NSDCC Monthly Sales 7:45 AM (last hour)
Today, let’s judge our market purely by the number of sales. Sales are the precursor of where the market is going. NSDCC Monthly Sales, Jan 1 – Apr 30 2024: 570 2025: 578 There have been 166 closings this month so far, and with one day to go plus the late-reporters, the April sales should […]
Trendy Tuesday – KK 29 Apr 5:21 PM (16 hours ago)
Recession Proof Home Items that Won’t Break the Bank With all the discussion about a recession, both the economy, the real estate market, and my emotions have been on a rollercoaster! Sometimes, a quick pick-me-up is just what you need for a little serotonin boost. For me, I like to buy myself a gift. But […]
Buyer Testimonial 29 Apr 8:33 AM (yesterday, 8:33 am)
I’m reluctant because these can be taken as bragging, plus there are the trolls – one of which left the first comment on YouTube (since deleted) that “testimonials = desperation”. But this video should help viewers get a feel for what it’s like to work with us. I’m the dream killer who talks people out […]
“Tariff Concerns Ease” 29 Apr 7:52 AM (yesterday, 7:52 am)
Can we find some positivity in today’s market? Are we about to turn the corner? There is enough doom out there that even our head cheerleader is grumpy. But there are reasons to be hopeful. The tariff talk seems to be settling down, and Trump should start making deals. The 10-year yield is settling down […]
SD Case-Shiller, Feb 29 Apr 6:47 AM (yesterday, 6:47 am)
San Diego Case-Shiller Index, Not Seasonally Adjusted In 2024, the big action was in the first quarter, and it cooled off quickly after that. The index rose 8.4% in the first five months, then gave back 3.1% the rest of the way. It looks like we’ll be lucky to hit half of that 8.4% gain […]
Inventory Watch 28 Apr 7:45 AM (2 days ago)
There are 501 active listings today between La Jolla and Carlsbad. The number of homes for sale in every price category are at their highest levels of the year, with the Under-$2,000,000 category rising from 59 to 74 actives (+20%) in the last week. The high point in 2022 was 480 actives, and we hit […]
Lower Rates Ahead 27 Apr 8:35 AM (3 days ago)
Trump is urging Powell to lower rates, and the Fed chief is going to cave. Powell will lower the rates. I guarantee it. He’s going to lower his Fed rate by 1/4%, and say, “There you go!” This is 2025, and we’re in Flat City. There is no help coming. Homes for sale are priced […]
Zestimate 2025 26 Apr 8:17 AM (4 days ago)
Homeowners put a lot of faith into their zestimate. They’ve been receiving their monthly updates for years and years now, and it’s like an old friend. It’s been so long that they forgot the doubt and mistrust of the zestimates in the beginning, and now figure their old friend wouldn’t let them down. Especially when […]
Tariffs and Real Estate 25 Apr 6:53 AM (5 days ago)
The world was rocked by tariff talk on April 2nd. The number of actives and pendings were already fighting to stay in line with last year, but look at the changes that began in April. Has the selling season ended prematurely, and it will feel like the off-season for the rest of the year? Looks […]
More Seller Tips 24 Apr 7:05 PM (5 days ago)
View this post on Instagram A post shared by Klinge Realty Group @ Compass (@klingerealtygroup)