How Much More Pain Can Homebuyers Take?
The national median home price is up 53% to 353,900, but household income is also way up – 40% to $5,627.
Read MoreNew Year, New Story?
This week: Two weeks off and straight to the deep end – it’s time for our usual deep dive into the monthly numbers. 🙌 Weekly Snapshot Dec. 31 to Jan. 6Prev 4 Week Avg.% ChangeDec. 24-30 New Listings47831411.69%178 New...
Read MoreThe Heat is Rising
This is my favorite time of the year. There is no better attitude than one of gratitude. I wish I didn’t need a holiday to remind me of that, but apparently this year I do. My intention is to lean into that this week, and...
Read MoreLooking Ahead at the San Diego Real Estate Market
The San Diego real estate market is influenced primarily by three variables right now: Housing supply Mortgage rates Local job market (employment and wages) Every month I touch on each one to see how we’re doing using...
Read MoreAnticipation
I just wanted to take a moment to say “THANK YOU!” to those of you who take the time to reply and share your comments, opinions, and, of course, praise. It takes a good amount of time and energy for the team and me...
Read MoreMurky Waters
It’s a slow news week, at least as it relates to real estate. Yet, the pressure is building all over the place and no one seems to be sure which direction it’s going to go. This week: keepin’ it...
Read MoreFalse Alarm
FALSE ALARM! If you read last week’s email you’ll probably remember the weirdness in the data. I finally heard back from SDAR on Wednesday last week. They confirmed the reported inventory number was a typo...
Read MoreIt’s not a fad
BREAKING NEWS: They’re now allowing football in Petco Park. Where the heck was this idea when we were trying to keep the Chargers. This week: the weekly snapshot plus a look into the building momentum of the iBuying wave....
Read MoreMisleading Headlines
“Housing boom is over as new home sales fall to pandemic low” Misleading headlines like this was one of the main motivators for me wanting to start this weekly email newsletter. The majority of people (your clients...
Read MoreInflation or Deflation?
Weekly Snapshot Bonds (and by extension mortgage rates) continue to confound, perplex and confuse (yes…all of those) economists as rates keep dropping in the face of record inflation. July 9-15Prev 4 Week Avg.% ChangeJuly 2-8...
Read MoreBuyers Rejoice As Inventory Is Up
It’s pretty cool to see the start of a new industry, space tourism, literally and figuratively launch in front of our eyes this weekend. My hope is that you do so well with real estate (hopefully with a little help from us...
Read MoreState of the Union: Short Term Rentals in San Diego
Written by: Andrew Greer As you may already know, short-term rentals (STR) in the city of San Diego were given a devastating hit on April 6th. But is it as bad as it seems? Led by Council President Jennifer Campbell, the SD City...
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What is a Real Estate Investor
A real estate investor comes in many forms and it is someone who includes a real estate asset to...
Read MoreCrazy Market Slows Down Buyers
It’s bonkers out there. A real dog-eat-dog world when trying to buy a home in San Diego. Not only are median prices increasing monthly, but the number of offers a buyer must put in can reach over double digits before they find a...
Read MoreI Inherited A Home, Can I Still Sell To An Investor?
Yes, yes you can! There are some tax implications for inheriting a home in California, or none if you’re moving into the home as your primary residence. The process is similar to selling your own home, but with inheriting a...
Read MoreDo I Have To Use A Realtor To Sell To An Investor?
The simple answer is no. You can be your own boss and sell your home without a Realtor. As with most ventures, there are pros and cons to hiring a real estate agent such saving money to setting the right price. However, if...
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