Here are the new actives/new pendings for the first week of October: Year New Listings New Pendings 2013 80 61 2014 78 54 2015 83 53 Until we see some disruption, it looks like the market is all ahead full! Click on the link below for the complete NSDCC...
These guys are confident the Fed won't be raising rates for a while - one says it won't be until 2020. In the meantime, 30-year jumbo fixed rates are back into the mid-3s (WFB advertising 3.625%, APR 3.641%), creating an ideal selling season when you'd least expect it!
Equity is back, so it's no surprise that homeowners want to tap into it. And little by little, the lenders are happy to oblige: http://newsok.com/article/5450439 WASHINGTON — Americans are tapping into their home equity at a pace not seen since the housing bubble...
I love Dr. Housing Bubble, one of the best real estate doomer blogs ever, and still going strong. He did plug San Diego as the best housing market in the West, according to the latest month-over-month Case-Shiller data, but the comments erode quickly:...
Enjoy local architecture in October, with lectures, exhibitions, and tours scheduled throughout the month - from the UT: http://www.sandiegouniontribune.com/news/2015/oct/02/archtoberfest-architecture-design-tours/ Fantastic opportunities in the second and third...
During the bank-owned/foreclosure era, lenders were adamant about squeezing every last penny out of a deal. They insisted on their escrow and title companies, refused to do any repairs, no termite work, etc. You should just feel grateful that they decided to...
Hat tip to the reader who sent in this good explanation about variable-range, or value range pricing: http://www.zillow.com/wikipages/Variable-or-Value-Range-Pricing-for-Homes/ The author takes a neutral stance, and notes that it hasn't caught on much outside of San...
