Almost a month ago I announced that I would be selling RanchoSanPasqual.org. I created the RSP site to help sell my house. My house sold. Now it’s time to reduce my commitment to this site. I have other projects that are more important.
The problem I discovered is that nobody wants to buy it.
The site would [...]
Last September I commented on how I was glad I sold my house already. Things in my old neighborhood of Rancho San Pasqual have gotten worse.
Just one month ago there were 18 properties for sale. A few went into pending status, a few gave up and one more person put their home on the [...]
From Wikipedia:
In Greek mythology, Cassandra was a daughter of King Priam and Queen Hecuba of Troy whose beauty caused Apollo to grant her the gift of prophecy. However, when she did not return his love, Apollo placed a curse on her so that no one would ever believe her predictions.
In March 2006, over the course [...]
Here are 3 tips I’d like to pass onto anyone considering buying or renting downtown.
Avoid low-floor corner units - Being low means you get to hear a lot of street noise. Having that unit on a corner means you get to hear it from 2 different streets.
Quiet intersections Never Are - There is something peaceful [...]
About 45 days ago I did a check on home prices in my old community of Rancho San Pasqual. At that time there were 11 homes for sale. Today there are 12 homes for sale.
2 Homes went onto the market
1 Home either sold or was pulled
5 Homes lowered their prices ($18K, $10K, $25K, [...]
From San Diego’s own Reasons Unbeknownst on Are Economists Too Optimistic on Housing’s Soft Landing?:
“I do not see a Housing Bubble; rather, we have an extended asset class”
B.R. (Barry Ritholtz)
“I’m not fat, I’m big boned”
Eric Cartman
Legacy Comments
Barry Ritholtz
I find it amusing that the same people who missed history’s biggest bubble ever — late 90s Dot.com/Tech [...]
The chart below was borrowed from The Big Picture blog. This one image is more valuable than my Finance degree from college. Because investing is never completely rational, understanding the sentiment of fellow investors can prove to be more financially rewarding than just crunching the numbers.
The Market Sentiment graph can be used to track investor [...]
Last month I told a friend not to do a for sale by owner. In that post I went into detail why you need to court buyers agents more than ever. Someone asked me what I would do if I had to sell my house now. Before I outline my plan, let me first state [...]
A friend of mine recently told me she was going to sell her house herself. She asked me what I thought of that idea. Here is what I told her.
There are 2 cycles to the real estate market. A buyers market and a sellers market. 2004 was the end of the sellers market. Today the [...]
You always hear how renting is dumb and you are just throwing your money away. Under normal market conditions owning is a better financial decision than renting. However, real estate prices today in downtown San Diego are anything but normal.
I choose to rent rather than own because it’s A LOT cheaper today. Yesterday I got [...]
