Even the rich and famous have trouble buying a home.... LINK The “will they or won’t they” debate is over: Jay-Z and Beyonce have finally bought a home in L.A. Sources not authorized to publicly comment on the sale have confirmed that the rapper/hip-hop magnate and...
The economists like the housing market, but they are known to play it safe. How about the consumers? I'd prefer to survey the active home buyers and sellers in our area to get the best reading on our future. But here are the sentiments of 1,079 American adults over...
Home values continue to climb, passing $200,000 in June for the first time ever. A panel of more than 100 real estate economists and experts expect that trend will continue – while they say, on average, that there’s a 52 percent probability of the next recession...
Can't we all just get along?
Finally! What happens in Las Vegas will soon be able to start at San Diego County’s McClellan-Palomar Airport in Carlsbad. County of San Diego, Elite Airways and Cal Jet Air officials announced Wednesday at McClellan-Palomar that “Cal Jet by Elite Airways” plans to...
As you scroll over previous years below, you can see that the mid-summer surge we've been enjoying is more uniform this year: The median days-on-market time for last month's detached-home sales was about the same as last July - and creeping up lately (scroll over...
There are no back doors for sellers to cancel, unless the buyers don't perform. Thanks Bob for a great summary! LINK Breaking up is hard to do. So is cancelling a California real estate purchase contract. Especially if you are the seller. That is why, a little over a...
We've had quite a surge this year!
Last week's comment: "In spite of what seems to be a somewhat bloated end-of-summer inventory, the new pendings have been very solid": Week New Listings New Pendings Jul 24 86 61 Jul 31 90 75 Aug 7 99 71 Aug 14 76 65 August 14th: I said 'somewhat bloated' because of...
From the Bank of America Homebuyer Insights Report: The majority of homebuyers want a house that's ready for move-in, or close! Sellers - do everything you can to improve your home before selling! Buyers - consider the fixers to expand the number of choices!
