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SAN DIEGO REAL ESTATE & MORTGAGE REPORT

Published since 1980 discussing local and national economic trends 

For Smart Phone Readers, please click on the selection tab in upper right corner to view the Report.

All mortgage lenders, great and small, must immediately adhere to the auction results reported below, as these auctions determine the pricing of fixed-rate mortgages nationwide.  By comparing today's results, with past auction results, one can measure changes for all fixed-rate mortgages.    No one, of course, knows which way rates may go from day-to-day, let alone hour-to-hour, so we naturally cannot be held responsible for market shifts, nor for the charts and data gathered from independent sources.
 

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-Current Retail Discount Pricing:
30yr. Fixed rate: 6.75% (7.29% APR)

11/03/2022

ALONG THE MORTGAGE TRAIL

FNMA wholesale 30yr. fixed-rate mortgage auction results: 6.64%, UP .18% following Fed announcement yesterday, and reaching way back in time to match this rate posted on  07/19/2006 (wow!).  As shown in the next column, the MBA purchase loan index was riding very high back then, meaning lots of real estate activity across the nation (albeit spurred on with non-qual programs that defied underwriting logic).   Back then in San Diego, the median sales price was $585k vs $887k today.  Given 20% down on those figures, housing expense in 2006  would roughly be $3800/mo., a figure similar to what was common a year ago at 2.87% rate on an $877k purchase price.  Today, it runs at $5726/mo. and that's with $175k down payment !  The trail would certainly seem to end here in S.D.  for most first-time buyers seeking detached SFR, but there are over 120 manufactured homes and 20 attached homes currently listed under $300,000.  All in all, this demonstrates how the Feds created an easy street QE open door for past borrowers, propelled property and stock values in return for the inflation of today and tomorrow.

11/02/2022

RIDING ALONG THE ALGORITHMIC TRAIL?

 FNMA wholesale 30yr. fixed-rate mortgage auction results: 6.46%, about the same as last report on 10/12/22, but this before Feds say more to come after .75% hike on discount rate (see hourly rate monitor above).  Stockholders/money managers no longer seem to think for themselves, as the DOW's weekly increase rose the highest since 1989, and then yesterday over 320pts on the ADP payroll report, then fell some 480 pts soon after for an 800+ swing after Fed Chair Powell said more increases to come.  ADP private payroll report came in with solid numbers of 247,000 new jobs, except that it was predominately low skilled leisure and hospitality (arts, entertainment, recreation, accommodations, and food service) that gained 210,000 of this total while goods producing sector lost 8,000.  According to Fox News reports, and the Administration acknowledged this, there will be a whole lot more idle goods producers as the nation faces a 20 day supply of diesel fuel, and diesel delivers most all of the goods here in the U.S. (yipes!).  Top that off with the seemingly relentless drive by NATO to start a war with Russia, and the Administration slammed a letter by 30 Democrats urging that the U.S.  initiate peace talks with Russia.  Early Russian reports are that the text messages prove the U.K. blew up the Nordstream pipeline, all of which seems senseless unless the directives and goal is fashioned by a higher force that believes out of chaos comes control.  Is someone also behind the curtain setting algorithms on price movements, keeping stockholders staring at wild trading prices, both up and down, following the bouncing blip on the screen?    

REPO MANIA

According to Investopedia, "Repos are typically used to raise short-term capital (for purposes of liquidity). They are also a common tool of central bank open market operations."  This chart shows a dramatic increase in this activity on this Fed repo chart  The figures are in billions so the numbers are around 2 trillion in overnight lending, likely trying to balance out ledgers of large banks and brokerage houses   Consider these latest developments:  

The Federal Reserve Banks have extended $6.3 billion to the Swiss National Bank through the Dollar Liquidity Swap line.

That’s after swapping $3.1 billion last week, with Credit Suisse announcing shortly after last Friday that they will buy back up to 3 billion Swiss francs ($3 billion) of debt after credit default swaps skyrocketed for the bank.

Couple that with this story:

ZURICH (Reuters) -The Swiss National Bank lost 142.2 billion Swiss francs ($142.60 billion) in the first nine months of 2022, it said on Monday, as rising interest rates and the stronger Swiss franc slashed the value of the central bank's foreign investments.

The loss - the largest in the SNB's 115-year history - was slightly more than the annual economic output of Morocco ($132 billion), but the central bank does not face bankruptcy thanks to its ability to create money.  

The SNB made a loss of 141 billion francs from its foreign-currency positions as the bonds and stocks bought during its campaign to stem the appreciation of the safe-haven franc slid in value."  So we have two central banks loaning to one another that can simply create their own money. Problem is, as rates go higher, the lower the value of their massive bond holdings, so more debt (ie, printed promissory notes called the Swiss Franc and U.S. Dollar) will be needed to pile on to existing debt to pay the interest on the debt--and then there is the massive derivative market, a fancy word for debt, that some estimate are in the quadrillions. 

One can only hope a new and better trail begins when this one ends (see WEALTH TRANSFER--3rd Column)

COMMERCIAL R.E. HEADS UP?

Maybe someday commercial real estate will look like a good bargain, but as debt service from higher rates eat into cash flow, recent high flying prices that are also based on future rent increase projections have come to a screeching halt.  Rental surveys for the 3rd quarter have yet to arrive, but word is businesses and residential tenants are having a rough time living up to glossy economic forecasts.  In commercial real estate, cashflow is king and determines the market value of a property, regardless of past sales:  

A new report from Moody’s Analytics CRE signals an ominous inflection point for commercial real estate: nearly a third of new CMBS issuance was afflicted with negative leverage in the third quarter as interest rates surged.

According to Moody’s, about $5.5B of CMBS—equivalent to about 28% of the mortgage-backed securities that were issued in Q3—were symptomatic of negative leverage in which the cost of debt is exceeding projected returns on investment, including projected rent increases.

This represents a huge spike from the 8% of negative leverage in CMBS detected in the second quarter and a quantum leap from the Q3 2021 level of 2%, Moody’s reported.

Moody’s said it was seeing a spike in negative leverage across asset classes, with the largest jumps seen in the industrial (35.9%) and multifamily (30.8%) sectors...“Negative leverage will most immediately translate to lower loan-to-value (LTX) ratios, a slowdown in lending and trading volume, and ultimately downward pressure on asset values.  This, by the way, does not apply to 1-4 residential rental units, which is a safer investment going forward.

10/12/2022

FNMA wholesale 30yr. fixed-rate mortgage auction results: 6.47%, UP

.29% from October's start, and

higher by .84% from September's average (and higher still judging from the rate monitor above).  We have to go deep into our monthly tracking to find yields this high, and ironically, on

08-02-2017 is that data point.  Ironic because that's when we mortgage brokers saw sub-par lenders starting to close their doors in unison, and the beginning of the mortgage meltdown.  We long wondered who would buy these high risk loans with close to zero underwriting standards.  Long after the dust had settled, our office was asked to audit files that went bad and where borrowers lost their homes.  Granted, these loans had little to no security, lending at 100% of value and no requirement to prove income with poor credit to boot.  One look at the loan list in the bundled packages sold to Fannie Mae, who didn't buy these high risk type of loans, showed that they were slipped in with the quality loan bundles, and sold all over the world.  This would have been easy to spot if government auditors at SEC or large private credit rating companies tasked with reviewing these securities had not been asleep at the job, but all of them asleep at the same time? Or paid to look the other way.  If this was part of the plan to take down the global financial system, it was a great start.

09/26/2022

FED EXPERIMENT GOES BUST

FNMA wholesale 30yr. fixed-rate mortgage auction results: 6.26%, UP a whopping .4% from Thursday, and UP 1.41% from August average, even when the Fed balance sheet shows they bought $5.287 billion of these mortgage-backed securities in the week ending 9-14-22, bringing total holdings back to 5-11-22 levels of quantitative easing (QE) policies at $2.715 trillion.  Once again at any auction house, attractive pieces get bid higher from eager buyers, while less attractive have to lower the bid price, or be removed by the auctioneer.  In the case of these MBS, figure the Feds come in and buy up what outside buyers don't want to pay, and thus keep the asking price from falling.  The caveat here in mortgage and bond prices is that falling prices produces higher rates, and vice-versa.  So this begs the question: how much higher would these mortgage rates have flown if the Fed had not intervened and became a big buyer again at these auctions?  Or worse, how off the chart would they go if the Feds sold these MBS holdings at these auctions, as was their intent when they announced policy shift of quantitative tightening early in June?  That would have been an explosive cocktail mix, but one that maybe fitting for the inflation cocktail already stirred up by the Feds in yearly QE dosages, now downed and coursing through the veins of the economy and shrinking consumer wallets.  At Wednesday's press conference, Fed Chairman Powell was asked about plans to reduce its $2.7 trillion holdings of these mortgage-backed securities. Powell responded "It's something I think we will turn to, but that time — the time for turning to it has not come ... It's not close." (insert sound of an explosion in background at Fed laboratory). When stockholders caught the drift that slowing the economy and causing higher unemployment was the Feds only plan for the future, the DOW dove below 30,000 to 29,590, and the shift from highs to lows, as the chart shows, from Wednesday to Friday was a whopping 1,785 pts. before recovering slightly.  Granted government spending unchained is a big part of problem that's out of Fed Reserve control, all while Congress blames the Fed for inflation.  It's tough not to see the sign post up ahead LAB CLOSED with these explosive results, unless something new and explosively good news happens in other financial laboratories not yet revealed, but awaits discovery in our immediate future and beyond (see 3rd column). 

09/01/2022

Sign Post Up Ahead:   WRONG WAY—DO NOT ENTER

FNMA wholesale 30yr. fixed-rate mortgage auction results: 5.33%, up .11% from yesterday, stair stepping UP NEARLY 1/2% from August averages, and back to levels not seen since the FED's very brief foray into quantum tightening, when they backed off from buying these mortgage-backed securities with plans to sell to the open market (see 06/03/2022 report :THIS JUST ON THE Q.T.).  Fed balance sheet shows they had to acquire $18b since that time totaling $2.726 trillion in MBS to ward off even higher mortgage rates (large purchases of these MBS helps push rates down. Selling with few buyers pushes rates higher).  Another important chart shows an exploding M2 money supply starting January 2020 skyrocketing by 40%. From $15.4 to $21.7 trillion in just 31 months.  Going back to July, 2014, the amount was $11.4 trillion, nearly doubling since then.  It's interesting to note that real estate prices here in San Diego also nearly doubled since july of 2014, from $658k to $1.257mil in July, 2022. San Diego housing rental rates also followed nearly the same doubling trajectory.   If one of the definitions of inflation is too many Dollars chasing too few of goods, and raising interest rates inhibits the growth in goods & services and the consumer's ability to pay for them, shouldn't fiscal policies be directed at stimulating production of more goods, creating tax-free manufacturing zones and other incentives to bring manufacturing back, free from potential foreign embargoes, freeing taxpayers of growing burdens. Cutting production and taxing and regulating businesses and consumers away from the main ingredient that all economies require to run, not only effectively, but necessary for human survival: energy, is insane, unless the goals are nefarious. Knowing the Earth moves in elliptical fashion around the Sun and other planets warn and cool as well in this pattern never enters the discussion on this fixation on CO2 emissions (and now toxic nitrogen), both essential ingredients to plant life.  To demonstrate how the West was not won in 2022, and the destructive and neurotic leadership thinking taking place, one need only read today's headline: G-7 nations agree to plan to impose price cap on Russian oil. Anyone living in the Nixon time period of capping gasoline prices knows the story doesn't end well, with long lines in search of any gasoline available. Right now, Polish people are already lining the street to get chunks of coal for a cold winter ahead "Go Green" is a good idea where practical (MPM office powered by 100% solar) but going without a replacement to fossil fuel is a lesson Europeans will be learning the very hard way this Winter. GDP growth measures goods and services produced. FRED at St Louis Fed chart says GDP up, up and away, while most other analysts say it contracted for 2 straight quarters.  It seems FED pump priming that began in earnest back in 2012 is nearing the end of the road, and it's rather incredible the Feds and Treasury Sec Yellen "didn't see inflation coming"--so incredible it's more likely a script they're forced to read.  Charles Schwab (via Bloomberg news) provided an inflation chart on things households normally consume and costs shot up in 2022, rising 30% from last year for utilities, electricity, food, and gasoline.  Other reports say "20 million people are behind on their electricity bill." while "15% of Americans are behind on rental payments." Campo, CEO REIT Camden Property Trust, says this on renter struggles and remedies that go in the wrong direction:  "If...employers are not hiring people now and laying people off, you start getting into the destruction of demand. It’s not so much that initial inflation but the medicine for fixing inflation that tanks the market.”   More tomfoolery once again shows up in the government employment report released today, claiming 315,000 new jobs, but other analysts drilling down on the numbers say the rise is in part-time workers, and loss of full-time (see charts) and conclude that "fewer people working, but more people working more than one job."  This deception is all part of the information warfare being waged.  If the master plan by the puppet masters is to destroy the U.S. economically (not to mention militarily), then it's working well (at website, see 3rd Column 11-06-2021 A WAR GAME OF A DIFFERENT SORT?).  What appears right down the road are shortages of most every commodity imaginable but no shortage of extreme weather that brings heat, drought, fires and floods in the U.S. and throughout the world (how many natural 500 year events are possible at same time in many parts of the world?).  But there is another signpost up ahead that could swerve us away from this head on collision (see Future Industry Advisories in 3rd column dated today

08-10-2022

TACKLING INFLATION BY FIAT WITH  FIAT/ "LET IT BE DONE"FNMA wholesale 30yr. fixed-rate mortgage auction results: 4.72%, up .22% from July's average but still nearly 3/4% below the level of rate increases that followed in June after Fed attempt at quantitative tightening to rein in inflation.  But where Feds fail, Congress succeeds by fiat, (fiat: [noun] a command or act of will that creates something without... further effort. Latin for "let it be done,").  This Congressional hat trick is performed with the creation of even more new fiat Dollars, which is the root cause of inflation to begin with, and testing the IQ of citizens, dare call the bill The Inflation Reduction Act of 2022.  So, in line with Pharoah Ramses famous quote of ancient times, "so it is written, so it is done."  Of course, names can be deceiving and have opposite effects,

Read more...

07-29-2022

ON THE QT FAILED BETA TEST

MONEYPOX STAGFLATION AHEAD?FNMA wholesale 30yr. fixed-rate mortgage auction results: 4.55%, DOWN another whopping .56% from July 11th, and lower by .06% from the 06-03-22 report below when Feds announced quantum tightening (QT) to begin the following week.  Read more...

07-01-2022

PEELIN' BACK THE ONION?FNMA wholesale 30yr. fixed-rate mortgage auction results: 4.91%, DOWN a whopping .50% from the year's high, reached on 6-14-22 at 5.43%, which was a milestone daily rate not seen since 11-24-2008-- a time period before the economic term  quantitative easing was born, and right before the Great Recession really hit home.  Read more...

06/03/2022

THIS JUST ON THE Q.T.: A TITANIC UNDERTAKING? FNMA wholesale 30yr. fixed-rate mortgage auction results: 4.61%, down .10% from May's average, as these yields don't tell the full story if the Feds carry out their quantitative tightening beginning Monday. This QE ship set sail back in 2009 with Fed Captain Bernanke at the helm coming up with what first appeared to be an ingenious plan to get a grounded economy running again by fueling it with low interest rates--without the burdens associated with borrowing on the open market or raising taxes to pay for it!  Read More..

05/02/2022

MAY DAY...MAY DAY...CACHE 22 

FNMA wholesale 30yr. fixed-rate mortgage auction results: 4.78%, UP 1/8% from Friday, a rate not seen in these auctions since 04/23/2009, as April daily results drifted up methodically by nearly 1% from March average of 3.75%, and now a full 1% increase with today's results.

Read more

04/01/2022

FOOL ME ONCE? RUBLE RUMBLINGS OF A SEA CHANGE?

FNMA wholesale 30yr. fixed-rate mortgage auction results: 4.13%, backing away from a high of 4.33% reached on Tuesday, which matched 12/17/18 high, but still a 3/4% increase from February average, and 1.5% above December's average. 

Read more

03/04/2022

MARCH MADNESS?

FNMA wholesale 30yr. fixed-rate mortgage auction results: 3.26%, .10% below February average, as Wallstreet focuses on the Fed punchbowl spigot, after Chairman Powell says only a minor increase coming of .25% this month.  The DOW rose 541pts to 33,834 on the announcement as the audience applauds this referee's call that continues the scoring drive.  While the games are televised, few have a clue that CGI techniques are being applied, as even short players can dunk the ball with ease. 

Read more

02/04/2022

THE INVISIBLE HAND vs THE HIDDEN HAND

FNMA wholesale 30yr. fixed-rate mortgage auction results: 3.13%, UP .14% from January's average.  While the market expected 150,000 new jobs, the government says there were over 3 times as many at a whopping 467,000.  Missing by that much is very strange, but stockholders went along with it.  Way stranger still...

Read more

 

01/07/2022

SLIP AND SLIDE INTO 2022 (?)FNMA wholesale 30yr. fixed-rate mortgage auction results: 2.90%, UP .31% from November and December average levels, as bond melt-down begins.

