Thanks daytrip! http://www.kiplinger.com/slideshow/retirement/T010-S001-great-tiny-homes-for-retirees/index.html For retirees looking to undergo extreme downsizing, a tiny home might be the answer. The average tiny home measures 186 square feet. That's a fraction of...
Mortgage rates calmed down yesterday, retreating back to 4.125%, but with all the hysteria about Trump, things sure seem unsettled. How will we know if our local market is getting into trouble? Watch three things: Inventory/sales relationship High-end market...
How long can the hot market continue? It's up to the sellers. If they are willing to sell for what the market will bear, we'll keep rolling because there are lots of people who want to buy a house - it's just a matter of price. If the auction format gets more...
They speak about the future as if they have the crystal ball, and can state what will happen next year. Of course, things only get better: http://www.car.org/marketdata/marketforecast/ Following a dip in home sales in 2016, California’s housing market will post a...
Rates keep having bad days: Mortgage rates spiked abruptly today, bringing them to the highest levels in well over 2 years. The average lender is now quoting conventional 30yr fixed rates of 4.25% on top tier scenarios with more than a few already up to...
For the few that are actually affected, higher rates with a lower cap sounds like a wash - and if there are other changes/improvements of other taxes, any change in the MID would be negligible. But the impact on homebuyer psychology could dampen the demand....
There was one more business day last month than there was in November, 2015, but it's impressive to just keep up with previous years when we are at higher price points. NSDCC November Sales Year # of Sales Median SP Average $/sf 2012 241 $885,000 $415/sf 2013 187...
The Dandy Warhols performed in bars throughout Portland and became well known for their nudity-filled live shows in the 1990's:
Some degree of luck is involved on every sale.
We have already closed 202 NSDCC sales this month, which is the most November sales since 2012 - and we still have 349 sales pending! Pending home sales eked out a 0.1 percent gain in October. The National Association of Realtors® said its Pending Home Sales Index...
