Our head cheerleader keeps saying that the lower inventory is the main reason why there have been fewer home sales nationwide: Lawrence Yun, chief economist at the National Association of Realtors, says “Closings were down in most of the country last month because...
In spite of what seems to be a somewhat bloated end-of-summer inventory, the new pendings over the last three weeks have been very solid: Week New Listings New Pendings Jul 24 86 61 Jul 31 90 75 Aug 7 99 71 If the new-pending counts stay above 50 through September,...
The real estate market in our neighboring Orange County has performed much like San Diego's. Here, Jon outlines the 12 differences between the bubble days of 2007, and now: http://www.ocregister.com/2017/08/06/orange-countys-housing-bubble-10-years-later/ These stats...
Robert Shiller, like many of us, realize how housing has taken a dramatic turn from providing basic shelter for most Americans into a game to be exploited by the rich - to the detriment of the less advantaged. His latest article from yesterday's newspaper:...
The heavily-populated areas of California are prone to earthquakes - virtually all of Los Angeles metro and the Bay Area are in high-risk zones: But San Diego County's coastal region is relatively safe from earthquakes: Another reason to move to San Diego!
High-quality video with no talking, just eye candy: This contemporary house overlooks the Santa Ynez Mountains and Toro Canyon Park in Santa Barbara County. The living room and kitchen share the same space, and glass sliders open up to outdoor sitting areas. Perched...
Here’s some food for thought. Americans who own homes that are closer to a Trader Joe’s grocery store—as opposed to a Whole Foods or ALDI grocery store—saw higher home price appreciation, according to data from released this week from real estate analytics firm ATTOM...
New research from JPMorgan examining historic data found that the risk of a dramatic decline in prices is low, despite current fears of a correction in the U.S. and Canada. Using data from 14 developed countries dating back to 1950, JPMorgan's research found that...
My first attempt at Facebook Live, with no warm-up. I'll hold the phone horizontally next time, and shoot the video out the back of the phone because this view is reversed (be patient, it rolls out slowly here): Jim the Realtor on market conditionsPosted by...
If we charted it carefully, we'd probably find that there are hot streaks around the same time every year:
