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Jan – Website Traffic

For last month,, received over 27,000 unique visitors!

For those of you who may not know the difference between unique visitors and hits, there is a tremendous difference. Unique visitors are one visit to the website counted per unique IP address in a 24-hour period. Website hits, are just the number of individual image or graphic segments that load when a page is accessed. So, if you look at the chart above, you’ll note that for December 2016, received 27,437 unique visitors! If you look over on that same row to the last column that’s titled ‘hits’, you’ll see that we had 151,510 hits for December 2016. The huge disparity here is because if one page has 20 or 30 graphic elements that load when the page is accessed, you may have one unique visitor for that day, but, it would show that you had 20 or 30 hits. This is why the amount of hits that a site gets, is really irrelevant. Read more »


The Trump Real Estate Effect 2017

The Trump Real Estate Effect 2017

Trump election victory The Trump Real Estate Effect 2017

I’m writing this in the first week of January 2017 and even though where a couple weeks away from the inauguration of Donald Trump, speculation abounds as to how his presidency will effect the real estate market.

While this speculation is going on, a dramatic effect on real estate is happening because just a couple of weeks ago the Federal Reserve Board increased interest rates. But, as I’ve said before, more importantly than the Federal Reserve Board’s interest rate increase was the fact that they stated that they would be raising the interest rates three more times in 2017.

Here in San Diego, with the average residential home price around half $1 million, it is already extremely hard for the majority of working people here to qualify for a home mortgage unless they put a substantial down payment. Naturally, as interest rates increase this will only make the situation worse. Read more »


Happy New Year

Happy New YearHappy New Year

One of the true joys of the Holiday Season is the opportunity to thank you and wish you the very best for the New Year.

I truly appreciate your contributions to my real estate career success.

May you and your family enjoy a Wonderful Holiday Season and a Happy New Year!

Bob, Judi,Jared,Oakley &Annie




2017 Real Estate – Mortgage Outlook

2017 Real Estate Mortgage Outlook

Central Library San Diego - San Diego housing market forecast 2017 Real Estate

As I’m writing this in mid December 2016 the Federal Reserve Board just hiked short term interest rates inthis past Wednesday. This quarter percent interest rate hike was pretty much universally anticipated, and so did not come as a surprise to the financial community.

What was a surprise to many was the fact that the Federal Reserve Board stated in their Wednesday meeting minutes that they anticipate to raise the interest rate at least three times during 2017.

We all know that rising interest rates are a damper on the real estate market. But, usually when rates first increase, like this Wednesday’s move after a while of inactivity or decreasing rates, the residential real estate activity actually picks up. Some attribute this uptick in the fact that it motivates many potential buyers who had been considering a purchase as well as new buyers entering the market to get their purchase closed as soon as possible so as to avoid any continuing rate hikes.

With the federal reserve actually stating that it anticipates three more rate hikes in 2017, I personally feel that in a month or two, when the real estate statistics are published, we are going to see a big increase in residential sales activity at least for December 2016 through March 2017.

So, right now interest rates for a 30 year fixed rate mortgage were averaging approximately 4.16%, this was up from 4.13% just last week. Now, if we go back a full year, around December 2015 the 30 year fixed rate home mortgage was averaging approximately 3.97%. When one looks at these rates in comparison, the recent Federal Reserve rate hike did not really have a dramatic affect in the 30 year fixed rate home mortgage rates. Read more »


2017 San Diego real estate forecast

2017 San Diego real estate forecast

Trump election victory - 2017 San Diego real estate forecast

Just yesterday the stock market was up over 297 points continuing the post-election stock market rally. Also, interest rates and home mortgage rates have been increasing and the 30 year home mortgage hit 4%, the highest since July 2015.

In a recent report by, their ‘®’s 2017 Housing Forecast – Top 100 Metros’  of the 50 United States top metropolitan areas, when based on a combination of home appreciation and sales increases, this report forecast that San Diego California will be number 15. in this 2017 housing market forecast is showing that San Diego is projected to have 6.5% housing price increase.

*Note – the above 2017 housing forecast is just that, a forecast or outlook. So, this could be way off from the way the 2017 real estate market actually plays out. A good example of how what many thought was an accurate forecast, and actually the majority view can be totally off was just prior to the election, many forecast the stock market would crash and the economy would tank if Donald Trump was elected. Well, just like the majority forecast of Clinton win up until 9 o’clock or so of the election night, their forecast about the economy and the stock market has been exactly opposite of the reality! so even though this forecast is by a respected leader in the national real estate market, doesn’t mean that you should act on it without first consulting your own legal and financial advisors.

Read more »


San Diego real estate 2017

San Diego real estate 2017

As I’m writing this we are in the last few of weeks of 2016 and our thoughts are now turning to the prospects for the San Diego real estate market in 2017.

Here in San Diego California the shortage of resale housing supply and the very favorable interest rate environment has maintained the momentum in home price appreciation for a number of years. Actually, 2016 San Diego real estate home appreciation was stronger than the majority of real estate insiders had predicted. Read more »


San Diego Home Prices Hit Decade High

San Diego Home Prices Hit Decade High

San Diego home prices

A real estate trend tracking company just reported that the San Diego median home price exceeded half $1 million for the first time in a decade! Yes,  the San Diego County median home price in October was over the $500,000 mark. For October the San Diego County median home price  was $507,500. so far  for the year San Diego home prices were up 11%.

Although this is an excellent report  for San Diego County homeowners, the snapback in the San Diego median home price has a way to go before it reaches the levels set in our last housing boom.  In November 2005 the San Diego County median home price in an all time record of $517,500! Read more »


California Small Plane Landing

California Small Plane Landing

A new way, at least for me, to view San Diego California real estate.

This was my first flight in a small plane piloted by a good friend of mine, Mr. Jim Wright. Actually, this video is the conclusion of the flight as we set up a perfect landing at Gillespie Field in El Cajon.
The plane is a Cessna 172SP, built in 1999.

What better way to see San Diego real estate than by air! This video is the conclusion of my first small plane flight ever as this two-seater Cessna lands that Gillespie Field in El Cajon. at the start of the flight, we headed west over downtown San Diego the car not all bridge and then headed up the coastline starting at Point Loma up to Delmar, where we turned inland and headed out towards Granite Peak and Mount Laguna, before turning around for a landing that Gillespie Field.

Did you know that there are about a little over 500,000 active certified pilots in the United States? I know this number might sound high but actually it’s been declining for the past couple of decades. Yes, in 1980 there are approximately 827,000 certified pilots in the USA and this was the high point. Read more »


Thanksgiving 2016

HAPPY Thanksgiving
Happy Thanksgiving

I’d like to take a moment to express my gratitude to all of you this Thanksgiving.

Over the years, I have met some truly wonderful people, and I wouldn’t be where I am today without all of your support.

Enjoy your Thanksgiving dinner with all of your family and friends—that’s what I plan to do!

In the meantime, if you have any real estate questions, please don’t hesitate to reach out. I would be happy to help you.

Happy Thanksgiving,

Bob & Judi




Real Estate Bubble 2017

Real Estate Bubble 2017 – Another real estate bubble?

San Diego real estate market forecast - Real Estate Bubble 2017

Now, don’t get super worried about this because I am not talking about the residential real estate market here. What I’m talking about, is the approximate $11 trillion U.S. commercial property sector.

Moody’s investor services recently issued a warning about the increasing delinquency rate in the commercial mortgage-backed securities (CMBS) market. This report indicated that delinquencies of 60 or more days at increased from 4.6% in 2015 to 5.6% in September 2016.

Another major financial rating institution, Fitch Ratings, in its November report indicated that this sector may be a trouble spot. In particular, this report singled out CMBS backed by apartment buildings as security, and also expressed concern about construction loans.

Another indicator of trouble ahead in the commercial real estate market is the Green Street Commercial Property Index. This well respected commercial property index hit its peak in 2007. Then, after you drop the index bottomed out in May 2009, since then the index has gained 107% and now is actually over its bubble high in 2007 by 26%! Read more »