There may be a lot of turbulence around real estate these days, but sales keep happening! The pricing metrics are up 5%-6% since last April, and we’re not done yet with sales this month. Helped by Easter being on March 31st this year, the final count of closings for April, 2024 is probably going to […] The post April Results So Far first appeared on bubbleinfo.com ..read more

Torrey Pines is #13, San Dieguito is #15, Carlsbad HS is #40, and La Costa Canyon is #45. The full San Diego-area public school rankings can be found on the U.S. World and News Report website here. The post San Diego Top Public High Schools first appeared on bubbleinfo.com ..read more

We lost Gregg LeNoir Allman in 2017 at age 70, and we lost Dickie last week at age 80 – rest in peace. We won’t see anything like this again. (hat tip just some guy): “Melissa” (sometimes called “Sweet Melissa”) is a song by American rock band the Allman Brothers Band, released in August 1972 […] The post RIP Dickie Betts first appeared on bubbleinfo.com ..read more

They are only three months into their mega-launch of Homes.com, and CoStar founder and president Andy Florance is already taking victory laps. He is also the #1 cheerleader for buyers going directly to the listing agent, which will be the end result of all the changes underway. Here’s Andy talking in front of a group […] The post CoStar Charging Ahead first appeared on bubbleinfo.com ..read more

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The locked-in effect has been bandied about for the last couple of years as the reason why the inventory remains thin. But it’s not stopping those who want to pay cash and avoid a mortgage altogether – every area is showing increases in the all-cash purchases. If you don’t want to leave your local neighborhood, […] The post All Cash first appeared on bubbleinfo.com ..read more

Yesterday, it was announced that CoStar is buying Matterport. Excerpts: I look forward to welcoming Matterport to the CoStar Group family and believe that we will be stronger together, in pursuit of our common mission,” said Andy Florance, Founder and CEO of CoStar Group. “The world has changed and today a Matterport is the new […] The post The New Open House first appeared on bubbleinfo.com ..read more

On Friday, the Plaintiffs’ counsel filed a Motion for Preliminary Approval of the commission-lawsuit settlement agreement with the federal court, so the two new rules will go into effect in late July, apparently. The plaintiffs have requested a hearing on final approval of the settlement by the court to be held on November 22, 2024. […] The post July Conversations (Or Sooner) first appeared on bubbleinfo.com ..read more

The graph above should give us all some guidance on where the 2024 market is going. Sales are hanging tough though. There have been 117 NSDCC closings this month, so we should get close to the 165 sales we had last April. The median sales price is running +5% above last April too. The $0 […] The post Inventory Watch first appeared on bubbleinfo.com ..read more

This is the #1 reason I went to Compass, and I didn’t really feel like I had a choice. When realtors get disrupted, this is the way the big brokerages can survive while the little guys die. Hoard the listings in-house as ‘private exclusives’, like they do in the commercial real estate. The practice is […] The post Off-Market first appeared on bubbleinfo.com ..read more