The N.A.R. rolled out a new logo a couple of weeks ago, and the response from agents was so bad they rescinded it. Undaunted, the California Association of Realtors did the same thing today (above), but at least they didn't reveal the cost (N.A.R. blew $250,000). They...
This is their third round of layoffs, and I think it's around 10% of the staff that's been let go. One of these days, it could affect the real estate market. From the UT: Qualcomm began notifying workers of layoffs on Wednesday as part of its previously announced...
Reader AI wondered what happened to the homes for the middle class. The Seaport is a good example. In 1977, these 1,512sf to 1,946sf homes across the street from the La Costa Resort were priced reasonably: Today? A remodeled house with an extra 500sf addition just...
Excerpted from this NPR article: New research and data suggest that the practices of house flippers fed the...
The real estate business has been too easy the last few years, and it appears a tougher market is coming, which will help weed out the agents. Unfortunately, downturns don't discriminate - a slower market will cause the retirements of realtors young and old, of...
I am the QUEEN of buying tons of groceries/bringing home all my leftovers and just throwing them in the fridge ... and then eventually throwing them out - ask any of my roommates! Did you know that 40% of the food in the US goes uneaten? Which means that...
Reader Rob asked, Can you do an article on the housing affordability index related to NSDCC? Just wondering what percentage of people need x amount of dollars with 20% down to afford a median priced home? Let's include data on the median price of detached-home...
We've seen this one before - it sold for $1,750,000 in 2013, and $2,275,000 in 2016 - it just sold again for $2,350,000. The house is 3,574sf on a 15,000sf lot.
Zillow is setting up their home-flipping business in Phoenix and Las Vegas, which are two very safe towns for taking a risk. The vast majority of houses there are easy-to-value tract homes, and relatively inexpensive compared to the coasts. But Zillow's stock price...
The numbers of pendings is dropping, and we're behind recent years when looking at the number of new pendings for the last week of March and first three weeks of April: NSDCC Last Four Weeks Year Total Number of New Listings Total Number of New Pendings 2015 365 277...
