Some home inspectors are notorious for having terrible bedside manner. In this case, the inspector mistakes worn-out carpet as a sloping floor, and scares the first-time buyer right out of escrow.
Home Inspectors That Kill Deals
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Year: 2016
Housing Data Rodeo
Rich Toscano's latest housing data rodeo: http://piggington.com/november_2016_housing_data Considering the higher pricing, this year has been spectacular, statistically. Thanks Rich! Save
We Need Another Movie
In the film, Giorgio is pursuing how housing became the critical component of the middle class. The racial injustice is real - agents will tell you that we still see it regularly in the C.C&Rs of older neighborhoods that blacks were forbidden to own there....
COST/SQFT
Giorgio's movie is wrapping up - here is the trailer: Cost per Square Foot is a documentary film project about the singular and perverse nature of the American housing economy. Though much has been written and filmed about the 2008 housing collapse, we seem to have...
N.A.R. Forecast 2017
Just two months ago, on October 5th, the NAR prediction was for 6 million existing home sales in 2017 - they have backed it down to 5.5 million now. Fannie, Freddie, and the MBA are predicting 6.2 million and higher, but the 5.5 million looks more realistic. We...
This Weekend
Two big shows this weekend. X is playing four nights at the Casbah (I'll be there on Friday), plus Stevie Nicks and Chrissie Hynde are playing at the Fabulous Forum on Sunday:
More Than A Fed Hike
A bad day for rates - mostly because they look like they will keep going up in 2017. Elective sellers won't budge until they get 1-2 years' worth of proof that the market won't support their price. http://www.mortgagenewsdaily.com/consumer_rates/688422.aspx Mortgage...
A Realtor’s Life
Another Disrupter
Sounds like Zillow's Make Me Move, but they charge 1.5% to 2.5% which sounds like a brokerage - and they are going to start it in New York. Whoever spends millions on advertising could win:...
Del Mar Beauty
Remember when Carson Palmer bought the hilltop lot in Del Mar at auction for $4,000,000, plus the 10% buyer's premium? This is what he built: Word on the street was there were offers that were close, but no sale - it was listed on the range $19,995,000 to...
