragglers, there won't be any distressed sellers unless, and until, the banks start up the foreclosure...
Our Christmas-dinner conversation last night included a few thoughts about real estate, and reflecting back on the frenzy conditions in spring. The Frenzy of 2013 was slowed somewhat by higher rates & prices. But it doesn't mean it won't kick up again - because...
From bloomberg.com: The number of Americans who owe more on their mortgages than their homes are worth fell at the fastest pace on record in the third quarter as prices rose, a sign supply shortages may ease as more owners are able to sell. The percentage of homes...
