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...
Year: 2017
Seller Cancelling the Purchase Contract
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...
San Diego Home Prices by Tier
We've had quite a surge this year!
Inventory Watch
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...
What Homebuyers Want
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!
Home Unfurnishing
It's all junk now - do your kids a favor and ditch it while you can! H/T daytrip: http://www.nextavenue.org/nobody-wants-parents-stuff/ So please forgive the morbidity, but if you’re lucky enough to still have one or more parents or stepparents alive, it would be wise...
Results of Bank Settlement
Kamala Harris, who has been dubbed the 'female Obama', is likely to run for president of the United States - possibly as soon as 2020. This is a long article on her performance in public office: LINK This excerpt summarizes the impact from her $20 billion foreclosure...
Glen Campbell, R.I.P.
We lost an incredible musician yesterday; Glen Campbell. He was probably one of the first crossover stars, who started as a country session player and became a mainstream radio and TV star in his own right. This is the first remark in the Youtube comment section of...
Boomers Causing Gridlock
Hat tip to daytrip for sending this in! LINK An excerpt: People 55 and older own 53 percent of U.S. owner-occupied houses, the biggest share since the government started collecting data in 1900, according to real estate website Trulia. That’s up from 43 percent a...
Private Club for Realtors
There is one solution that would solve everything - start a new club. It was probably no accident that Mauricio ran this again on his Instagram yesterday, and it is a fantastic idea: They are advertising it as a pocket-listing website, but it could go big and offer...