Let’s look closer at the individual neighborhoods, and compare annual sales and pricing between 2016 and 2017: Town Zip Code 2016 Sales Avg $$/sf Med SP 2017 Sales Avg $$/sf Med SP Cardiff 92007 82 $711 $1,407,500 76 $711 $1,300,000 NW C-bad 92008 220 $465 $897,400...
We see agents take great delight in pushing 'off-market' deals as a vehicle to double-end commissions, while industry bosses look the other way. Might these two congressmen stumble upon it, and decide to do something? Seen at I-News: NAR general counsel Katie Johnson...
Mortgage rates have risen almost one-half percent this year, and are around 4.50% with no points today (conforming and jumbo). Because rates haven't moved much in recent years, the half-point increase sounds dramatic, and could cause a few people to reach for the...
The number of NSDCC houses being listed in January has been remarkably consistent, but the $197,100 increase in the median list price since last year will be a lot to swallow: Year Number of January Listings Median List Price 2013 410 $1,137,500 2014 413 $1,295,000...
Real estate films are getting better and better, and the length here is perfect - just enough to wet your whistle:
After no offers were received in the first thirty days, we knew something had to change. Let's upgrade the flooring and paint:
A better competitive gauge would be the number of bidding wars per city, but hard to get a count. Hat tip to Jarrell for sending this in: In a new study, LendingTree ranked the top 100 Most Competitive Housing Markets based on the factors that truly create a...
I sent yesterday's post to Lawrence - and this was his reply: Home values falling 8% to 12% were based on taking away all of the deductions- no MID and no property tax deductions. Fortunately, MID is set at $750,000 and $10,000 for state and local tax deductions....
Yesterday I sent a note to the C.E.O. of the National Association of Realtors to counter the idea that home values will be going down 8% to 12% this year. I've been asking for two months - show us your math. Here it is - see link below. They commissioned a study by...
