This has to be one of the most irresponsible pieces of propaganda ever distributed by a trade group who is supposed to be helping their members. Declaring that people will lose more than 10% of your home's value is pure scare tactics, and it could cause a...
Year: 2017
The Slow Show
Is that me on guitar?
Urban Redevelopment
A vision of redeveloping Hillcrest similar to what's been done in Portland. With there being so much concern about less-fortunate getting shut out of adequate housing, every local municipality should be approving projects like this: Uptown Gateway District from...
Zestimate Cuts Loose
Dough sent in this change in his zestimate of his Carlsbad Aviara tract house - almost a quarter-million increase in the last 30 days! The accuracy of the zestimates haven't been getting any better, but think of the influence this could have on sellers and buyers!...
Custom Beauty in The Crosby
As if taken from the pages of Veranda, this extraordinary light infused masterpiece exudes warmth through the finest reclaimed and art-quality finishes. Set within the guard-gated Crosby Estates, the home enjoys serene views of the Crosby National golf course and San...
The Big Stagnation, Part 2
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...
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...