Read more  

   

11-05-2021

MAGICAL MYSTERY TOUR ?

FNMA wholesale 30yr. fixed-rate mortgage auction results: 2.50%, up a slight .03% from yesterday, even after the Feds announced today  they to begin tapering off purchases of treasuries and this mortgage-backed securities beginning later in the month and the hourly trend monitor above says yields are improving to boot.  Even stockholders seem to applaud this  with DOW up 203pts to 32,327. and S&P hits new highs. This magical mystery move in the credit markets  must have some basis for explanation because it begs the question: who will be stepping in to buy if the Treasury reduces the purchases of it's own  debt creation. Are all those Dollars sloshing around the globe to offset emergencies by unknown creations over last couple of years having to find something, anything to buy since it doesn't pay to save (actually costs to save in in Switzerland and Japan).  In Argentina, you can get a 38% note rate, although you get back less than what you paid since inflation there is running at 52% annually, or a loss of 14% on your investment.  So if real inflation in the U.S. is running 12% (see article below), and you wanted to buy a mortgage-backed security for 2.5%, your loss of 9.50% isn't as bad as Argentina (12%-2.5%= 09.50% loss), but why would you do that, unless you riding on the magical mystery tour bus wearing kaleidoscope glasses.  When phony yields meet funny money created out of thin air, it could be the bomb that didn't go off in October, and rumors are Evergrande really didn't meet their debt obligation in October (see Red October).  For those seeking phenomenal mortgage rates before any bond bomb hits, call us today. 

10/18/2021

RED OCTOBER: BOND BOMBS AWAY?  

FNMA wholesale 30yr. fixed-rate mortgage auction results: 2.63%, up only 1/4% from Summer's averages,  despite inflation numbers that compare with the late 1970s. Back in 1978, home borrowers didn't know how good they had it if they ended up with a 9.75% 30yr fixed rate mortgage.  That's because rates zoomed up from there by 1% and then 12% and higher.  Today, we have a slight of hand when dealing a deck of inflation data by eliminating food and energy, which put inflation rates up to some 12% and higher back then (see  our 1984 report on these auctions dropping to 13.25% and rat rate schedule back then then).  In those days, the "market rates" were determined by global institutional purchases of these mortgage-backed securities by  money fund managers, and other global governments.  Naturally, if inflation is running 12%, not a soul would be buying 2.625% yielding notes, unless that soul is the Federal Reserve to prop up this seemingly unbelievable bond and securities record low yields.  As the chart shows, real cost of living vs the government's calcs are worlds apart, roughly 5% compared with 12%.  Oh, but Feds say this 5%  is  transitory--yeah, as transitory as government printing money it doesn't have.  So it's clear the public is being bamboozled and something has to give.  The more devaluing the Dollar via printing out of thin air,  the more Dollars it takes to buy the same basket of goods (it's elementary, dear Watson).  Bottlenecks of goods around the globe appear to have little to do with old-fashion supply and demand, and will force the consumer to rethink contingency plans ahead this Winter as prices will be forced even higher on most every product.  Another way to look at it,  when the Federal Reserve  was created in 1913, a $100 back then is now worth less than $3.50, hardly a reason for the Fed Reserve to take a bow, and gives more reason for John Q public to search in vain for things the government is good at --this as protests mount against government incursion into their lives, physical bodies, and wallets.  With Evergrande capsizing in a sea of  Red Chinese debt and bondholders' reassurance relying only on a government  bail out of some $300b in debt, coupled with the drowning of D.C. in red ink this month, will this be the final push over the precipice? Will that fall be cushioned by a whole new global financial system--free of debt and outside the grasp of the old guard?  Will barroom chatter consist of talk of the difference between a sovereign citizen's rights under a new system vs chattel property be on the rise?  Is their symbolism attached to the firs time ever the White House is lit up in red this October?

09/10/2021

REALVILLE HOUSE OF CARDS (?)

FNMA wholesale 30yr. fixed-rate mortgage auction results: 2.37% up just a razor's edge from the average of the last 3 months, and stocks take a knee, down 761pts to end the day, as the markets show little sign of the coming of Realville.  A stock analyst said "no need to panic" not once, but twice, when talking about stock moving averages lately, so maybe there's a double meaning to it. Sometimes it's better to say nothing when you want to avoid the world of Realville.  For instance, when a reporter was starting to ask White House spokesperson Psaki for her comments on 900 pages of documents proving Dr. Fauchi lied about his involvement in Wuhan Labs for "gain of function" for a particular V, she "bolted" away from the podium.  The implications, of course, is the entire foundation      on the whys and wherefores of the pandemic and subsequent global medical tyranny of forced injections, is about to crumble.  Oddly, the market doesn't quite get the implications just yet since incredible is defined by Webster's Dictionary as too extraordinary and improbable to be believed . Case in point is 9-11-2001, where video clearly shows the official narrative to be totally false, yet it is still too incredible for many to believe it was an inside job.  Psychologists say that when confronted with Realville, the mind of many  will go into a protective mode to defend a pre-wired perception of one's reality, and this defensive reaction when confronted with Realville is called cognitive dissonance.  Is Realville about to unravel many minds?  When markets get a dose of it, they tend to fall back and ask questions later, and there will be many doses ahead coming from many angles. 

08/11/2021

EVOLUTION-REVOLUTION-DEVOLUTION I

THE PRECIPICE: SITE UNSEEN ?

FNMA wholesale 30yr. fixed-rate mortgage auction results: 2.40%, up .14% from the start of the month, rising slowly above the 2.33% average for July.   As the markets stairstep their way to new highs  due to intoxicating fumes emitted from Senate  passage of a $1 trillion spending bill with another $3.5 trillion on the table for September (DOW at record of 35,264, up 167pts today), is this real or just a fantasy?  After all,  the markets hone in on key questions asked by analysts  like: will it keep rising amid COVID variant rise? While that might be a legitimate question if a variant could actually be identified, or even COVID-19 itself, but the CDC admitted recently their PCR tests can't even differentiate between a cold or flu, or COVID-19, nor has the actual virus  ever been isolated in the lab.  Ask any lab technician if they can test for a specific antigen/virus when they don't have the sample, called the standard. But an even greater risk is that the cure is worse than the symptoms, and the cure rate without a vaxx  from the symptoms is 99.5- to 99.98% depending on age and immunity system.  Bottom line is death from COVID-19 is no greater than a bad season of the flu  and simple solutions like HCQ cure it, yet government vaccine mandates are being announced today for teachers and public workers. This despite international laws that require consent. Biologists say this isn't a vaccine but actually, as Moderna calls their injection, an experimental "operating system" and mRNA inventor, Dr Malone calls it "gene therapy,"  and is opposed to using it as a vaccination.    While stocks love to sop up all this liquidity flowing out of D.C.  with inflated Dollars (that buys fewer goods) raining down  from the sky, rational investors should ask is this real or just a fantasy?  Now John Q Public is starting to say this is more like a nightmare where government is taking away freedom of choice.  When some kid yells "the King has no clothes on" or some such dream awakening moment, what happens when the markets come to and find themselves standing at a precipice with the green screen of gentle rolling pastures is removed, and staring down a 5,000 foot drop?  It might just be a Black Monday moment of jumping back in fear. That green curtain disguised the fact that there's been a war against the U.S. people and other nation states for decades, a covert war that first stripped away manufacturing base, that created dependencies on places like China.  This asymmetrical warfare now being wage involves cyber warfare on energy and supply chains of food and equipment, control of the flow of information, and even weather modification systems that destroy food crops with floods and droughts, and fires, high energy and inflation, massive election fraud to destabilize and control governmental bodies, and  now a bio-weapon to disable the population.  This is a global war launched with infiltration from within each country.  Word is this green screen will get pulled in the very near future  to start the big reveal. But the good news is the markets will fall right into that Gate # 3 ride option described below, and a master switch is shut down, only to get switched on to a whole new financial system that freezes out all bad actor infiltrators.  As Ramses would say in his day:  So it is written, so it is done. 

07/02/2021

TWILIGHT OF THE TWILIGHT ZONE ?

FNMA wholesale 30yr. fixed-rate mortgage auction results: 2.41%, ditto of last month, as the FED fix is still in, keeping these rates down by being the buyer of last resort of these mortgage-backed securities.  These yields were once called "market rates,"  but normally it takes two or more participants to call anything a market.  When the President of the U.S. whispers to the public he "got $1.9 trillion" for us, you know we are at the edge of The Twilight Zone of economics.  Fans of Rod Serling's writings know the story always ends with some irony and big surprises.  But it won't be a surprise on why inflation will be the shadowy demon lurking in the background and gnawing on the wallets of Americans.  

06/03/2021

FNMA wholesale 30yr. fixed-rate mortgage auction results: 2.41%,  near eye-lash even with May's average, as Feds keep this ship on auto-pilot.  For those following events closely, we know what happened to a large vessel on auto-pilot traveling through  the Suez Canal on Easter Sunday.  The series of mortgage reports listed below could be dated today, and Gate #3 could be opening soon.

 
04/23/2021
SHIP OF FOOLS ?
FNMA wholesale 30yr. fixed-rate mortgage auction results: 2.37%,  moving slowly down through the week, and .10% below March average,  as the credit markets set their ship on auto-pilot as Treasury keeps the bilges of debt from piling higher by printing up new money to keep things afloat.  What does new money look like?  Some of it shows up in the chart here on the expansion of M-2 money supply, going from 16,103 billion (ie, 16.1 trillion) in March 2020, to 19.7 trillion in February, a 22% increase in 11 months.  Fed balance sheet chart shows a take off at the start of COVID in March from $4.10  trillion to 7.793 trillion by April,14, 2021, a 90% increase, all used to finance budget deficits and keep these mortgage rates low by buying them when the international markets won't. 
The age old definition of inflation is "too much money chasing too few of goods," and the real estate market may be an early illustration of that.  While home-owners call it appreciation, would be-buyers see it as an inflationary cost of living.  It's a good time to expect the unexpected so lock in your rate today, and if you already own a home, buy  silver and gold tomorrow, as fixed assets are a way to weather an inflationary storm brewing.  
02/26/2021
CAN'T FOOL WITH MOTHER NATURE ?
FNMA wholesale 30yr. fixed-rate mortgage auction results: 2.49%, up .21% since the start of the week, and a whooping 1/2% from January's averages,  as Fed cloud-seeding of the bond market to create artificially lower rates gets blown away by market forces.  In a weird way, this action was duplicated on a much smaller scale where Game Stop  professional short selling manipulators were trying to force this stock down, but  millions of millennial traders ganged up on them, buying the stock , and blew the pros away  with huge losses. investors worldwide are challenging the pros at the Fed by selling mortgage-backed securities (or any dollar-denominated debt), betting rates to rise naturally no matter what  the Feds do,  as the Dollar droops in value, some 4% from last year (roughly meaning  bond investors at sale  get back Dollars that are worth 4% less than what they had invested, or a  supermarket example, it takes $4 more dollars to buy $100 worth of goods than it did 12 months ago) .  Wild-eyed spending bills continue to pile on as Congress just passed new spending bill of $1.9 trillion without, as usual, showing how to pay for it.   

02/06/2021

QE3 SQUARED: TO INFINITY AND BEYOND? / ON A MAGIC CARPET RIDE (?)

FNMA wholesale 30yr. fixed-rate mortgage auction results: 1.99%, ever so slight increase on January's average of 1.98%, as Feds continue to keep a lid on mortgage prices with their Midas touch.  While everyone in the financial world offers predictions of the new year, much is based on scenarios so here are the  potential flight patterns described like a new Disney ride:  
Passengers.  Please decide which trip you have selected and pickup your boarding pass at the gate:  
Gate #1 requires a crash helmet for riders and offers a return to times of the pass, though the accumulated debt since 2010 is quadruple that,  and accelerating like rocket man flying off to a new magical adventure, but this adventure ride  has a finite journey  when money is created, not by the production of goods and services, but by the movement of a decimal point to increase cash holdings, much like  having $1,000 in savings and overnight goes to $10,000--a magical moment.  However that magic ends due to the realities of the economic forces involved in just creating money on a wish:  that $10,000 now buys you a 3 day solo trip to Disney World.  Interest rates rise from inflation (mortgage rates were as high as 14% in 1984) and puts that home purchase out of reach.
Gate #2 also requires a crash helmet where governments all over the world attempt to stop this erosion of the purchase power of the Greenback (and other currencies) by creating a one world digital crypto currency.  They claim it cannot be controlled or manipulated--like moving the digital currency  supply another decimal point over--or so they promise. Carpet ride ends in a second heap next to Gate #1 exit, closing down the park. 
Gate #3 requires seat belts for initial bumps in weeks to come followed by a complete overhaul and cleansing of global archaic systems that have corrupted and bankrupt nations over time--and the replacement stabilizes systems and creates a future of prosperity for all. 
All aboard!...

01/12/2021

IDES OF MARCH COMES EARLY/

ET TU ALL OF YOU?

FNMA wholesale 30yr. fixed-rate mortgage auction results: 2.00%,

slowly rising from January's start at 1.88%, as the most  tumultuous election in our lifetime comes to an end, but the end becomes the beginning. Stocks are hitting new highs (DOW up 31,068),  and the credit markets continue pumping out record low rates, seemingly oblivious to what is happening behind the scenes.  In ancient times,  Senators in Rome were plotting treasonous actions behind closed doors.  "It would soon be over for Caesar," Brute whispered amongst his peers all huddled in their chamber.  And yes, as in ancient times, all roads lead to Rome, and this one document attached below tells that tale for the Ides in 2021. But unlike history repeating itself, the Centurions are at the Gates under the command of Caesar who knows of their plotting, and it is the Senators who are destined to fall on their own knives.  When the die is cast, and history records the events unfolding now, what will market scribes scramble to notate?  "Darkest before The Light?" he hastily writes. 

12/06/2020

TRANQUIL WATERS IN A DIGITAL WORLD (?)

FNMA wholesale 30yr. fixed-rate mortgage auction results: 1.90%,  as these auctions flatline and held at bay by Fed purchases with money created digitally.  There's something else in the air outside of viruses that is slated at a Davos meeting right as someone is being sworn in as President of the U.S.  Perhaps that's the reason for the timing of this meeting discussing a  global financial reset.  The markets aren't discussing this just yet since much is in the air on who and what, and why, but "digital" is a clue word that likely won't  go away.     

10/13/2020

TRANQUIL WATERS (?)

FNMA wholesale 30yr. fixed-rate mortgage auction results: 1.95%, almost exactly the average for September returns, and up about 1/8% from August average, as there's hardly a ripple here all Summer long.  As comforting as that may be on the surface, below it is a continued expansion of Fed printing habits necessary to keep these mortgage rates in check and Federal government operating by  financing huge budget deficits. This is because roughly one-half of the Federal Reserve balance sheet is composed of Treasury debt with the other half represented as purchases of these vary mortgage-backed securities.  The chart shows how these purchases sky-rocketed starting Mid-March, coincidently on the heels of CV outbreak, from $4 trillion to $7 trillion.  But the good news here is at least the funds are helping homeowners reduce their debt load with lower refi rates, and incentivizes  buyers into the housing market, freeing them from rising rental rates.  The other half of the balance sheet is   covering Congress's emergency spending and long-term inability to cope with ever rising budget deficits.  How this ends will likely involve more than just ripples but some analysts say it will spell a new beginning, just around the corner in 2021.  

09/10/2020

NO GAIN WITHOUT THE PAIN (?)

FNMA wholesale 30yr. fixed-rate mortgage auction results: 1.95% rising slowly each day in September and increasing by .10% from August averages, even while stocks tank (DOW down 405pts to 27,534).   Analysts say investors are get a sinking feeling that a trillion plus government stimulus package isn't going to happen anytime soon.  If that's the motivation, then the stock  market is living off  temporary government assistance programs just like the credit markets obviously are doing with these artificially record low rates (see previous reports below on this).  The operative word is "temporary" and direction looms large on election outcome.  On the optimistic side, the line that might best describe from here to there is:  no gain without some pain.  Will the pain of 9-11 anniversary tomorrow reveal big changes to come or wait for the October surprise?    

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 8/14/2020

STOP THE PRESSES (NOT)

FNMA wholesale 30yr. fixed-rate mortgage auction results: 1.84%, up only .05% from 8-11 report, but the shot heard around the national mortgage market added about 1/4% to mortgage prices on 8-12. .  So we know lenders have been pricing their loans much higher than these wholesale prices to offset losses from delayed mortgage collections, but now Fannie Mae and Freddie Mac, who are being led toward independence from government ownership control,, say they too need that margin increase to offset mortgage payment delays and potential defaults down the road.  Of course, that's ok with the Feds since they have unlimited Dollar printing abilities.  But maybe this a foreshadowing of things to come in the world at large when countries say they want more bang for the Buck when  they covert their currencies to the Dollar to protect from future declines in the Dollar's value.

RATE LOCK IN ADVICE: This has the looks of the end of the road for mortgage rate declines so best lock in soon. 

