Lower-income folks are leaving, and affluent people are coming - H/T Richard: Over a million more people moved out of California from 2006 to 2016 than moved in, according to a new report, due mainly to the high cost of housing that hits lower-income people the...
Did you see the police officer in Sarasota who retired this week? Link to story and...
It's been an old wives tale that listing agents can't disclose to a buyer's agent the price and terms of competing offers. I found this at the N.A.R. website: Real estate brokers may, unless prohibited by law or regulation, “shop” offers. Therefore, REALTORS®...
We keep hearing how tight the inventory has been, but it is relative to price. The Above-$1M market has had a fairly consistent supply - it's the lower-end inventory count that has been dropping steadily: NSDCC New Listings Between Jan 1 - April 30th Year # Listings...
A feel for what Tom's world is like:
Hello to all our eco-friendly homeowners! Now, I am NO expert. But I have read many articles and have come to the conclusion that this is where our world is heading. People have created eco-friendly cars, the next thing are homes! Check out below to see some of my...
More news today on the surge in home pricing, with Diana happy to point out that half of the nation's 50 largest markets are now considered overvalued, meaning home prices are at least 10 percent higher than the long-term, sustainable level. “The dream of...
This is why electronic signatures are binding. Thanks daytrip! Does it matter what you sign on contracts? Could you draw a picture or put an X and have it still be legally binding? With so many facets of modern life being automated, signatures being easy to forge, and...
Jerry Brown's replacement will be elected on November 6, 2018 - we can expect a barrage of advertising in the meantime. Here's how the candidates speak about the housing dilemma:
An article based on research from a mortgage insurance company, who has a stake in the game (unlike economists). The image above shows virtually no risk of prices falling in Southern California over the next two years. H/T daytrip: Housing bubble coming? According to...
