A bit of a breather this week, which Doug would find humorous. But there was also another round of graduations that probably slowed the activity too. We should see a surge over the next 2-3 weeks as the selling season wraps up! Week New Listings New Pendings Feb 6...
Month: June 2017
Jim and Donna Open House
Open house at the best house in Vista - a sensational 3,189sf single-level house with pool/spa, full solar, and meticulously-maintained 2/3-acre flat lot with views from the top of the hill for only $979,000! Open 12-3pm both days!
Floating Homes
We should do these everywhere - hat tip daytrip: “There’s a lot of action and fun when you’re building a floating home,” says builder Marc Even. “There are also a lot of logistics,” he adds with a chuckle. Even is owner of Even Construction and builder...
‘Craziest’ Markets
From realtor.com: “With a record number of home buyers out there, this is officially the most competitive, fastest-moving spring housing market in decades," said Javier Vivas, manager of economic research at realtor.com. "Following a furious start to the season, the...
If There Was No Bubble
What would have happened if we didn't have the bubble/burst? This graph suggests we would have gotten here anyway, and it's probably true. The national 3.6% annual appreciation rate sounds a little rich, but we would have had strong demand from baby boomers setting up...
Reflections of My Life
https://www.facebook.com/doug.harwood.5
Fed Raises, Mortgage Rates Drop
Rates are under 4.0%, no points! From MND: Mortgage rates fell convincingly today, though not all lenders adjusted rates sheets in proportion to the gains seen in bond markets (which underlie rate movement). Those gains came early, with this morning's economic data...
Subprime is Back
From the wsj.com An excerpt: Lenders say there is an untapped market among borrowers with good credit scores like self-employed workers who don’t have proper income documentation, or for responsibly made loans to borrowers with credit problems that have had...
Price Coaching
A friend is trying to buy a house on the east coast, and finds himself in.....guess what.....another bidding war. He was hoping the listing agent would give him some help. He asked, "What will it take to win?", which is a logical question. But of course, the agent...
The Good Old Days
In its July 13, 1953 issue Life magazine ran one of many photo essays on the city of Los Angeles. This one focused on the immense population and development growth the city and surrounding area encountered in the late ’40s and early ’50s. Here then is a gallery of the...