The FTC and DOJ conducted a workshop this week about the competitiveness in real estate. There hasn't been much press coverage, but Rob has summed up the bulk of it here: [button link="http://www.notorious-rob.com/2018/06/brief-reflections-on-the-doj-ftc-panel/"...
This 3br/2ba, 1,930sf house listed for $1,399,000 originally, but closed for $1,250,000 in March after 38 days on the market. The tax assessor loves these long-time owners turning over - the previous tax value was $172,330!
The Guess Who might be one of the most underrated bands of all-time! Burton Cummings is still touring Canada at 70 years old, and he just put his LA house on the market for $4,950,000 (he paid $1,750,000 five years ago):
Geez, they're no fun..... The Treasury Department and the IRS announced in Notice 2018-54 that they intend to propose regulations aimed at countering the efforts of California and other states in their attempts to help taxpayers get around the new $10,000 cap on state...
Zillow's panel of economists is forecasting the next recession, with 66% of them predicting it will start between 4Q19 and 1Q21: Experts in housing are predicting a recession starting in 2020, according to Zillow’s 2018 Q2 Home Price Expectations Survey; however, they...
Were you thinking you could always move to the desert? H/T daytrip: Mark Grden was looking for peace and quiet when he...
Now that the market is simmering down, it is more critical than ever that sellers hire the right listing agent. A failed coming-soon campaign can burn up your initial urgency, and cause showings to die down quickly once the listing finally hits the MLS. How soft is...
Last week I mentioned the problems with agents selling houses before inputting their listing onto the MLS (link here). Agents are so accustomed to doing it that there isn't much hope it will change, at least not until an outsider puts an end to it (district attorney...
Thanks to Daytrip who sent in this article which has a few different opinions on market conditions, and demonstrates the numerous variables in the housing equation. This excerpt from a New York appraiser by trade: The outcome is that high-end listings languish for...
For those boomers considering all the options of where to move, check out this example of living on a boat: ?