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08/11/2020
ROCKET, MAN  PROPELLANT/ or STOP THE PRESSES (NOT)
FNMA wholesale 30yr. fixed-rate mortgage auction results: 1.79%,  up a slight .01% from the opening,  but losing ground during the session as the rate indicator above demonstrates.  A trillion here, a trillion there, and next thing you know your talking  some serious money.  Easy way to write it down is  to remember there are 4 sets of 3 zeroes after 1.  The chart here on M-2 (savings) after all this printing shows supply running in Space X missile trajectory at the start of 2020, no longer following the gently rising hillside landscape scene over the last 25 years.  That 18,400 posted as the latest entry is in billions, which has 3 sets of zeroes, which registers an explosive economic propellant of 18.4 trillion dollars, an increase of 3 trillion in just 6 months.  With all this cash thrown at the markets (including Fed purchases of these mortgage-backed securities), any wonder why real estate prices here in San Diego shot up in July?  
07/10/2020
SHOT IN THE ARM (?)
FNMA wholesale 30yr. fixed-rate mortgage auction results: 2.02%, down a notch from yesterday and about 1/8% from 7-1, as these rates continue trickling down to lows that briefly touched down for a week or so  in  9/2012 before turning up quickly, all the while the Feds were in full buying mode of these mortgage-backed securities. As the lender of last resort, the Feds are now the buyers of  last resort of these securities to hold the rate down.  Granted this massive shot in the arm gives a temporary fix, but putting its balance sheets way up, holding these securities and treasury debt to a staggering $7 trillion dollars.  Since money doesn't grow on trees, the next best thing is to print it (actually just move some decimal points to the right and save on paper).  Will the old definition of inflation get used again: "too much money chasing too few goods?" And with inflation comes rising interest rates.  Best to lock in while the gettin's good.
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06/04/2020 2:00 PM
WORM TURNED (?)
FNMA wholesale 30yr. fixed-rate mortgage auction results: 2.38%, up .10% from Wednesday and that much higher against April and May's average.  If there was a target for these auctions, induced by Fed purchases, it's 2.28% or there about.  That's the price  investors get when buying these fixed-rate mortgage securities,  which seems like a good buy vs 10yr. treasuries at .8%. But that was before the latest unemployment report today showing it had dropped from 20% to 13% just in 30 days.  Stocks took off (DOW up 829 pts to 27,110), attracting investors away from these smaller yields.  With overblown fears of a deadly pandemic abated,  many analysts outside of mainstream media figure a new act has just been tossed onto the stage in hopes of continuing fear and anxiety--perhaps all the way to the elections.  Others see these bad actors getting rounded up. This 3rd party spreadsheet tracking all district court recordings count an incredible amount of sealed indictments totaling over 148,000, and one indictment can have multiple individuals named.
05/24/2020
BRAVE NEW WORLD (?)
FNMA wholesale 30yr. fixed-rate mortgage auction results: 2.26%, back to May 1st level, after reaching a new low of 2.20% on 15/15/2020.  If Rip Van Investor had been asleep for one year and woke up to a yield on a 10yr. Treasury note at .63% from 2.30% back then, and went to his local bank and was stopped because he wasn't wearing a mask (when it normally  would have likely triggered a silent alarm and a police escort out of the bank), he'd think he walked into the Twilight Zone.  From a booming economy and record low unemployment, to Depression levels of 20% and businesses banned, he learns it's all from a flu virus.  In San Diego, he reads a chart  today displaying 220 deaths and California has 3630.  He whips out his calculator and divides 220 by 3,325,000, the population of San Diego County, and gets .0066% death rate.  In California, with a population of 40,000,000, the figure is .009%.  Wondering what's a good baseline, he figures about 40,000 annual deaths on the highway and divides that number by 330,000,000 people = .012%.  So the chances of  San Diegans dying from Covid-19 is almost half that of driving on the highway.  He fumbles his calculator and reaches for his pace-maker that's missing a beat, and reminded that 500,000 Americans die each year from heart attacks. His calculator says that's a .15% death rate, and keels over and back to slumber.  
BRAVE NEW WORLD 2020 SCI-FI(?)
What once was required reading in high school, these two books are gathering several decades of dust on them.  Summary from Sparknotes:  "Like George Orwell’s 1984, this novel (Brave New World) depicts a dystopia in which an all-powerful state controls the behaviors and actions of its people in order to preserve its own stability and power. But a major difference between the two is that, whereas in 1984 control is maintained by constant government surveillance, secret police, and torture, power in Brave New World is maintained through technological interventions that start before birth and last until death, and that actually change what people want. The government of 1984 maintains power through force and intimidation. The government of Brave New World retains control by making its citizens so happy and superficially fulfilled that they don’t care about their personal freedom. In Brave New World the consequences of state control are a loss of dignity, morals, values, and emotions—in short, a loss of humanity."
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May 1st, 2020
MAY DAY A RECORD DAY
FNMA wholesale 30yr. fixed-rate mortgage auction results: 2.26%, slowly creeping down over the last 2 weeks, 1/8% lower than April's average to an all-time record low.
While these wholesale prices look amazing to see, retail lenders see risk in closing the loans, only to have some go delinquent before even selling to Fannie Mae or Freddie Mac, as borrowers line up asking for forbearance.  This higher risk translate to lenders padding their prices and instituting tighter guidelines.  Major corporations are forming a different line, putting up corporate bonds sales estimated at $240b  to pad their reserves in case business doesn't bounce back soon.   Billionaire Elon Musk isn't following the narrative for continuation of shutdown: 

Musk did not doubt that there was a public health issue at large, but he felt allowing governments to end all economic activity as a means to safeguard health was Orwellian, to say the least.

“The expansion of shelter-in-place, or as we call it, forcibly imprisoning people in their homes, against all their constitutional rights, is, in my opinion, breaking people’s freedoms in ways that are horrible and wrong."

04/13/2020
SQUEEZIN' BLOOD OUT OF A TURNIP (?)
FNMA wholesale 30yr. fixed-rate mortgage auction results: 2.34%, down .03% from last trade day on Thursday, lowest this year, and since the average of 09/2012.  Back then on 9/12/12, the Fed announced the purchase of $40b in these mortgage-backed securities on a monthly basis, which produced 2.33% average for that month.  Today, for the upcoming week, the schedule calls for roughly $19.5b.  Assume that is the pace over the next 30 days, the figure adds up to $78 billion, nearly double the amount the Feds threw at the market in 2012.  Will rates fall further?  With the companion 10yr Treasury  yielding a miniscule .732%, a historical low, it would seem there really isn't much lower the market could go.   
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04/07/2020
DEATH OF THE FEDERAL RESERVE IS GREATLY EXAGGERATED (?)
FNMA wholesale 30yr. fixed-rate mortgage auction results: 2.46%, up a slight .01% from yesterday, staying in a narrow trading range, aided by FED purchases of these mortgage-backed securities.  For several years now, the Trump Administration has wondered what life would be like without the Federal Reserve.  Considering it is a privately owned (not publicly as we all once assumed) institution, and the owners own the 12 very large member  banks, they get to instruct the Treasury to print money and give (loan at very low discount rate) to their own member banks, who loan it out at higher rates and also invest in stocks, bonds, and other securities.  Nice work if you can get it.  This group was established in 1914 to provide stability in the markets, but the track record, as famed economist Milton Friedman once said, is not a good one. 
Economist Thomas Sowell explains why he agrees.
Other nations prefer to steer clear of this kind of private control by a handful of elites and some are choosing to trade in other currencies outside of the "Petro-Dollar." fearing the potential of a weakened  Dollar from unlimited printing.  Recall there  once was a closely watched index call M-2, money supply measurement to monitor inflation potential,  but few mention this anymore. The charts say maybe we should.  M-2 over the last year grew by 6.8%  but GDP grew by less than half of that so that other half doesn't represents the result from goods and services produced and sold. This chart shows growth from 1959 to present and note it took 40 years for money supply to grow to $5 trillion, but this doubled from there in half the time to over $15 trillion.  Purchasing hard assets like real estate (while rates at historical lows), gold, silver and other precious metals would be good ways to defend against what is bound to come sooner or later. 
04/01/20
APRIL FOOLS RUMORMONGERING (?)
FNMA wholesale 30yr. fixed-rate mortgage auction results: 2.48%, up .10% from yesterday, exactly even with March average, as stocks drop (DOW at 21,168 by 750pts) due to more fears of virus projections, while a real war lies below the surface.  What if the virus ends up killing less people than the 80,000 who died here in U.S. from a common flu in 2018, and is a smoke screen to eradicate an enemy described long ago by John F. Kennedy in his speech warning about the dangers of secret societies?  What if these secret societies with nefarious goals own and control central banks around the globe, and Trump Administration just closed one of their head quarters here in the U.S. known as The Federal Reserve (a privately owned corporation who are also owners of its member banks)?  What if all communications are shutdown for 3 days as part of a global roundup of what's known as New World Order Cabal?  What if all of this is one big April Fool's joke?
________________________________
03/27/2020
COMPUTER VIRUS OF A DIFFERENT SORT (?)

FNMA wholesale 30yr. fixed-rate mortgage auction results: 2.41%, down .03% from yesterday,  with the hour glass trend indictor above saying it's getting better all the time and likely beating the lowest return in 2020 and back in September 2012. Stockholders thought the same, and got off the mat,  rising after last week's knock-out punch  (DOW up 20% in last 3-day run),  running around the ring like Rocky Balboa unchained, but got decked this morning (down 719pts at 21,815) with news headlines saying more in U.S. inflected than China's total.  CDC says there were 80,000 deaths in the U.S. in 2018 from the flu, or 219/da on average, but did anyone notice except next-of-kin?  While hospitals and clinics have lines of panicked people awaiting testing to see which kind of flu they might have, this new one, though more contagious,  has killed only 1300 so far.  Some analysts call the real threat a "computer virus," like digital communications spreading panic and fear electronically via TV sets 24/7 throughout the world-- one that could endanger the global economic system by continuing the status quo.  Far more deaths and misery, they say, would occur similar to the '30s depression.  President Trump is calling for a return to work following Easter Sunday, and have the 20% most likely threatened--the elderly and those with impaired immune systems-- continue self-quarantined at home. 

While lenders are slow to jump on this latest movement until a series of new lows register, best to get loans in process, awaiting solid movement lower.  When businesses re-open, it's likely these record lows will be over.

   Some are indicating this virus strain is showing signs of weakening, so the best bet is  to 
get your loan in process, as it is one of the few things a homeowner can do while self-quarantined at home.  The optimal results could be a potential waiver of appraisal to avoid appraiser house calls, a lower monthly payment, and cash out to stockpile 6 months of  living expenses, as it could be a rocky road from here.  Call or write today to see if you qualify for appraisal waiver via Fannie Mae or Freddie Mac automated approval--for free.  The worst case scenario on mortgage pricing was a real one for one day, and summarized below (see No Free Lunch).0_
 
__________________________
1
RESIDENTIAL SALE TRENDS~ 
San Diego Market- Sneak Preview of
October Trends
11/02/2022
SIGNAL CALLIN' ?
"41,44,44,44 hike!" might have been called out by the quarterback in a recent game, but these numbers represent a different set of signals being called out from the latest sales report:  41% more active listings, 44% fewer sold, 44%, fewer pending, and 44% less volume sold (total value of sold properties), all comparing last year's October sales.  While signaling a sharp downturn, the charts show average sales price of $1,189,078 managed to gain a yard or so and stay ahead at .8% from a year ago, and median price at $887,000 was 3% higher; but clearly the double-digit gains of many months have come to an end and the game begins in holding the line on last year's yards gained.  Nationwide, one chart tells it all in the activity index for purchase loans.   
September Trends
10-08-2022
The graph of active listings with the last entry of 55 days as of 9/26/2022 was in error.  While it is true when pulling data directly from MLS listings, apparently statisticians on monthly reports remove the lengthy listings which represent less marketable properties from their data findings.  The average on their findings is 31 days, still 41% higher than last year, but not considered a significant slowdown.  This month's data is nearly ditto for last month with median sales price at $915k, up 7.2% from last year, $1,173,188 on average sales price, but only a 2.7% year-over-year gain.  Of significance is active listings are up 28.4% from last September at 2,956. 
09/26/2022
MARKET HITTING THE BRAKES?
A simple graph of current active listings tells the tale, as average days on market zoom past those traditionally slow months of January, shooting up from 28 days last month to 55 today.  Sellers that need to sell will likely need to lower the asking price to get moving.  With mortgage rates continually on the rise, trends won't be reversing anytime soon.  09-03-2022
August Sales
NO RECESSION IN S.D. SALES DATA
San Diego skipped a recession back in the early1990's due to a variety of industries based here, (government defense and subcontractors, bio-med, technology companies, etc, and the latest sales data seems to reflect a buoyant market of buyers, not impacted by layoffs and rising mortage rates--just yet.  Both median and average sales prices continue to stay ahead of last year at this time, both 7% higher at $910k and $1.20mil respectively. However, the charts show both took an early turn south this Summer, and that $1,000,000 median price marker in April will no doubt remain tops for 2022 as will the average s/p of $1,342,000 in May.  This doesn't necessarily mean a home purchased in May is worth less today, but the bidding frenzy reflected in this chart on contract price to listed price that reached an all-time high in April could have something to do with all-time highs in sales prices, putting a special premium on some bought back then.  The market has now settled back closer to normal s/p to list of around 96%, but still doing so fairly swiftly with average days on market of 28.  Pending sales might be down 31% from last year, but at 1,612, if they survive the recent rate hikes, will help push closed sales numbers in September.  While the number of sold prices are still tracking in those slow Winter months of the past, volume of sales at $2.463 billion from these high-flying prices   keeps the tax assessor's office smiling. 

For a list of properties that fit your criteria, and info on cash rebates to buyers that average $5,000, contact Mesa Pacific today. For an example of how our "no cost listing" works, click here​. 

(All data is unofficial and subject to change)

July Sales
CHRISTMAS IN JULY?
While average and median sales prices ($1.262 mil +9% over last July, and $969k a 10.7% increase respectively) are those gifts that keep on giving to sellers and homeowners in general, agents feel the chill of Winter months closing in on them.  For instance, if sales were down by 43% from last year at the height of the sales season, managers would frown, as no company or industry could cheer.  Even at these high sales prices, the volume of sales is down 37.7% from year's last, and pending sales look a lot like past winters.  Granted this is not a stumbling market, even with mortgage rate increases (albeit a sudden mortgage gift by the Fed to augment sales-see left column) as buyers still swoop in with speed, as average days on the market registered a speedy 23, but not without bartering on the price.   Suddenly, instead of bidding an average of 6% over list in April, the figure has dropped closer to normal at slightly less than list price.  More sellers have decided to grab this gift while the gettin's good, as there are now 3,428 active listings, up 24.5% from last July.  This naturally would help reverse sales trends for September-October.   Chart A, # of sold is down 43.3% from last July and resembles all along past January levels (save 4-20 when market traumatized), Chart B Pending sales at 1,449 down 34.3%, much like past winter levels, and completely unlike the typical highs of Summer sales. Home-builders across the nation could hardly find any comfort in the latest trends as their inventory is rising along with the inflationary cost to build, which puts a big squeeze on future profitable projects.  For San Diegans, it appears that record for the median sales price value in April at $1,000,000 will stay intact for some time to come.

 
June Sales
07-03-2022
HOTTER THAN THE 4TH OF JULY?
All things considered, sales in June showed remarkable resiliency to mortgage rate increases, albeit 19% of the 1591 sold were cash sales totaling nearly one-half billion in sales volume, with average sales price of $1,628.423 (that's a heap of dough!).  Sadly, total sales were 38% less than last June and chart seems to indicate it's downhill from here. Though more sellers are sensing it's a good time to sell with 23% more active listings standing at 2,998, pending sales at 1,418 won't be uplifting to sold data in July with 41.6% fewer than last June preparing to close in July.  Days on the market stood on average at 20, still hotter than most years where 30 back a decade or so ago was considered fast.  Average sales price took a slight downward turn at $1,297,000 from May's all-time record of $1,342,000 and that million-dollar marker set in April (see 5-01-22 Report below) remains the tops in the median sales data, but only slightly from June's $995,000 mark, but still 13.7% higher than June of 2021. This hot data seems poised to cool after the 4th of July celebration, considering active list prices have been lowered in many areas, frustrating supply bottlenecks, and some whiffs stagflation beginning to enter the economic arena. 
06/04/2022
May Sales
OVERCOMING THE ODDS
While the median sales price didn't make it over that high hurdle mark of $1,000,000 set last month, it came a close 2nd at $990,000.  That other featured stat last month of a 13% drop in pending sales in just one month, got a reprieve by reversing the fall from 1829 to 1865, yet still down 22% from May of 2021, due of course to that sharp rise in mortgage rates by 1% in April.  Like hitting snake eyes twice, the average price this month at $1,351,650 and last 2 months were less that $1,000 apart ($342 off April's), giving the chart that straight line look. This a numerical feat only matched by last month's median s/p with exactly 6 zeros behind a one.  Sellers have finally awakened to the call, possibly having visions of the future (see Market Sixth Sense below), as active listing finally turned north, taking us from a rock bottom record of a two week supply in 12/2021  to slightly over one month now.
Odds were against a buyer line-up after these rate hikes but the stats say buyers bid up list price by 4.7% and didn't wait around as average days on the market at 18 is still near all-time highs.  How well this market navigates over the decisions and dilemma facing the Feds as outlined in the Mortgage Report  will be what odds-makers live for.
April Sales
05/01/2022
MILLION DOLLAR MARKER: A TOUGH ACT TO FOLLOW?
Median sales price represents the mid-point of sales at any given time.  So imagine if the mid-point is $1,000,000.  Imagine no more as that is the latest sales data number for detached homes in San Diego County, up 19.1% from last year and a new record high.  Buyers were still breaking the all-time record for making offers 7% on average above list price, helping lift market prices once again  to an oddly even figure of $1,000,000.  While that eye-popping number doesn't suggest higher interest rates put a dent in sales, several areas do reflect a negative effect: pending sales chart shows a drop of 19% from April last year, and down to 1,858 from March's 2,143. a whopping 13% decline in one month,  uncharacteristic  in Spring annual cycles outside of April, 2020 during pandemic fright, which plunged to 1,307.  Then we have sold detached chart, which never turn south in April (2020 being the exception), took a turn for the worse at 1,844, down 21% from last year,  and down 5.8% below March numbers.  Now this one month big-time drop in pending sales  was occurring during the latest 1%  run-up in mortgage rates over the last 30 days (see 05/01/2022 report in left column), while closed sales involved  mortgage rates already locked into March levels- thus a lesser impact than what we likely will see in future sales.  This new record marker is going to be a tough act to follow, it would seem.  
04/03/2022
March Sales
PANIC BUYING ROCKETS PRICES
The overused March madness theme still has a place here in last month's sales action in San Diego County by just reviewing the almost surreal scoring stats.  The charts on the median and average sales prices since December have that look of a rocket launch, with average prices of detached home skyrocketing 22% just from December and up 29.1% from last year at this time, hitting a new record high of $1,359,350 and median price of $980,000.  Buyers snapped up properties in near record time (19 days on the market) and bid over the asking price on average by 6.6%, another record.  Active listings are still in the tank at 1123, 42.6% below last year, leaving the cupboards looking nearly bare at 2 weeks supply.  Pendings of 2129 and 1814 sold in the month help make that number shrink all the more.  Of course, the fuel of record low mortgage rates providing the propellant for this rocket launch trajectory has gotten weaker when one considers interest rates have increased by 1.50% since the start of the year and half of that happened in last 30 days. That's a payment INCREASE of $2000/mo. on a $600,000 loan or an increase of $1860/mo. from 30 days ago.  How many current pendings will get negatively affected by that and for sales going forward in April?
February Sales
March 5th, 2022
MARKET SIXTH SENSE ?
While everything is turning up rosy for homeowners who had that common sense to buy a home years ago, including that rose of yet another record high in both median and average sales prices, a whopping $915,000  (18.1% year-over-year increase) and $1,262,360 (21.4% increase) respectively,  the lingering question is why have so many of the potential sellers, that are typically present in these annual cycles, disappeared from the market, and decided to stay put.   While record low inventory here at just two week's supply as depicted on this historical chart for detached homes, can't really get much lower than this, the trend is not unique as much of the nation also is heading in the same low inventory affliction.   Looking at the historical active listing charts on all property types we see it wasn't the fear of the pandemic that began in March 2020 that started this trend, which most analysts suggest, as it began in earnest back in September of 2018, not just with detached homes, but all home types.  The economy had the highest GDP per capita in 2018-2019, so economic fundamentals were good. Comparing February active listings beginning in 2019, there were 13,389, which magically dropped to 5,625 in February, 2020 before the pandemic. That's a 58% annual decline.  A year later during the height of the fear, the count was down to  3,456, a 38.6% annual decline, and now whittled down to 1,867 units of all types, a 46% annual decline.  There are those who believe in psychic abilities in mass and one individual built a software that sorts internet wording and activities of millions of people that allow him to predict future behavior, at least as far as public moods go, so is this sixth sense at play here? 
 
 Use all of your senses and pick a company with steep discounts to sellers, rebates to buyers, and mortgage prices below all others by calling Mesa Pacific today and compare. 
January Sales.
February 5th 2022
HIDDEN MYSTERIES OF THE MARKET?
It's another celebration for homeowners as the median sales price of detached homes broke new higher ground at $855,000, a 19.4% increase from last year, and edging out June-July all-time highs by $10,000.  Same deal with the chart on average price gains of 18.9% from last year and new record of $1,190,250.  Sadly, for buyers in the hunt and the thinning ranks of some 20,000+  R.E. agents, active detached listing shows shrinkage once again to a new record low.  This phenomenon is not isolated to San Diego County as the chart for L.A. County, 3 times the population size of S.D., shows similar declines of 66% since January of 2018.  Riverside chart shows the exact same rate of decline, going from 5,746 to 1929 in same time period. How weird is that?  Orange County hit rock bottom at just 870 in December, with January decline from January of 2018 at 73%.  San Diego tops the decline from same period by 87%.  But weirder still is the mystery that shows up in this chart where active listings in S.D. collapsed by a whopping 43% in just 2 months (wIth no surge in sales), in the prime of the season starting July 2019, AND 7 months before the pandemic outbreak.
January 8th 2022
FOR WHOM THE BELL TOLLS? IT TOLLS FOR THEE BUYERS IN JANUARY 
Yep.  Based on the latest data, the shelves are virtually empty this January of SFR detached homes in all of San Diego County in the category once called Active Listings.  As the chart suggests, it's hit a rock bottom low for these charts* dating to 2004 to just 914 properties.  That adds up to another all-time low as this chart will show of a scant 12 days of inventory, down a whopping 60% from December last (a 6 month supply was considered to be  a healthy balance).  Unless these multiple listing machines are busted, it's far worse in L.A. County, three times the population of San Diego County, where active SFR detached  listings per their CRMLS is a tiny 1,273.  A city where you would expect sellers to be fleeing, and more populated than our County, shows 248 active listings in the City of Los Angeles (?)   Homeowners should be grinning ear to ear as values hold up at near record levels.  At $850,000 medium price, and 14% above this time last year, it's within earshot of the record tied in June and July of $875,000.  Similar, but larger figures are reserved for the average sales price of $1.115 million, up 14.5% from December 2020, and slightly lower than the all-time high of $1.176 million registered in June 2021.  Sellers of SFR detached, got what they wanted, and then some as percentage of list price to sold was an extra 2%, compared with  the  record of an extra 4.9% above list price was achieved last June.  The number of sold homes at 1,881 is 15.5% lower than 12/20, while pendings will be giving no aid to lift sold data in January as they  too are down 13%.  The bell does seem to be tolling for buyers this Winter. Even the condo market is depressed with just 430 active listings.  Perhaps the best thing for home buying shoppers is to hold off until the Spring and hope inventory shelves get replenished
 
*(all S.D. data from  SDMLSA but will verify with local offices this coming week
on this Southland listing phenomena) 
 November 5th, 2021
THERE SHE BREACHES!
Any wonder that sale prices have been  back to double digit increases from last year when we see real inflation doing the same (see 10-18 report in right column)?  The standout gain and a chart that could be framed was  average sales price of a detached home, breaching at an all-time record high of $1,178,193, up 14.6% from October last as is the median price of $862,495.  Sellers are still getting prices above list price (101.3%) as buyers continue rushing the purchase gates with average days on the market still extremely low at 22.  As the chart shows, one infamous new record going back to 2004 is the number of active listings at just 1,723.  Sold (2,024)and pending sales (2044) are almost identical and a guide to November closures.  December is an open book with sales hoping to dodge the potential of a global debt bond explosion (see 10-18-21 article in left column). 
 
For a  list of properties that fit your criteria, and info on cash rebates to buyers that average $4000, contact Mesa Pacific today. For an example of how our "no cost listing" works, click here​.
(All data is unofficial and subject to change)
August Sales
A BREAK IN THE BREAKING OF RECORDS (?)
While the median sales price for SFR detached was up 15.6% from last year at $854,000, it faltered a bit from July's all-time record high at $875,000
June Sales Data
07/04/2021
LIKE A BROKEN RECORD, RECORDS BREAK AGAIN~
A common measurement in home statistics over the decades is called Months of Supply, or how many months it would take to sell existing inventory.  San Diego just eclipsed that measurement to days of supply of just 27 days.  When 6 months supply was once considered a healthy balance and offered many opportunities for buyers to pick and choose, and negotiate price, that world has disappeared for now.  The chart shows .9 months supply, and the decline started in earnest in August 2019, well before any viral fears.  While San Diego is definitely in the lead in this category,  nationwide this chart shows similar trends, dropping from 4.5 months in May 2020 to 2.5 May 2021.    With the same frustrated bidders out in force again this month,  negotiations on price hit a new record of 5% over list price in what is nothing short of intense bidding war for available properties.   All that action naturally created yet another record in median sales price at $878,750, up just like last month by 29.2%  from June of 2020.  Up even higher by 35.3% is the average sales price of $1,180,152, assisted by the fact that 40% of  all detached sales were over $1,000,000.  This should hold up for next month as pending sales in this category are up 46% from last June to 806 homes.  After the hiatus in sales following the initial viral fears where May 2020 recorded a dismal 1,328 detached sold,  the latest data shows nearly a doubling of closed sales to a normal level  of 2,474, 20% higher than June of 2020. The bogeyman for the market is again, plummeting active listings as show in the chart.
Condo and other attached sellers were having a good time as well, with median sales price up 21.4% to a new record of $550,000.
(All data is unofficial and subject to change)
For a  list of properties that fit your criteria, and info on cash rebates to buyers that average $4000, or how our "no cost listing program" works, contact Mesa Pacific today.   
 
May Sales Data
06/02/2021
HOMEOWNERS PLANT THE FLAG
When should a chart named ACTIVE LISTINGS be changed to INACTIVE? When you see a chart that looks like this.  Descending to the lowest of lows (at least since 2004) and this happening in what would normally be considered the height of listing period.  If 1651 is now the new normal when 9500-10,000 is typical for May,  then the industry is in big trouble.  Not so says the County government, where all sales volume had back-to-back records that totaled $6.88 billion, and roughly translates to property tax revenues of $82,000,000.  This volume relates to  sales prices where records were broken again, with chart showing median sales price of detached homes zooming to $875,000, an 18% climb from just 5 months ago, and a whopping 30% from May-June 2020.  One might think the exceedingly low active listing is because they went so fast, which is true in that a new record in Days on Market was set at a mere 20 days, amidst intense bidding wars that drove prices on average of 4.7% higher than list price, yet another record set here.   But add up pending sales of 2,391 and sold of 2071 with active listings, and they only total 6,113, well short of even typical active listings of 9,500-10,000.  So where have all the would-be sellers gone?  The decline began well before the COVID scare.  Is San Diego simply THE PLACE to stay put and no significant construction to entice home-owners to move on up?
For a  list of properties that fit your criteria, and info on cash rebates to buyers that average $4000, contact Mesa Pacific today. For an example of how our "no cost listing" works, click here​.
(All data is unofficial and subject to change)
 March Sales Data
04/24/2021
ARE SELLERS TIRED OF WINNING ?
The records shattered in March say sellers are winning at every level while it should be  buyers who are growing tired, standing in line of a bidding war.  All-time Record #1 as chart depicts: 20.8% increase in sales price over last year to $810,000, making all home-owners very happy indeed.   Record  #2 Percent sales price to listing at new high of 103.3%.  All-time Record #3: Days on market to all time low of 21 days, 32%  lower than last year.  these few stats suggest housing sales on fire.  However, one record remaining says it's not that rosy of a picture: All-time record #4 is active listings down a whopping 59.7% below April of last year, and during height of COVID scare.  So assume same amount of buyers looking each month over last several years but now faced  with inventory sliced down to the bone, and a dog fight naturally  ensues.    Pending sales of 2306, up 39.8% from same time-period last year, shows more of the same good fortunes to come for sellers by this month's end.
 
For a  list of properties that fit your criteria, and info on cash rebates to buyers that average $4000, contact Mesa Pacific today. For an example of how our "no cost listing" works, click here​.
(All data is unofficial and subject to change)
February Sales Data 
03/01/2021
RECORD BREAKING ONE-UPMANSHIP?
If there is one sales marketing tool that will be stated over and over again in every brokerage company this month, it will be:  "Sold Over Listing Price."  Whether by design of listing low to create more buyer bidding or just the forces of the market can't be told by this record-breaking chart on Sales Percent To Original Listing (note it's the first time average bids were 101.4% of list price) but  recording breaking median sales prices on detached homes, plus near-record lows of 27 days on the market, do.  Just when you thought 6% annual price increases or less were the new norm, up pops a 15.6% increase from last year and new record high of $780,000.   If following the averages, that figure is up a whopping 24% to $1,055,908--and all of this before Spring has officially sprung.  Buyers may have been  sensing the cheapest mortgage prices may not last (and they are right judging by latest activity in the bond market-see adjacent column on this), so bidding up the price to fend off competitors is the story of the last couple of months.  Add to this buyer frustration is the continued lack of inventory, where the term "Active" listing is almost oxymoronic and as the chart demonstrates, is down to an all-time record low of 1419, 63% lower than this time last year.  This story should wake potential sellers up as there is no greener light like this. 
For a  list of properties that fit your criteria, and info on cash rebates to buyers that average $4000, contact Mesa Pacific today. For an example of how our "no cost listing" works, click here​.
(All data is unofficial and subject to change)
02/06/2021
 IT'S UNBELIEVABLE
 One would think someone cooked the books with numbers like these,  Not only were sales moving faster back to back  in December and now January at a pace  just a few days shy of the all-time speed of 24 days on the market in 2004, but it happened in the dead of Winter,  as the chart shows is notoriously the slowest time of every year since 2004.   In another stunning bit of data for detached homes, is the category of what used to be called Active sales, which careened off the chart, falling an astounding 60.5% from last January to the lowest level recorded since these charts were tracked in 2004. While the chart on the number of sold homes would impress astrologists and reads like a well-scripted storyline for each and every January, hitting rock bottom at the start of the year,  sales are nevertheless riding on a much higher plane  over last 7 years than the years prior to that.  Pending sales at 1769 will pretty much guarantee February charts will turn the tide upward as usual, but what the chart shows as the unusual was April-May, 2020 sales that took a nosedive due to the big V.  Median sales prices are holding the line near the record top of the  charts, but the average price is one that will be remembered at $1,006,000, up 17% from last year.  So while sold home numbers don't impress,  dollar volume at $1.8b, UP 51% from last January, certainly  keeps the tax assessors smiling.   All in all,  potential home sellers, with few competitors, are either still afraid to go outside of nothing more than a serious bout with the flu, or content as cows grazing at home sweet home in San Diego's rich grasslands.  
12/06/2020
FEARLESS WARRIOR BUYERS ?
While potential sellers may be sheepish about masked buyers  traipsing through their homes, visualizing  trails of coronavirus in their wake (considering active listings are down 52% from last November), buyers thought otherwise, as detached sales rose 20% from November  2019, back when the air was free and clear of these bugs that are so small (10 times smaller than bacteria and about as deadly as influenza), that they pass right through the best masks like a basketball through a hula hoop.  Put these last 3 month sales back to back with sales of Sept-Oct-Nov of 2019, and the increases of 1,422 nearly made up for the lost sales during the height of Pandemic fears of March, April, and May.  While prices tend to usually dip in this off-season, this price chart  shows the surge from buyers is keeping prices at their record lofty levels with median price for detached remaining at $750,000.
 
October 13, 2020
 PANDEMIC YOU SAY? 
Buyers apparently voted with their feet  about pandemic fears, as detached sales jumped to 2475, a whopping 31% higher than last September, and only beaten slightly by 6 past seasons since 2004.
September 9th, 2020
ANOTHER MONTH, ANOTHER RECORD
San Diego homeowners may get tired of winning each and every month, climbing to new record highs like detached homes did in August, up 14% from a year ago and now at median price of $750,000.  But how about a new record high that's up 31% from last year?  That one belongs to manufactured and mobile home sales hitting $200,000 in median sales price, a whopping jump in price of 41% from last month.  Granted,  only 111 total sales does skew those gains, but it's a decent gain and way for young to get a foothold into the market (provided they own the land beneath the unit), or elders seeking retirement without a horsey mortgage payment.  Buyers/ owner-builders of manufactured homes should know that appraisers must use sales of other manufactured homes for comps so you get what you paid for (plus or minus  the amount what others paid recently).   A so-called stick built home cost more but your value is riding higher with other similar built homes.  So the trick is to weigh the  current resale market value  of each and the cost differential to build, and plug in value increase of say 2-3% per year over 10 years, and figure equity of each less cost of ownership.    What some novice buyers of mobile homes don't realize, once the land lease is up and the owners decide to build that hotel/motel on the greens, they have to pick up their depreciated unit and move on--likely to loftier land leases, and really didn't get ahead financially over time--and maybe fell behind the inflation eight ball.   Fixing as much of your housing expense now is the goal, as inflation may hit renters the hardest each time the lease is renewed in future years.
For a  list of properties that fit your criteria, and info on cash rebates to buyers that average $4000, contact Mesa Pacific today. For an example of how our "no cost listing" works, click here​.
(All data is unofficial and subject to change)
 
August 4th, 2020
STOP THE PRESSES!
What's the most surprising economic data to come out of a so-called global pandemic that 's still growing in cases, but shrinking in rates of death here in the U.S.?  Outside of the fact that total  deaths in 2020 will have to play catch up to 2017 and 2018 levels that averaged 2,826,000 , is that median sales prices here in San Diego  just shot up 11.4% higher than  July of 2019.  Now if one wants a really bold news flash number, it's  $946,000,  the average sales price of detached homes, a new record high  and  a whopping 14.2% higher than July of 2019.  Still, the median price is what is normally  tracked and that is $730,000 (half the sales above this figure and half below it), and that's the  11.4% increase that is still amazing in a market that used to see these bold increases, but started to settle in just above inflation levels.   It's pretty obvious that the higher price homes are revving things up and sure enough,   that's where the increases are happening.  While sales prices are not jumping here, the number of sales are, pushing up the averages and median prices:  sales above $1,000,000 increased by 42%, and that's going to happen all over again next month as pendings at this altitude are up 65% from last year.  Down where the  rest of us reside below that $1mil hashmark, overall sales of detached homes rose  out of the ashes of viral scares in May by some 60% ,from  a paltry 949, to 1519. in July.  Every chart takes  flight from May lows, except active listings, which had been a systemic problem well before the pandemic.  No doubt record low interest rates keep buyers actively bidding on rising prices, and this drove buyers to pay, on average, 99% of asking prices, near a new record.  Will  would-be sellers come out to play their hand at the height of the season?  Buyers appear likely to deal.  
For a  list of properties that fit your criteria, and info on cash rebates to buyers that average $4000, contact Mesa Pacific today. For an example of how our "no cost listing" works, click here​.
(All data is unofficial and subject to change)
July 11th, 2020
PENDINGS KEEP ON RISIN' AND SO DO PRICES
While pending sales keep last month's theme alive, shooting up in the charts, and now up 92.5% from April's fright, another chart quietly shows a new record high for median sales prices for detached homes at $686,000.
While it is apparent potential sellers tried to keep the bug outdoors by  not listing their homes  (2616 active, down 49% from last year)  that didn't stop buyers from going door-to-door after available listings and close on 1890 sales, just 5.8% lower than pre-bug conditions last year in  June.  That gusto and what me worried ?Alfred E. Neuman attitude  of buyers showed up as well in speed of sales with average days on the market running 31 days, albeit the all-time speed record was 26 days in April, as though a hurry-up drill to close those sales doors.  No doubt pendings will give an added lift here in July, but will potential sellers come out to take advantage of the dearth of listings and rising prices at the height of this season?
 
For a  list of properties that fit your criteria, and info on cash rebates to buyers that average $4000, contact Mesa Pacific today. For an example of how our "no cost listing" works, click here​.
(All data is unofficial and subject to change)
June 7th, 2020
PHOENIX RISIN' (?)
Out of the ashes of a self-induced economic slump that brought us Depression era unemployment rates of some 20%, comes statistical signs here in San Diego that this too shall pass.  Detached pending sales, always a harbinger of home sales to come, shot up in a trajectory not seen in normal times, depicted by this chart, up an amazing 59% in just one month. This happening on the heels of some woeful sales numbers for detached homes against last year at this time: 1220 sold, down 44%,  active listings down 41%, dollar volume, down 47% (putting the squeeze on local government revenue).  Sellers, not buyers, were deterred by the virus, as buyers jumped in: based on speed of sales, just 29 average days on the market, May's timing still  rivals with the best on record posted this April at 26 days.   While new listings are down 28% from last year, they too rose from the ashes, up 32% from just a month ago.  With the chart showing active listings limping along the same low line from December to now, there's plenty of elbow room for new sellers to enter this market.  Gauging by  a look at medium sold prices showing  only a miniscule gain of .9% over last year, waiting for greater gains at sale doesn't appear to be worth the wait.
For a  list of properties that fit your criteria, and info on cash rebates to buyers that average $4000, contact Mesa Pacific today. For an example of how our "no cost listing" works, click here​.
(All data is unofficial and subject to change)
May 1st, 2020
IT'S BEGINNING TO LOOK A LOT LIKE CHRISTMAS (?)
While a far cry from media headlines throughout April,  Christmas data is here in San Diego real estate.  Yes, homeowners got yet another gift as the chart shows a new record high in detached median sales price, up 4.7% from last April to $683,000.  The pace of  sold detached sales was a staggering 28 average days on the market, beat only by one month going back in July of 2004 at 23 days, and sold price was 99.2% of list price, even with March for the best ever--  two more gifts to sellers.  The rest of the data definitely looks a lot like Christmas activity: new listings were down 42.2% at 2,845, but still higher than any December in the past.  Pendings, down 40.2% from April 2019, followed that same holiday season break, still hovering slightly above or below Decembers of 2018 and 2019, and sets the stage for more weak sales coming in May.  Active listings of 2872, down 38.8% from last year, are nearly identical to those of  Christmas, 2019.  In a tell-tale graph of something gone wrong,  it shows the number of sold properties in April historically rose well above prior months of that year, but took a sharp dive from March, dropping 20% in one month, and 32% below last April, and looking a lot like Christmas sales of the past.  While one might guess that buyers are reluctant to buy with business closures, the data shows buyers snatching up properties at a record pacing, with little negotiating on list price, and would-be sellers (with inventory bottoming out) most affected by the virus, possibly having  visions of masked men and women arriving at their doorstep,  potentially dropping off a virus that might kill them.  The good news is that more Americans died from the common flu in 2018 when no masks were required by law, and sales were 43% higher in April of 2018.   Buyers and agents are being allowed to see properties so the only restriction involves those wheel spinning open houses that make listing agents look busy.
  
 
 
April 7th, 2020
STORM BEFORE THE CALM (?)
While March detached sales are doing that characteristic thing, carrying the median sales price to new record heights at $680,000, up 8% from last year, and average days on the market (tied with record lows of just 30 days) would make any listing agent look good, several lead  bits of data for future sales are not following that characteristic historical script: pending sales are down 1,692, 18% less than this time last year, and active listing fell to lowest level in modern times at 2,872, down a whopping 36% from last March.  Will April showers*
bring May flowers?
 
*(now a viral deluge as mainstream media might describe, but will U.S. deaths match the 80,000 flu deaths in 2018 that happened with only a few news bulletins posted about the flu killing up to 4000/wk and zero suggestions about closings of anything, including home listing showings, restaurants, businesses, schools, churches during Holy Week, and the Orwellian Los Angeles  rule for neighbors snitching on neighbors)
For a  list of properties that fit your criteria, and info on cash rebates to buyers that average $4000, contact Mesa Pacific today. For an example of how our "no cost listing" works, click here​.
(All data is unofficial and subject to change)
March 8th 2020
 LEAP YEAR IN RARIFIED AIR (?)
Rare is it to expect all-time records to fall in February but it just happened as median sales price of detached homes rose 8.5% from last Feb to $678,000.  While many will say it is due to lower mortgage rates, which, on average, were lower by  less than 1/4% from December, the real action from rate declines should start for future sales as market rates have tumbled by over 1/2% in the early days of March from February's average (see Mortgage Report) !! No doubt the market nemesis is at play here, as active detached listings  touched down at a new record low of just 2,679, a whopping 40.1% decline from February 2019.  This inventory squeeze helped sellers get what they bargained for as the percent of selling   price to list price reached 98.3%, topped only by the peak season in July of 2013, when it became abundantly clear the bottom of the marketplace from the recession had come and gone.  Even sellers over $1,000,000 had there way with prices, as they got 95.8% of asking price, just shy of the all-time  best of 96.5% in 3/2017. This million+ category shows closed sales were up by 23.2% to 281, best February number on record. But the real stand-out figure says the best is yet to come.  By using the divining rod of pending sales, it shows a huge gain at 49.8% to 442, which will no doubt have March sales  beating out February closed sales of 281, up 23.2% from 2/2019.  Condo/attached follows similar patterns as detached with the median sales price topping all months heretofore at $450,000, up 9.4% from last year.
For a  list of properties that fit your criteria, and info on cash rebates to buyers that average $4000, contact Mesa Pacific today. For an example of how our "no cost listing" works, click here​.
(All data is unofficial and subject to change)
February 9th 2020
COLD WINTER SALES MEET UP WITH STORMY DEMAND (?)
It may be cold outside for San Diegans and called the "off-season" for home-buying, but that didn't stop buyers from pressing on to outbid their competition amid strikingly low volume of homes
-- so low it broke the record* with only 2,730 detached listings (and 40%  lower than last January).  Those conditions made for a 9.3% increase in the median sales price compared with last January, and uncharacteristically this season tied  the all-time record high that hit at the top of normal sales season in June of 2019 at $670,000.  Even sellers of properties above $1,000,000 saw their prices rise by 4.4%.  Pending sales in this category are up 33% with all detached up by 8.4% so this trend line should not stall out in February.  While homeowners can smile at this chart, imagine any corporation dealing with sales activity dropping by 40% from a year ago. So picture  those grueling sales meetings,  tabulating the efforts of tens of thousands of registered agents in San Diego, all getting grilled on their lousy performance that's down by 40% from last year.  If they have this chart in hand,  they shouldn't take it to heart.  
For frustrated would be buyers, the sun (and new listings) will come out tomorrow--and the cost of borrowing improved.   Get a jump on these by receiving an automated notice of new listings that fit your  search criteria, and receive large cash rebates that average $4000 when represented by Mesa Paciic.  
*(December active listings revised to 2,805, as all sales data is unofficial when previewed early)
Sneak Preview of December Data
January 4th 2020
NEW RECORD OF ILL REPUTE (?)
While homeowners can continue grinning ear to ear going into the new year with detached resale homes rising 6.7% from last December at $665,000 (dead even with November and that of the high-flying summer season of 8/2018),  the nemesis for would-be buyers  hit a new record low:  just 2,611 active listings, a whopping 39.8% below December last.  With all property types included,   the same new record low happened for this grouping  (4501, down 33%) in a County population of 1.24 million households according to 2018 census.   With so few active listings also in November (see 12/7 report), is it any wonder that closed detached sales (1,515)  barely gained over last December, and will likely put sales in a deep freeze in January?  Top this off with relatively few days on the market (38 days average) compared with past winter months,  it all adds up to favorable conditions for sellers to enter the market now.  
 
For a  list of properties that fit your criteria, and info on cash rebates to buyers that average $4000, contact Mesa Pacific today. For an example of how our "no cost listing" works, click here​.
(All data is unofficial and subject to change)S of sales at 29 days average, 9.4% faster than last year, nearing all time speed records--and that speed gave sellers a lift in their loafers, pushing the median sales price up to a new record high of $657,000, a  6.8% annual increase.  The rocket's red glare of dollar volume lit up at the City and County's assessors' offices, where total volume on all real estate sales spiked to a new record at $3 billion 78 million. With active listings now even with last year at this time after hitting rock bottom in December, 2017, a 50% climb since then,  the charts say would-be sellers should jump into this market as anxious buyers await. 
(please click on underlined text for charts)
May 5th, 2018

UNCHARTED WATERS (?)

Predicting the future has its hazards, but our prediction of higher sales in April due to spurt in pending sales held up, rising 8.5% higher than March closed sales. *  That may seem like a given, but when the start of the year was a scratch with the lowest new listings in modern times of 1330, San Diego resale markets dipped into uncharted waters.  April closed sales are still down from last year at this time by 8%, mostly due to the continued squeeze on inventory.  However, what is breathing new life into the market are  new April listings that are more than double from the record low 4 months ago and now up to 3096, 2.1% higher than last April.   Though still only at an anemic 2 months’ supply, buyers get a better shot at finding a suitable property, but not without additional costs.  The median sales price on detached homes is continuing that climb, up 8.3% from last April to $640,000, a new record high.  And with that record high coupled with decent sales numbers, dollar volume has to be putting smiles on tax assessors and other government officials, tapping into uncharted record volume for all residential real estate transactions totally $2.84 billion. Listing agents of all stripes brag about their exclusive system that gets the seller’s home sold quickly and at the listing price.  One  would not hear these claims back in December 2011 when the  days on the marketstretched to 85 versus the near record low today of 25, and when the average sales price was 7.3% below list price compared with 1.9% today (or .1% based on median calcs).  All stats are unofficial, and are announced later in the month by NAR. 

If you would like a free list of properties that fit your criteria, or a closer look at your home value, please contact us today.

*(Mesa Pacific had a hand in the stats by closing the highest home sale in San Marcos at $2,150,000). 

April 5th, 2018
Remote Viewing For April Sales Data
When viewing these charts along with recent past ones, remote viewing into the future is not required—at least for the next 30 days.  With the inclusion of pending home sales data of a few days ago totaling 2,220, up 30% from a month ago, it is safe to conjure up visions of April closed sales rising above March’s 1738, which rose 24% beyond February’s doldrums numbers.  Granted, active and closed sales still show anemic growth, each down double digits from March of 2017, as tight supply of just 1.9 months ( 6 mos. being the old norm and worst was 12.5 back in 01/08) leaves buyers with few choices, and drives both the pace of sales to only 32 days, faster by 15.8% than last March, and sellers getting98% of their asking price.   Those that have bought are happy campers to see themedian sales price for detached homes continue to rise here in March by 10.4% from 3-17 to $635,000. 
If you would like a free list of properties that fit your criteria, or a closer look at your home value, please contact us today.
March 3rd, 2018

VANISHING SPECIES ?

The official tally for pending sales in January was released a few days ago with this story heading: Pending home sales tumble to a 3-year low as a lead for what is in store for February sales, but we’ll flash forward and take a look a month ahead of time to see what March sales may look like here in San Diego.  While detached pending sales registered by 2-28-18 were lower by 6.9% from a year earlier, the chart shows they follow that characteristic climb from December’s basement, increasing by some 33%; so it should be safe to say that March sales won’t continue to crater like they did in February, which were down 12.4% from last February, and surprising lower than the start of 2018  by a few sales, which the chart illustrates.  As has been the case for some time, one cannot expect large sales numbers with so few listings, which are still riding at record low levels.  Another record-setting event is for average days on the market of 35, which is the lowest for any February charted, and lowest for most all prime-time Summer sales.  That says a lot for buyers in the hunt, and for prices paid which continue to rise with a medium sales price of $612,000, up 9.3% from last February.  So when the sales negotiation dust settled in February, buyers paid, on average, 98.1% of the asking price to win the bid, and the chartsays this beats nearly all months recorded.   No doubt buyers, especially from the chilly East, have already recognized that San Diego gets premium prices, so this chart of a vanishing species of detached homes won’t be any surprise.  Detached homes in the price range of $350,000 to $450,000 are down by 47.5% from last year, and likely to continue given the continual upward movement of home prices.  However, there were 169 sold last month in this price range, and 207 still available.   If you would like a free list of properties that fit your criteria, or a closer look at your home value, please contact us today.

February 2nd, 2018
GROUNDHOG DAY PREDICTIONS WITH LATEST JANUARY DATA
While back East, the groundhog saw his shadow today, predicting 6 more weeks of Winter, San Diegans patiently await Winter and the rains it brings.  Alas our Indian Summer weather cannot be blamed on the new record low in detached home listings (going back to 2004 where the chart ends).  Not only were the 2974 active listings 23.7% below last year at this time, the count was 20% lower than the low of March 2004. Fewer listings mean fewer sales which were down 10.5% from last year. But with the pace of sales still moving briskly at 41 days average on the market,  the squeeze on supply from this ongoing demand pushed January prices 7% higher than January of 2016.  At least pending sales are up 4.2%, which would help turn the tide upward in February.
For a close-up look at your property value, contact us today for a free valuation report.
January 2nd, 2018
FIRST PEEK AT DECEMBER SALES DATA: HOW HIGH, HOW LOW THIS JANUARY?
While some  hung-over listing agents may be late reporting last minute December closings here in San Diego,  data this early out* still tell the tale of a market continuing to run out of home listings--and the chart shows this is at record low levels.   The combination of fast sales (38 days on the market) nearly 16% faster than last December, and record low new listingsper chart, put pressure on prices to the upside, up 8.8% from last December to median price of $615,000.  The charts also show that historically, there will be even greater constraints on supply this month , so could active listings force a reformatting of the bottom of the charts?  The lack of inventory is by no means a sign of weakness, as the dollar volume in sales leaped back up to $2.3 billion, a 63% increase from last December, putting smiles on SD tax assessors' bookkeepers.  Since we're in no man's land as far as the data shows going back to 2004 on all key indictors supporting sellers,  home-owners looking to sell early this year will find a welcome mat awaiting.
*(the data is preliminary and unofficial. Official findings will be announced later in the month).  
December 6th, 2017
CHRISTMAS COMES EARLY IN NOVEMBER (?)
Preliminary  data* on November sales shows homeowners receiving the gift that seems to keep on giving: double-digit increases in home values this November on detached resale homes compared with last November.  While it is great to receive,  the giveth on the part of would-be buyers is where frustrations must be felt.  Lofty plans to own a home by Christmas has been snatched up by the Grinch,  represented by the  lucky buyers with the winning bid on a skimpy list of active sales. The record speed of sales is keeping pace with October (see report below), but you have to wonder why listing agents think that a quick sale within a few days of listing  is in the best interest of the seller, without the benefit of being exposed to the maximum amount of buyers.  Unlike the forced sales of years gone by, thebank owned sold chart tells the tale that Ebenezer look-alikes are few and no longer knocking on doors with trustee sale notices.
Mesa Pacific can help stimulate sales by our discounts in mortgage prices (at least $3000 in provable savings), cash rebates to buyers, and low to no cost listing programs.  Contact us today for details.
*(figures are unofficial and subject to change)

 

 

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Recommendations
I am writing this letter in support of the succcessful effort put forth on our behalf by Mesa Pacific and specifically for the work done by William Ray.  We listed the property  with a nationally recognized real estate agency.  The property did not sell.  Frustrated and disappointed after our six month contract expired, we contacted Mesa Pacific. He came in with a positive attitude and many great new ideas to prepare the property for sale.  We also were excited about the opportunity to save substantial money on the commission rate they asked for.  Our property was sold in 30 days after signing with Mesa Pacific and for the amount we had originally targeted.
 
__________________________
I would like to recommend the services of Bill Ray at Mesa Pacific, who assisted me in selling my home on Brian Way in El Cajon, and purchasing a replacement property.  Bill Ray made me an offer I could hardly refuse using his no cost listing program, which saved me some $13,000 in listing fees other brokerage firms would have charged. 

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 Bill Ray was absolutely invaluable when it came time to sell my mother's rental property.  My mother had passed away and I live a considerable distance from the area.  Bill is very knowledgeable about the local real estate market and was able to provide me with the information I needed to make necessary decisions.  I listed the property with Bill and have been really happy with that choice.  The property was in really bad shape and needed a lot of work. Bill went way above and beyond what he needed to do in order to help prepare the property for sale.  He researched contractors, obtained estimates, and oversaw the repairs

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"We purchased our home in beautiful Eucalyptus Hills and would like to recommend Bill Ray of Mesa Pacific Mortgage to anyone seeking the best mortgage pricing and professional services.   We received a VA loan quote from our credit union and Bill´s pricing beat the credit union by $6000.  In fact, the lender credits through his wholesale mortgage company paid all of our closing costs and tax & insurance impounds, so we ended up paying nothing out of pocket, and received our deposit back at close-- and all on a 30yr. fixed-rate loan."

 

We compared mortgage prices and Mesa Pacific beat others by far in rate and cost.  Bill Ray helped us locate and negotiate the purchase of the home at a price under the appraised value, and provided a cash rebate at close in the amount of $4,100. 

 

 

 

 

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FUTURE INDUSTRY ADVISORIES  

WEALTH TRANSFER of STOLEN BOOTY & INFLATION

We are told about the frightening liability side of the global ledger is in the hundreds of trillions (some 200 trillion in U.S. alone when calculating unfunded liabilities like pension and SS), and even in the quadrillions when factoring in the derivative markets (2.5 quadrillion according to this analyst).  Equivalent to $2,500 trillion Dollar, that's a massive figure considering global GDP is $80 trillion, but offsetting some of these liabilities are assets, and there is allegedly a hidden asset side to this global balance sheet one might call stolen assets.  Forbes Magazine posts the list of billionaires, but never name the trillionaires, who may have hidden cash and fixed assets; treasures reaped over the centuries by invading armies don’t just disappear.  Precious metals and gems keep getting dug up over these centuries, but unlike regular commodities like oil, they’re not used up, and the storehouse grows and grows, But where are these storehouses?  Who tracks these off-ledger assets?  Is there anything to this White Spiritual Boy off-ledger accounts that show many quadrillions? The Feds refuse to audit Fort Knox and it’s not likely because there’s an excess amount found there, though they post $11 trillion in holdings on the balance sheet, higher than other nations.  So this accumulation has to be stored somewhere and in secrecy.  Rumors have it that in this global war few seem to recognize, many quadrillions of these precious metals illicitly acquired have been located underground in hundreds of miles of tunnels and during this wa have been secreted back to nations around the globe that have agreed to share this newfound wealth and distribute to their citizenry, with certain conditions.  Some call this agreement Gesara. Pundits say not so fast with this scenario.  Massive wealth redistribution will create massive inflation as 7.5 billion people with a lot of pocket change to spend will force prices of limited goods much higher, negating the benefits.  But with this redistribution of stolen assets, begotten by massive corruption, also comes hidden technologies like free energy that drives down the cost of producing everything and energizes mass production of goods and the services that come with this economic revolutionary expansion. So much of this recovered wealth will drive these new technologies and create abundance, and folks around the world will invest excess cash and receive additional benefits from the return on investment.  Cheap energy will turn deserts into oasis and farmland (the Sahara Desert is larger than the continental U.S), as the costs to desalinate and distribute potable water will be minimal.  Recycling down to the original molecular structure will clean up the environment.  Robots will do the heavy lifting in production. Yes, sounds like a pipe dream, but who would have believed in 2019 the world would be entering 3 years of a continuing nightmare conspiracy to depopulate the world?  This dream-like scenario also sounds a lot like the phrase the meek shall inherit the Earth, while the corrupt get siphoned out of the system.  It is said that the new distribution system will have as it’s center piece a quantum computer network that swaps fiat paper currency with gold backed notes and digital currency with no middleman or government involved—totally decentralized. The corrupt will be left holding the bag of worthless fiat paper as there will be an instant quantum computer audit of the use of their existing cash holdings and not be allowed into the new system.  All debts, including mortgages and credit cards, will be paid off and cleared from the old ledger, paying off legitimate note holders, or so the scenario goes.  Meanwhile the tug of war continues but may be coming to a finale soon after the mid-term elections and collapse of the old guard system. It could get somewhat tumultuous in this transition so best to stock up on goods, cash on hand, and silver

10/12/2022

FORCE MA-JEURE: SAYONARA 

In contract law, an exception to meeting a certain obligation due to unforeseen events is called Force majeure

Investopedia: "Force majeure is a French term that literally means “greater force.” It is related to the concept of an act of God, an event for which no party can be held accountable, such as a hurricane or a tornado. However, force majeure also encompasses human actions, such as armed conflict.

Generally speaking, for events to constitute force majeure, they must be unforeseeable, external to the parties of the contract, and unavoidable.

Events that could potentially trigger a force majeure clause include war, terrorist attacks, and a pandemic, or natural disasters that fall under the “act of God” category, such as a flood, earthquake, or hurricane." 

Given that a) the Dollar (not to mention other national currencies) is a promissory note, and the world is awash in these fiat currencies with skyrocketing national debts that can never be repaid, b) and central banks are teetering (BOE boss said Tuesday their asset purchase of government debt will end Friday and no longer able to support stable rates, while Forbes Magazine asks what's going on at Credit Suisse  and other reports are they selling their main office building in Switzerland for some liquidity, and  while Feds suddenly loan the Swiss $3.1  billion in overnight funds c) and seemingly insane global nuclear war threats started by the West (central bankster Cabal), a  force majeure may just be the ticket for the Cabal attempt to wipe the financial slate clean and usher in their Global Reset plans where we will "own nothing and be happy." 

 RUMOR MONGERING ET AL (part II)

It is said this war pits one quantum computer projection of future event scenarios against the other in a no holds barred, winner take all battle for Earth in a war most don't even see now, but will in the future, given a final Earth Alliance victory.  It is said that Galactic rules prevail with a no nukes allowed defense shield (see below), and more he-said-she-said rumors flowing this A.M, albeit others will say a global financial collapse must occur first:

1) A Red October Supreme Court Announcement that SCOTUS has invalidated and overturned the 2020 Election, will change everything.

2) Fake Biden would be out, the November mid-term Election canceled, voter fraud fully exposed, the public would finally learn the truth about the stolen election, plus the announcement would create an interim President Trump with the military in control that opened the Emergency Broadcast System (EBS) to begin explaining it all.

3) The Military would be in control to continue cleaning house and organize a Special Election which fit in with the legally needed 120 days from announcement to Election Day (Oct. 2022 to Jan. 2023), that was bound to see Trump’s return to office by January 2023. 4) These next six months will be very bumpy until March 2023. Right now we are under Military Rule but in the next six months we will see the Military come out in the open.  5) There has been a failed coup by the Deep State (Chinese Communist Party/ Rothschilds/ Rockefellers/ Vatican/ Blackrock and DAVOS Group) led by the Chinese Communist Party (CCP), to take over BRICS and the Global Currency Reset. The Coup ended last week with CCP members arrested and executed by the Alliance.  On Sun. 16 October the Chinese plan to announce their new political stance as a Republic.  Physical Silver and gold along with storable food are our best defenses dealing with these unknowns. (MPM is not a financial advisor company, and simply are describing what we personally do based on the information available).

09/26/2022

THE TIPPING POINT (?)

The change for the world is right around the corner and looks nothing like the chaos of today, which features the threat of plague, famine, and then war (nuke war at that).  Yes, all disasters in the past either started with plague, famine, and then war, or in slightly different orders, but always these three.  What the future should reveal fairly soon is these chaotic events of the past and present were all planned, essentially by the same family group over the past couple centuries, and the theme is constant: out of chaos comes control.  Like a mafia control group, these people have rooted themselves over time in all governments, corporations, religious organizations, and media using bribery and coercion to control behavior.  Read more...

 COG IN THE WORKS (?)

The White Hats had to allow these very nefarious people to show how bad they were, allowing us to come to a precipice like we see today, before initiating military response under guidance of COG, Continuity Of Government following a declaration of emergency.  This was done before Trump left office, which turned authority over to the military, until the emergency is formally announced as over by Congress--an illegal gathering of a defunct corporation, by the way, with most operating as puppets of the NWO (easy puppets to spot: those that support mandatory vaccination or RINOs who are silent about a stolen 2020 election).  A key element is knowing that the U.S. Corporation is bankrupt, and debts will be dissolved under the Restored Republic, and called that because the corporation of the U.S. was silently created in 1871 to back central bankster loans following the Civil War.  A clue to what's coming is Trump last week seen standing next to a flag with no stars, presumably awaiting official entry of states into the newly restored system, and these new financial and government systems will carry same theme:   decentralization (devolution), putting the power back into the hands of citizens, and dissolves the secrecy that hides new technology.   But like any major insurrection ousting the worldwide old guard, it's going to get rough before it gets better.   

RUMOR MONGERING ET AL

Policy of no nukes allowed confirmed and enforced by those “other unnamed groups," or so the rumor goes.  Further rumors say that the Starlink satellite network is operated by a quantum computer control system and capable of shooting down any nuclear missile launch.  Back on 9-12-22, a German legislator warned 9-24-2022 will be a day everyone will remember exactly where they were.  On the 24th, social media showed missile defense missiles launched in St. Petersburg.  Was this a Cabal initiated attack on Russia to start WWIII, and taken out by Starlink network defense shield created by the Earth Alliance?  

09-01-2022

Sign Post Up Ahead: NOW ENTERING ALT-MEDIA  & NEW WORLD 

There are, and have been for some time, two diametrically opposed realities, as told by mainstream news organizations and alternative news sources.  It's easy to spot the controlled group as they read from the same script daily in their presentations ( ie, pushers of an experimental vaxx for children where zero threat exists).  So similar are they throughout the world would indicate they are receiving instructions of what to call news and commentary from a very centralized platform, while alternative media is completely decentralized, much like the wild, wild West of the 1800s with their decentralized rules governed by small towns, individual reputations at stake, and rule of law enforced by local sheriffs (webmasters in this case).   Ironically, the most trusted media in surveys are the weather reporters, yet not a single one dare mention the word chemtrails (which has been obvious to the naked eye over the years) or geo-engineering that could bring rain to the West instead of man-made droughts and 500 year floods.  Open that door and the public starts asking questions.  This all part of the information warfare.  When one looks closely, the news or commentary is usually based on "unnamed sources" or he said, she said flimsy testimony,  or maybe bald-faced lying statements from a compromised individual or group, all of which requires listeners to "discern" what the truth is from there.  So discern this latest rumor mongering news from the alt-media world put out yesterday, and only involves one term:  Shadow Docket. Just 2 days ago, Trump demanded he either be named President or require new elections immediately due to the fraudulent elections.   From Wikipedia, The shadow docket is the use of emergency orders and summary decisions by the Supreme Court of the United States without oral argument...It is used when the Court believes an applicant will suffer "irreparable harm" if its request is not immediately granted.

Should this happen, the smell of burning rubber meeting the road from opposing forces will likely arise quickly in major cities--but it will also signal the beginning of the end of the road for these global reckless and maniacal drivers that have bankrupted nations, and squandered multi-trillions, and kept hidden over 6000 patents on technologies that will create great abundance from free energy (ie, turning deserts into oasis and farmlands with inexpensive desalination plants throughout places like the Saraha desert), advanced communications, transportation,  medical technology, and total restructuring of taxation and government called devolution.  Another term repeated in alt-media worth reviewing:  Project Bluebeam, and recent calls by Congress to deal with potential threat by UFOs that has "grown exponentially."   Real or imagined? That will require a good bit of discernment should the skies suddenly reveal this age-old technology and Cabal plot to frighten the population into a New World Order.  

07-03-2022

1776 INDEPENDENCE DAY vs FORCES UNLEASHED?

All markets, including real estate, and the humans within them, revolve around and are influenced by truths, half-truths, and bald face lies.   Some hide it well, while others, called conspiracy theorists, step out of the mainstream media matrix, having seen these bad actors before that make markets rise and fall, and happy masses turn miserable. The latest stage being set comes from Europe and central banker Lagarde: 

 LISBON, June 29   -- European Central Bank (ECB) President Christine Lagarde said on Wednesday that the world "will not return to the low-inflation environment" before the COVID-19 pandemic..."There are forces that have been unleashed as a result of the pandemic, and as a result of this major geopolitical shock that we are facing right now, that is going to change the framework and the scenario in which we operate," she said at the ECB annual forum, held in Sintra, west of Lisbon.  Combine that message with Klaus Schwab message, founder of WEF, in his book:  COVID-19: THE GREAT RESET, and an old social-political technique  that motivates the masses called  problem-reaction-solution.  Create the problem, await public outcry, and then ride in with solutions that enrich the instigators.  With secret meetings galore amongst the global elites, it is not difficult to spin her words that might be heard behind closed doors back in 2018-2019 after COVID-19 was patented, COVID swabs mass produced in China, and Gates Foundation completed their beta test of global deaths from a virus pandemic:  "It is now time to RELEASE THE FORCES and close down the economies of the world for a better future for all of us."  But like George Carlin once joked, "it's a big club and you ain't in it."  Intel sources say the military is making room to house this "big club" on this Independence Day to remember for decades to come.

BIG TOP TENT FOLDING? 

This "big club" is getting squeezed from all angles as its debt system of skimming off the top of ever-inflated fiat Dollars and global market manipulations are getting challenged.  More and more countries are joining a new trading group called BRICS outside of the G-7 with a gold backed system of national currencies that will not be subject to endless Dollar printing and the inflation and economic calamities it creates, controlled through the international clearing house call the SWIFT system.  Ironically, this was pushed into high gear when NATO forced Russia out of the SWIFT system, along with Western boycotts that will hurt their citizens the most this winter without fuel.  Eventually, as other Western nations see their fiat Dollars slipping away in purchase power, they too would likely join a new global system which many refer to as the Quantum Financial System (quantum= point-to-point instant connection and no wave frequencies, thus eliminating cell towers, wi-fi tracking, cabling, and introducing free energy that would revolutionize the world). The system will give populations full sovereignty and control of their individual assets (sans government, corporation, and social media intervention and spying), and voids the need for income taxes as governments shrink down in a devolutionary pattern, handing control to people at more local levels.  Starlink awaits deactivation of current system in order to deliver this new system. 

05/01/2022

All The World is but a Stage Act XIV: Holographic Messaging 

As the curtain rises, smoke-making machines crank up, with holographic images of space craft high above shooting laser-like bolts at cardboard cutouts of city landscape of tall buildings set deep in the background stage.  The audience gasps despite backstage crew setting up cue cards for the audience that read: “artificial smoke and harmless to breath.”  Lights then focus on the edge of the stage to an actor wearing a Klaus Schwab mask standing behind a podium, and in German accent calling for a new world order to battle these invaders. Audience applauses on the technological aspect as the curtain falls, then rises again after a short break. The audience gasps yet again in disbelief as standing before them are President John F Kennedy and his son, JFK Jr. holding Princess Di's hand, all taking bows at thunderous audience applause. Each take turns at the podium to explain their back-ground, why they had disappeared from public view, and what the previous act was all about.  The implications were profound, and the presentations were so surreal it made the faint of heart reel in confusion; but many took these as clues that a massive set of world-changing documents and disclosures would follow in the very next act.  Some actually took notes believing what they heard was more than just a 21st Century version of a Shakespearean play. One notetaker wrote:  “EBS Mt. Weather, secret societies, Illuminati, Kazarian Mafia, Vatican-Buckingham

Palace- D.C. closed, Dracos, GFW, 

planned famine, Gitmo, devolution, how much is a quad trillion , sell stocks in Disney, Walmart, Nickelodeon, Amazon, Duetsche Bank, Blackrock, Vanguard,  pharmaceuticals, hospitals, Alphabet (Google et al), Facebook, smart phone manufacturers, big oil, utilities.   Buy: Ripple, gold, silver, … do search on who making Q phones, QFS, Starlink."

Act XV: Disclosure

Once again, the curtain slowly rises with  four actors dressed in military uniforms sitting behind a 10ft table with name plates suggesting they are generals representing U.S., China, Russia, and India.  Behind them is a large screen lit up with banner that read THE ALLIANCE, but the lights suddenly go out. After seemingly endless delays,  the production manager, flashlight in hand, apologizes and promises the show will go on another day when power is restored.  

03/05/2022

BEWARE: STAKEHOLDER CAPITALISM

This concept of "stakeholder capitalism" was created by the same person and organization that insists you wash your clothes less frequently (see article below), and recently envisioned we plebs owning nothing, and we will be happy.  While the concept of corporations looking at more than just the bottom line, but also consequences of their actions, is a good one, it's a far more important matter of who's running the show, controlling the rules of the game.  In a plutocracy, elites controlling corporations govern and run the show, similar to what is happening now in less than covert fashion: social media banning alternative news, censoring political thought and leaders, even the President of the U.S., mainstream news outlets getting their daily script from up high on the elite global corporate ladder (where the truth is very likely found running in the opposite direction of the scripts), corporate owned banks freezing assets of government protesters and their sympathizers. and corporations following illegal government mandates like experimental forced vaxx. Here we have governments around the world holding hands with pharmaceutical corporations, an industry reaping billions of Dollars a day that sought to hide vaxx experimental morbidity test results for the next 75 years from public view. The list gets very long when you include bribed and/or coerced government officials, who you could call corrupt "stakeholders" in corporate capitalism.  There's merit to the concept, and will be highly touted by the elites, but the controlling elites are who to beware.

02/04/2022

THE ECONOMIC ABUNDANCE THEORY

Ask any college student what the main emphasis is in school these days and no doubt it’s called sustainability.  In order to improve life and the planet, they are taught of the need to limit consumption, expect less, limit population, and now as proposed by the World Economic Forum, even limit how often to wash your clothes each week.  This goes back to political science and economics professors all professing these similar themes in The Population Bomb in the ‘70s which predicted world starvation by 2000. Next stop proposal is a credit card that enables tracking of ‘carbon footprint on every purchase’ and freezing the account.  All government policies are driven on this need to sustain, and not to grow, but all that can change with access to new technologies, access being thwarted by old technology owners.  Zero-point free energy systems like cold fusion promise the elimination of the fossil fuel power plant and replaced by a box generator in your own backyard and small enough to fit in the trunk of your car-- and only heavy water required to fuel it in a10yr cycle (so sorry for fossil fuel industry, and utility companies no longer needed, and  globalists seeking control of energy use via worn out climate change legislation).  Cheap energy creates abundance at low prices, as energy costs run through every level of production of goods and services.  Population density is eliminated as vast swaths of deserts convert to arable lands (ie Sahara Desert is the size of continental U.S.) as would bleak desert stretches in the U.S. receive desalinated water pumped for thousands of miles on the cheap.  Recycling of waste would take on a whole new meaning as technology already exists that breaks down material to its molecular structure, but not economically feasible due to the high cost of energy that is required.  Need to get from point A to point B in a hurry?  While Space Force is cruising around in TR-3s, the future commercialization of anti-gravity craft would make George Jetson envious, as San Diegans could visit Grandma in NY in 5 (that's 5 minutes not hours-see June 4th, 2019, article below titled: SIMPLY REVOLUTIONARY: PATENT BEYOND PENDING).  So, this is the 4th Industrial Revolution rolling in and over the globalists with their version of the next industrial revolution involving depopulation (that scarcity thing is always on their minds) and transhuman biological control where "you will own nothing and will be happy." These are just a few of the secret technologies hidden by the elite few as over 6,000 patents are currently withheld from the public.  Technology can be used for good or evil, and nanotechnology is a great example.  While James Bond-type mad scientists engineer vaccine injections with nanobot devices for mind control, the father of nanotechnology, K. Eric Drexler, says in his book called Radical Abundance that this type of atomic precise manufacturing will revolutionize the way we make things. So, the first step to make the abundance theory a reality is the final victory in a heretofore unseen global war-- a war to wrestle away global government tyranny and economic control from these nefarious 20th Century owners of the by-products of the 3rd Industrial Revolution, and before they finish their form of industrial revolution--one injection at a time. 

All The World is but a Stage Act XIII:

The Staging Is Set: Callin' a Kettle Black In Ukraine?  No doubt a nuclear exchange with Russia is one industry advisory not necessary to relate its effect on the real estate industry.  Cooler heads should prevail if enough recognize that it is the U.S. acting way out of line defending a border halfway around the world and the corrupt government there, and totally neglecting its own with millions flowing through, and some with nefarious 

 intent.  An analogous scenario would be that Russia came to the rescue of a corrupt government in Mexico as the U.S. military sweeps through the northern borders of Mexico to clear out the Mexican Cartels involved with child and drug trafficking where U.S. fentanyl deaths doubled last year, mass killings of innocent Mexicans, and vicious MS-6 gangs infiltrating, One problem Russia doesn't have are the  hundreds of thousands of illegal foreign immigrant men of military age running through a very porous border,  all permitted by a corrupt Mexican government and their allies.  

January 1st, 2022

SCRIPT-WRITING TALES OF A 2022 FORECASTCurtain Falls/New One Opens

All The World is but a Stage Act XII: For Whom The Bell Tolls?

The 2022 stage is set.  Many in the audience can’t wait for it to be over and sense with rumors of war, this may be the final act, and the curtain will fall--but on whom?  Wait, as the marque says this a double matinee with a new show following this aging script.   Back stage, many actors don their masks, hiding who they really are. Some good, but many are bad. The bad ones act like they’re the good ones, fooling many in the audience who act like they have not seen this play before.  Who writes the scripts, they wonder?  As Mark Twain once said, history doesn’t repeat itself, but it rhymes, so much of the themes of this aging script and a new one in 2022 do involve history, but much of it hidden away in centuries-old vaults.  The cast of characters will finally be unmasked and try to take a bow, but many will get the hook, and be drug off the stage, while others get standing ovations and will return to perform in the next show.   While the new script is supposed to be a secret, performers and stage hands backstage talk amongst themselves about the real source of this new script, allegedly discovered in these old vaults in Rome that tell both a terrible tale of centuries torture and enslavement, followed by possible relief and a joyous ending.  Who knew, they ask, that the manuscripts out of these vaults would reveal the forces controlling the world right up to 2020, and would be unmasked and vilified, and dragged from the stage in 2022? Further into the script shows, that with the bad actors removed, maps lead to massive hidden wealth and technologies-- much of the wealth begotten by corruption and obtained through the many wars these antagonists instituted.  Many in the audience holding voucher certificates that bet things will continue as is will first be stunned and run to the exits, leaving vouchers behind.  Those with a clearer head will wait for the ending, and be happy they did.  

Antagonist: "For whom the bell tolls?  It tolls for thee…It’s the END of the world!” (Audience gasps)

Protagonist:“No dummy.  It’s the END of you!”  (Audience applauds. Curtain drops)    

11-06-2021
A WAR GAME OF A DIFFERENT SORT?
What if there was  a world war and nobody came?  Or more realistically, if it was just outside the purview of the public using asymmetrical warfare tactics that disguise it--so well disguised that financial analysts missed it in their algorithmic projections?  How goes the marketplace if this in fact is happening and discovered in the days or weeks ahead?  If this were a war initiated from within and without, would deceptive strategies show up like military data points on a chalk board,  such as a) information warfare that divides and censors the population, b) cyber attacks that cripple computer systems for
communication, and supply line infrastructures of food and energy, c) even including the use of  weather warfare that create drought and massive fires in the West, hurricanes in the East, and floods in between, destroying food crops, poultry and beef production, d) blockage of imported goods, e) sabotage  elections around the globe with bribes and coercion, f) massive infiltration of refugees in Europe and the U.S.  of young males of unknown character, g) create a global panic that induces populations to line up for an experimental vaxx with unknown components h) then move to a strategy of a stealth physical assault using bioweapons that come in an injection form that slowly kill off vast amounts of  global populations.  So glad and relieved this is just a war game scenario, much of which is described in a Chinese military manual called  Unrestricted Warfare (1999), and none of this, according to network media, is actually happening. 
10-18-2021
PARALLEL BUT OPPOSITE WORLDS APART? PLUTOCRAT VS THE SOVEREIGN
Futurists are offering two similar but totally different worlds, and the decisions to be made are coming very soon with nothing in between. Plan A offers guarantees of security and a base monthly allowance to survive on.  Essentially, it comes under the banner of equity for all and called The Global Reset. This is not to be confused with equal opportunity for all as that motto has been discarded.  Instead, the principle relies on  government and world's richest elites --(see MONOPOLY – Who owns the world video?  or a condensed version, Know Thy Enemy), controlling all as a global plutocracy--  with  a handful of elites controlling the means of production and distribution and allegedly split into equal parts to the population at large. For starters, there will be no single family homes as apartment units are distributed equally based on size of household, which in turn, will be dictated by government  Already, the Federal government is dictating to local governments what can and cannot be built in their communities, and the movement afoot is to allow multi-family units in single family zoned areas (see July 10, 2020 article below). Ultimately one of the elite creators of this plan , Klaus Schwab, summed it up.  By 2030, "you will own nothing and be happy." Transhumanism is part of their agenda, promising you will be smarter with nano robotic implants allowing access to the internet of things.  Problem there it is a two way street and the system has access to your brain and functions.  And then there is Plan B, part of which has already begun, and will revolutionize existing structures of centralized control (generically called devolution) and produce new freedom as sovereign people, not chattel property under the old system, localized government functions, secret technologies unveiled, creating  prosperity the world over.  But the first step is clearing out the old guard  who have been in control for centuries, which could get somewhat messy, but all John Q. Public has to do  for now is just stay alert and say No to the old guard and their suppressive moves. 
08-11-2021

EVOLUTION-REVOLUTION-DEVOLUTION  II

THE PRECIPICE: SITE UNSEEN ?

With recent government mandates for  forced vaccinations that are clearly documented to kill or maim (VAERS reports over 12,000 deaths and 14,000 permanent injuries as 7-30-21--click here for latest figures,  and some estimate around 50,000 or more because the system is voluntary reporting), this all happening even when the cure rate from the virus symptoms since the beginning of the so-called pandemic  stands at 99.5- to 99.98% depending on age and immunity system.  Bottom line is death from COVID-19 is no greater than a bad season of the flu.  In fact, John Hopkins study of 48,000 cases recently found that there were zero deaths from COVID-19 for healthy children and simple solutions like HCQ cure it, yet government vaccine mandates are being announced for teachers and public workers. This despite international laws that go back to Nuremberg in the '40s that require "knowledgeable" consent. Mask mandates are back even though CDC said they were ineffective over a year ago.  Biologists say this isn't a vaccine but actually more like a biological operating system. This main street (as opposed to Wall Street) fear is showing up in latest consumer confidence report, suddenly plunging to the lowest level of 04/2020 with the COVID initial scare.  Just days ago,  Wall Street analysts were honing in  on key questions like: will it keep rising amid COVID variant rise? While that might be a legitimate question if a variant could actually be identified, or even COVID-19 itself, but the CDC admitted recently their PCR tests can't even differentiate between a cold or flu, or COVID-19, nor has the actual virus ever been isolated in the lab. Ask any lab technician if they can run a computer test for a specific antigen/virus when they don't have the sample, called the Standard, and the answer is " no." 

 

Believe it or not, Australians are facing their 5th quarantine and it's all about saving lives, or is it? The W.H.O. lists 948 deaths from COVID-19 in all of Australia since the beginning of the virus--and who knows, those could be all pneumonia deaths. In comparison, there were 3,300 Ausie deaths from accidental falls in 2020.  This just in:  "An Australian man says he was forcibly imprisoned in a mental asylum for having a “different opinion” on COVID."    So you think that Australian case can’t happen here and we nowhere near this precipice? It already has by way of Executive Order #83 signed by the Tennessee Governor, and no doubt will be duplicated in Blue states like California shortly.  In this Executive Order just signed they mix in a COVID emergency to address over-crowding, and includes mentally disturbed individuals.  This order suspends professional licenses and allows students to fill the needs, like ambulance drivers (Gestapo vans in Nazi days?). #7 section covers recruitment to cope with emergencies due to alleged overcrowding of care facilities (this a re-run of last year network news footage of phony lines of people in front of hospital only to find the next morning an empty lobby, and fake “temporary morgue” snapshot by NBC found to be taken out of a movie scene, to cold trucks awaiting to carry away all the bodies, without any bodies. Crisis actors wearing doctor and nurses uniforms—fool me once, you say? #8 Utilize the National Guard to implement compliance. #14 Authorize telephone assessment for involuntary commitment cases (see Australia story above).  #18 Construction temporary facilities for these involuntary commitment cases. Now is this not a throwback to Nazi separation of families and internment camps?  They already have FEMA camps built years ago and open and ready for business. The evolution of this line of   thinking goes back to eugenics and belief in the evolution of natural (or in this case, manmade) selection of superior groups.   That massive media green screen Wall Street and many others see as their background showing gently rolling pastures  disguises the fact they too are standing on a precipice.  In reality,  there's been a war against the peoples of the U.S. and other nation states for decades, a covert war that first stripped away manufacturing base, that created large trade deficits and dependencies on places like China . This asymmetrical warfare now being waged now becomes visible as cyber warfare on energy and supply chains of food and equipment, hyper-printing of currency that leads to hyperinflation, control of the flow of information, of energy, health, water and foodstuffs, large border intrusions, monitoring individual movements by requiring autos to be equipped with monitors (in the pending Federal legislation) creating policies identifying political opponents as potential domestic terrorists--and therefore mentally unstable,  and even weather modification systems (see HAARP) that destroy food crops with floods and droughts, and fires (see DEWs that incinerate buildings and leave green trees standing in their wake, and melted car wind shields requiring twice the heat of a wild fire) , massive election fraud to destabilize and control governmental bodies, and now a bio-weapon to disable the global population. Unlike a conventional war or revolution, this is an insurrection, and an expanded covert global war launched with infiltration from within each country. People in high and  influential places in each country and institutions are bribed and coerced. When some kid yells "the Emperor has no clothes..and he’s not even the ruler," or some such dream awakening moment, what happens when the markets come to and find themselves standing at a precipice with the media green screen of gentle rolling pastures removed, and staring down a 3,000 foot drop? It might just be that Black Monday moment of jumping back in fear. But John Q. sees a different picture: nothing but blue skies ahead as a Leftist tyrannical regime gets pushed down into the abyss. 

 "Devolution" is a system and the guiding hand behind this push down the abyss: under continuity of government rules established in 1988, E.O. 12656  a national security threat can trigger this for the military to take appropriate action.  In generic terms, it is also can involve decentralized transfer of power and decision-making to regional and local governments and likely becomes the talk of town halls in the future.  As a new system is borne, replacing the Petro Dollar with a gold-backed "Treasury Note" (swapping out the Federal Reserve Note Dollar for Dollar, and involves a totally decentralized  digital currency controlled  by the individual owner). Once order is restored,  the markets will fall right into that Gate # 3 ride option described below.  The first sign of the switch-over to this QFS is a momentary internet shut down to link the thousands of Star-Link satellites creating a whole new financial system that $freezes$ out all bad actor infiltrators around the world, and introduces revolutionary technology that uplifts the global population. Now that all seems quite a dream, but  indications are that this paradigm shift is right around the corner.  

WORKING IN A COIN MINE ?

Apparently we've come a long way from working in a coal mine (and the song that describes the agony) and now talking about mining digital coins.  A computer mouse is the substitute for a pick axe and shovel.   Yes, it's a lot of work--but all done by the seat of your pants in front of a computer terminal with as many breaks as you want.  A digital miner isn't thinking about shoveling coal, but more like gold. His/her job is to basically  audit a block of data, called a block chain (1MB in size), to make sure there are no duplicate coins being sold, with the prospect of earning over $400,000 when doing a number of these, but only if you are the first to complete the task of guessing what the new block chain number would be and necessarily a number less than existing block chain numbers.  With millions of potential miners and only one winner guessing the closest number to a 64 digit number, the need for a large excavator is necessary.  In the computerized world, that's a machine that might cost $10,000 to compute number strings very rapidly.  Old fashion  panning for gold seems a more attractive alternative.  The hallmark of this massive audit system by individuals is not what the global controllers of currency like to see happen as one can imagine.

The downside is that these coins are only as valuable as what the next person will pay for it, as there is no tangible asset attached to it.  Don't look now but a new system backed by precious metals is about to sweep the world--but won't materialize until all systems are a go. For now, look to the stars, or more specifically, Starlink.  

A MATTER OF A COIN TOSS/ or  CHAIN LETTERS DIGITIZED?

The future is now: block chain securitized digital coins in real estate transactions.  While bit-coin and its many cousins have no real tangible asset basis other than what you can sell to the next bidder, there’s a new version on the digital coin currency backed by real assets.  Now recall chain letters back in the 80’s with the promise of many checks coming to you if you will send a check to a few above you, and you’ll get multitudes sending you money below you, depending on your position in the chain letter. If you fail to send, you ruin that portion of the chain.  Being one of the first on this inverted pyramid definitely beats being the last—and also considered illegal (the only legal pyramid scheme currently operating is called Social Security, where receipt ants are dependent on contributions from the many below—whose numbers unfortunately are smaller than the current receipt ants).  The first asset-backed block chain digital coin will now be on display and backed by the assets of a mixed-use condo/commercial project in Miami. Imagine for a moment if tax rules of the game on capital gains disappeared involving the buying and selling digital coins of any sort—just an account that either grows or shrinks in value.  You sell it and decide which new coin you want.  Like a money-market account where you park your Dollars today, instead you park them into another asset-back digital coin called the U.S. Treasury Note backed by gold, where you use it to pay your bills and purchase your daily needs. This coin can also be converted to any nation’s asset-backed digital coin-- the value of that nation’s coin being dependent on GDP and population.  Yes, population is an asset, but it is largely measured by the productivity of the population (ie, populations just sitting on their duff collecting government digital coins without producing anything of value would translate to a coin worth less over time).  This new system on the drawing boards is dubbed Quantum Financial System (QFS) and the main hallmarks are that a) it has the smarts (quantum computing) that can root out bad money in circulation and only accept and convert legally earned domestic and foreign currencies of each person (illegal assets are seized and redistributed) and b) all accounts are individually controlled by the holder without government or other bureaucratic involvement.  This cuts out a huge layer of middle-men handlers, who historically have done a very poor job of handling other people’s money, raising and lowering interest rates, manipulating markets, and printing endless notes that erode in value (these days, the Feds can just add a decimal point to expand money supply).  This is far different from the financial reset plans of the globalists who would control the digital currency.  Some say this QFS is far beyond a conceptual level and running parallel with existing monetary systems, ready to be activated on a global scale when the legalities and conditions are ripe. 

CONDO CONVERSIONS OF A DIFFERENT SORT (?)

Future Real Estate add in 2033:  Looking for new space, but not interested in an exploratory trip to Mars? This is one of many planned unit developments (see disclaimer*) called Oasis Gardens springing up down under in downtown Lower Manhattan project (and we do mean “down under”).  Escape the hustle and bustle and go to new depths with us.  Featuring a perfected climate controlled environment full of miles and miles of rivers, and lakes, and valleys and streams, and beautiful sunsets, together with a variety of simulated cityscapes like Venice, Italy where gondolas roam and take you  through unique venues like the Hanging Gardens of Babylon and finest of Italian restaurants.  Have an appointment in our Los Angeles business center? You need only 40 minutes travel time from NYC as we link our underground rail system that travels on a cushion of air and in a vacuum that allows speeds up to 1000 mph.  A similar electro-magnet air cushion ride also takes you up and away shopping along the old Park and 5th Ave venues, and returns you effortlessly 5 miles beneath ground level to your unit.  

*(These are reconditioned deep underground military bases, aka D.U.M.B.s. with decommissioning  process having started in 2021.  All efforts have been made to remove munitions and weapons, but we cannot guarantee this).

04/24/2021
TRANSFORMATIONAL EVENTS & FUTURE TERMINOLOGY BE YOUR GUIDE ?
Outside the news of the day flows potential news of tomorrow that would affect the real estate industry and the world at large, so it will be interesting if these terms floating around now on the internet become mainstream  news in the future.  Already discussed but now in mainstream news are recent  confirmations by U.S. Navy  officials that the videos of UFOs are authentic and taken by military personnel.  Combine that with our report below  on   
June 4th, 2019 titled: SIMPLY REVOLUTIONARY: PATENT BEYOND PENDING where the Navy filed a patent on an anti-gravity aircraft, it doesn't take much imagination to recognize that we are in a transforming set of events.  The only question is who is doing the piloting.  Many say the triangular ones, called TR-3s,are ours, and the design sketch matches that in the Navy patent link U.S. patent #10,144,532 B2  dated December 4th, 2018 so still some info being held back, but what a way to cut commuting time as these crafts are estimated to travel from New York to Europe in 8 minutes.  This futuristic term has not yet made it to Wikipedia just yet but on the lips of many who hope for cures of things that ail them, including  missing limbs.  This technology, called Med Beds, is claimed to be part of the secret technology hidden, just like Tesla's free energy device, and  part of major disclosures coming down the road.  Imagine the impact of free energy, transforming huge deserts (Sahara the size of continental U.S.) into arable land as desalination plants deliver potable water on the cheap across continents.  Microwave technology that reduces trash to it's original molecular form for recycling is now available but totally non-functional due to high energy costs.  Geo-political terms to watch for in the near future  are "interregnum." Try this one on for size:  "quintrillion" which skips right over quadrillion but only a few whisper this set of trillions as a measure of global assets.  It's size is analogous to dividing it up and giving  over $1,000,000 to every man, woman, and child on the planet.   Terms like " sovereign individual" vs "chattel" could be common talk that follows terms like  The Republic of the United States vs United States of America.  While all these terms  fit in a folder called  "future scenarios,"  their application would amount to an epic transformational change the likes of which  the world has never seen.    

NIGHTMARE BEFORE CHRISTMAS 2020--FOR WHOM THE BELL TOLLS?
While mainstream media continues to read duplicated scripts sent from high above, and censoring scripts of others, there's a look of  calm in the tell-a-vision news rooms  that masks the uncertainty of whose really in control, and who is going down with the ship.  Exactly which ship is what keeps those nightmares alive.  But like two giant bull goats squaring off for a major headbutt, a political clash heard around the world is in the making and will shape the world's  future.
levels, freed of the conspiracies of silence that hid the evil for decades upon decades.  Exciting times are ahead after the battles that lie ahead, and will usher in secret technologies hidden by these demons who seek domination over mankind--employing human puppets we all recognize.  Though they try to hide underground, just like blood sucking vampires, the light of dawn is coming after  November 4th and melting them away.
September 9th, 2020
ALL IN THE NUMBERS 
Commercial business and buildings shuttered, life savings for small and mid-sized business depleted, unemployment benefits squeezed, schools shutdown, keeping working parents without options,  and all because  a deadly pandemic is sweeping the nation, or so it is said.  Record New Cases is the typical daily  headline, but read between the headlines and they now testing for "corona virus" antibodies that can be triggered by the common cold or flu.  Far more encouraging is a chart straight from CDC website that  shows death count from COVID is hitting pre-COVID levels.    While  John Q Public is forced to wear a mask that ignores the scientific fact that the best masks only stop bacteria, which is 10 times larger than a  virus (analogous to a basketball passing through a hula hook), the big picture numbers are found in the total deaths from all sources.  In 2020 thru 9-4 *, CDC gives a total of 1,894,4477 (divided by 8.3= 228,246/mo.). Yet CDC records state  there were 2,813,503 total deaths in 2017 (divided by 12=  234,458/mo.).  At the current 2020 pace,  the U.S. is  going to come in short on  "all deaths" for the full year compared with 2017 by about 24,000.  And they call that a deadly pandemic?  Medical historical charts will show this a small blip on the screen, but the economic fallout will be a large one as many will have no jobs to return to., and no money to pay rent or mortgages.
 
*(Note CDC figures updated weekly, so will show increases but still running behind 2017 averages). 
July 10th, 2020
REALLY RAD MAN/ WHY DON'T WE JUST ABOLISH SUBURBS?
What's the most destructive force in real estate, bar none, coming to your neighborhood right after the elections?  No, its not roving gangs of rioters and looters (necessarily), but it is a force that  was conceived  and grown in a laboratory-like think tank where distant planners thousands of miles away we'll  call the RAD conceived of the ideal way you should live, the environment you should live in, disguised as being in the interest of  fair play and for the betterment of  citizens the world over.  But the deeper one digs, it is more about centralized government control of  populations, and it only takes a few signatures to put the plan to work.  In the Obama Administration, it laid dormant as the AFFH, or Affirmatively Further Fair Housing. awaiting the inauguration of the next President in 2016.  The plan would effectively sweep away suburban living and plant Section 8 apartments near your doorstep , no matter where you live, or what your local zoning laws allow.  Now toss in open borders, and all citizens of the world  unfairly discriminated by U.S. citizens on where they choose to live, (Washington DC and surrounding areas of course exempt) and you get the picture.   If you like this plan, you will love Agenda 21, a non-binding resolution by the U.N.  also sitting dormant awaiting approval of  the right mix of politicians to approve U.N. control of  U.S. planning.  One look at the map and you will find in the future plans that we''ve all vacated California and somehow were encouraged to move to high densities, packed into the  East .  Like comedian George Carlin once joked about this global force, "its a big club and you ain't in it. AFFH is now part of the official policy platform of a very large  and formerly traditional party , and party members with  a D in front of their names on a ballot, but there is nothing traditional now about this party  Try a better name  to remember when heading to the polls like RAD,  The Radical Agenda  Driven Party--  definitely  not a party of your parents, that's for sure. 

May 24th, 2020
BRAVE NEW WORLD 2020 SCI-FI(?)
What once was required reading in high school, these two books are gathering several decades of dust on them.  Summary from Sparknotes:  "Like George Orwell’s 1984, this novel (Brave New World) depicts a dystopia in which an all-powerful state controls the behaviors and actions of its people in order to preserve its own stability and power. But a major difference between the two is that, whereas in 1984 control is maintained by constant government surveillance, secret police, and torture, power in Brave New World is maintained through technological interventions that start before birth and last until death, and that actually change what people want. The government of 1984 maintains power through force and intimidation. The government of Brave New World retains control by making its citizens so happy and superficially fulfilled that they don’t care about their personal freedom. In Brave New World the consequences of state control are a loss of dignity, morals, values, and emotions—in short, a loss of humanity."
 
 
November 8th, 2019
HIGH HOUSING COST ELEPHANT IN THE ROOM ?
Bloomberg just published an extensive article with charts on the reasons for the high cost of housing in California called
How California Became America’s Housing Market Nightmare, but missed the elephant in the room when they charted rising costs over the years.  The chart appears under the section titled Housing Costs by State, trying to illustrate that California was higher than other states throughout time.  But what is very obvious is that the costs in all states, including California, were small stair steps of increases up until 1970.  But we all know  what followed in 1971:  Nixon removed the Dollar from the gold standard  and the stepped increases grew very large thereafter. Wage earners could not keep pace with this new embedded inflation where the Federal Reserve could now print money without the gold to back it up in order to finance government operations (like the Vietnam War)--thus the hefty gap between wages and housing costs that we have today.  To top it off, the writers suggest that Prop 13, an attempt to cap rising rates on property taxes back in 1978,  has had the effect of increasing housing costs.  So instead of suggesting to extend Prop 13 caps on today's homeowners' annual increases, they suggest eliminating the cap altogether. And the final suggestion is to allow the State to dictate zoning changes, so you could very well be staring at high rise  buildings shooting up  in your SFR subdivision with all the pros and cons of Section 8 Housing to follow.    You just can't make this stuff up.

October 6th 2019
FLIPPING 101
Students sold on the art of flipping properties with no money down likely found themselves a few hundred dollars poorer following these too-good-to-be-true sales seminars, but there is hope yet.  Now the pitch has switched to buying unit properties under market value with no cash involved, and it is easier than flipping single family units-so come on back for more training!  Another magical claim running is a real estate company that has an exclusive database of over 5,000 buyers ready to buy your listing.  Obviously that means this mountain of buyers are being held back from buying other listed properties outside of this company's listings.  Does an MLS listing reach thousands of potential buyers? Yes, indeed, but there's nothing exclusive about that. 
GLAD TO BE HERE IN S.D. (?)
Investor's Insider just now published a list of the 50 most miserable cities in the nation, and the winner is described by a drug enforcement agent who grew up in the area.  He told The Guardian in 2017: "We used to be the murder capital of the US, but there is hardly anybody left to kill. We used to be the drug capital of the US, but for that you need money, and there aren't jobs or things to steal here."   One common theme is these cities once had great promise, only to collapse from a shrinking job base, having relied mostly on a single type of industry.  One of San Diego County's claim to fame is on its diversity in the job sector: computer technology, bio-tech and medical research, military and defense contractor base, tourism, manufacturing,  and the many sub-services that provide for  these main sectors. As the job market goes, so goes real estate.
June 4th, 2019
SIMPLY REVOLUTIONARY: PATENT BEYOND PENDING 
Try to imagine an invention that would totally change the landscape of real estate and literally every industry on Planet Earth, and the people that inhabit it.  This U.S. Navy patent would do just that. Technically, it is U.S. patent #10,144,532 B2 and dated December 4th, 2018, and titled  CRAFT USING AN INERTIAL MASS REDUCTION DEVICE.  Simply put, an anti-gravity craft, which alters the gravity waves around the craft, allowing for incredible speed which can take travelers from New York to Europe in 8 minutes, and you don't have to sit down since G-forces are eliminated. It allegedly also works underwater at great speeds and in space.  While many report sightings of these triangular shaped vehicles flying about,  the caveat is that a patent does not mean the invention is operational, so dream on George Jetson commuters. Zoom around internet search engines for more articles and click here for patent.

June 25th, 2017
Building No Match For Superman?
While Superman was known to leap tall buildings in a single bound, he might get his cape caught on this skyscraper just now built in LA,  known to be the tallest building west of the Mississippi.
Tiny Housing In New York
So rents here in San Diego from $2400 to $3000/mo.  getting you down?  Check out this 302 sq.ft. model  in this price range, only to be outdone by capsule hotel room in Japan.
April 7th 2016
Reverse Gears (?)
The expense of raising Donnie and Marie make you proud but penniless empty nesters now.  What should have been a savings nest egg of golden nuggets going into retirement was whittled away by the high cost of college and other modern day necessities.  With a mortgage payment eating away at half your retirement income, what's an otherwise successful couple to do?  Enter the reverse mortgage.  With all that hard work now  history,  take your home and turn it into a productive use for the rest of your lives.  A reverse mortgage will completely eliminate that mortgage payment and avoid the potential of losing that nest called home sweet home.  Contact us today for a free custom printout emailed to your door.  We only need your names, birthdates, and property address.
March 31st, 2016
New Mortgage Products To The Rescue
For self-employed would-be buyers and homeowners seeking better mortgage terms who are tax return challenged, new fixed rate products are now available, and only require either bank statements or a simple unaudited profit & loss statement. These loans are not saleable to Fannie Mae or Freddie Mac so there are other credit restrictions and loan declines a borrower may tyically run into that may not be the case with these programs, so call 619-390-4042 or write for details and loan summaries.
December 7th, 2015
Traffic Report
While San Diego commuters at rush time might disagree, a new report shows San Diego was ranked #1 in the nation under the category of Least Wasted Fuel per Auto Commuter.  Our neighbor to the north got #1 Worst Traffic Congestion and a good part of the reason is that planners there canceled much of new freeway systems in hopes more would head to public transit.
November 25th, 2015
The Rain Falls Mainly On the Plain
But back in 1916 and today in San Diego, our topography says there are no plains to drain the rains. One hundred year flood  maps are designed to be warnings to obtain flood insurance.  Most all lenders now require flood insurance if the borrower's property is in a flood plain. But back in 1916, when the City hired a rain-maker to combat the drought plaguing our region, no insurance was required, and  the scientist that was offered $10k to bring the rain-- which turn to floods-- was not paid at all. Click here for the full story

 

 

Recommendations
I am writing this letter in support of the succcessful effort put forth on our behalf by Mesa Pacific and specifically for the work done by William Ray.  We listed the property  with a nationally recognized real estate agency.  The property did not sell.  Frustrated and disappointed after our six month contract expired, we contacted Mesa Pacific. He came in with a positive attitude and many great new ideas to prepare the property for sale.  We also were excited about the opportunity to save substantial money on the commission rate they asked for.  Our property was sold in 30 days after signing with Mesa Pacific and for the amount we had originally targeted.
 
__________________________
I would like to recommend the services of Bill Ray at Mesa Pacific, who assisted me in selling my home on Brian Way in El Cajon, and purchasing a replacement property.  Bill Ray made me an offer I could hardly refuse using his no cost listing program, which saved me some $13,000 in listing fees other brokerage firms would have charged. 
 Bill Ray was absolutely invaluable when it came time to sell my mother's rental property.  My mother had passed away and I live a considerable distance from the area.  Bill is very knowledgeable about the local real estate market and was able to provide me with the information I needed to make necessary decisions.  I listed the property with Bill and have been really happy with that choice.  The property was in really bad shape and needed a lot of work. Bill went way above and beyond what he needed to do in order to help prepare the property for sale.  He researched contractors, obtained estimates, and oversaw the repairs

"We purchased our home in beautiful Eucalyptus Hills and would like to recommend Bill Ray of Mesa Pacific Mortgage to anyone seeking the best mortgage pricing and professional services.   We received a VA loan quote from our credit union and Bill´s pricing beat the credit union by $6000.  In fact, the lender credits through his wholesale mortgage company paid all of our closing costs and tax & insurance impounds, so we ended up paying nothing out of pocket, and received our deposit back at close-- and all on a 30yr. fixed-rate loan."

 

We compared mortgage prices and Mesa Pacific beat others by far in rate and cost.  Bill Ray helped us locate and negotiate the purchase of the home at a price under the appraised value, and provided a cash rebate at close in the amount of $4,100.