A simple fix is needed, and it's a long way to Tipperary. What does JtR do?
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Month: August 2015
Boomer Liquidation Sale On Hold
The baby boomer liquidation sale has failed to materialize....so far. Boomers are holding onto their old homes longer, and living the good life instead: LINK Baby boomers are not leaving the homes they own to settle into apartments, as housing economists had...
Inventory Watch
No big drop off in inventory yet - just four fewer listings today than there was a month ago. It happened like that last year too, just a 1% drop between the end of July and the end of August. In 2014, the inventory was steady through September, and then only declined...
Sandicor Sanctions
This was included in the NSDCAR weekly update today: MLS Rule Sanctions are on the Rise - Avoid Being Sanctioned by Sandicor Below are just a few of the most common rules that MLS subscribers are sited with. People and For Sale signs are not allowed to be shown in...
Chinese Buying to Accelerate?
Excerpted from an article in BI: Chang's client is one of the group of wealthy Chinese caught in between a rock and a hard place: Leave their assets in China to potentially weather additional market volatility and yuan devaluations — or put it in real estate that is...
Terramar
Restricting McMansions
From the Union-Tribune: Encinitas will explore ways curb the construction of oversized homes that neighbors call “McMansions,” while attempting to balance the rights of property owners. Councilman Tony Kranz, who brought the idea forward at a council meeting...
Real Estate and Wall Street
An article from the latimes.com trying to scare up some fear about the stock market woes this week, with a couple of good quotes about China: http://www.latimes.com/business/realestate/la-fi-socal-housing-20150829-story.html An excerpt: Tom Berge Jr., president of the...
CV New
A brief tour of a new home in Carmel Valley:
Low Inventory Driving Markets
Could prices keep going higher? Yes, due to the lack of inventory. It is a game-changer that we haven't experienced before - usually as prices rise to new levels, sellers tend to flood the market to get out at the top. Not this time. Our local NSDCC inventory has...
