The State of California has already been cracking down on real estate "teams" or "groups" (click HERE), now New York has objected to the phony-baloney titles used by realtors. Hat tip to Sol for sending this in from the nytimes:...
The inventory counts should settle down in the coming months due to the sellers' perception that this is the off-season, and the distraction of the Chargers' run for the Super Bowl. The UNDER-$1,200,000 Market: Date NSDCC Active Listings Avg. LP/sf DOM Avg SF April 29...
An excerpt from Reuters: http://www.reuters.com/article/2013/08/18/us-usa-housing-dollar-analysis-idUSBRE97H01720130818 After hitting a three-year high in July, the dollar index .DXY, which tracks the greenback against a basket of six major currencies, has fallen...
If higher rates cause buyers to be more discriminating, wouldn't prices drop to compensate? Not necessarily. It will mean fewer sales first. The wealthy are doing just fine, and a little blip or two in rates or prices won't deter them from buying the top-quality...
Because price is so important to making a good first impression on the buyers, it would make sense to make it attractive....and realistic. This price sounds like a mistake - or a joke. P.S. Former owner paid $898,500 in 2005 and financed 100%.
A panel discussion about Asians buying real estate in America:
A house where someone-in-a hurry-to-find-a-single-level-on-a-golf-course will probably overpay, and spend the next 6-12 months mumbling to themselves:
Historically it is very rare to have pricing go up 20% in a year. With prices skyrocketing, wouldn't you expect sales to slow down? Or wouldn't buyers at least become more selective when they are forced to pay substantially more, in many cases six-figures more, than...
This Carmel Valley house with minimal upgrades (refaced kitchen cabinets) but nice exterior was listed on May 31st just as the frenzy was peaking. It listed on the range $999,000 - $1,099,000, and the buyers snapped it up during the first six days on market (and paid...
Here's a look at the only new development underway in SE Carlsbad. There will be a total of 98 houses built here by Davidson and Taylor Morrison:
