The “Track Meet” Market

The “Track Meet” Market

The incredibly low interest rates that existed in the first half of 2013 created an unprecedented frenzy in our San Diego Market. The low rates combined with the low supply in most price ranges created what we called the “track meet” market where it was a...
Skip the 13th Floor?

Skip the 13th Floor?

The thirteenth floor is a designation of a level of a multi-level building that is often omitted in countries where the number 13 is considered unlucky. According to a recent Wall Street Journal article, only 5% of mid and high-rise residential condominium buildings...
Sales Hit High Point

Sales Hit High Point

he housing market has been undergoing significant improvements in the past year, and that trend is reflected in a variety of ameliorating real estate statistics, including the still-growing number of home sales. The number of pending home sales seen through the end of...
Under Valued Real Estate

Under Valued Real Estate

While Tokyo housing prices are notoriously high by most standards, housing in Japan is significantly undervalued among developed countries when compared to historical averages. That’s the conclusion of a recent study conducted by the Organization for Economic...
I’m Good for the Bill

I’m Good for the Bill

With his mansion on Martha’s Vineyard threatened by storm erosion, Richard Schifter has come up with a novel solution for battling Mother Nature. Schifter is spending about one million to hoist the entire 8,300 square foot house – plus a 1,814 square foot...