February 13th, 2025 Happy Thursday Mortgage rates jumped after yesterday’s inflation report showed the Consumer Price Index (CPI) was higher than expected. Finance folks, you can skip ahead. But for the rest of us, here’s a quick breakdown: Mortgage rates are tied to bonds, and inflation is their worst enemy. Bonds are "fixed income" investments—think of them like an investor buying a mortgage at a set interest rate. Here’s why that matters: If an investor earns $100 today, that might cover a...
10 days ago • 4 min read
February 6th, 2025 Happy Thursday Who’s moving right now? It might seem like an odd time of year for a move, but there are always five groups on the move—we call them the “5 D’s”: Diapers, Diplomas, Diamonds, Divorce, and Downsizing. Baby boomers, a generation of approximately 73 million Americans aged 60-78, own around 38% of U.S. homes. This makes them a significant factor in the housing market and a potential source of future inventory. By 2035, experts estimate that the number of homes...
17 days ago • 4 min read
January 30th, 2025 Happy Thursday Without a doubt, whenever mortgage rates drop, activity—and affordability—rise. We're seeing the usual seasonal uptick in demand, but I also noticed even more buyers and sellers sitting on the sidelines due to the election, who are now considering making a move. The Fed didn’t surprise anyone this week, keeping rates unchanged while noting inflation still needs to improve before any rate cuts. While the Fed sets short-term rates, mortgage rates move based on...
24 days ago • 3 min read
January 23th, 2025 Happy Thursday Inventory is increasing quickly—faster than homes are going into contract. This shift suggests the market is beginning to balance, though most areas remain significantly undersupplied. I’d love to hear your perspective: Where do YOU think the San Diego housing market is headed this year? Take this 5-second poll by selecting your answer from the drop-down menu: Vote Here Here are 3 properties, 2 RE news updates, and 1 thought from me + a market snapshot. New...
about 1 month ago • 4 min read
Januray 16th, 2025 Happy Thursday The devastating fires sweeping through LA have me at a loss for words. While San Diego has been spared so far, the complete absence of rainfall scares me... We should all stay alert and prepared. I'm getting lots of questions: Will the fires impact our SD real estate market? Short answer: Not the sales market. But rentals, yes. Long Answer: I helped clients secure a luxury short-term rental in Del Mar at the beginning of last week. Days later, after the...
about 1 month ago • 4 min read
3-2-1: North County San Diego Real Estate Januray 9th, 2025 Happy Thursday My heart goes out to those affected by the ongoing wildfires in Los Angeles. With San Diego's close ties to LA -- many of us have family, friends, and colleagues there. My thoughts & prayers are with those facing these challenges. The California home insurance crisis has drawn significant attention lately. Questions I've heard, and quite frankly, wonder myself: How will insurance companies respond to these fires? What...
about 1 month ago • 4 min read
3-2-1: Happy New Year! January 2nd, 2025 Happy 1st Thursday of 2025! As we kick off 2025, I wanted to take a quick break from our usual market updates to wish you and your loved ones a wonderful year ahead. Whether you celebrated with a quiet evening at home or had a little too much fun, I hope you had a great one. It's an exciting time to "start fresh" on goals, objectives and healthy challenges. I'm excited to continue serving your real estate needs in the new year. Here's to fresh starts,...
about 2 months ago • 2 min read
3-2-1: Merry Christmas, Happy Hanukkah & Happy New Year! December 26, 2024 Happy Thursday! I hope you had an amazing Christmas, Hanukkah & have a happy & healthy New Year next week. This will be the final 3-2-1 of 2024. With that, I want to say how grateful I am for you. My "newsletter" is far from big, but it's powerful! A whopping 80% of you open this email every week (on average a big newsletter can expect 20-25% open rates on the HIGH end). I'm a firm believer in the idea of 1,000 TRUE...
about 2 months ago • 2 min read
3-2-1: North County San Diego Real Estate December 19, 2024 Happy Thursday! Hello from Kauai! My family decided to take our Christmas vacation a week early to avoid the travel crowds. I hope you're having an amazing holiday season and have something fun planned for the next few weeks. Napali Coast Boat Tour is a MUST do! Click on the picture to check out the video of the whales & dolphins we saw. Here are 3 properties, 2 RE news updates, and 1 thought from me + a market snapshot. The season...
2 months ago • 3 min read