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
Another analysis from the ivory tower. I'd love to see them survey baby boomers and/or realtors, instead of just guess at what might happen. Baby Boomers, the largest generation of Americans in history until the Millennials came along, have influenced the country...
Nothing wrong with distributing the estate early to help out the kids, and mortgage guidelines encourage it - the down payment can be 100% gift: When Melanie Gerber started working as a mortgage loan officer in Riverside seven years ago, she didn't see many first-time...
Pricing around San Diego slows down towards the end of the year - this isn't the first time, though we are starting earlier than ever. Combine the all-time-high pricing with higher mortgage rates and the cost of housing has gone up 17% this year alone, according to a...
Should we be discussing this in front of everyone? YES! Let's deal with reality - we can handle the truth! Sellers who need to sell can adjust, if needed. Buyers looking for a better deal will stay engaged. New agents (since 2009) will build new skills. Here are...
