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:
Home buyers are hoping that higher rates will cause prices to come down, and while it could certainly happen - here are reasons why they won't: Prices have increased so much, so fast, that sellers are emboldened. If it would have taken the 5-10 years to bottom out...
Here are two Carmel Valley houses for sale that look similar on paper - but the market says they aren't. What are the differences that matter?
This is a typical bank form that all parties are required to sign in order to close a short sale: BofA short-sale addendum-broker cert The form requires that the deal is an arm's length transaction - and now we have some enforcement, at least in Nevada: A Henderson...
"It's on the way up now, and I'll bet it will go up for a while, but you can never be too sure" - Robert Shiller Blackstone and other investors will likely learn the lesson from the lenders that it is better to drip out the inventory in small increments. They can...
It sounds like this erases the record altogether - from C.A.R. Effective January 1, 2014, California’s anti-deficiency laws that generally prohibit a foreclosing lender from obtaining a deficiency against a borrower have been expanded to also prohibit the lender from...
Buyers on the lower end can rejoice that there is more inventory - there are 50% more houses for sale under $1,200,000 then there were in early May. Of course, all that means is that more buyers are holding back, and sellers aren't adjusting fast enough: The...
Are you thinking of dressing your house up with some new hardware? Maybe new door knobs, towel racks, or cabinet pulls? Here is a good source:
