Spencer took a crack at Redfin yesterday, and more: LINK An excerpt: Zillow Group CEO Spencer Rascoff isn’t worried about the threat of newly-public Redfin — but he thinks the rest of the real estate industry should be. He made that clear during a conference call...
Hat tip to Carlsbad Mark for sending in this article! LINK More Americans are renting their homes than at any point since 1965, according to a new study by the Pew Research Center. The total number of households in the U.S. grew by 7.6 million between 2006 and 2016....
Love this little tidbit that was tucked in at the end of the article: LINK
It's hard to lower the down payment on a jumbo loan so any effect on the coastal regions is probably minimal, but this suggests that the stronger buyers are giving way or running out: Seen at CR and MND: LINK An excerpt: This month, in light of much commentary and...
Hard to feel sorry for the rich folks on this street...hat tip daytrip! LINK Thanks to a little-noticed auction sale, a South Bay couple are the proud owners of one of the most exclusive streets in San Francisco — and they’re looking for ways to make their purchase...
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!
