A favorable report from the wsj.com on holiday sales: http://www.wsj.com/articles/holiday-sales-real-estate-deals-often-surge-in-december-1450364907 An excerpt: From Thanksgiving through New Year’s Day, there are 20% fewer $1 million-plus listings, and they spend an...
It's different but improved this time? From the latimes.com: http://www.latimes.com/business/la-fi-new-credit-score-20151220-story.html An excerpt: Alternative types of credit scoring have been around for years, taking into account factors not always captured by...
The C.A.R. legal department issues contract revisions twice a year, and they tend to be ticky-tack minor changes. But the 2016 listing agreement will include a new paragraph that has sellers agree to pay for pre-sale reports! When used correctly by listing agents,...
Hat tip to Eddie89 for sending in this article from scpr.com: http://www.scpr.org/news/2015/12/15/56174/who-will-be-living-in-downtown-la-s-new-mega-condo An excerpt: Construction workers in downtown Los Angeles are racing to finish Metropolis, the biggest mixed-use...
Architecture firm Olson Kundig, have designed Studhorse, a home for a family that loves adventures, located in Winthrop, Washington State. The house is situated in a place where the climate ranges from hot, fire-prone summers to winters that have heavy snow. The...
With a little new paint and flooring plus a couple of lights, our buyers were able to bring an original 1970's tract house into this century:
The impact on mortgage rates from yesterday's Fed move was priced in already, and it's doubtful we will see any short-term change in our local real estate market conditions. But the Fed also indicated that they intend to 'gradually' raise their target range for the...
The Fed made their move....finally! Here's a good explanation from MND: Mortgage rates moved just slightly lower today, despite the long-awaited Fed rate hike. Once again, that's LOWER mortgage rates and a HIGHER Fed rate. Here's how that works: The rate that moved...
A story with great examples of golf courses being closed across the country, and many being turned into real estate developments. From the nytimes.com: BOCA RATON, Fla. — Weeds, crabgrass and fallen palm fronds cover the wildly overgrown greens of what was once the...
