Another redevelopment project is coming to Leucadia - and this one is 110,274sf! Another hotel, two restaurants, 7,000+sf of retail, plus 74 market-rate apts, and 20 affordable apartments....
The Future
Culdesac Tempe
It makes sense to build communities in the desert and run them off solar. In the video, she says they want to build one for 100,000 people! Phoenix, that featureless and ever-spreading tundra of concrete, has been called “the world’s least sustainable city.” It has...
Single Agency
The pandemic is still raging, the President of the United States is in the hospital, the election is right around the corner, and so are the holidays. The frenzy has to slow down at some point, doesn't it? So I schedule for 11am, and show up to find today's list of...
Who’s Fleeing?
The pandemic is being blamed for people leaving town. I think it's more that Covid-19 is the last straw that is causing people to take the action they would have taken at some point anyway. The 'rona will be gone in 1-18 months - moving is a major life-changing...
Future of San Diego Real Estate 2
The turnover and upgrading of neighborhoods is commonly called gentrification, and what it means around here is that the affluent buyers (many, if not most, from outside the county) take over the real estate market, one house at a time. Their money does the talking -...
Future of San Diego Real Estate 1
Catherine asked what I thought about the next 1-2 years of real estate. First let's discuss why real estate in the future won't be like it's been in the past - we're out of dirt. Here's my conversation with Bill Davidson in 2012 about the future of home-building in...
Boomers In Control
This article is written by a professor at the Wharton School who has a book coming out this week. It appears we have a glut of boomers - will we stay put, or sell the family homestead (once the covid is solved) and explore the world during retirement? Population aging...
More on the 2021 Selling Season
My video on Monday touched on the different groups of buyers and sellers that should be very active in the 2021 selling season. Let's break it down further, shall we? SELLERS Boomer liquidations - When we first started talking about boomer liquidations, people in...
Frenzy to Continue
Because baby boomers tend to own in the best locations (they got there first), we should have an extended frenzy, and maybe an occasional glut of older and dated 2-story homes in some areas: Nearly a third (31%) of home sellers are “extremely anxious” about selling...
Own the Entire Process?
Reader AI said that "Eventually the big guys will own the entire process from beginning to end and the consumer will suffer, and pay more to do so". Zillow is on the verge of owning the entire process, but they aren't the only ones trying. Here's another example: In...