This guy saw it like I did - that there would be "the great senior sell-off", but he had more concern that the millennials wouldn't be there to pick up the pieces. He is back-pedaling now on when it will happen - and I think he is just guessing. It will happen when it...
Here's a conversation with one of my favorite clients of all-time - an out-of-state buyer who just bought a house literally by video, and avoided the usual major inconveniences!
Interesting that San Diego County is mentioned as an area to which people are moving! Hat tip to JT for sending this in: http://www.latimes.com/business/la-fi-leaving-socal-20170414-story.html Excerpts: Huntington Beach residents Chris Birtwistle and Allison Naitmazi...
From our friends at John Burns Consulting, who have been very diligent in their reporting of market conditions over the years: Once again, we have completed our annual housing bubble check-in. Assessing the criteria that 73 industry executives identified in 2013, we...
The overall environment can be sized up by comparing how many houses have sold, compared to the number of new listings hitting the market. A surge of new listings can set buyers back on their heels. We could make that case about what happened last spring, when we had...
Coachella is coming up this weekend, and I've never heard of most of the bands playing. But Kayla likes this one, and with their name, we have to play it here!
Remember when we thought six months' worth of inventory was normal? We haven't been close to that for six years! How about 1-month's worth? Read Rich's latest data rodeo here (signs point to higher prices!):...
Here's another way to demonstrate the 'tight inventory'. In our MLS, all new listings throughout the county are sequentially assigned a listing number. Yesterday, I inputted a listing that got #170017800. The first two numbers are the year of the input. In previous...
H/T to Susie for sending in another edition of photos seen in the MLS: http://www.thebrokeagent.com/wtf-listing-of-the-week-clear-the-clutter/ Save
Are you surrendered to buying a home from a down-sizing baby boomer? Be ready for some unique features! When this turns into a sticky substance, the new paint doesn't stick well - I had a case where we were scraping the nicotine off the wall with razor blades!
