I was going through some old photos last night! Back in the day, Mike Anthony and I bought a duplex in the College Area. The lady in the back house had been there for 20+ years, and was a serious smoker. We don't think she ever opened a window - the nicotine on the...
Buying decisions that caused closings in early 2015 were stimulated by mortgage rates in the mid-to-high threes. Now that rates are back over 4%, and NSDCC inventory is about 18% higher than it was at the end of April, we should see the appreciation rate flatten out...
A fluff piece attempting to reveal something interesting, but they just want you to know that traffic at realtor.com has been growing since NewsCorp started advertising it: http://www.realtor.com/news/trends/hottest-housing-markets-june-2015/ Summer is officially...
More notes on staging and its effect on sales. Staging delivers a great first impression - it's probably worth it for that. But staging is just a component of the overall package needed to sell a house - especially for top dollar. Examples from the weekend: 1....
More optimism about real estate today, with the report of pending home sales up again. Tomorrow's Case-Shiller Index should add more frothy feelings! Click on the link below for the complete NSDCC active-inventory data: The UNDER-$800,000 Market: Date NSDCC Active...
Shiller discussing who should buy a house - those who have stable employment! Robert Shiller, an economist at Yale, won a Nobel Prize in 2013 for his analysis of asset prices, and his name is half of the much-watched Case-Shiller Index of housing prices. It turns out,...
No shortage of demand for the brand new high-enders. Here they've sold 100+ houses and lots already, averaging $2,000,000 or so for the houses. If you are on the lengthy list of waiting buyers (who had to pre-qual to $2M), is time running out? Do you opt for one of...
I heard an interesting comment the other day on broker caravan. The listing agent said, "Maybe we're all undervalued?", as he sat on his $6,000,000 listing with nobody else in attendance. If you judge it by the weather, he could have a point. If we have the best...
Our second installment in the staging series: http://www.zillow.com/homedetails/3056-Via-Mariposa-Carlsbad-CA-92009/16677360_zpid/
From sfgate.com: http://www.sfchronicle.com/business/networth/article/SF-home-buying-insanity-means-paying-1-6347687.php Bravo’s reality show “Million Dollar Listing San Francisco” debuts July 8, but I already have an idea for a spinoff — “Million Dollar Over...
