Spotlight

Market Update | April 28

Jon Granston | May 12, 2025

Filtering through this weeks headlines...

Top Headlines: Delivered by Advisory | Leonard Steinberg

April 28, 2025

01 Inventory Levels: Active listings have modestly increased, with about 1,991 homes on the market in Q1 2025, a 9.5% rise compared to the previous year. This uptick provides buyers with a broader selection across various price ranges.

(The Luxury Playbook)

02 Good things happen when you stay positive and keep moving forward.

03 Train Service Disruption: Emergency repairs due to landslide and erosion issues have halted train services through San Clemente, affecting routes between Orange and San Diego counties for several weeks

(LA Times)

04 As of April 28, 2025, San Diego FC (SDFC) holds the 7th position in the MLS Western Conference standings. Their current record stands at 4 wins, 2 draws, and 4 losses, accumulating a total of 14 points with a goal difference of +1

(ESPN)

05 Is Manalapan the next PALM BEACH? Some home selling prices might suggest similarities! Florida building code now requires roofs, windows and doors of ocean-front new builds to withstand winds of up to 170 miles an hour.

(WSJ)

06 According to a Grand View Research report, the global “mind, body and energy healing” market size (incorporating yoga, meditation and acupuncture) was estimated at $78.5bn in 2023 and is projected to grow year on year at 26% to 2030...including energy healers of homes.

(FT)

07 Lilo is an intimate, coastal-inspired fine dining restaurant that opened on April 17, 2025, in Carlsbad Village. Created by restaurateur John Resnick and Michelin-starred chef Eric Bost, Lilo offers a 12-course tasting menu priced at $265 per person (excluding tax, gratuity, and optional beverage pairings). The menu showcases seasonal California ingredients with Japanese and French influences, featuring dishes like dry-aged wild turbot with pineau sabayon and koji, and squab with burnt vanilla oil and laminated brioche.

Restaurant Lilo