Older news now but once the federal government seizes these homes and tries to resell them, they will find out that there isn't much equity. Paul Manafort’s prized possession -- a 5,574-square-foot home in the Hamptons, which includes a putting green, pool house,...
How can the market keep going? Generational wealth distribution! Among respondents with an annual income over $100,000 who anticipate familial help with a down payment, the average expected level of support is over $50,000, enough for a 20 percent down payment on the...
Are you looking for one more reason to move away? It sounds like if/when the Big One starts shaking, you will need to grab everything you own and move to Yuma. The Nuclear Regulatory Commission (NRC) admits in their November 28, 2018 NRC Inspection Report and Notice...
Here's a visual that sums it up pretty well. Where are they going? https://www.car.org/marketdata/surveys/ahs
We are, once again, experiencing one of the greatest housing booms in United States history. How long this will last and...
This had been on the market for two years before it finally sold for $15,000,000 cash in September. Another Marengo deal; it sold for $7,800,000 in 2014:
Realtor.com is optimistic about the 2019 real estate market (Sales to be -2%): “Inventory will continue to increase next year, but unless there is a major shift in the economic trajectory, we don’t expect a buyer’s market on the horizon within the next five years,”...
The pundits are chiming in on their housing expectations for next year, and the opinions revolve around one topic: Higher mortgage rates are changing things. Here are two experts who don't think the number of sales will change much: “As we look toward 2019, we are...
5 br/3 ba, 3,046sf YB: 1989 LP: $1,300,000 TOP OF THE HILL location in timeless Ezan w/ Panoramic Ocean Views throughout property! Beautiful 5BR/3BA estate on .34 acre lot. Updated kitchen w/ gorgeous wood cabinetry, granite counters, large island, stainless steel...
I snipped this Zillow forecast (above) in October, 2016. They expected La Jolla home values to go up 2.1% in 2017, which earned a 'Very Cold' label. The La Jolla ZHVI rose 7% in 2017, so their forecast was a tad conservative. The index has been dropping lately, but...
