In September, I touched on the Big Stagnation: https://www.bubbleinfo.com/2017/09/02/the-big-stagnation/ Just talking about the GOP tax changes could slow down the market. Because the N.A.R. and others are suggesting publicly that home values could drop 5% to...
Month: November 2017
Rising Rents = More Homeless
Rising rents are the main culprit of the growing homeless problem: http://www.cbs8.com/story/36773396/tech-housing-boom-creates-homeless-crisis-on-west-coast An excerpt: "I've got economically zero unemployment in my city, and I've got thousands of homeless people...
$3 Million Oceanfront
This just closed on Friday for $3,000,000 - the sellers paid $1,850,000 in 2012:
Lease-To-Own
This could pull demand forward - in Seattle, Atlanta, and Cleveland so far: https://www.divvyhomes.com/ How does Divvy work? Divvy is an innovative new option that combines the best of renting and owning. Our program is 3 years long, and allows you to rent with an...
Inventory Watch
There were a truckload of listings that expired on October 31st, so even though we had 84 new listings this week, they were mostly relists. The net total inventory was actually eleven fewer listings from last week. But we have had an explosion of inventory under...
NAR 2018 Forecast
The N.A.R. Annual Conference is wrapping up this weekend. Yunnie revealed the N.A.R. Forecast for next year: Existing-home sales will finish 2017 at a pace of 5.47 million, the best volume in 11 years, but only a scant 0.4 percent higher than last year’s 5.45...
Qualcomm Takeover
The takeover of Qualcomm has been announced - once it goes through, expect that more employees will decide that not selling their house is a good idea: Broadcom Ltd. is considering a bid of more than $100 billion for Qualcomm Inc., according to people familiar with...
GOP Tax Reform
From HW: The Republican tax plan is in, and an investigation reveals one place stands to lose far more than any other under the new plan. To recap – the Tax Cuts and Jobs Act will slash the mortgage interest deduction in half from $1 million to $500,000, double the...
Selling Strategies That Can Backfire
Good tips from realtor.com: When you're selling your home, you might imagine you hold all the cards. And you do—sort of. But it's easy to become overconfident in a seller's market. If you don't do a reality check, pronto, you could end up sabotaging your sale. So...
Healdsburg
For those who might consider moving to the hills and building a dream home, here is a good look: For more on the architect and others involved, click below: LINK