I was telling someone over the weekend how the local market has been smoking hot lately - at least for those sellers who list their home for a reasonable price. He responded with a guffaw, and the usual indignation, "That's not what I've been reading". Here are the...
In August we saw a spike in NODs, mostly due to Bank of America's increased output. It was mentioned here that last month's NODs appeared to be slowing. But I just figured out that the NOD reporting by foreclosureradar.com runs about 10 days behind - even though they...
How is that spring selling season coming along? North San Diego County Coastal detached sales and pricing, January through May (5 months): Year # of Sales Avg. $/sf 2000 1,377 $268 2001 1,117 $289 2002 1,568 $292 2003 1,411 $330 2004 1,380 $427 2005 1,244 $472 2006...
Here is the average LP/SP $-per-sf of detached properties sold in North SD County Coastal: Period LP $/sf SP $/sf 2010 $402 $380 4Q10 $411 $381 Jan/Feb'11 $392 $370 But the recent action has been startling - last week the average LP-per-sf of the 52 pendings was...
If you're trying to gauge your chances of finding a seller who is distressed, here are the number of detached properties that have listed on the MLS as short sales (SS), bank-owneds (REO) or regular sellers (Reg.), plus the number of SFR trustee sales completed...
We have discharged all previous assumptions, and are open to what the future may bring for the local real estate market. Let's examine - what are the possibilities, given these conditions: 1. Low sales volume. 2. Low pressure on pricing. 3. Not many foreclosures. 4....
Are you thinking, "what can I expect this year?" For those watching the new listings that are hitting the MLS these days, it may seem familiar. So far, the 2010 Spring Kick is looking much like last year's. Courtesy of our friends at Housingtracker.com, we're seeing...
From the North County Times: For the first time since home prices started diving three years ago, the median price for a house in North County showed a meaningful uptick in April, a sign the region's housing market might be transitioning toward stability. To be sure,...
