Who is selling? Over the last few years we've seen that most home sellers are the long-time owners, and that trend is continuing. On the left are the years when the sellers purchased the home they sold between July 26 and August 3rd of this year: Year Purchased...
The most interesting stat of the day? While the rest of the inventory numbers are relatively stable, the number of pendings in the Under-$1,000,000 category is at its lowest point since January - and the average LP-per-sf is about 5% lower than January too. The number...
This is one of the perils of real estate video production. You can get the whole crew out on a sunny day and make a quality video, but if the haze rolls in..... The photo above is a good representation how the ocean view looks in person! For those looking for...
Tired of the heat and want to get out on the water?
Homes in original condition would benefit, but you can't finance these: Home shoppers usually want to see a property at its best. This means that sellers truck in staged furniture, slap on fresh paint, and repair potential problems for buyers. “When you walk into a...
Here is some data to help calibrate the slowdown fears. These NSDCC detached-home inventory counts are from the first week of April, and the last week of July, plus a look at the closed sales for the first seven months of the year: Year April Inventory July Inventory...
In 1991, the National Association of Realtors produced this video on the future of real estate sales - hat tip daytrip!
If the uber-elite believe they need the privacy and are willing to leave mega-money on the table, then fine - pocket all you want. But the typical seller is better served by open-market exposure. All brokerages are getting into the game, and before long, pocket...
It may feel like a slowdown, but houses are still selling! By the time every agent reports their July sales, we should be up to at least 275 sales for 2018: NSDCC July Sales Year July # of Sales Avg. $$/sf Median Sales Price Avg. Days on Market 2014 271 $451/sf...
Two of the best ever: https://en.wikipedia.org/wiki/Crossroads_Guitar_Festival
